Show simple item record

dc.contributor.advisorStrobel, Frederick R., 1937-2016
dc.contributor.authorDavies, Tamara K.
dc.descriptioniv, 70 p.en_US
dc.description.abstractThe following is a detailed report of the Economic conditions of Latin America over the past decade and what the U.S. is doing to aid in the recovery. During the 1980s most Latin American economies experienced periods of high inflation, increasing debt, low domestic and foreign investment and capital flight. More households were living in poverty and social conditions continued to worsen as governments spent less money for programs as health care and education. By the end of the 1980s, Presidents of various Latin American countries sought advice from the United States. In June of 1990, President Bush announced the establishment of the Enterprise for the Americas Initiative. The purpose of this initiative is three-fold. It contains components to promote trade expansion among all countries in the Western Hemisphere; to promote and encourage private investment in Latin America; and to provide debt relief for all Latin American countries. Since the implementation of the Enterprise for the Americas Initiative these countries have experienced declining rates of inflation, increased trade and investment and the return of capital flight. Many of these countries have experienced a real increase in Gross Domestic Product. The increase in U.S. exports to this region have increased the number of U.S. jobs and cut the U.S. trade deficit. It is unclear what approach the new administration intends to take. I hope the U.S. will continue to provide the assistance necessary to ensure prosperity as well as profitable trade and investment between the U.S. and other nations.en_US
dc.relation.ispartofKalamazoo College Economics and Business Senior Individualized Projects Collection
dc.rightsU.S. copyright laws protect this material. Commercial use or distribution of this material is not permitted without prior written permission of the copyright holder.
dc.titleA Study of the Latin American Economy and the Effects of the Enterprise for Americas Initiativeen_US

Files in this item


This item appears in the following Collection(s)

  • Economics and Business Senior Individualized Projects [1120]
    This collection includes Senior Individualized Projects (SIP's) completed in the Economics and Business Department. Abstracts are generally available to the public, but PDF files are available only to current Kalamazoo College students, faculty, and staff.

Show simple item record