Latin America's Bad Habits

The Washington Times (Washington, DC), May 8, 2008 | Go to article overview

Latin America's Bad Habits


Byline: Carlos Sabino, SPECIAL TO THE WASHINGTON TIMES

GUATEMALA CITY. - After 60 years in power, Paraguay's ruling Colorado Party was pushed aside April 20 by a charismatic former Catholic bishop promising economic and political reform and power to the people.

The election of Fernando Lugo as Paraguay's new president was hailed by an official of America's left-leaning Center for Economic and Policy Research as a sign of the "deep and irreversible... changes sweeping Latin America"

But "change" doesn't always mean change for the better. And only time will tell whether Mr. Lugo will pursue an independent new course that improves conditions in the poverty-stricken nation of 6.5 million, or follow other recent populist politicians who, in the name of change, have curbed individual liberties and strangled their economies.

Paraguay is, importantly, different. Bolivia, Ecuador, Nicaragua and Venezuela, other countries led by populist politicians who promised change, could afford to make mistakes. Their economies are propped up by valuable commodities and natural resources: tin, zinc, oil and natural gas in Bolivia; oil in Ecuador; coffee and gold in Nicaragua; and bauxite and oil in Venezuela. Paraguay enjoys no such riches.

None of this is new. If there's one constant in Latin America it may be this: For every step forward - politically and economically - there's an equivalent step back. How else can one explain the never-ending roller-coaster many Latin American countries seem to ride? Bursts of freedom, energy and progress, followed by periods of inexplicable resentment, regret and regression.

Venezuela and its copy-cat states are not alone on this ride. In Argentina, the government, forever insatiable, has taken advantage of high soy prices by raising taxes on exporters to as much as 44 percent. If you want to kill soy exports that's how to do it.

For five years, Latin American economies have enjoyed a bonanza. The export of raw materials, the region's principal source of hard currency, has increased to meet a growing world demand that, in turn, has fueled higher prices. China's booming economy and the awakening of India, along with the weakness of the dollar, have made the prices of oil, minerals and agricultural products rise almost constantly, often to levels never before reached. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Latin America's Bad Habits
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.