Security and narcotrafficking challenges remain. Nationalism in Venezuela is on the rise. Once emerging economies, such as in Argentina, are threatened. Regional power Brazil is facing a stagnant economy and a real need for reform.
Kara L. Bue is a partner at Armitage International L.C. She served as deputy assistant secretary of State for Political-Military Affairs from 2003 to 2005 and as a member of the Romney for President National Security Directorate in 2012.