Source: Americas Program
In many ways, the first decade of the 21st Century was the flip side of the last decade of the twentieth century in South America. There have been numerous and significant changes. We still don’t know if it’s a glitch in time or a new beginning. In any case, the region will never be the same.
Carlos Menem, Alberto Fujimori, Carlos Andrés Pérez, Fernando Henrique Cardoso, Julio María Sanguinetti, Gonzalo Sánchez de Losada, Hugo Bánzer… The names of the figures who dominated the 90s say it all: it was an era of privatization and deregulation, of the unprecedented shrinking of the state, an intense concentration of wealth and a dramatic increase in the presence of transnational corporations. Calculations made by Brazil, where whole sectors of the economy were privatized, estimate that 30% of the Gross National Product changed hands in these years. “A veritable earthquake,” writes the Brazilian sociologist Francisco de Oliveira[1]. read more