What are the effects of the recent political turmoil in Latin America on the region's tourism demand? The turmoil comes amid a Coronavirus outbreak which has so far claimed the lives of 35,000 Peruvians, the second highest per capita death toll in the world. Bolivia was also given a 4. The country is the first in Latin America and fourth in the world to allow emergency use of the coronavirus vaccine. Bolivia approves first same-sex union following legal battle. 28132 So much recent media attention on Latin America has focused on the political crisis and economic catastrophe in Venezuela — and with good reason. From 1979 to 1998 , Peru had such a crisis nearly every year. Bouts of civil unrest are common in Latin America, but 2019 saw a serious bucking of the regional trend. While it is still among the poorest countries in Latin America, Bolivia's poverty rate decreased from 45 percent of the population in 2010 to 35 percent in 2018, according to the World Bank. At the onset of the year, nine of the region’s 10 largest economies sat in the extreme- or high-risk category of our Civil Unrest Index.The only outlier was Chile. Turmoil in Latin America and the Caribbean Volatility, Spillovers, and Contagion THE WORLD BANK Washington, D.C. Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized. The Old Consensus Dies in Latin America System Update producer Victor Pougy and Benjamin Fogel of Jacobin talk about the political turmoil in Brazil, Colombia, and Mexico. The opposite, in fact: Between 1970 and 1998, Latin America experienced an economic crisis every two years. Even as coronavirus cases soar in Latin America, another calamity looms: Sharply contracting economies, unsustainable debt and deepening inequality could unleash social turmoil … 12 Dec 2020. Latin America A Giant In Turmoil Al Jazeera January 27, 2020 9:00am-10:00am +03 A former Chilean presidential candidate explores the defeat of left-wing political parties across Latin America and what it means for the future. ... ECONOMIC TURMOIL LATIN AMERICA POLITICAL CRISIS. Like the current situation in the United States, violence appeared to erupt nearly simultaneously throughout the continent and, like in America, many locals expressed frustration that the most violent acts appeared to be committed or paid for by foreign actors. The ranking takes into account crime, security services, civil unrest, terrorism, kidnapping, and geopolitical risk. Autumn 2019 saw looting, burning, and assorted destructive acts in Ecuador, Bolivia, Brazil, and Chile, among other countries. Despite the shifting political scenario and waves of crime, firms with established operations in Latin America are not likely to give up on those countries.