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The Latin American pink wave is over

2ae309f8612d6782951c0069c63c1dc3 - The Latin American pink wave is over

In the first years of the 21st century turned Latin America pink-red. But in the meantime, the political pendulum almost anywhere the other side waved. The three largest economies of Latin America, ever examples to the left, are back in the hands of the right.

The electoral victory of Jaír Bolsonaro in Brazil put a dot behind the pink wave around the turn of the century many countries in Latin America in a soft-left approach had put. He takes after …

The electoral victory of Jaír Bolsonaro in Brazil put a dot behind the pink wave around the turn of the century many countries in Latin America in a soft-left approach had put. He takes after his victory Sunday the helm of the right-wing, Michel Temer, who spent two years as interim president.

In many Latin American countries were the last years the social democrats come to power, apart from the red revolutions in countries like Cuba, Nicaragua or Venezuela, a regime with communist traits have installed.

Now, the major economies, those of Brazil, Chile and Argentina, again in the hands of right wing politicians. (Only Mexico has with the election of the leftist Andrés Manuel López Obrador, the reverse step.) Democracy means change and so it should be no surprise that many voters in Latin America after so many years of the left rule for a different course to choose from. In Brazil the Army, fourteen years in power. In Argentina, Néstor Kirchner and his widow Cristina the country twelve years driven. Chile – with a short interruption – twelve years of Michelle Bachelet as president.

Growing middle class

The pink wave was largely a reaction to the hard-line policy that the United States and the international monetary institutions in the nineties in Latin America introduced. There was massive privatisation and cuts. The pink golf rolled out in a period in which the Latin American economies boomden, giving the authorities money to large social programs to perform. In Brazil conducted by president Luiz Inácio Lula da Silva, the Bolsa Familia , a system that poor families are financially rewarded if their children went to school.

The social policies that the left leaders have pursued, has the prosperity on the continent have been increased significantly. Between 2000 and 2014, the number of poor (people living on less than $ 4 per day) from 45 to 25 per cent in Latin America. According to the data of the world Bank, grew the middle class each year, with 1 percent. In 2013, 35 percent of the population to the middle class counted.

But as 2012 came to an end the economic growth and since then has performed many countries lta. Brazil, the engine of Latin America, fell into a deep recession. The economy shrank, in some countries, increased inflation to 10 percent. Argentina had (again) at the IMF’s door and in Brazil and Chile increased the unemployment rate from 2015 year after year.

The people had the better, but were the left-wing presidents are not rewarded. A senatrice of the Brazilian Army, put it recently in the New York Times as follows: “The voters started other demands, and had left no answer. Furthermore, it was the left-wing leaders, the population is not there to convince them that their higher standard of living, were the result of the left-wing politics. Most people thought they had received, because she fought for.”

Corruption

In addition came the stories about corruption, because a lot of leftist presidents were among the less clean than they had initially promised. The Brazilian former president Lula da Silva has been sentenced to twelve years in prison, because he bribes received in exchange for public contracts. It was the tip of the iceberg of a large-scale corruption scandal involving dozens of politicians and businessmen have earned. Also, the Argentine Cristina Fernández de Kirchner is in suspicion because they are bribes would have gotten in return for the award of public contracts. It is, according to the source, to amounts between 46 and 140 million euro. In Chile runs an examination of Bachelets son in connection with illegal immobiliëntransacties.

Some analysts are not convinced that the leftist presidents heavy gegraaid have, but they see in the judicial procedures, an attempt of the old, right-wing elites to deal with their rivals.

Dictators

For now, the only left-wing ‘die-hards regimes’ in Latin America continue to exist, not pink, but red. In countries like Cuba, Nicaragua, Venezuela or Bolivia have the leaders the constitution to their hand, put that regimewissel want to turn away. Some of them have such economic mismanagement conducted that the population has declined is gone. In kiescampagnes use the right-wing politicians in Latin America is precisely these countries to the voters to deter and to prevent that she left to vote.

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