ACCT 210 Lecture Notes - Lecture 32: Petrobras, Liberal Democracy, Alberto Fujimori

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Lecture nr 12 (4 may 2020) neo-populism and the pink tide" since the 1990s: the origins of the pink tide: from neoliberal to radical neo-populism. Tide = expansion of left wing governments pink = all elected through democratic means and not arms revolution. Started with 1998 hugo ch vez venezuela --> anti- liberal governments + populistic orientation. Neoliberal neo-populism 1980-90s = fujimori (peru) menem (argentina) salinas de gortari (mexico) It emerges in the late 1980s, as many latin american governments fail to provide solutions to the economic crisis ( lost decade"). During their campaigns neo-liberal populists often presented themselves as anti- neoliberals" but soon after their installation, they carried out neoliberal policies. The neo-liberal populist leaders break their traditional alliances with the labour movement and build up new alliances with national and international entrepreneurial groups. Also co-operation with international financial institutions (world bank, imf, etc.

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