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Latin America: February 2003

Good-Bye to the Washington Consensus?

By: James E. Mahon, Jr.

Description: "Latin Americans might have expected, after following the free-market economic policies of the 'Washington consensus' for a dozen years, that the region would have begun to savor the fruits of openness. But with some exceptions-notably Chile, Costa Rica, and much of Mexico-the fruit has turned out to be bitter, as economic openness appears to have accelerated social disintegration."

Volume: 102
Issue: 661
Page: 58

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