The purpose of the paper “Good Governance in Chile and Argentina” is to examine the importance of good governance within Latin America. Good governance is a universal term used to describe the level of democracy, human rights. …
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Within Latin America, Chile is held up as an example where democratic institutions are making headway. In other countries such as Argentina, the fight against corruption, remnants of populism and a weak judicial system are in evidence almost daily. Is the establishment and maintenance of good governance possible in Latin America? Using Chile and Argentina as examples it becomes clear that in our analysis of good governance we should not be limited by one model but should take into account the diversity of problems and the level of difficulty in resolving these problems when we choose to analyze whether or not a state’s governance is ‘good’.
Good governance is a universal term used to describe the level of democracy, human rights and the forms of participatory government present within a country’s political system. At its core is the democratic system which is seen as the optimal system for allowing citizens maximum freedom of expression and participation in political processes. Wijkman (1998) claims that, “Good governance entails a vast set of democratic processes and institutions at every level of society, from the local council to regional, national and international institutions, that allow the voices of the people to be heard, conflicting interests to be peacefully resolved, and a forging of consensus towards greater social progress (p. 89).”
Good governance became an important concept in the late 80s when it became tied to foreign aid programs, in addition to playing a crucial role in analyzing a country’s competitiveness for foreign investment (‘Weapons of Mass Upliftment’). While in the era of the Cold War “the flow of aid, in particular by major bilateral donors, was strongly influenced by strategic foreign policy interests”.
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Argentina has been singled out as a country whose corporate governance is unique based on the characteristics it exhibits. As it has been noted, the publicly traded companies in this country appear to have a very high level of ownership concentration and some of the major companies that trade publicly are seen to have families owning controlling stakes, also a case seen in the USA and UK.
The incoming political power wanted to create subservient citizens and complete obedience through dictatorships and force of military insurgence. The goals of the political hierarchy included fear, obedience, and a totalitarianism society created by torture, arrests, disappearances, killings, and other atrocities.
However, true formation of the Argentinean nation began after their independence that was a period marred with civil wars. It was during this time that Juan Manuel de Rosas came into power. He was born into a family that had wealth and power (Sarmiento, Mann & Stavans 7).
It would almost appear that the single most important duty of the government of any developing country is the formulation of an optimal foreign exchange rate policy. Even the position of the World Bank and International Monetary Fund in favor of a particular exchange rate regime for every developing country (Calvo and Mishkin, 2003) seem to give this position supremacy over every other position.
Privatization on a massive scale started in 1986. Electricity reforms program in Chile has been recognized as a very productive instance of electricity reforms among all developing countries in the world and an example that other countries can take a cue from1.
Fundacin Chile was a leading reference point for Latin-American public policy. The foundation had been a leading institution in the area of the social and economic development, bridging the public and private. Its mission is to add economic value to Chile's products and services by promoting innovation and technology transfer activities, management techniques and human skills to natural resource-intensive sectors, aimed at taking better advantage of Chile's natural resources and productive capacity.
To give a clear comparison of the two tribes, the essay will consider the culture and various activities undertaken by the tribes prior to the colonial period and while the colonial period was on. The study question will, thus, be “How did the
It should be noted that Brazil faced problems related to high inflation rates between the periods of 1970 and 1990. The authors of this article argue that the stabilization program implemented in Brazil in 1994 helped Brazil to control growing inflation rates.
ated fear that populism would result into destabilization as well as increase in inflationary campaigns directed towards mass mobilization and redistribution. These fears however were never realized since populism failed to take place in Chile.
Much as there were attempt to
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