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1. Argentina’s Race to the Bottom

Author:
Robert F. Noriega and José R. Cárdenas
Publication Date:
03-2013
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Argentina is the poster child for economic dysfunction in the Americas and stands as a cautionary tale of the perils of populist economics. The International Monetary Fund’s recent unprecedented censure of the Argentine government for cooking inflation figures is only the latest installment in a long fall from grace for what was once one of the world’s most productive economies. Moreover, under the presidencies of Néstor and Cristina Fernández de Kirchner, Argentina has alienated traditional allies such as the United States while reorienting its foreign relations toward radical outliers like Venezuela and Iran. US policymakers must continue to hold Argentina accountable for its failures to abide by its obligations to international financial institutions and work to thwart Argentina’s troubling alliances with rogue governments.
Topic:
Foreign Policy, Defense Policy, International Monetary Fund, and Populism
Political Geography:
Argentina, South America, and Latin America

2. Mexico at an Impasse

Author:
Mark Falcoff
Publication Date:
03-2003
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
ecent events elsewhere in Latin America–specifically, an acute political crisis in Venezuela and a groundbreaking election in Brazil–have pushed Mexico off the front pages of American newspapers. Nonetheless, it is worth remembering that Mexico, our closest and most important Latin neighbor, is a major customer for our products and the source of many essential imports, most notably oil and gas. It is also a country with which we have intense cultural and human relations, far more indeed than most Americans realize. Its progress toward becoming an open and more modern society therefore deserves far more attention. President Vicente Fox is nearing the midpoint of a six-year presidential term. The next major marker will be elections in July concerning all the seats in the lower national legislative chamber, all the governorships, and the legislative assemblies in eleven of Mexico’s thirty-two states.[i] These elections inevitably will be interpreted in part as a referendum on Fox’s administration–the first drawn from an opposition party in more than seven decades. At the same time, they will tell us to what degree the ousted Institutional Revolutionary Party (PRI) has managed to reinvent itself and become nationally competitive in a more pluralistic and open environment.
Topic:
Foreign Policy, Defense Policy, Economics, Immigration, and Political Crisis
Political Geography:
South America, Latin America, and Mexico

3. A New Era in Mexico?

Author:
Mark Falcoff
Publication Date:
02-2001
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Last July, Mexico underwent a medium-sized political earthquake—it elected Vicente Fox, candidate of an opposition alliance, to a six-year presidential term. In so doing, it ended seventy-one years of hegemonic rule by the Institutional Revolutionary Party (PRI) and unleashed a host of possibilities for the nation’s future. What are those possibilities, and what do they mean—for Mexico and the United States? The truth is that nobody—not even veteran Mexico-watchers—is quite sure. Fox himself is a man of paradox: His relationship with his own party is ambiguous, to say the least, and the platform on which he ran points both left and right, as do his cabinet appointments. Moreover, Mexico itself, long in the thrall of a kind of benevolent authoritarianism, is new to the art of divided government. While there may be some changes in the relationship with the United States, tensions and conflicts based on history, geography, and the vast asymmetries of wealth are bound to persist.
Topic:
Foreign Policy, Defense Policy, Politics, Authoritarianism, and Elections
Political Geography:
Latin America and Mexico

4. Venezuela’s Tinfoil “Revolution”

Author:
Mark Falcoff
Publication Date:
04-2001
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
After forty years of politics as usual, Venezuela has suddenly become an object of curiosity to the world’s press. The reason is President Hugo Chávez, a forty-six-year-old former lieutenant colonel who first came to the attention of Venezuelans in 1992 when he and a group of other junior officers attempted to overthrow the government of President Carlos Andrés Pérez. Amnestied by Pérez’s successor, Chávez began a political career of his own, and in 1998, running as the candidate of the so-called Fifth Republic Revolutionary Movement (MVR), he was elected by a decisive majority. Two and a half years later, he is still an enigma—to Venezuelans, to the United States, and to everyone else. Given the centrality of his country to the oil producers’ cartel and, even more, given the current dependence of the United States on Venezuelan oil, he merits a closer look.
Topic:
Foreign Policy, Defense Policy, Government, Natural Resources, and Hugo Chavez
Political Geography:
South America, Latin America, and Venezuela

5. Peru: Yet Another Transition

Author:
Mark Falcoff
Publication Date:
03-2001
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Last November Peruvian politics were turned upside down by the revelation that the president’s security chief had been bribing members of congress, other prominent political personalities, and the media. The “smoking gun” was a series of filmed videos actually recording the shady transactions, involving millions of dollars in one of Latin America’s poorest nations. Popular indignation was so great that the president, Alberto Fujimori, diverted a flight to the Asia-Pacific conference in Brunei and went to Tokyo instead, where he precipitously claimed Japanese citizenship and asked for political asylum. At home, one of the strongest political machines in Latin America was dismantled almost overnight. Congress deposed the president, named an interim chief executive and prime minister, and called for new elections on April 8. Thus ends an era in Peruvian politics, one rich in paradox and moral ambiguity. What, one wonders, is next?
Topic:
Foreign Policy, Defense Policy, Corruption, and Politics
Political Geography:
Latin America and Peru

6. Latin Democracy and Its (Increasing) Discontents

Author:
Mark Falcoff
Publication Date:
09-2001
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Though summer is still with us in the northern hemisphere, Latin America languishes deep in the winter of its discontent. Ten years after the international scene was transformed by the collapse of the Soviet Union and the end of the cold war, many Latin Americans have become disillusioned with their role in the new world order. The principal problem is that in spite of vigorous, in some cases drastic, market reforms, most of the region’s economies are in the doldrums. More to the point, in spite of a significant return of foreign investment to the area in the early 1990s, the number of Latin Americans living in poverty has increased. Public services have deteriorated or in some cases even disappeared. And crime is rampant everywhere, even in cities such as Buenos Aires, where until ten years ago inhabitants boasted-with reason-that their streets were safer at 3 a.m. than those of New York or Los Angeles in daytime.
Topic:
Foreign Policy, Defense Policy, Democracy, and Investment
Political Geography:
South America and Latin America

7. Nicaragua on the Brink–of What?

Author:
Mark Falcoff
Publication Date:
10-2001
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
On November 4, Nicaraguans will go to the polls to select a president, vice president, and all sixty-six members of their unicameral congress–an event that on its own merits would hardly deserve much attention on the part of foreign observers. But the drama unfolding in that tiny country is characteristic of many small (and not so small) Latin American countries today: the inability of democracy alone to address effectively some of the fundamental problems of society. Nicaragua also provides some interesting insight into the peculiar pathologies that afflict postrevolutionary states, and as such may provide some light on what we can expect in post-Castro Cuba and even, eventually, in post—Chávez Venezuela.
Topic:
Foreign Policy, Defense Policy, and Democracy
Political Geography:
Cuba, Latin America, and Nicaragua

8. Time to End the Certification Circus

Author:
Mark Falcoff
Publication Date:
04-1997
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
More than a decade ago, the U.S. Congress established a procedure whereby each year the president must “certify” that a given country is cooperating with us in the eradication of drug production and trafficking. Governments that lag behind, show little enthusiasm for our crusade, or are found colluding with narco-lords are subject to sanctions. Those “decertified” are denied foreign assistance, as well as U.S. votes for loans at the international financial institutions. Such countries–or, rather, our investors in their countries–also become ineligible for premiums from the Overseas Private Investment Corporation (OPIC).
Topic:
Foreign Policy, Defense Policy, Narcotics Trafficking, and Drugs
Political Geography:
Latin America and United States of America

9. Arms Sales: An Old Issue Revisited

Author:
Mark Falcoff
Publication Date:
06-1997
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
Is the United States on the verge of pushing the major Latin American countries into a new arms race? Time seems to think so, to judge by a long article in the April 14 issue. Subtitled “the inside story of how the Pentagon and big defense contractors got the President to open the way for weapons sales to Latin America,” Time claims to provide the background to the Clinton administration’s current review of arms transfer policy. In so doing, the article revives an old controversy, namely, what role the United States plays (or should play) in the acquisition (or denial) of expensive military hardware, particularly to countries that lie within its own sphere of influence and, in the opinion of arms control experts, humanitarians, and journalists, “don’t need weapons at all.”
Topic:
Foreign Policy, Defense Policy, Arms Control and Proliferation, and Arms Trade
Political Geography:
Latin America

10. Argentina: Another Round at the Polls

Author:
Mark Falcoff
Publication Date:
10-1997
Content Type:
Special Report
Institution:
American Enterprise Institute for Public Policy Research
Abstract:
This month President Clinton visits Argentina, a major South American country that in recent years has become one of our most valued and trusted Latin allies. His presence there will underscore the special relationship that President Carlos Sal Menem has forged with the United States, a relationship that is a mirror image of Argentina’s historic antagonism toward Washington and all its works. Clinton’s presence will also highlight Argentina’s significant victories in the economic field–in the war against inflation, in the struggle to reestablish creditworthiness, and, above all, in its efforts to attract significant new foreign investment from Western Europe, Japan, and the United States. The visit precedes by about ten days an important midterm election, which in all probability will determine the political lineup for that country’s 1999 presidential election. In this regard, the most important development has been the creation of a multiparty coalition, the Alliance, which will be running joint lists against the candidates of Menem’s own Peronist Party. If the Peronists hold their own on October 26, Menem will be tempted to make a bid for an unprecedented third term. If they are soundly defeated, the struggle for succession within Peronism will begin the morning after. But a victory for the Alliance by no means clearly points the way for the opposition, which is beset by profound divisions of its own. This vagueness makes these elections a particularly interesting lens through which to view Argentina’s continuing evolution.
Topic:
Foreign Policy, Defense Policy, Diplomacy, and Economics
Political Geography:
Argentina and Latin America