Latin American lockdowns speed Mercado Libre's growth

Significance Latin America’s leading e-commerce platform has emerged as one of the winners in the current regional business environment, marked by the COVID-19 pandemic. While retailers across the region have struggled to cope with lockdowns, Mercado Libre saw its user numbers increase by 45.2% year-on-year in the second quarter, to 51.5 million. Mercado Libre has been able to adapt its business model to Latin America’s unique market features, which include excessive regulation, chronic infrastructure problems and poor enforcement of the rule of law. Impacts Mercado Libre’s expansion prospects in Latin America may prove strongest outside its home market, Argentina. The shift towards online retail in the region will continue as fintech expands among people not included in traditional financial systems. Regulatory difficulties and trade union pushback will continue to raise challenges in some markets.

Subject Taxi apps in Latin America. Significance Uber in El Salvador agreed on November 10 to abide by existing operating laws, after Vice Transport Minister Nelson Garcia warned that vehicles could be seized if they did not comply. Driver apps are controversial with traditional transport companies in Latin America, as elsewhere, and legislation often lags behind their new business model, exacerbating tensions with taxi drivers in particular. The service is nevertheless growing rapidly across the region, with local rivals positioning themselves to challenge Uber’s market dominance. Impacts Smartphone apps will grow even further in popularity because they address key needs for urban dwellers. Uber will struggle to shake off safety concerns in many Latin American cities in which it operates. Local rivals will consolidate further in an attempt to compete effectively with Uber.


2014 ◽  
Vol 6 (2-3) ◽  
pp. 153-169 ◽  
Author(s):  
Shannon I. Smithey ◽  
Mary Fran T. Malone

Abstract Crime poses a formidable obstacle to democratization in many parts of the developing world. New democracies in Central America and sub-Saharan Africa face some of the highest homicide rates in the world. Politicians, citizens, and policy-makers have raised the alarm about the growing tide of criminality. Public insecurity, coupled with inefficient and often corrupt justice systems, makes democratization uncertain. Even if new democracies do not revert to dictatorship, the quality of democracy may suffer if crime continues to rise. One particularly vulnerable component of democracy is the rule of law, as public insecurity may fuel support for extra-legal justice, and a willingness to disregard the law while aggressively pursuing suspected criminals. To test these relationships, we assess the ways in which criminal victimization, as well as fear of crime, affect citizen support for the rule of law. We utilize public opinion data collected in select countries in Latin America and sub-Saharan Africa through two widely used sources – the Latin American Public Opinion Project (LAPOP) and the Afrobarometer surveys.


2002 ◽  
Vol 96 (4) ◽  
pp. 872-873
Author(s):  
Pilar Domingo

Elusive Reform is an important and welcome addition to the still underdeveloped area of political science analysis of judicial institutions in Latin America. Few volumes to date have undertaken such an in-depth study of the complex issue of rule of law and its problematic construction in fragile democratic systems in the region. The book analyzes the experience of rule of law reform in Argentina and Venezuela, with some comparative reference to other Latin American countries.


2004 ◽  
Vol 36 (3) ◽  
pp. 423-450 ◽  
Author(s):  
FREDRIK UGGLA

During the last 20 years ombudsmen have been established in most Latin American countries. This article provides an overview of the how these institutions have evolved in six countries, particularly with regard to their political independence and strength. In spite of the potentially important role that such institutions may have in promoting public accountability, respect for human rights and the rule of law in new democracies, some ombudsmen have been more successful than others in these tasks. This article reflects on possible factors accounting for the relative effectiveness of the ombudsman, and discusses the role that this institution plays in contemporary Latin America.


2021 ◽  
pp. 1-29
Author(s):  
Alberto Coddou Mc Manus

Abstract Ius Constitutionale Commune in Latin America (ICCAL) is an academic endeavour that attempts to provide an account of the original Latin American path of transformative constitutionalism, comprising elements from national, transnational and international legal orders, and where the law is placed at the service of the normative trinity of constitutionalism, namely the rule of law, democracy and human rights. In this regard, ICCAL speaks of an Inter-American law that represents a new legal phenomenon, in a region where constitutionalist ideas have allegedly claimed new traction. In this article, I develop two main critiques that can be deemed challenges for an academic project that is still ‘under construction’, and provide an intellectual map of Latin American constitutionalism that could address these critiques and serve as a roadmap for studying potential Latin American contributions to debates around global constitutionalism.


2016 ◽  
Vol 12 (3) ◽  
pp. 892-912
Author(s):  
Ángel R. Oquendo

Abstract Without doubt, pervasive corruption may undermine a government's legitimacy. Citizens may lose faith in political and legal institutions and become cynical or rebel. Ultimately, the very survival of the polity may be at stake. This paper deals with these issues, but at a rather specific conceptual level. In particular, it explores the notion of a legitimation crisis and its implications for the issue of corruption in Latin America. This exercise will make it possible to appreciate how corrupt practices debilitate the state's claim to justification. Indeed, the notion of a legitimation crisis helps to illuminate the problem of governmental dishonesty in Latin America. If properly reinterpreted, it enables one to grasp corruption as an endemic threat to the normative identity of the national communities. The concept may describe a situation in which these collectivities must, at the outset, transition from an instrumental to a reflexive construction of legitimacy norms, such as autonomy, legality, and equality, in order effectively to regenerate a corrupt bureaucracy and, thereafter, struggle to recognize themselves after the changeover. Accordingly, one should not respond to the challenge exclusively in a technical manner, such as with the enactment of tougher laws or with the implementation of more drastic enforcement mechanisms. Nor should one take a merely motivational approach, in the sense of U.S. psychologist David McClelland, rather than that of Habermas. In other words, one should not solely seek to change the attitude or the prevailing professional culture in civil service. Instead, Latin American societies must embark upon an unlikely radical crusade to transform the way in which they understand themselves, particularly the premises of their social integration. Against all odds, they must genuinely commit to and identify with democracy, the rule of law, and solidarity.


2021 ◽  
Vol 34 (1) ◽  
pp. 1-17
Author(s):  
Olivia Hernandez-Pozas ◽  
Maria Jose Murcia ◽  
Enrique Ogliastri ◽  
Miguel R. Olivas-Lujan

PurposeThis article introduces readers to the Special Issue (SI, 34-1) of ARLA, edited (not exclusively) with the best papers of the Academy of Management's Specialized Conference, scheduled for April 2020 in Mexico City. The COVID-19 pandemic forced its cancellation, but the expert peer review and editorial work continued, to contribute to the emerging literature on Latin American Management and Sustainability.Design/methodology/approachGuest editors contributed their expertise based on required editorial processes and focused literature reviews on Management and Sustainability.FindingsThere are large management and sustainability challenges to Latin American practitioners and researchers, resulting in an increasingly urgent need to systematically document similarities and differences in the fields of Management and Sustainability. It is so because the region has been affected as few others before, during and after the pandemic. Thus, this issue summarizes the literature, presents eight new studies and offers suggestions for future research.Research limitations/implicationsManagement and sustainability in Latin America are wide subjects, with different dimensions and issues. This is a specific contribution that leaves much ground to be covered in the different subfields of the area, in research methodologies and conclusions.Originality/valueAn agenda for advancing the field of management and sustainability in Latin America, highlighted by the COVID-19 disruption; additionally, eight of the most advanced research in the field are presented, chosen from two tracks of a large number of contributions to a recent specialized conference organized by the Academy of Management.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Pablo Farías ◽  
Luis Torres

PurposeThis paper explores which market and product category characteristics could influence the use of foreign language brand names (i.e. whether a brand uses a foreign language versus local language brand name) in some of the largest Latin American countries.Design/methodology/approachHypotheses are tested using 880 brands from 39 product categories and nine Latin American markets using a hierarchical logistic regression.FindingsResults revealed that foreign language brand names are more likely to be used in product categories related to local infrastructure, high-tech and global community. In contrast, local language brand names are more likely to be used in product categories associated to subscriptions. Findings also suggest that Hofstede's national cultural dimensions are significant factors. Finally, the results revealed that foreign language brand names are more likely to be used in markets with a low level of foreign language proficiency.Originality/valueThis paper shows the importance of considering market and product category characteristics and their potential influence on local versus foreign language branding in Latin America – an ignored issue in previous research.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Uchechukwu Nwoke ◽  
Ibenaku Harford Onoh

Purpose The purpose of this paper is to critically analyse the correlation between the rule of law and the efficient functioning of capital markets. It attempts to examine the Nigerian capital market and how the rule of law can be used to prevent fraud and promote the proper functioning of the market. Design/methodology/approach The paper adopts the doctrinal approach through a critical evaluation of concepts. Using existing literature in the subject area, it evaluates the inter-connectedness between law and the capital market and how the rule of law is an important instrument in capital market development. Findings The paper finds that there have been numerous infractions of the rule of law by capital market actors, leading to stultification in the growth and development of this sector of the Nigerian economy. Originality/value The paper offers a fresh insight into the correlation between the rule of law and capital markets. By critically assessing the inter-connectivity between the two concepts, it extends the body of knowledge in this area by showing how the operations of the Nigerian capital market could be improved through the proper application of the rule of law.


Sign in / Sign up

Export Citation Format

Share Document