GREENWICH, Conn., Dec. 7, 2016 /PRNewswire/ --
- South America has a landmass that is almost twice as big as either the U.S. or Europe.
- Even though it is a major producer of essential raw materials, such as oil, grains and metals, its GDP about half as much as the U.S. or Europe.
- In order for the region to become a major economic actor on the global stage, it needs to come together as an integrated bloc in order to negotiate better terms for its products.
- Doing so should be easy, given its common language, religion and colonial ancestry.
- However, prior to doing so, it must come to grips with the various conflicts that drove the countries apart during the last two centuries.
This book analyzes the seven major conflicts that shaped the map of South America and established the deep divisions, buffers and rivalries that are act as obstacles to greater cooperation, trade and integration. Overcoming these barriers will help the continent to coalesce and develop into a superpower that will rival the U.S., Europe and China.
Walter Molano, the author of the book, is the Chief Economist of BCP Securities. He holds a PhD from Duke University and is a 1983 graduate of the U.S. Naval Academy. BCP Securities was started in 1989 with a strategic focus on the origination, distribution and trading of Emerging Market securities. Since its inception, it has issued over $15 billion of EM securities. BCP has 75 employees, which include 11 credit traders, 21 salespersons, and 8 sovereign and credit research analysts, located in six global offices -- Greenwich, Madrid, Singapore, Miami, Mexico City, and Rio de Janeiro.
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SOURCE Walter Molano