Latin America and the Caribbean

Foreign Affairs Article

The Uneasy Americas

Author: Peter Hakim

Hemispheric relations seem at an all-time high, as democracy and prosperity blossom throughout Latin America. But President Bush still faces potential problems south of the border, from mission creep in Colombia to chaos in Peru, from Chávez in Venezuela to Castro in Cuba. And then there is Mexico, where the first-ever democratically elected president is eager to engage Washington -- on his own terms. Only one thing is certain: Latin America must not be ignored.

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Foreign Affairs Article

Latin America's Underperformance

Author: Sebastian Edwards

The peso crisis was a wake-up call for Latin America. Reformist political leaders realize their support will erode if the economies of the region do not turn around. But building robust economies requires deeper reforms, at a time when the people suffer from acute reform fatigue. For rapid growth with rising real wages, export growth must be higher and value added to exports increase. To foster these, Latin America must address long-neglected weaknesses with a next generation of reforms in education, infrastructure, banking, and the civil service.

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Foreign Affairs Article

Latin America's Crisis of Representation

Author: Jorge Dominguez

Once the land of the unfree and the home of the coup, Latin America now exhibits many of the hallmarks of democracy: free and fair elections, smooth successions, free-market economies, and the birth of political parties. In spite of these recent advances, the region remains haunted by "fracasomania," or an obsession with failure. While Latin America has achieved the broad brushstrokes of democracy, it must confront corruption, protect the rights of indigenous peoples, and distribute wealth more evenly to resolve its crisis of representation.

See more in Latin America and the Caribbean; Democratization