Latin America and Washington Consensus

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Difference between Latin America and Washington Consensus

Latin America vs. Washington Consensus

Latin America is a group of countries and dependencies in the Western Hemisphere where Spanish, French and Portuguese are spoken; it is broader than the terms Ibero-America or Hispanic America. The Washington Consensus is a set of 10 economic policy prescriptions considered to constitute the "standard" reform package promoted for crisis-wracked developing countries by Washington, D.C.–based institutions such as the International Monetary Fund (IMF), World Bank and United States Department of the Treasury.

Afro-Latin Americans

Afro-Latin Americans or Black Latin Americans refers to Latin American people of significant African ancestry.

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Argentina

Argentina, officially the Argentine Republic (República Argentina), is a federal republic located mostly in the southern half of South America.

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Chile

Chile, officially the Republic of Chile, is a South American country occupying a long, narrow strip of land between the Andes to the east and the Pacific Ocean to the west.

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Cristina Fernández de Kirchner

Cristina Elisabet Fernández de Kirchner (born 19 February 1953), sometimes referred to by her initials CFK, is an Argentine lawyer and politician, who served as President of Argentina from 2007 to 2015.

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Dani Rodrik

Dani Rodrik (born August 14, 1957) is a Turkish economist and Ford Foundation Professor of International Political Economy at the John F. Kennedy School of Government at Harvard University.

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Dilma Rousseff

Dilma Vana Rousseff (often known mononymously as Dilma; born 14 December 1947) is a Brazilian economist and politician who served as the 36th President of Brazil, holding the position from 2011 until her impeachment and removal from office on 31 August 2016, becoming the first democratically-elected female President in the world to be impeached and removed.

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Dominican Republic–Central America Free Trade Agreement

The Dominican Republic–Central America Free Trade Agreement (CAFTA-DR) is a free trade agreement (legally a treaty under international law, but not under U.S. law).

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Ecuador

Ecuador (Ikwadur), officially the Republic of Ecuador (República del Ecuador, which literally translates as "Republic of the Equator"; Ikwadur Ripuwlika), is a representative democratic republic in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean to the west.

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El Salvador

El Salvador, officially the Republic of El Salvador (República de El Salvador, literally "Republic of The Savior"), is the smallest and the most densely populated country in Central America.

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Evo Morales

Juan Evo Morales Ayma (born October 26, 1959), popularly known as Evo, is a Bolivian politician and cocalero activist who has served as President of Bolivia since 2006.

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Fidel Castro

Fidel Alejandro Castro Ruz (August 13, 1926 – November 25, 2016) was a Cuban communist revolutionary and politician who governed the Republic of Cuba as Prime Minister from 1959 to 1976 and then as President from 1976 to 2008.

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Gross domestic product

Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly) of time.

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Hugo Chávez

Hugo Rafael Chávez Frías (28 July 1954 – 5 March 2013) was a Venezuelan politician who was President of Venezuela from 1999 to 2013.

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Indigenous peoples of the Americas

The indigenous peoples of the Americas are the pre-Columbian peoples of the Americas and their descendants. Although some indigenous peoples of the Americas were traditionally hunter-gatherers—and many, especially in the Amazon basin, still are—many groups practiced aquaculture and agriculture. The impact of their agricultural endowment to the world is a testament to their time and work in reshaping and cultivating the flora indigenous to the Americas. Although some societies depended heavily on agriculture, others practiced a mix of farming, hunting and gathering. In some regions the indigenous peoples created monumental architecture, large-scale organized cities, chiefdoms, states and empires. Many parts of the Americas are still populated by indigenous peoples; some countries have sizable populations, especially Belize, Bolivia, Canada, Chile, Ecuador, Greenland, Guatemala, Guyana, Mexico, Panama and Peru. At least a thousand different indigenous languages are spoken in the Americas. Some, such as the Quechuan languages, Aymara, Guaraní, Mayan languages and Nahuatl, count their speakers in millions. Many also maintain aspects of indigenous cultural practices to varying degrees, including religion, social organization and subsistence practices. Like most cultures, over time, cultures specific to many indigenous peoples have evolved to incorporate traditional aspects but also cater to modern needs. Some indigenous peoples still live in relative isolation from Western culture, and a few are still counted as uncontacted peoples.

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International Monetary Fund

The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.

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Joseph Stiglitz

Joseph Eugene Stiglitz (born February 9, 1943) is an American economist and a professor at Columbia University.

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Luiz Inácio Lula da Silva

Luiz Inácio Lula da Silva (born 27 October 1945), popularly known as Lula, is a Brazilian politician and former union leader, who served as the 35th President of Brazil from 2003 to 2011.

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Néstor Kirchner

Néstor Carlos Kirchner (25 February 195027 October 2010) was an Argentine politician who served as President of Argentina from 2003 to 2007 and as Governor of Santa Cruz from 1991 to 2003.

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Neoliberalism

Neoliberalism or neo-liberalism refers primarily to the 20th-century resurgence of 19th-century ideas associated with laissez-faire economic liberalism.

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North American Free Trade Agreement

The North American Free Trade Agreement (NAFTA; Spanish: Tratado de Libre Comercio de América del Norte, TLCAN; French: Accord de libre-échange nord-américain, ALÉNA) is an agreement signed by Canada, Mexico, and the United States, creating a trilateral trade bloc in North America.

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Rafael Correa

Rafael Vicente Correa Delgado (born 6 April 1963) is an Ecuadorian politician and economist who served as President of Ecuador from 2007 to 2017.

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Tabaré Vázquez

Tabaré Ramón Vázquez Rosas (born 17 January 1940) is a Uruguayan politician serving as the 41st and current President of Uruguay since 2015.

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United States Department of the Treasury

The Department of the Treasury (USDT) is an executive department and the treasury of the United States federal government.

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World Bank

The World Bank (Banque mondiale) is an international financial institution that provides loans to countries of the world for capital projects.

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1998–2002 Argentine great depression

The 1998–2002 Argentine Great Depression was an economic depression in Argentina, which began in the third quarter of 1998 and lasted until the second quarter of 2002.

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