ABSTRACT
Pan-Americanism entered a new phase of its development in the 1930s, when Franklin D. Roosevelt became president of the United States (US). Inter-Americanism, as a renewed form of Pan-Americanism, implied the absolute superiority of the US and the increased integration of Latin America’s productive apparatuses with the US economy. In reality, the Cuban Revolution had been the culmination of this resistance, the basis for the great social, political, and cultural events that mark Latin American life in the second half of the 20th century. Economically, through debt servicing and international financial organizations, the US imposed on Latin America a policy of reconversion, with the goal of paving the road for US capital and commodities. Mercosur is taking on growing importance in Latin America as an alternative to the policy of direct agreements with the great capitalist centers that has been pursued by Chile and Mexico.
