By Kevin J. Middlebrook, Carlos Rico
Significant political and fiscal occasions of the Eighties similar to the foreign debt concern, the 1982 Falklands struggle, the go back to democratic rule in a few international locations, and the lengthy predicament in imperative the US, concentrated nice recognition at the U.S. and its dealings in Latin the US. during this quantity, specialists from Latin the USA, the U.S. and Europe supply profound insights at the nation of U.S.-Latin American kin, exterior debt and capital flows, exchange kinfolk, democracy, human rights, migration, and safety in the course of the Nineteen Eighties.
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Extra resources for The United States and Latin America in the 1980s: Contending Perspectives on a Decade of Crisis
S~ president since John F. Kennedy, and he moved quickly to address prominent issues that held both real and symbolic importance for Latin America. 64 The renegotiation of the status of the Panama Canal in 1977-1978 was particularly important in this regard. The amount of high-level attention that the Carter administration focused on Latin America in large part reflected the increasing economic and political importance of major countries in the region, including Brazil, Mexico, Argentina, and Venezuela.
S. perceptions of the United States' relative economic decline and an inability to shape international economic events. S. political actors to respond favorably to demands by Latin American and other developing countries for structural reforms in the international economic order, including expanded access to markets in industrialized countries such as the United States. Instead, the industrial development of developing countries was increasingly perceived to be a threat to the United States' own economic well-being.
The United States had traditionally been relatively insulated from developments in the international economy, but this changed considerably in the 1960s and 1970s as its global economic predominance declined and Japan, western Europe, Canada, COMECON, and even some newly industrializing countries in Latin America and East Asia came to play a more important international economic role. 5 percent of the United States' gross national product (GNP), a substantially lower percentage than in other industrialized countries such as Canada, the Federal Republic of Germany, Great Britain, France, and Japan.