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The Enterprise for the Americas Initiative: A New Approach to Economic Growth*

Published online by Cambridge University Press:  02 January 2018

Extract

On 27 June 1990, President Bush launched the Enterprise for the Americas Initiative as a part of his longstanding interest in encouraging democracy and economic growth in Latin America and the Caribbean. Impressed by political and economic events in Latin America, he felt a new approach was needed to help advance prosperity throughout the region.

Recent events in the Western Hemisphere are part of a worldwide phenomenon. The past 18 months have witnessed enormous economic and political change.

These changes are almost universally positive and, not least, are being achieved peacefully. Indicative of these changes is the assertion by Charles William Maynes that in the future “economists will be more important than geopoliticians [and] diplomats more critical than warriors” (Maynes, 1990). There is a fresh, dynamic attitude around the world that views change optimistically, not fearfully.

Type
Research Article
Copyright
Copyright © University of Miami 1990

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Footnotes

*

This article is based on an address presented to the Americas Society, 11 September 1990.

References

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