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The balance of power in Latin America is shifting. Large, recently thriving countries like Brazil are struggling, hampered by domestic scandals. The economies of oil-dependent countries like Venezuela and Ecuador are stagnant, while other nations, such as Chile and Mexico, seem poised for growth. Amid this turbulence, countries are striving to reposition themselves. World Policy Journal consulted a panel of experts to help understand what issues are defining countries’ changing roles in the region.

The most pressing problem Latin America faces today is narcotrafficking. As Pope Francis mentioned in his U.N. speech in September, narcotrafficking is accompanied by human trafficking, money laundering, the arms trade, child exploitation, and other forms of corruption. This trade increases violence, with Latin America’s poorest people caught in the middle as the state tries to eliminate drug rings or stop rivalries between cartels.

Moreover, the...

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