Spanky |
04-21-2005 03:07 PM |
I think I am going to check this out. The guy has an interesting thesis:
The failure of Latin America's reforms of the 1990s has led to a backlash that has brought leftist governments to power in a growing number of countries in the region. But because today's would-be reformers share the same misunderstandings as yesterday's reformers, their policies risk keeping millions of Latin Americans in poverty even longer.
The policies of the 1990s failed not because they were "too much, too soon," but because they did not challenge fundamentally the institutional framework that has kept the region shackled for so long. For example, although many countries curbed inflation, they imposed regressive taxes on the poor; they replaced state monopolies with government-sanctioned private monopolies; and they failed to make their judicial systems independent of political influence.
Thus, as celebrated Latin American writer/journalist and Independent Institute Senior Fellow Alvaro Vargas Llosa wrote recently in THE NEW YORK TIMES: "Unless Latin America's leftist governments are willing to deepen reform, the continent is unlikely to break free of its recurring cycle of economic stagnation and political disillusionment."
To shed light on the causes of, and cures for, Latin America'a chronic malaise, the Independent Institute is pleased to host Alvaro Vargas Llosa on "Liberty for Latin America: How to Undo 500 Years of State Oppression," based on his new book of the same title. http://www.independent.org/events/de...sp?eventID=109
This very timely forum will be held on Tuesday, May 3, 2005, at the Independent Institute Conference Center in Oakland, California. A reception begins at 6:30 p.m., and the program will start at 7:00 p.m. and conclude at approximately 8:30 p.m.
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