Two Steps Forward

Two Steps Forward

John BarhamI started editing this magazine six years ago. The dawn of the new millennium also saw the rise of the Internet, continued consolidation of democracy in Latin America and the triumph of the Washington Consensus. A new era of peace, progress and stability was upon us. We know better now. The experts failed to spot one of history's greatest speculative bubbles. We were blindsided by the rise of China and India, and stunned by the depth of Argentina's collapse. And few predicted the resurgence of virulent populism across Latin America. All true, yet LatinFinance told a somewhat different story as it recorded in painstaking detail the zigzags of the region's markets and ec

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