“Changes in relationships can be hard to take. The economic bond between Latin America and Spain, its biggest former colonial power, is shifting as the region’s economies mature. Despite some ruffled feathers, the evolution is positive.  After two decades in which Spain amassed assets worth €145 billion ($200 billion) in Latin America, last year was the first in which Latin American companies spent more on acquiring their Spanish counterparts than the other way around.”

Seth Dixon‘s insight:

I am hesitant to use the term post-colonial since there are theoretical constructs that use that term to embody cultural hegemonic power structures.  I’m simply using it to mean “after colonialism” because the power paradigm is shifting to the former colonies. 

TagsLatin AmericaSouth America. economic, development, Spain, historical, colonialism.

See on www.economist.com