Argentina’s Woes Highlight Brazil’s Economic Prominence in Latin America

Today's Argentina faces issues already overcome by Brazil, such as hyperinflation, uncontrolled foreign debt, price freezes, and rampant printing of money to finance public spending.

RIO DE JANEIRO, BRAZIL - Michel Chevalier was a French engineer and economist, charged by his country's government with drawing up an assessment of the financial situation in the Americas in 1836. The term "Latin America" is credited to him and to his study.

Unlike the case of the United States, where America and the term "American" itself were encouraged as a means of establishing distance from the English colonizers (against whom . . .

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