Latin America Banks on Independence

The new Bank of the South shatters neoliberal economics

By Mark Engler

In the closing weeks of 2007, a region in revolt against the economics of corporate globalization issued its most unified declaration of independence to date. On Dec. 9, standing before the flags of their countries, the presidents of Argentina, Bolivia, Brazil, Ecuador, Paraguay and Venezuela, along with [RETURN TO ARTICLE]

  • Reader Comments

     Page 1 of 1 pages

    The noise a chain makes when breaking is always welcome. The IMF has been strangling Latin America without mercy, with USA’s tacit approval for decades, with the complicity of local corrupt governments, and military dictatorships which always counted on USA’s approval, no matter how murderous they were. I think we deserved better and hope this is a step towards freedom.

    Costa Rica Posted by Maria on Jan 23, 2008 at 8:11 AM

    Wow, these are heady times.  That the IMF as well as the World Bank are losing influence are clearly great things.

    United States Posted by Unsean on Jan 24, 2008 at 9:51 AM
     Page 1 of 1 pages

  • register a new account »Posting Security

    To participate in our forums, please register for a free account.
     

    Retreive lost password »