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Lessons from Latin America
January 30, 2012


Hal Weitzman, Financial Times Midwest correspondent; author of Latin Lessons: How South America Stopped Listening to the United States and Started Prospering

 
In recent years, the U.S. economy has experienced persistently high unemployment, stagnant wages, and a fast-expanding national debt burden. At the same time, South America has been booming, with rapid economic growth, falling joblessness rates and decreasing debt.  

Financial Times correspondent Hal Weitzman contends that, over the past ten years, most of South America has been turning away from Western-style globalization and towards more resource nationalism. Previously impoverished Latin American states such as Peru and Bolivia have found willing partners in the emerging economic powers of China and India, as well as Russia and Iran, causing commodity prices to surge and cash to flow into the continent.  In addition, many South American countries have ramped up social spending to meet the needs of the poor and the indigenous, causing poverty levels to drop. 

Is it possible that instead of dictating to Latin America, the United States should be following its lead?
 

 

Featured Books:

By: Hal Weitzman

This is the first program in a series examining the financial future of the U.S. and other global economies.

Nostalgia for 1990’s prosperity and fear of what lies ahead loom large for most Americans. As the U.S. moves beyond the Great Recession, we will examine what is on the horizon as government attempts to reduce its debt, and businesses and consumers alike are forced to alter their spending and borrowing habits.  What steps are being taken to encourage job creation?  What can be done to positively impact consumer sentiment? And if the system is broken, what can be done to fix it? And what can we learn from our South American neighbors who are enjoying robust economies?

Join us for this continuing series of programs featuring experts from the fields of business and economics who will offer analyses and opinions on economies both in the U.S. and abroad.

Register for multiple events

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DATE OF EVENT
Monday, January 30, 2012

LOCATION
World Affairs Council of Philadelphia
One South Broad Street, Suite 2M, Philadelphia, PA

SCHEDULE
5:30 p.m.  Registration and wine reception
6:00 p.m.  Program
7:15 p.m.  Adjournment and book signing

EVENT OPTIONS
Members
Program and reception: $18 or lecture pass

General Public
Program and reception: $28

Full-time students with valid ID
Program only: $10
 

 


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