Latin America is at a crossroads. The "golden age" inaugurated with the turn of the new millennium seems a faint memory. Economies that had grown at a steady pace are now slowing down, while some are in freefall. Politically, the "pink tide" of populist movements is now ebbing. From Brazil to Venezuela, from Argentina to Bolivia, left-leaning leaders across the region seem to have lost their bond with the people. Their promises of an equitable society through an apparently never-ending redistribution of wealth crashed against the reality of shortsighted and unsustainable policies. Political and social turmoil are heralding an era of changes and - maybe - of new opportunities for Latin America. And this 'great transformation' is precisely what this volume is all about. Where is it leading to? Does it mark the beginning of a new age? Which lessons can be learnt from the past? Leading international scholars and experts scratch beneath the surface of Latin America's current crisis to have a clearer glimpse of what the future holds and draw policy recommendations, especially for the EU.

Latin America at a crossroads

Global geopolitical relations are being shaken to their roots, and no region in the world is more entangled in this than Latin America. Trump's foreign policy is transforming the role played by the United States on the world stage, questioning multilateralism and casting a shadow on the whole idea of global governance. Other world powers, especially Russia and China, are not sitting idly by. The European Union has an opportunity to take on the mantle of guarantor of liberal values and the multilateral order, and to strengthen its alliance with Latin American countries. This report helps to delve deeper into the region's shifting dynamics. How are the US, China, and the EU competing in terms of political alliances and economic projection towards the Latin American region? And how are some of the main Latin American countries (namely Brazil, Mexico, and Venezuela) contributing to change the regional picture?

Latin America and the New Global Order - Dangers and Opportunities in a Multipolar World

Despite a stop-and-go policy, over the past twenty years the European Union, Latin America, and the Caribbean Region have joined forces to scale-up their partnership. Today, the time seems ripe for the EU to give new impetus to bi-regional relations as the US interest in the region appears to be decreasing, and China quickly steps in. The near future will indicate whether the political will to bolster relations between the EU and the region is actually stronger than before: how will the agreements between the EU and Mexico, Chile, and the Caribbean be updated? Will the EU-MERCOSUR Association Agreement be completed?If so, the EU will be able to enact free trade agreements with all the countries in the region, except Bolivia, Venezuela and Cuba. The latter is already involved in its first ever negotiation with the EU to strengthen bilateral cooperation. This volume provides an overview and wide-ranging analyses on the ongoing negotiations, viable options and possible results.

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