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Latin America: ‘Pink Tide’ may have peaked

Dramatic elections in Brazil, Chile and Colombia brought leftist governments to power across much of Latin America in 2022, heralding the region's second “pink tide" in two decades.

However, their struggles amid persistent economic headwinds suggest the tide may have ebbed. An anti-establishment current that has fueled the left may soon be moving the other way in major elections. 

To have the staying power of the left's turn-of-the-century renaissance, governments must restart economies that have frustrated voters and investors alike in a decade of mostly mediocre growth.

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