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From changes in government in Argentina and Brazil to midcourse policy corrections in Chile, Latin American politics appears to be undergoing a rightward shift.Indeed, we can think of the shift as a Latin American variant of the West's blossoming romance with anti-establishment movements. And that means that the region's governments must be seen to deliver to their citizens. The resulting deterioration in economic performance, including deep recessions in Brazil and Venezuela, has accentuated popular dissatisfaction with public services and amplified long-standing worries about inequality and misappropriation of public funds.In the U.S., the result has been a significant shift away from establishment politics, including the unanticipated emergence of Donald Trump as the presumptive Republican candidate and Bernie Sanders' unexpectedly powerful challenge to Hillary Clinton on the Democratic side.That may well be the best way to characterize what is happening in much of Latin America.That outcome, by seriously complicating the region's political landscape, would further reduce governments' scope for timely economic-policy adaptation.
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