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Considering how long they had right wing governments that is doubtful.
It wasn't whether the governments were right or left. What brought South America economic growth relatively recently was the commodities boom from 2002 - 2014. Also the global financial crash of 2007 meant that South America especially became an attractive place to invest instead of Europe or the US so Foreign Direct Investment added to that prosperity. This would've happened in a general sense whether or not there was a right or left wing government in power.
Where governments differ is what they use the revenue from these commodities on. Corruption exists in all political affiliations, hence why many Colombians conscientious of this have recently become very optimistic because despite Fajardo and the Colombian coalition just losing out on the presidential race over the weekend it has shown that the tendency has been towards an independent, non-corrupted, non-populist, non-violent movement that has no affiliation or owe any favours to the corrupted establishment of traditional government parties/machinery.
In 4 years maybe, just maybe this dignified movement will finally govern Colombia.
For those that understand Spanish here's an insightful review that highlight a new more mature political atmosphere in Colombia based on critical thought instead of populism.
Last edited by Pueblofuerte; 05-30-2018 at 01:52 PM..
Immigration from Argentina to Bolivia instead of the opposite... inflation over 40% in Argentina so far this year... negative growth... oh my god, the amount of nonsense written in relatively few words... you gotta bring some evidence here for such statements
Anyway, we have our indispensable deluded lefty poster, and considering the tone of his/her assertions, it seems to be useless to try to exchange any information and points of view...
It's a pity, he/she may learn a bit of how Argentina was in the path of becoming other Venezuela until 2015, and how hard it has been since then to try to straighten the road.
If anyone is interested (definitely not naners), in the graph from the link below you can see how the legal immigration (radicación) from Bolivia to Argentina has been relatively stable for the last 11 years. https://www.lanacion.com.ar/2109831-...entina-por-ano
You are so badly misinformed, it's ridiculous. It shows your simplistic mind at work.
As for Venezuela, did you know that there are over 6.5 million Colombians living in Venezuela right now, who do not plan to go back to Colombia, and have made Venezuela their home no matter what?
Here is my proof of the state of affairs in Argentina
You are so badly misinformed, it's ridiculous. It shows your simplistic mind at work.
As for Venezuela, did you know that there are over 6.5 million Colombians living in Venezuela right now, who do not plan to go back to Colombia, and have made Venezuela their home no matter what?
That's a populist argument invented by the Chavistas. There aren't even 6.5 million Colombians out of the country let alone in Venezuela.
The Chavista government has constantly inflated that number each time. First it was 3 million then it was 4 million, then 5 million, then 5.6 million, then 6 million+. With each Aló Presidente and media report the number kept on rising, real stats in Venezuela mean nothing.
According to the Colombian government there were 721,791 registered Colombians as of 2015 in Venezuela. Estimates including those non-registered reach 1.5 million. Now if we were to say Venezuelans whereby at least one grandparent is Colombian then its not exaggerated to assume that that figure could be around 5 million like what happens with the Irish in the UK.
A huge number of Venezuelans have reclaimed their Colombian citizenship in order to move to Colombia. As these people go into the country with Colombian documentation, they aren't included in the number of arrivals.
As for Argentinians in Bolivia, there has been a jump in arrivals, mainly entrepreneurial, due to high economic growth.
However, Ecuador is facing a bit of a mini existential crisis at the moment. It was in recession in 2016 and has been volatile with low to stagnant growth since then. Cost of living and unemployment has also shot up.
These unexpected downturns can happen in the best of the capitalist countries. Let's not forget the devastating Great Recession we're still climbing out of right here in the U.S.!
Generally speaking, recessions come along every 7-8 years and let's see how this capitalist country survives the next one!
What Ecuador and Bolivia did right, as opposed to Venezuela, is that they didn't nationalize their industries. Bolivia: We'll work with you, the U.S. corporations, but you're not going to take 80% of your profits out of the country anymore. Those days are over! Not happy with 30-40% profits, go elsewhere!
It doesn’t appear that the opposition in Venezuela is strong enough to turn Madura out of office. Should they make their peace with him to keep things from getting worse? Should the United States throw a lifeline to Venezuela even if it makes Madura stronger?
NO! Enough is enough! Let the world wallow in their own filth!
These unexpected downturns can happen in the best of the capitalist countries. Let's not forget the devastating Great Recession we're still climbing out of right here in the U.S.!
What Ecuador and Bolivia did right, as opposed to Venezuela, is that they didn't nationalize their industries. Bolivia: We'll work with you, the U.S. corporations, but you're not going to take 80% of your profits out of the country anymore. Those days are over! Not happy with 30-40% profits, go elsewhere!
Exactly, you're right. However, in a South American context they're still two of the poorer countries on the continent. Sometimes large (& varied) foreign investment attracts a certain dynamism that permeates through the society and encourages innovation. On the other hand social policies are indeed crucial that capitalist countries often neglect. A balance is important, I feel that no country in South America has struck that balance yet, the closest being Uruguay and perhaps Chile although they too have a high Gini.
Where governments differ is what they use the revenue from these commodities on. Corruption exists in all political affiliations, hence why many Colombians conscientious of this have recently become very optimistic because despite Fajardo and the Colombian coalition just losing out on the
It's a shame Fajardo lost out. But if Petro wins then I doubt four years will be enough to recover from that.
Quote:
Originally Posted by tijlover
These unexpected downturns can happen in the best of the capitalist countries. Let's not forget the devastating Great Recession we're still climbing out of right here in the U.S.
Apples and oranges. Devastating in the U.S. does not mean the same thing as devastating in other countries.
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