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The Third World Beyond the Cold WarContinuity and Change$
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Louise Fawcett and Yezid Sayigh

Print publication date: 2000

Print ISBN-13: 9780198295518

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198295510.001.0001

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Latin America

Latin America

Collective Responses to New Realities

(p.101) 5 Latin America
The Third World Beyond the Cold War

Jorge Heine

Oxford University Press

Examines the reasons for the remarkable turnaround since the end of the cold war in Latin America's development in economic and political spheres, which has resulted in it becoming the fastest growing region in the world (after East Asia), and in the rejuvenation of its democratic institutions. Various aspects are analysed of: (1) the manner in which liberalization (i.e. economic reform), democratization, and the new security challenges of the 1990s have been handled in the region, (2) the impact that these changes have had on Latin America's social and political structures, and (3) the conditions they have created (or failed to create) to put the region on the road to self‐sustaining economic development and political stability.

Keywords:   cold war, democratization, developing countries, economic growth, economic reform, institutions, Latin America, liberalization, political change, security, stability

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