February 19, 2016
On Friday, February 19, the Global Energy Center and the Adrienne Arsht Latin America Center hosted a discussion on the impact of low oil prices on economic and political stability in Latin America. The collapse in crude oil prices since mid-2014 has shaken the foundation of global energy markets, with far-reaching economic implications in Latin America. Today, governments across the region face fiscal constraints, market upheaval, challenges to longstanding fuel subsidy programs, and lagging economic growth. Some are adapting creatively, while others are not. With this volatile landscape as a backdrop, our distinguished panelists addressed the following questions and more:

• What impact have low oil prices had on macroeconomic trends in Latin America? Which countries are best positioned to weather the current price environment?
• To what degree have oil prices impacted the fiscal position of key Latin American producers? How are fiscal constraints influencing government policies in the region?
• How is the current price environment impacting the oil production outlook in Mexico, Brazil, Colombia, Argentina and Venezuela? How have upstream investment trends in the region changed in the face of falling prices?

View a webcast of the event below: