The Intelligence from The Economist From a tax to attacks: Colombia’s unrelenting unrest
May 24, 2021
Mariana Palau, The Economist's Colombia correspondent, dives into the ongoing protests in Colombia, sparked by proposed tax reforms and growing public discontent with President Iván Duque. She discusses the resignation of the finance minister and the potential shifts in political power amidst calls for reform. The conversation also touches on the broader socio-political challenges in Latin America and the implications of unrest on the country's future. Additionally, the podcast highlights the unique addressing system in Costa Rica and its economic impacts.
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Dystopian Cali
- Protests in Cali, Colombia's third-largest city, have caused widespread destruction and disruption.
- Protestors block streets, burn transportation stations, and abandon petrol stations, demanding change.
Inequality and Youth Discontent
- Despite Colombia's economic growth, high inequality fuels protests, especially among young people.
- High youth unemployment and lack of opportunities worsen the situation, driving their demands for change.
Duque's Balancing Act
- President Iván Duque acknowledges protesters' needs, offering dialogue and some concessions like free education.
- He also emphasizes the need to act against violence and roadblocks, balancing two opposing forces.