Want to End Dependence on U.S. Foreign Aid? Try Freedom (My Title - The Example of Chile)***
Chile illustrates Hayek's idea. For more than 30 years, the country has persisted in opening its markets, allowing more and more competition, and fostering a strong rule of law, and these efforts have paid off in many ways. Chile today has one of the highest per capita gross domestic products (GDPs) in Latin America, has experienced high levels of economic growth, and conveys an institutional trust that has attracted local and foreign investment. Most important, it has severed itself from reliance on international aid, on which most Latin American countries depend. By following the 10 steps to economic freedom, Chile has become more prosperous. Continuing on this road will transform Chile into a developed economy for future generations.***
Brothers intent on taking control of Peru*** Ecuador's election last November of President Lucio Gutierrez, who directed a coup in 2000, and the apparent success of Venezuela President Hugo Chavez, himself a former coup leader, have encouraged the Humala movement, political observers say.
"The Humalas follow in the line of Chavez and Gutierrez," said Boris Romero, editor of Sintesis, a financial daily. "They have a left-wing nationalistic message that could work. Ollanta is certainly someone to watch in the 2006 elections."
Antauro Humala insists that everything he does is meant to advance his brother's cause. "Ollanta is like a sharp stone in a tight shoe," Antauro Humala said. "He was reinstated into the army and sent to France out of necessity, to avoid competition." He added: "Ollanta is the word. I am only the preacher."***