Latin America’s Glossed Decade
The Inter-American Development Bank declared last July that this would be “Latin America’s Decade,” an idea subsequently endorsed by The Economist and repeated by countless apologists and experts. But, as in the past, the basis of the current wave of giddiness does not withstand scrutiny.
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SANTIAGO – The Inter-American Development Bank declared last July that this would be “Latin America’s Decade.” A couple of months later, The Economist endorsed that idea, which has since been repeated by countless apologists and experts.