Unasur forecasts South Americaâs decade
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A new global order is emerging as a result of the world crisis and recession in developed countries and Latin America has a crucial role to play given its very satisfactory economic performance in recent years, said Unasur Secretary General Maria Emma Mejia.
Meeting in Madrid for the tenth anniversary of the Spanish foreign affairs think-tank Royal Institute Elcano, Ms Mejia together with other world experts and politicians were invited to discuss the international crisis, the emergence of new powers and if the world is heading for a new international order.
Ms Mejia said that the regionâs economy expanded 6% in 2010 and is expected to grow 4.5% this year, of which certainly âthe US and particularly Europe would feel very enviousâ. She added that âundoubtedly a new international order is emerging and Latin America believes it has a crucial role to playâ.
However the Union of South American Nations Secretary general admitted that inequality and poverty are the main pending issue of Latin America. In spite of the successful economic performance there are still 124 million people living in poverty.
Ms Mejia mentioned that Inter American Development Bank president Luis Alberto Moreno has indicated that Latam âcould double its GDP in the next 14 years which would enable the region to cut poverty from 32% to 10%â
âThis is our pending task in Latin America. Inequality and asymmetries are very serious, we have 124 million poor and 13% of our population is indigent, in spite of the huge efforts from countries such as Chile and Brazilâ added Ms Mejia.
Following the âlostâ decade of the 1980, the âfrustratedâ decade of the nineties, the current decade is âSouth Americaâs decadeâ said Ms Mejia who described the current situation as âmost encouragingâ as well as regional integration experiences such as Unasur (Union of South American Nations), through which the region can contribute to the world order and economic development.
However other guests were not so enthusiastic about the coming changes in the world order and what this could mean.
Robin Niblett, head of UK Chatman House said the world was not going from an international order dominated by a certain part of the world to one dominated by another part, but rather in coming years âwe will have to see how interdependence works out, and not who dominatesâ.
In spite of the fact that the current crisis is âwesternâ, Niblett cautioned ânot to underestimate the strength of the US and Europeâ, that have âsome of the most competitive powers and corporationsâ and a âvery strong social security systemâ.
Another participant at the forum was Yan Xuetong from the Tsinghua University Institute of Modern International Relations, considered one of the most prestigious institutions of China in the this field.
âChina is not a global power. From an economic point of view China is second in the world but this is not the case regarding political or military influenceâ insisted Yan Xuetong, who forecasted that Chinaâs influence in coming years will be âmostly economicâ.
âChina needs plenty of time, possibly twenty years to become a truly world powerâ, said the Tsinghua university expert, who is also the editor of Chinaâs Journal of International Politics. He added that âthe peaceful rise of China will help to strengthen world stabilityâ.
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Post available in: English