Now blogging at diego's weblog. See you over there!

latin american backlash against "free markets"


The Economist has an article this week about the perceived backlash in Latin America about free markets. As they say, its it's not that simple. But there is a lot of suspicion for IMF-led policies that have obviously not worked in the past and that many times are geared more to helping banks (US-owned mostly) and target abstract "macroecnomic" goals rather than trying to make better the lives of the people. That's the real problem. Purely macroeconomic approachs just don't work. Time for new ideas.

Categories: personal
Posted by diego on August 19 2002 at 11:19 PM

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