Modern Latin America 1945 to Present Mexico GDP

Modern Latin America (1945 to Present)

Mexico GDP (PPP) rank = 11 th • 1994 December Economic Crisis (U. S. sends aide) • 1997 non-PRI party wins control of congress • 2000 Democratization (Vicente Fox elected first non- PRI president) • 2006 Felipe Calderon wins • 2000’s Mexico Drug Wars • Today: Still a Democracy • 1940 -1980 “The Mexican Miracle” (period of economic growth) • 1946 Institutional Revolutionary Party (PRI) = authoritarian govt. • • 1960’s social inequality 1982 Economic Crisis PRI begins political decline 1994 NAFTA signed

Additional Information on Mexico • http: //www. countryreports. org/country/Mexi co. htm

Brazil GDP (PPP) rank = 7 th • 1990’s free market reforms • 1998 economic crisis & recession • 2000’s political stability • #1 economy in Latin America • Today: Still a democracy • 1945 dictator removed by army • 1945 -1964 democracy & economic boom • 1964 military coup est. dictatorship • 1964 -1980 Brazilian Miracle • 1985 elections = democracy returns

A Different Look at Brazil • Brazil is the strongest economy in Latin America and is currently a democracy • This link will take you to an explanation of the military rule in Brazil after the Revolution of 1964 and the problems that occurred AFTER military rule was ended • http: //www. capital-flowanalysis. com/investment-tutorial/case_1 c. html • This link gives you information on Brazil • http: //www. countryreports. org/country/Brazil. ht m

Argentina GDP (PPP) rank = 21 st • 1982 Invasion of Falkland Islands • 1983 free elections • 1990’s-2000’s democracy • 1999 -2003 economic recession • 2003 -Present economic growth and democracy • 1943 military coup = dictatorship • 1946 Juan Peron chosen as leader (wife is Eva Peron) • 1955 military coup overthrows Peron • 1960’s political turmoil & violence • 1973 Juan Peron elected president • 1976 military coup • 1976 -1983 Dirty War

An Additional Look at Argentina • Argentina is still a democracy today • This link will take you do a History Channel website on the rule of Juan Peron. • http: //www. history. com/this-day-inhistory/peron-deposed-in-argentina

Chile • • GDP (PPP) rank = 43 rd 1990’s economic prosperity (1 st in region) 2000’s growing & stable economy 2006 Pinochet dies Today: Still a democracy; Pinochet’s abuses looked at • 1940’s-1960’s = model for stable democracy in region • 1970 Salvador Allende elected president = economic decline • 1973 military coup; Allende killed; Augusto Pinochet becomes ruthless dictator • 1980’s economy improves • 1988 plebiscite held; choose democracy • Patricio Aylwin Azocar president; Pinochet

Country Facts on Chile • Currently a democracy • http: //www. countryreports. org/country/Chile. htm

Cuba Cold War Battleground: 1961 = Bay of Pigs Invasion 1962 = Cuban Missile Crisis 1962 -63 = U. S. trade/travel embargo • 1960’s = Cuba aides communist revolutions • 1960’s-1980’s = economic and social problems • 1990’s = economic reforms • 2008 = Fidel Castro steps down; Raul Castro becomes president • Today: Still a Communist nation GDP (PPP) rank = 63 rd • 1940 = free elections; Fulgencio Batista president • 1944 = Batista loses re-election • 1952 = bloodless coup; Batista dictator • 1956 = Cuban Revolution; Fidel Castro dictator

Country Facts on Cuba • Additional information on Cuba • http: //www. countryreports. org/country/Cuba. htm

Latin America Today (in general) • For the most part, Latin American countries today have democracies • Cuba is still a communist country • Brazil is the strongest economic power • The Central American and Caribbean countries are far poorer than the South American countries are