Discussion Questions

  • How did Latin America’s adaptation of economic liberalism differ from its application in Europe and the United States?
  • Import-substitution industrialization appeared to work well in some countries in the decades after World War II. What led to its demise?
  • Evaluate the appeals of Marxist thought in twentieth-century Latin America. Do you think it has any relevance to present-day conditions?
  • What were the main ingredients of the “Washington Consensus,” and why did it have so much influence throughout Latin America during the 1990s?
  • Free trade agreements between Latin American countries and the United States have become increasingly common and increasingly controversial. What explains this paradox?
  • How have Latin American governments confronted problems of poverty and inequality?  What policies have proven to be most effective?