Latin America does not have a lot of reasons to be cheerful about the year coming to an end.
The end of the commodity boom has hit LatAm economies hard. Everywhere in the region, presidents are battling high disapproval ratings. Social discontent is growing. But despite the bleak outlook, 2015 is ending on a high note for democracy in Latin America. The presidential elections in Argentina and Guatemala and the recent legislative election in Venezuela have resulted in strong endorsements of democratic principles. As Latin America prepares for a challenging year in 2016, the decision to support democratic alternatives stands out as good news in an otherwise grey end of the year for Latin America.
To read more, please visit the Buenos Aires Herald.