Archive for the ‘Americas’ Category

29
Oct

Argentine Government Pays Tribute to Former President Kirchner

Written on October 29, 2010 by Administrador de IE Blogs in Americas, Democracy & Human Rights, News

21
Oct

by Riordan Roett (Professor at IE school of Arts and Humanities)

Latin America is deeply divided in terms of development models.  Countries that experienced social and economic crises in the last twenty years have chosen to ignore globalization and opt for inward looking and, ultimately, costly approaches to development.  That collection of “misguided” regime on the Left include Venezuela, Ecuador, Bolivia and Argentina, among others.  The countries that have chosen to undertake a careful, sequenced approach to economic – and social – development are benefitting from a decade or so of good governance.  These countries are best exemplified by Brazil, Chile, Colombia, Peru, and Uruguay.

The states on the misguided Left first experienced a brief period of programs that attempted to address the growing challenges of productivity and competitiveness.  The governments that attempted to implement these programs ultimately failed and were forced from power or were defeated at the ballot box.  The future for this group of countries is unpromising.  Foreign Direct Investment (FDI) is low or practically nonexistent.  These have done little to add value to their traditional exports.  Human capital development has suffered.  And the political leaders of these countries practice a bombastic populist style of government that chooses to ignore the realities of globalization…

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