Courtesy Reuters

Is Washington Losing Latin America?

Purchase Article


Relations between the United States and Latin America today are at their lowest point since the end of the Cold War. Many observers in the 1980s had hoped that Latin America's turn toward democracy and market economics, coupled with Washington's waning emphasis on security matters, would lead to closer and more cooperative ties. Indeed, for a time, the Americas seemed to be heading in the right direction: between 1989 and 1995, Central America's brutal wars were largely settled; the Brady debt-relief proposal (named for then U.S. Treasury Secretary Nicholas Brady) helped end Latin America's decade-long, debt-induced recession; the United States, Canada, and Mexico signed the North American Free Trade Agreement (NAFTA); the United States hosted the hemisphere's first summit meeting in more than a generation; and in 1995 a bold Washington-led rescue package helped prevent the collapse of Mexico's economy. But much of this progress has since stalled, with U.S. policy on Latin America drifting without much steam or direction.

After 9/11, Washington effectively lost interest in Latin America. Since then, the attention the United States has paid to the region has been sporadic and narrowly targeted at particularly troubling or urgent situations. Throughout the region, support for Washington's policies has diminished. Few Latin Americans, in or out of government, consider the United States to be a dependable partner. U.S.-Latin American relations have seriously deteriorated -- the result of failures of Washington's leadership, the United States' uncompromising stance on many critical issues, and the unwillingness of the administrations

Log in or register for free to continue reading.

Registered users get access to one free article every month.

Browse Related Articles on {{}}

{{ | number}} Articles Found

  • {{bucket.key_as_string}}