Abstract
This chapter examines US interference in the democratization of Argentina and Brazil in the 1980s and 1990s. Emphasis is placed on the agenda shared by these countries including on issues such as external debt, the Central American crisis, nuclear policy, development of military projects, and divergences between them. The role of Brazil and its hegemonic ambitions in the region shaped the schedule and specific strategies for democratization. In order to study US policy toward Latin America, it is necessary to stress the international economic and political context that facilitated American involvement. Capital concentration in international financial institutions such as the IMF and World Bank are analyzed to determine how neoliberal economic policies influenced the institutionalization of these democracies.
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