![]() ![]() ![]() Yet, despite the high stakes, traditional regional governance mechanisms seem paralyzed, lacking even the capacity to discuss the current untenable situation, let alone address it. Latin American governments urgently need to work together to address the manifold challenges they face as events in recent decades have shown that unless better regional mechanisms can be found, domestic and transnational challenges-from organized crime and environmental degradation to migration and anemic economic growth-will become even more difficult to address, with potentially devastating long-term consequences. Latin America’s existing predicament stems from a complex set of interlinked social, economic, and political crises, which have been magnified by the advent of the coronavirus pandemic and a rising tide of isolationism and “antiglobalism.” These crises range from domestic polarization and economic travails, to ideological divergence, personal rivalries among the region’s leaders and U.S.-Chinese geopolitical competition, and all are hampering regional governance and negatively impacting the prospects of cooperation. ![]()
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