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Modern Latin America (1945 to Present)
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Mexico 1940-1980 “The Mexican Miracle” (period of economic growth) 1946 Institutional Revolutionary Party (PRI) = authoritarian govt. 1960’s social inequality 1982 Economic Crisis PRI begins political decline 1994 NAFTA signed 1994 December Economic Crisis (U.S. sends aide) 1997 non-PRI party wins control of congress 2000 Democratization (Vicente Fox elected first non- PRI president) 2006 Felipe Calderon wins 2000’s Mexico Drug Wars Today: Still a Democracy GDP (PPP) rank = 11 th
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Additional Information on Mexico http://www.countryreports.org/country/Mexi co.htm http://www.countryreports.org/country/Mexi co.htm
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1945 dictator removed by army 1945-1964 democracy & economic boom 1964 military coup est. dictatorship 1964-1980 Brazilian Miracle 1985 elections = democracy returns Brazil 1990’s free market reforms 1998 economic crisis & recession 2000’s political stability #1 economy in Latin America Today: Still a democracy GDP (PPP) rank = 7 th
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A Different Look at Brazil Brazil is the strongest economy in Latin America and is currently a democracy This link will take you to an explanation of the military rule in Brazil after the Revolution of 1964 and the problems that occurred AFTER military rule was ended http://www.capital-flow- analysis.com/investment-tutorial/case_1c.html http://www.capital-flow- analysis.com/investment-tutorial/case_1c.html This link gives you information on Brazil http://www.countryreports.org/country/Brazil.ht m http://www.countryreports.org/country/Brazil.ht m
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1943 military coup = dictatorship 1946 Juan Peron chosen as leader (wife is Eva Peron) 1955 military coup overthrows Peron 1960’s political turmoil & violence 1973 Juan Peron elected president 1976 military coup 1976-1983 Dirty War Argentina 1982 Invasion of Falkland Islands 1983 free elections 1990’s-2000’s democracy 1999-2003 economic recession 2003-Present economic growth and democracy GDP (PPP) rank = 21 st
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An Additional Look at Argentina Argentina is still a democracy today This link will take you do a History Channel website on the rule of Juan Peron. http://www.history.com/this-day-in- history/peron-deposed-in-argentina http://www.history.com/this-day-in- history/peron-deposed-in-argentina
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Chile 1940’s-1960’s = model for stable democracy in region 1970 Salvador Allende elected president = economic decline 1973 military coup; Allende killed; Augusto Pinochet becomes ruthless dictator 1980’s economy improves 1988 plebiscite held; choose democracy Patricio Aylwin Azocar president; Pinochet military leader 1990’s economic prosperity (1 st in region) 2000’s growing & stable economy 2006 Pinochet dies Today: Still a democracy; Pinochet’s abuses looked at GDP (PPP) rank = 43 rd
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Country Facts on Chile Currently a democracy http://www.countryreports.org/country/Chile.htm http://www.countryreports.org/country/Chile.htm
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Cuba 1960’s = Cuba aides communist revolutions 1960’s-1980’s = economic and social problems 1990’s = economic reforms 2008 = Fidel Castro steps down; Raul Castro becomes president Today: Still a Communist nation 1944 = Batista loses re-election 1952 = bloodless coup; Batista dictator 1956 = Cuban Revolution; Fidel Castro dictator GDP (PPP) rank = 63 rd 1940 = free elections; Fulgencio Batista president Cold War Battleground: 1961 = Bay of Pigs Invasion 1962 = Cuban Missile Crisis 1962-63 = U.S. trade/travel embargo
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Country Facts on Cuba Additional information on Cuba http://www.countryreports.org/country/Cuba.htm http://www.countryreports.org/country/Cuba.htm
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Latin America Today (in general) For the most part, Latin American countries today have democracies Cuba is still a communist country Brazil is the strongest economic power The Central American and Caribbean countries are far poorer than the South American countries are
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