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Economic Crises and Political Uncertainties
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15278 |
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Section : |
CURRENT ISSUES
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8 / 1989 |
2,936 Words |
| Author
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Richard C. Schroeder
Richard C. Schroeder is a specialist in Latin American affairs
who contributes to numerous U.S. and foreign newspapers and
magazines. He is a consultant to the Organization of American
States and to the Encyclopedia Americana. |
Until recently, the nations of Latin America seemed resolutely embarked on a march toward the development of democratic institutions, more stable societies, and--in the more optimistic analyses--a resolution of the six-year foreign debt crisis that has wreaked havoc on the region's economies. In the past few months, however, the indications coming out of the vast area to the south of the United States have been inauspicious and, for most specialists in Latin American affairs, downright confusing.
On the positive side, some of Latin America's more important countries have, in recent years, emerged from the dark shadow of military dictatorship and taken steps, however faltering, down the path to democratization. In the past half-decade, military regimes have stepped aside in such nations as Argentina, Brazil, and Uruguay to make room for civilian governments.
Chile took a definitive step toward democracy in October 1988 when the country's electorate voted to end 15 years of harsh rule by military dictator Gen. Augusto Pinochet and the military government vowed to respect the popular will. If all goes according to plan, elections for a new Chilean civilian government will be held at the end of 1989.
In Bolivia, once the hotbed of South American political unrest, a peaceful and orderly presidential election was held in May. True, no candidate received a majority of the vote, and the Bolivian Congress will have to choose a new chief executive in August from among the front-runners; but the way seems open for an unaccustomed peaceful transition from one elected government to another in the formerly volatile Andean
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