Question

is the United States a friend or foe to Latin America? explain

Answer 1

As the news title reminds us every day: U.S. immigration is an significant subject of today's politics. Refugees and individuals seeking a better life are highly dependent on the U.S. as a haven. However, the media's common rhetoric is that the choice is mainly based on financial possibilities. The latest immigration scenario has now changed this rhetoric, leading to a stronger comprehension of why immigration is taking place. Not only for financial chance, but also for reasons such as seeking asylum due to other variables that are more hindering, such as extreme crime and corruption.

Thus, the present migrant caravan population has a broad variety of distinct backgrounds. The news has given an excess of papers on the migrant caravan, but few mention how the Latin American economy is affected by immigration from Latin America to the U.S. This paper will therefore include a discussion on this, as well as how the economy is affected differently by certain kinds of immigration.

One commonality that both types of immigration have on a country's economic growth is that it leads to reduced labor force. This weakens the capacity of a country to develop with the nations experiencing a "brain drain." Low and highly qualified immigrants, however, send their families home cash. This improves the finances that may be struggling for trade and investment in Latin American nations. Nevertheless, there is a higher advantage from these remittances from home nations of less qualified immigrants.

Economic growth as a result of immigration remittances is a fairly stable approach. In particular, remittances are seen as a precious source of revenue for nations experiencing a lagging or unstable economy. An instance of this is when in the Caribbean natural disasters leave many individuals displaced. The economy struggles with financing when this occurs and looks for assistance from outside nations. Immigrants are therefore sending more cash back than normal to assist their local families and communities. Remittances therefore assist to promote the economic stability of the nations impacted in Latin America

Last year, the United States sent Latin American security forces more than $1 billion in weapons, equipment and training, largely in the name of combating drugs. It was more than all the financial and growth aid it gave the area. A century after the end of the cold war, Washington works with every Latin American army saving Cuba's, and military officers, spies, and their political cohorts are often their main contact points.

The trade relationship can be ascertained by the markets most readily. Take Argentina's present drought as a microcosm: since early 2017, in some regions, the pampas have seen rainfall that is 20% of ordinary rates, causing at least three counties to declare an environmental emergency. Farmers and analysts predict yields up to 30 percent lower than usual and some experts to forecast that the bad weather could shave one percent off GDP this year.

There are particular instances of a replacement impact between the two at job. Backed by Deng Xiaoping's economic reforms, China, once seen as a sleeping giant, saw economic growth averaging 9.5 percent from 1976 to 2013, triggering a commodity supercycle in the 2000s. Due to an epidemic of mad cow disease, China prohibited US beef imports in 2003 as demand for foods increased. While the ban was lifted a few months ago, Argentina took over the market together with Brazil and Australia

It may seem strange that more often two countries with a competing agricultural export portfolio do not butt heads. Soybeans, maize, beef and wheat are the essence of the sector for both Argentina and the US. More generally, the United States produces, exports, imports and consumes, but they are neck-and-neck in international trade. Argentina is one of the top five most significant crop manufacturers and exporters, and agriculture accounts for 10% of its GDP. In 2016, a whopping 61 percent of its exports—US$35 billion—were linked to its agricultural industry. It's 11 percent for the US and 144 billion dollars.