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Will the US "Lose" Latin America?
Project Syndicate ^ | November 7, 2005 | Sebastian

Posted on 11/07/2005 3:01:45 AM PST by RWR8189

On November 4-5, the fourth Summit of the Americas took place in Mar del Plata, Argentina. The heads of state of the hemisphere’s democratic countries met to discuss economic, political, and social issues – and to lose another opportunity to create a new and healthier relationship between the United States and its Latin American neighbors.

Indeed, the Summit amounted to nothing more than an outsized photo opportunity. No important issues were resolved, and no progress was made on the many topics that increasingly divide the countries of Latin America and the US. In particular, no progress was made on the creation of a free-trade area for the region.

This is all the more disappointing, given that the region’s leaders declared more than a decade ago, during the first Summit of the Americas, held in Miami in December 1994, that free-trade negotiations would be “concluded no later than 2005.” At the center of the failure to make headway on the creation of the Free Trade Area of the Americas (FTAA) is America’s unwillingness, and that of the Bush administration, to open up its agricultural sector to competition from countries such as Argentina, Brazil, and Uruguay.

True, the US is not the worst offender in the world when it comes to farm protectionism; the European Union’s trade distortions are significantly more pervasive. But it is also true that if the US wants to improve relations with its neighbors to the south, America should make significant bilateral trade concessions to the Latin American countries. In the absence of US leadership in matters of international trade, the majority of Latin American countries will not open their economies further to foreign competition, and some may even return to increased protectionism.

Unfortunately, the lack of progress on trade-related issues is not the only burden on relations between the US and Latin America. There are also serious diplomatic and political problems.

Very few Latin American countries support the Iraq war; indeed, only a handful of small countries in the region contributed troops to the so-called “coalition of the willing,” and today only El Salvador still has its troops in Iraq. More broadly, most Latin American governments are increasingly critical of the Bush administration’s foreign policy, and they are unlikely to support major initiatives in international forums, including in the United Nations.

Moreover, a growing number of Latin American countries are veering left, and Hugo Chávez, the belligerent and anti-American Venezuelan president, is becoming increasingly popular in every Latin American country. Voters across Latin America are becoming skeptical of market-oriented policies and globalization, making it more likely that in coming years, and under new leadership, economic policies in the region will be less friendly to foreign investment in general, and to US economic interests in particular.

It is not too late for the US to regain its political and diplomatic influence in Latin America. But improving relations with its neighbors to the South will require making commitments at several levels.

Three commitments are particularly important. First, US agricultural protectionism should be reduced. Second, immigration reform in the US should be enacted in a way that protects the rights of Latino migrants. And, third, the US should support the demands of Latin American countries for a greater say in international institutions such as the World Bank and the International Monetary Fund.

These initiatives will give the signal to Latin American leaders that, despite appearances to the contrary – including the latest Summit of the Americas – the region has not been completely neglected by President Bush and the US.

Sebastian Edwards, a Professor of Economics at UCLA’s Anderson Graduate School of Management, was the World Bank’s Chief Economist for Latin America from 1993-96.


TOPICS: Business/Economy; Editorial; Foreign Affairs; Government; News/Current Events
KEYWORDS: cafta; castro; centralamerica; chavez; fidelcastro; foreignpolicy; freetrade; ftaa; hugochavez; latinamerica; nafta; southamerica; summitoftheamericas; venezuela

1 posted on 11/07/2005 3:01:46 AM PST by RWR8189
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To: RWR8189
>> Will the US "Lose" Latin America?

We should be so lucky. The headline should read "Will the US "Import" all of Latin America?

Let them deal with the chicoms, just build a big ass wall and stop their populations from fleeing north as their economies again collapse.
2 posted on 11/07/2005 3:23:11 AM PST by mmercier (deliver me from the thought that pulled the trigger)
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To: RWR8189

Well, you had Chevez posturing, some soccer player making a complete fool of himself, WSJ saying the President could have spent his time better if he'd gone to Iraq, and the usual mob of anti-Global anarchists. I'd say this ought to be the last Pan American Summit. If W wants to meet with any of these clowns, he should invite them to Washington.


3 posted on 11/07/2005 3:55:23 AM PST by cloud8
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To: All

ON THE NET...

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4 posted on 11/07/2005 4:00:18 AM PST by Cindy
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To: RWR8189
Will the US "Lose" Latin America?

That would be a problem, why?

5 posted on 11/07/2005 4:41:16 AM PST by mtbopfuyn (Legality does not dictate morality... Lavin)
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To: RWR8189

I'm more concerned with losing the country through illegal immigration.


6 posted on 11/07/2005 4:44:14 AM PST by ncountylee (Dead terrorists smell like victory)
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To: RWR8189
After watching Hugo's speech the other night, I don't think I've ever seen a group of more ungrateful people in my life. If the US disappeared tomorrow, they'd sink into total chaos.
7 posted on 11/07/2005 4:57:26 AM PST by wolfcreek
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To: RWR8189

We cam always hope.


8 posted on 11/07/2005 5:23:12 AM PST by R.W.Ratikal
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To: RWR8189

At least once during his term of office, every American President must go to Latin America and have his limo pelted by the rabble there. (I think it says that in the Constitution.)

The rabble, once they are finished with raving deleriously and covering themselves with their own sh*t, symbolic or real, go home, sober up, and resume packing so they can join Cousin Paco for Chrismas in USA.

No one has ever been able to expain what, if anything, this curious ritual signifies.


9 posted on 11/07/2005 5:31:46 AM PST by NaughtiusMaximus ("When it comes to a wife, give me a woman every time." - The Horse's Mouth)
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To: RWR8189
In particular, no progress was made on the creation of a free-trade area for the region.

And this is a loss for Americans and a win for Latin Americans?

10 posted on 11/07/2005 6:32:49 AM PST by Mike Darancette (Mesocons for Rice '08)
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