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Latin Lessons: How South America Stopped Listening to the United States and Started Prospering

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The mistakes the United States has made in Latin America-and the high price it will pay for them

Could it be that for the first time in history, the United States needs Latin America more than the other way round? Since the early 1800s, the United States regarded the region as its "backyard," but in the past decade South America's leaders have increasingly snubbed US efforts to persuade them to adopt free-market economics and sign trade agreements. While Washington has been distracted by mi...