IBOV 177,261.94 ▼ 0.41% IPSA 10,986.47 ▼ 0.28% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,273,672 ▼ 0.54% COLCAP 2,382.96 ▼ 0.38% BVL PERÚ 57,378.30 — — USD/BRL5.09▲ 0.24% USD/MXN17.33▲ 0.12% USD/CLP925.29▼ 0.62% USD/COP3,238▲ 1.09% USD/PEN3.38▼ 0.33% USD/ARS1,493▲ 0.47% USD/UYU40.27▲ 0.17% USD/PYG5,936▲ 0.08% USD/BOB12.07▼ 0.25% USD/DOP58.00▲ 0.02% USD/CRC448.42— 0.00% USD/GTQ7.62▼ 0.08% USD/HNL26.78▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES746.91▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▼ 0.13% USD/TTD6.74▲ 0.40% EUR/BRL5.85▼ 0.17% BRENT 83.60 ▼ 7.23% WTI 79.97 ▼ 5.55% IRON ORE 161.91 — — COPPER 6.53 ▲ 1.42% GOLD 4,091 ▲ 1.03% SILVER 57.85 ▲ 0.44% SOY 1,193 ▲ 1.79% CORN 471.50 ▲ 6.98% WHEAT 652.75 ▲ 2.11% COFFEE 320.65 ▼ 3.45% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 157.95 ▲ 1.94% COTTON 81.39 ▲ 1.11% COCOA 5,914 ▲ 9.58% BEEF 227.35 ▼ 1.90% CATTLE 343.48 ▼ 1.31% LITHIUM 69.08 ▼ 0.20% PETR4 42.78 ▼ 1.47% VALE3 74.38 ▼ 2.49% ITUB4 42.98 ▲ 0.25% BBDC4 18.51 ▲ 0.54% ABEV3 15.87 ▼ 0.75% BBAS3 21.21 ▼ 0.66% B3SA3 15.64 ▼ 0.57% WEGE3 48.04 ▲ 1.78% PRIO3 58.64 ▼ 3.63% SUZB3 43.35 ▲ 0.07% RENT3 38.12 ▲ 1.36% AZZA3 16.20 ▼ 1.34% CSAN3 4.09 ▲ 0.49% RAIZ4 0.26 — 0.00% PCAR3 2.68 ▲ 3.47% GMAT3 4.00 ▼ 0.74% PSSA3 54.42 ▼ 0.51% CVCB3 1.43 ▲ 9.16% POSI3 3.57 ▲ 0.56% SLCE3 13.43 ▲ 0.37% NATU3 8.48 ▲ 1.19% BRKM5 5.89 ▼ 1.34% RANI3 8.39 ▲ 3.45% CSNA3 4.52 ▼ 6.61% CMIN3 5.65 ▼ 1.05% USIM5 7.52 ▲ 2.17% GGBR4 25.27 ▲ 1.16% ENEV3 26.88 ▲ 2.17% CPFE3 45.80 ▼ 0.74% CMIG4 11.13 ▼ 1.85% EQTL3 38.78 ▲ 0.31% LREN3 13.93 ▲ 2.43% VIVT3 32.34 ▼ 0.89% RAIL3 14.18 ▼ 1.80% KLABIN 18.28 ▲ 0.16% RAIA DROGASIL 18.64 ▲ 0.87% RDOR3 34.17 ▼ 1.36% HAPV3 11.77 ▲ 4.34% FLRY3 17.29 ▲ 0.88% SMTO3 14.44 ▼ 0.55% UGPA3 32.90 ▼ 0.45% VBBR3 36.18 ▲ 0.36% BBSE3 41.52 ▲ 0.63% BPAC11 57.07 ▲ 0.48% CURY3 31.44 ▲ 4.49% AERI3 2.17 ▲ 0.93% VIVARA 22.81 ▲ 2.84% COMPASS 24.89 ▲ 0.20% VAMOS 3.31 ▼ 0.90% SANB11 28.66 ▲ 0.14% ASAI3 8.50 — 0.00% SBSP3 27.27 ▼ 1.55% WALMEX 49.95 ▼ 0.60% GMEXICO 212.74 ▲ 2.42% FEMSA 217.08 ▼ 1.97% CEMEX 20.71 ▲ 0.98% GFNORTE 198.16 ▼ 1.21% BIMBO 61.50 ▼ 0.74% TELEVISA 9.68 ▼ 1.33% AMX 21.61 ▼ 2.08% GAP 374.22 ▼ 0.61% ASUR 277.53 ▲ 0.69% OMA 231.63 ▲ 0.13% KOF 185.75 ▼ 0.81% GRUMA 263.42 ▲ 2.01% KIMBER 40.10 ▼ 0.25% SQM-B 62,000 ▼ 1.12% COPEC 6,298 ▼ 0.82% BSANTANDER 79.99 ▼ 1.23% FALABELLA 6,270 ▲ 0.88% ENELAM 87.79 ▼ 0.23% CENCOSUD 1,947 ▼ 0.40% CMPC 1,067 ▲ 1.11% BANCO CHILE 190.71 ▼ 1.55% LATAM AIR 25.26 ▲ 2.10% YPF 8,150 ▼ 1.69% GGAL 7,950 ▲ 0.87% PAMPA 5,495 ▼ 1.08% TXAR 656.00 ▼ 0.53% ALUAR 968.50 ▼ 0.92% TGS 9,955 ▼ 0.95% CEPU 2,370 ▼ 1.09% MIRGOR 1,710 ▼ 89.54% COME 43.49 ▼ 1.23% LOMA NEGRA 3,568 ▼ 1.45% BYMA 293.75 ▼ 0.59% TELECOM ARG 4,380 ▼ 0.62% ECOPETROL 16.56 ▼ 1.28% BANCOLOMBIA 91.16 ▼ 1.48% GRUPO AVAL 5.17 ▼ 2.08% CREDICORP 396.56 ▼ 1.00% SOUTHERN COPPER 184.60 ▲ 1.03% BUENAVENTURA 30.20 ▼ 0.26% MERCADOLIBRE 1,902 ▲ 1.27% NUBANK 14.43 ▲ 0.70% XP 17.02 ▼ 0.26% PAGSEGURO 9.65 ▲ 0.05% STONE 11.27 ▼ 0.97% GLOBANT 37.44 ▲ 2.28% TECNOGLASS 45.64 ▲ 5.06% GAP AIRPORT 215.82 ▼ 0.70% ASUR 277.53 ▲ 0.69% OMA AIRPORT 106.84 ▼ 0.06% AMX ADR 24.87 ▼ 1.89% FEMSA ADR 125.08 ▼ 2.27% CEMEX ADR 11.90 ▲ 0.63% PETROBRAS ADR 19.02 ▼ 1.96% VALE ADR 14.57 ▼ 3.29% ITAU ADR 8.45 ▼ 0.12% SANTANDER BR 5.69 ▲ 0.26% AMBEV ADR 3.07 ▼ 1.29% CSN 0.92 ▼ 7.14% GERDAU 4.99 ▲ 0.50% LATAM ADR 54.50 ▲ 3.30% BTC 63,777 ▲ 0.46% ETH 1,866 ▼ 0.87% SOL 73.57 ▲ 0.17% XRP 1.08 ▼ 0.36% BNB 590.88 ▲ 0.56% ADA 0.19 ▲ 0.97% DOGE 0.07 ▼ 0.59% AVAX 6.53 ▼ 0.18% LINK 8.23 ▼ 1.63% DOT 0.83 ▲ 3.79% LTC 44.17 ▼ 1.04% BCH 213.80 ▲ 0.60% TRX 0.33 ▲ 0.80% XLM 0.17 ▼ 1.39% HBAR 0.07 ▲ 0.93% NEAR 1.74 ▲ 1.25% ATOM 1.35 ▲ 6.73% AAVE 93.20 ▲ 1.30% SELIC 14.25% EMBRAER 90.20 ▲ 3.81% EMBRAER ADR 70.88 ▲ 3.73% JBS 13.82 ▼ 1.46% JBS BDR 70.24 ▼ 0.65% MBRF3 17.65 ▲ 0.63% MBRFY 3.41 ▼ 0.87% INTER 5.55 ▼ 0.98% EGX 54,094 ▼ 0.35% USD/ZAR16.55— 0.00% USD/NGN1,361▲ 0.07% NIKKEI 63,755 ▼ 0.94% CSI300 4,543 ▼ 0.98% HSI 26,009 ▲ 0.48% NIFTY 24,774 ▲ 1.60% KOSPI 6,257 ▼ 5.12% JCI 6,234 ▼ 0.03% USD/JPY156.96▼ 0.31% USD/CNY6.74▼ 0.12% DAX 26,001 ▲ 1.45% CAC 8,614 ▲ 1.22% FTSE 10,858 ▼ 0.10% MIB 52,872 ▲ 1.34% IBEX 19,983 ▲ 1.01% STOXX 652.09 ▲ 0.45% EUR/USD1.15▼ 0.32% GBP/USD1.34▼ 0.47% SPX 7,595 ▲ 1.41% DJI 52,986 ▲ 0.95% NDX 28,765 ▲ 1.74% RUT 2,973 ▲ 1.42% TSX 35,226 ▼ 0.79% VIX 15.56 ▼ 2.69% USD/CAD1.40▲ 0.28% US10Y 4.6900 ▼ 1.16% IBOV 177,261.94 ▼ 0.41% IPSA 10,986.47 ▼ 0.28% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,273,672 ▼ 0.54% COLCAP 2,382.96 ▼ 0.38% BVL PERÚ 57,378.30 — — USD/BRL 5.09 ▲ 0.24% USD/MXN 17.34 ▲ 0.16% USD/CLP 925.31 ▼ 0.62% USD/COP 3,240 ▲ 1.16% USD/PEN 3.38 ▼ 0.27% USD/ARS 1,492 ▲ 0.44% USD/UYU 40.27 ▲ 0.17% USD/PYG 5,936 ▲ 0.08% USD/BOB 12.07 ▼ 0.25% USD/DOP 58.00 ▲ 0.02% USD/CRC 448.42 ▲ 0.00% USD/GTQ 7.62 ▼ 0.08% USD/HNL 26.78 ▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES 746.91 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.24% USD/TTD 6.74 ▲ 1.26% EUR/BRL 5.85 ▼ 0.17% BRENT 83.60 ▼ 7.23% WTI 79.97 ▼ 5.55% IRON ORE 161.91 — — COPPER 6.53 ▲ 1.42% GOLD 4,091 ▲ 1.03% SILVER 57.85 ▲ 0.44% SOY 1,193 ▲ 1.79% CORN 471.50 ▲ 6.98% WHEAT 652.75 ▲ 2.11% COFFEE 320.65 ▼ 3.45% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 157.95 ▲ 1.94% COTTON 81.39 ▲ 1.11% COCOA 5,914 ▲ 9.58% BEEF 227.35 ▼ 1.90% CATTLE 343.48 ▼ 1.31% LITHIUM 69.08 ▼ 0.20% PETR4 42.78 ▼ 1.47% VALE3 74.38 ▼ 2.49% ITUB4 42.98 ▲ 0.25% BBDC4 18.51 ▲ 0.54% ABEV3 15.87 ▼ 0.75% BBAS3 21.21 ▼ 0.66% B3SA3 15.64 ▼ 0.57% WEGE3 48.04 ▲ 1.78% PRIO3 58.64 ▼ 3.63% SUZB3 43.35 ▲ 0.07% RENT3 38.12 ▲ 1.36% AZZA3 16.20 ▼ 1.34% CSAN3 4.09 ▲ 0.49% RAIZ4 0.26 — 0.00% PCAR3 2.68 ▲ 3.47% GMAT3 4.00 ▼ 0.74% PSSA3 54.42 ▼ 0.51% CVCB3 1.43 ▲ 9.16% POSI3 3.57 ▲ 0.56% SLCE3 13.43 ▲ 0.37% NATU3 8.48 ▲ 1.19% BRKM5 5.89 ▼ 1.34% RANI3 8.39 ▲ 3.45% CSNA3 4.52 ▼ 6.61% CMIN3 5.65 ▼ 1.05% USIM5 7.52 ▲ 2.17% GGBR4 25.27 ▲ 1.16% ENEV3 26.88 ▲ 2.17% CPFE3 45.80 ▼ 0.74% CMIG4 11.13 ▼ 1.85% EQTL3 38.78 ▲ 0.31% LREN3 13.93 ▲ 2.43% VIVT3 32.34 ▼ 0.89% RAIL3 14.18 ▼ 1.80% KLABIN 18.28 ▲ 0.16% RAIA DROGASIL 18.64 ▲ 0.87% RDOR3 34.17 ▼ 1.36% HAPV3 11.77 ▲ 4.34% FLRY3 17.29 ▲ 0.88% SMTO3 14.44 ▼ 0.55% UGPA3 32.90 ▼ 0.45% VBBR3 36.18 ▲ 0.36% BBSE3 41.52 ▲ 0.63% BPAC11 57.07 ▲ 0.48% CURY3 31.44 ▲ 4.49% AERI3 2.17 ▲ 0.93% VIVARA 22.81 ▲ 2.84% COMPASS 24.89 ▲ 0.20% VAMOS 3.31 ▼ 0.90% SANB11 28.66 ▲ 0.14% ASAI3 8.50 — 0.00% SBSP3 27.27 ▼ 1.55% WALMEX 49.95 ▼ 0.60% GMEXICO 212.74 ▲ 2.42% FEMSA 217.08 ▼ 1.97% CEMEX 20.71 ▲ 0.98% GFNORTE 198.16 ▼ 1.21% BIMBO 61.50 ▼ 0.74% TELEVISA 9.68 ▼ 1.33% AMX 21.61 ▼ 2.08% GAP 374.22 ▼ 0.61% ASUR 277.53 ▲ 0.69% OMA 231.63 ▲ 0.13% KOF 185.75 ▼ 0.81% GRUMA 263.42 ▲ 2.01% KIMBER 40.10 ▼ 0.25% SQM-B 62,000 ▼ 1.12% COPEC 6,298 ▼ 0.82% BSANTANDER 79.99 ▼ 1.23% FALABELLA 6,270 ▲ 0.88% ENELAM 87.79 ▼ 0.23% CENCOSUD 1,947 ▼ 0.40% CMPC 1,067 ▲ 1.11% BANCO CHILE 190.71 ▼ 1.55% LATAM AIR 25.26 ▲ 2.10% YPF 8,150 ▼ 1.69% GGAL 7,950 ▲ 0.87% PAMPA 5,495 ▼ 1.08% TXAR 656.00 ▼ 0.53% ALUAR 968.50 ▼ 0.92% TGS 9,955 ▼ 0.95% CEPU 2,370 ▼ 1.09% MIRGOR 1,710 ▼ 89.54% COME 43.49 ▼ 1.23% LOMA NEGRA 3,568 ▼ 1.45% BYMA 293.75 ▼ 0.59% TELECOM ARG 4,380 ▼ 0.62% ECOPETROL 16.56 ▼ 1.28% BANCOLOMBIA 91.16 ▼ 1.48% GRUPO AVAL 5.17 ▼ 2.08% CREDICORP 396.56 ▼ 1.00% SOUTHERN COPPER 184.60 ▲ 1.03% BUENAVENTURA 30.20 ▼ 0.26% MERCADOLIBRE 1,902 ▲ 1.27% NUBANK 14.43 ▲ 0.70% XP 17.02 ▼ 0.26% PAGSEGURO 9.65 ▲ 0.05% STONE 11.27 ▼ 0.97% GLOBANT 37.44 ▲ 2.28% TECNOGLASS 45.64 ▲ 5.06% GAP AIRPORT 215.82 ▼ 0.70% ASUR 277.53 ▲ 0.69% OMA AIRPORT 106.84 ▼ 0.06% AMX ADR 24.87 ▼ 1.89% FEMSA ADR 125.08 ▼ 2.27% CEMEX ADR 11.90 ▲ 0.63% PETROBRAS ADR 19.02 ▼ 1.96% VALE ADR 14.57 ▼ 3.29% ITAU ADR 8.45 ▼ 0.12% SANTANDER BR 5.69 ▲ 0.26% AMBEV ADR 3.07 ▼ 1.29% CSN 0.92 ▼ 7.14% GERDAU 4.99 ▲ 0.50% LATAM ADR 54.50 ▲ 3.30% BTC 63,777 ▲ 0.46% ETH 1,866 ▼ 0.87% SOL 73.57 ▲ 0.17% XRP 1.08 ▼ 0.36% BNB 590.88 ▲ 0.56% ADA 0.19 ▲ 0.97% DOGE 0.07 ▼ 0.59% AVAX 6.53 ▼ 0.18% LINK 8.23 ▼ 1.63% DOT 0.83 ▲ 3.79% LTC 44.17 ▼ 1.04% BCH 213.80 ▲ 0.60% TRX 0.33 ▲ 0.80% XLM 0.17 ▼ 1.39% HBAR 0.07 ▲ 0.93% NEAR 1.74 ▲ 1.25% ATOM 1.35 ▲ 6.73% AAVE 93.20 ▲ 1.30% SELIC 14.25% EMBRAER 90.20 ▲ 3.81% EMBRAER ADR 70.88 ▲ 3.73% JBS 13.82 ▼ 1.46% JBS BDR 70.24 ▼ 0.65% MBRF3 17.65 ▲ 0.63% MBRFY 3.41 ▼ 0.87% INTER 5.55 ▼ 0.98% EGX 54,094 ▼ 0.35% USD/ZAR 16.55 ▲ 0.02% USD/NGN 1,361 ▼ 0.23% NIKKEI 63,755 ▼ 0.94% CSI300 4,543 ▼ 0.98% HSI 26,009 ▲ 0.48% NIFTY 24,774 ▲ 1.60% KOSPI 6,257 ▼ 5.12% JCI 6,234 ▼ 0.03% USD/JPY 156.96 ▼ 0.28% USD/CNY 6.7431 ▼ 0.03% DAX 26,001 ▲ 1.45% CAC 8,614 ▲ 1.22% FTSE 10,858 ▼ 0.10% MIB 52,872 ▲ 1.34% IBEX 19,983 ▲ 1.01% STOXX 652.09 ▲ 0.45% EUR/USD 1.1507 ▼ 0.17% GBP/USD 1.3424 ▼ 0.47% SPX 7,595 ▲ 1.41% DJI 52,986 ▲ 0.95% NDX 28,765 ▲ 1.74% RUT 2,973 ▲ 1.42% TSX 35,226 ▼ 0.79% VIX 15.56 ▼ 2.69% USD/CAD 1.4048 ▲ 0.22% US10Y 4.6900 ▼ 1.16%
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Latin America Politics - Brazil

Latin America in pandemic, disenchanted with its governments and democracy – survey

By · October 8, 2021 · 3 min read

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RIO DE JANEIRO, BRAZIL – The Covid-19 health crisis has aggravated the low levels of support for democracy and the disenchantment with governments that most Latin American citizens displayed before the pandemic, according to the Latinobarómetro survey released on Thursday (7).

“The situation was very serious before the pandemic, but this has been exacerbated,” said Marta Lagos, director and founder of Latinobarómetro, a survey on the political climate and democracy in the region.

According to the survey, conducted in 18 Latin American countries, support for democratic regimes peaked in 2010, at 63%, after which it began a decade of generalized decline to reach 49% approval in 2020, one percentage point more than the year before.

The Covid-19 health crisis has aggravated the low levels of support for democracy and the disenchantment with governments in Latin America. (photo internet reproduction)
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The countries in the region with the highest levels of support for democracy are Uruguay (74%), Costa Rica (67%) and Chile (60%), while those with the lowest are Panama (35%), Ecuador (33%) and Honduras (30%).

However, 70% of Latin Americans reported being dissatisfied with their governments, a mark well above that of 2017 (58%), while 25% said they were pleased.

Among the main deficiencies are the perception of governing for a minority, the unequal distribution of wealth and the differences in access to Justice, Education and Health, the report pointed out.

In parallel, in 2020, support for authoritarianism fell from 15% to 13%, which shows “a very slow drop in support for this type of regimes,” Lagos added, with Paraguay, Mexico and Ecuador as the countries that most support this idea.

“In order to increase support for democracy, a change in the rules is required,” added the chief economist of the United Nations Development Program (UNDP) for Latin America Marcela Meléndez. “It is crucial that from the streets we demand a regulation of the operation of lobbies and campaign financing that now prevent the transition to equitable societies,” she said.

“THE DECADE OF PROTESTS”

According to Lagos, the coming decade will be the “decade of protests,” in which the citizens of many countries in the region “will vindicate the vulnerabilities of democracy and demand more civic and social rights.” “The pandemic was a hiatus that in fact further exacerbated problems and inequalities. The demands are still there and when we return to normalcy, protests will be resumed,” she said.

According to the report, some 60% of the population is willing to march for better education, health and other basic services.

In parallel, the region will face the “threat” of populist governments, albeit not of coups d’état or military regimes, which according to the survey have been gradually losing adherence until now having only a minority support.

Brazil is one of the main countries at risk of having a populist government, Lagos said, while Ecuador and Colombia are the most susceptible to protests, as well as Honduras, Guatemala and Paraguay.

Chile has the challenge of organizing the demands through the constitutional reform process it is currently undergoing, which was presented as the political path to ease the 2019 social crisis, she added.

Latin America is one of the world’s most unequal regions and, with over 45 million people infected and almost 1.5 million Covid-19 deaths, one of the most affected in health and economic terms by the pandemic.

The Latinobarómetro survey interviewed more than 20,200 people over 18 years of age in 18 countries in Latin America and the Caribbean, a representative sample of the over 600 million inhabitants.

This survey was conducted between October 26 and December 15, 2020 in 17 countries in person and between April 26 and May 16, 2021 in Argentina, remotely due to Covid-19 restrictions, and the error margin is 3% plus or minus.

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