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Slate News

Latin America’s Lost Decade

Slate News

Slate Podcasts

News, Politics, News Commentary

4.56K Ratings

🗓️ 19 January 2023

⏱️ 27 minutes

🧾️ Download transcript

Summary

In the early 2000s, economic growth exploded in South America—and the citizens of Brazil, Peru, Chile and elsewhere enjoyed increasing prosperity. But over the last decade, the churn of the world economy has made it hard for leaders across the region to meet their people’s raised expectations. 


Guest: Brian Winter, editor-in-chief of Americas Quarterly, former foreign correspondent for Reuters in Brazil, Argentina, and Mexico.


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Transcript

Click on a timestamp to play from that location

0:00.0

Brian Winter calls himself an optimist when it comes to Latin America.

0:11.4

He's covered the region for decades.

0:13.9

These days, he's editor of America's Quarterly.

0:17.2

But after the first few weeks of 2023, I am struggling with that optimism because I worry

0:22.8

sometimes that I hear myself talk about the two thousands and it almost sounds like an

0:29.1

aging rock band playing its greatest hits.

0:32.3

You're like those are the good old days.

0:34.2

Exactly.

0:35.2

No, it sounds like you're sitting on your front porch rocking chair waxing philosophical

0:38.8

about when times were good.

0:41.0

Back in the early 2000s, when Brian was living first in Argentina, then Brazil, people were

0:47.2

talking about the Latin American decade.

0:50.9

Local economies were booed by commodities prices and local political races were getting

0:55.9

more democratic.

0:57.3

Now, Brian looks at the region and sees anti-government protests getting violent in both Peru and

1:04.0

Brazil.

1:05.2

In Chile, voters are duking it out over a new constitution and polls reveal democracy

1:11.2

is taking a beating.

1:13.3

If you've told Brian two decades ago that hundreds of people would storm Brazil's capital, entering

1:19.1

Congress, the Supreme Court and the presidential palace, the way they did on January 8th, he

1:24.7

might not have believed you.

1:26.2

I started getting WhatsApp messages that preferred Brazilian form of communication.

...

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