A Brave New World: Debt, Default and Democracy in Latin America

1986 ◽  
Vol 28 (2) ◽  
pp. 17-38
Author(s):  
F. Joseph Demetrius ◽  
Edward J. Tregurtha ◽  
Scott B. MacDonald
Keyword(s):  
Latin America ◽  
Latin American ◽  
New World ◽  
Foreign Debt ◽  
Contract Law ◽  
Debt Relief ◽  
Fundamental Change ◽  
Debt Default ◽  
Brave New World ◽  
Political Realities

Plunging Petroleum Prices have elevated Mexico into the position of de facto leadership of Latin American, and perhaps of other, debtor nations in their negotiations with international creditors. Once regarded as a model debtor, Mexico has emerged as forceful spokesman for debt relief. Although Mexican authorities often couch their statements concerning foreign debt repayments in conciliatory, and even contradictory, terms, the underlying fact is that Mexico's demand for some debt relief is tantamount to an unspoken repudiation of a portion of its $96 billion foreign debt. If Mexico, the world's second largest debtor, succeeds in wresting debt relief from its lenders, then it must be recognized that debtor-creditor relationships have undergone a fundamental change: political realities, not contract law, ultimately determine how debt is to be repaid, if at all. Mexico, more by circumstance than by choice, has led debtors and creditors alike into a brave new world.

Language as a Key to Latin American Historiography

1955 ◽  
Vol 11 (4) ◽  
pp. 517-539
Author(s):  
Richard M. Morse
Keyword(s):  
Latin America ◽  
Latin American ◽  
New World ◽  
Old World ◽  
History Of

Latin americanists have in recent years become increasingly concerned with constructing the basis for a unified history of Latin America. Frequently this enterprise leads them to contemplate the even larger design of a history of the Americas. While the New World may still be, in Hegel’s words, “a land of desire for all those who are weary of the historical lumber-room of old Europe,” it is now recognized as having an independent heritage; its history is no longer experienced as “only an echo of the Old World.”

New World Economic Development Trends and Latin America

2016 ◽  
Vol 60 (4) ◽  
pp. 48-60
Author(s):  
L. Klochkovsky
Keyword(s):  
Economic Development ◽  
Latin America ◽  
Latin American ◽  
New World ◽  
The United States ◽  
Economic Relations ◽  
Technological Gap ◽  
World Markets ◽  
The Future ◽  
World Economic

There are substantial changes in the evolution of world economy and world economic relations. The growth rates of international trade have diminished two-fold, the prices for oil and other commodities have fallen, and the competition on world markets has sharpened greatly. These new trends complicate fundamentally external conditions for the economic development of peripheral regions, especially Latin America. Latin American countries have reached a phase of considerable economic deceleration. Under these circumstances, there is an urgent need for reconsideration of key conclusions made by some Russian experts on the possibilities of the future economic and social growth of Latin America. The author examines the most discussed aspects of the Latin American modern economic situation – the deepening technological gap and slow rates of technological progress, the limited role of internal economic motive forces, the conservation of foreign economic dependence. The future of Latin America’s economic development is uncertain in many respects and will depend greatly on foreign economic conditions. The new world balance opened important additional possibilities for Latin America on world markets. China has converted into the second largest economic partner of the region. But there is a number of complicated problems in their relations that need an urgent regulation. At the same time, the strategic task for Latin America consists in finding of effective ways for further broadening of economic relations with the United States in terms of equality and mutual benefit.

Pentecostalism and Neo-Pentecostalism in Latin America

2020 ◽  
pp. 289-307
Author(s):  
Virginia Garrard ◽  
Justin M. Doran
Keyword(s):  
Latin America ◽  
Latin American ◽  
Social Relations ◽  
Military Government ◽  
American Christianity ◽  
The Public ◽  
Pentecostal Churches ◽  
The Public Sphere ◽  
Political Realities ◽  
Renewal Movement

Pentecostalism, a Christian renewal movement that emphasizes ecstatic bodily worship and charismatic practices, transformed Latin American Christianity over the course of the twentieth century. While they were influenced by the disruptive North American Holiness movements from which their piety originated, converts adapted Pentecostal Christianity to local economic and political realities that generated new, Latin American forms of Pentecostalism. This chapter traces the dynamics of Pentecostal transformation in Latin America across two case studies: Guatemala and Brazil. Both countries underwent enormous shifts in religious demographics and practices that reveal similar trends amid substantial diversity in the Pentecostalization of Latin America. Guatemala’s Pentecostal boom occurred through the country’s tumultuous thirty-year conflict between leftist guerrillas and an intractable military government. Pentecostalization crescendoed while military general Efrain Ríos Montt, a Pentecostal, came to power and oversaw the violent deaths of as many as 200,000 civilians who were predominantly indigenous Maya. Vast numbers of conversions to Pentecostalism followed, revealing its power to re-enchant destroyed and seemingly hopeless worlds. Brazilian Pentecostalism maintained a subdued, conservative critical presence within Brazilian society until neo-Pentecostal evangelists asserted themselves in the public sphere, taking on popular African diasporic religions, Spiritism, and established Catholicism in equal measure. After democracy was re-established, neo-Pentecostal churches—magnified by their immense fortunes garnered from prosperity theologies—reshaped the Brazilian relationship between Christian piety, national culture, and secular government. Today, Pentecostal and neo-Pentecostal churches sustain a transnational culture that connects Christians across Latin America, dynamically reshaping both social relations and Latin American Christianity itself.

The Understanding of other Cultures: Latin America

1955 ◽  
Vol 11 (1) ◽  
pp. 19-30
Author(s):  
Henry Grattan Doyle
Keyword(s):  
United States ◽  
Latin America ◽  
New World ◽  
The United States ◽  
The Past ◽  
The Subject ◽  
Brave New World ◽  
Written Materials ◽  
Vast Area ◽  
Modern Sense

A POPULAR RADIO SERIES a dozen years ago, dealing broadly with the important area that is the subject of my talk tonight, was called (borrowing its title from Shakespeare) “Brave New World.” Braver still, in the modern sense, is the commentator who tries in a brief talk like this to deal with even one phase of the vast area, of some eight million square miles, and constituting about one-fifth of the world’s inhabited continents, that lies South of the continental United States. But I am what is called in Spanish an “Old Christian” in these matters, which may be roughly interpreted as the opposite of a “Johnny-Come-Lately,” as our own phrase has it. I have been a student of this area for nearly fifty years, a teacher of one of its languages, Spanish, and of the literature and other written materials published in that language, for more than forty years. During the past four years I have spent my summer vacations on educational missions that took me to all of the American republics except two—Bolivia and Paraguay. In some instances I have made two or three visits to individual countries during that period, supplementing a number of earlier trips, the first of which was in 1916. So I must be as “brave” as the fascinating and to us tremendously important complex of nations that make up the New World outside of the United States and Canada, which for want of a really accurate term we call Latin America.

A Brave New World for Dementia Diagnosis

PsycCRITIQUES ◽  
2007 ◽  
Vol 52 (35) ◽  
Author(s):  
F. Richard Ferraro
Keyword(s):  
New World ◽  
Dementia Diagnosis ◽  
Brave New World

A Brave New World

PsycCRITIQUES ◽  
2009 ◽  
Vol 54 (23) ◽  
Author(s):  
Matthew G. Hile
Keyword(s):  
New World ◽  
Brave New World

Levels of Automation in the brave new world: Adaptive autonomy, virtual presence and swarms - Oh my!

2005 ◽  
Author(s):  
Christopher A. Miller ◽  
Christopher A. Miller ◽  
Scott Galster ◽  
Gloria Calhoun ◽  
Tom Sheridan ◽  
...  
Keyword(s):  
New World ◽  
Virtual Presence ◽  
Levels Of Automation ◽  
Brave New World
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