Thu, Jan 31, 2019 - Page 9 News List

Venezuelan chaos unites new right in Latin America

By Mac Margolis  /  Bloomberg Opinion

In Davos, thankfully, Bolsonaro ditched the ad hominem verbal attacks on minorities, women and human rights that fueled his campaign. However, neither was he forthcoming on how he means to muster the fractious legislative branch and convince special interests, not least the military, to get behind pension reform and return Brazil to solvency.

Economic liberalism has not yet won the day.

“Don’t expect a sweeping liberal consensus,” Schuler said. “With the region’s stubborn levels of poverty and inequality, Latin America will always be a political cauldron, vulnerable to the enchantments of populism of the left or right.”

That is a caveat Guaido, or whoever rises to govern from the Venezuelan disaster, needs to keep in mind.

Mac Margolis is a Bloomberg Opinion columnist covering Latin and South America.

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

This story has been viewed 1735 times.

Comments will be moderated. Keep comments relevant to the article. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned. Final decision will be at the discretion of the Taipei Times.

TOP top