Advertise On EU-Digest

Annual Advertising Rates

11/18/19

Latin America - Going Down The Tubes: Unequal and irate, Latin America is coming apart at the seams

Latin America, which a decade ago harnessed a commodities boom to pull millions out of poverty and offer what many saw as a model of modernization, is in revolt. It’s not another pink tide, nor is it a lurch to the right; the movement is more a nonspecific, down-with-the-system rage. Furious commuters are looting cities, governments are on the run, and investors are unloading assets as fast as they can.

With almost three dozen countries and more than 600 million inhabitants, Latin America defies easy generalization, which makes it difficult to predict what will come next. A few weeks ago, Evo Morales, the longstanding president of Bolivia, seemed headed for reelection. Today, he and his top aides are in exile in Mexico while some in his country have taken to the streets again to protest what they say was the military coup that removed him.

In that sense, there are parallels with the Arab Spring, which began in 2010, and the collapse of the Soviet Union two decades earlier. Both were unforeseen and moved in surprising directions, yet they offer lessons in retrospect. “There were a lot of cracks, but no one saw it coming,” says Javier Corrales, a professor of political science at Amherst College in Massachusetts, of events in Bolivia and across the region.

Read more at: Unequal and irate, Latin America is coming apart at the seams

No comments: