November 16, 2012

Latin America's Adaptive Gangsters

Juan Vergara, Project Syndicate

AP Photo

Criminal networks distort the most important sources of change: globalization, technology, open markets, regional cooperation, and democracy. In a context of weak institutions, persistent inequalities, and high levels of marginalization and exclusion, new growth opportunities for organized crime have emerged. Latin America has more (formal) democracy, higher foreign-trade turnover, a larger middle class, and more advanced technology than it had 20 years ago. It also has more organized crime. CommentsView/Create comment on this paragraphThese networks bypass formal institutions to take advantage of the changes in recent decades, exploiting lacunae in the international system and the vulnerabilities of Latin American democracies. As a result, they have expanded into global markets,...

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TAGGED: War on Drugs, Drugs, Cocaine, Latin America, Mexico, Brazil, Colombia

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