Current Issues
Published on Nov 18, 2015
Latin America
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PRESENTATION OUTLINE
Current Issues
Photo by gaudiramone
Untitled Slide
Photo by UNclimatechange
Untitled Slide
Third World Debt Crisis
Photo by quapan
Debt Crisis
- Oil-rich countries invest in Western banks
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Debt Crisis
- 1970s: Oil-rich countries invest in Western banks
- 1970-80: Banks persuade poor countries to take low-interest loans
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Chile 1973: Pinochet & Allende
"To disappear a person"
Photo by todosnuestrosmuertos
Neoliberal Economics
Neoliberalism:
- Privatization
- Austerity
- Deregulation
- Free Trade
Debt Crisis
- 1970s: Oil-rich countries invest in Western banks
- 1970-80s: Banks persuade poor countries to take low-interest loans
- 1980s-90s: Loan interest rates rise dramatically, beginning crisis
Debt-for-nature Swap
NASA
Poverty does drive people to migrate to forest frontiers, where they engage in slash and burn forest clearing for subsistence. But rarely does one factor alone bear the sole responsibility for tropical deforestation.
State policies to encourage economic development, such as road and railway expansion projects, have caused significant, unintentional deforestation in the Amazon and Central America. Agricultural subsidies and tax breaks, as well as timber concessions, have encouraged forest clearing as well. Global economic factors such as a country’s foreign debt, expanding global markets for rainforest timber and pulpwood, or low domestic costs of land, labor, and fuel can encourage deforestation over more sustainable land use.
Poverty does drive people to migrate to forest frontiers, where they engage in slash and burn forest clearing for subsistence. But rarely does one factor alone bear the sole responsibility for tropical deforestation.
State policies to encourage economic development, such as road and railway expansion projects, have caused significant, unintentional deforestation in the Amazon and Central America. Agricultural subsidies and tax breaks, as well as timber concessions, have encouraged forest clearing as well. Global economic factors such as a country’s foreign debt, expanding global markets for rainforest timber and pulpwood, or low domestic costs of land, labor, and fuel can encourage deforestation over more sustainable land use.
Photo by Threat to Democracy
NAFTA
Photo by nielsfrenzen
NAFTA Pros
- Cheaper products for all
- Businesses profit from more exports
NAFTA Cons
- Loss of manufacturing jobs in US
- Loss of agricultural jobs in Mexico
- Uneven profit distribution
