How and why democratic governments in Latin America have
implemented neoliberal developmental policies such as freeing
exchange rates, privatizing state-owned companies, reducing
governmental budget deficits through reduction in size of the
government, reducing tariffs, and encouraging foreign private
investments is discussed in this work. This study follows the
ideological progress of some of the populist leaders and parties
towards democratic neoliberalism. The work examines the topic on
three levels: the national level represented by Colombia, Ecuador,
Bolivia, and Argentina; the subregional level represented by Mexico
and the North American free trade agreements, the Commercial Union
of Brazil, Argentina, and Uruguay; and the hemispheric level
represented by Latin America, the United States, and the IMF.
General
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