
By Saul R. Revatta
There is no doubt that since the end of World War II, the United States has been the dominant force shaping and leading the global economic order. The U.S. has spearheaded a Western-led rules-based capitalistic system that has fueled global economic growth but has also disproportionately benefited the U.S. and its western European allies. However, as of late, the U.S. has forgotten the tremendous economic gains it has reaped as the primary architect and enforcer of this system. Nowhere is this abdication of leadership more evident than in Latin America (LatAm), where the U.S. is ceding influence to China, which has been funding major infrastructure projects across the region. The incoming Trump administration must know that it is in the U.S.’s best interest to re-engage with LatAm and regain influence.
