In the past 20 years, Latin America and the Caribbean have seen the most dramatic decline in malnutrition of any developing region. The percentage of undernourished people in the region has fallen by almost two-thirds since the early 1990s, and currently stands at 6.1 percent.
Resource extraction—and especially mining—has powered Peru’s economic growth and driven the country’s social investment policies since the 1990s. Since its transition to democracy in 2001, Peru has seen its gdp more than double.
COA's Eric Farnsworth discussed the historic infrastructure project. ... Play Video
On December 22, Chinese developers and Nicaraguan authorities broke ground on a $50 billion inter-ocean canal that would bisect the country and offer an alternative to the Panama Canal. In an interview with CCTV, COA Vice President Eric Farnsworth discussed the project's aspirations and commented on questions of its feasibility. "There is a lot of skepticism because a lot of the questions that have been asked about a project of this magnitude simply haven’t been answered," Farnsworth said, "But at the same time it does seem, at least initially, to be a serious effort." Farnsworth also spoke about some of the political and economic reasons that the Nicaraguan government might be pursuing the project.