Abstract
Former Peruvian President Alejandro Toledo analyzes two concurrent crises: 1) collapses in the U.S. housing and financial sectors that led to the global economic downturn; and 2) the rise of social discontent and institutional fragility in some Latin American countries. Toledo argues that these two failures are inversely related. In the first case, a lack of government regulation led to an economic crisis; in the second, a deficient distribution of economic prosperity has enabled the rise of several authoritarian governments. Toledo presents policy recommendations for preventing future economic and political crises, referring to the Social Agenda for Democracy in Latin America , a regional consensus authored by 20 former heads of state.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
