Tensions and Trade-Offs in Latin America

Chilean voters overwhelmingly rejected a draft constitution that did not reflect their values. They have spoken clearly: They want a new charter, not a new country.

Mexico’s 2003 congressional elections confirmed both the transition to fully competitive politics and the persistence of structural deficiencies associated with a multiparty presidential system.

As Latin America suffers from its worst economic crisis in decades, the reform of political institutions remains the region’s best hope.