Alba, CELAC, Mercosur, UNASUR, Telesur (u. a.)

[Erich]

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Brazil, China sign deal on pipeline construction

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Latin America's challenge: learning how to compete
ANDRES OPPENHEIMER
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This is a translated excerpt from Andrés Oppenheimer's new book, Cuentos Chinos:

El engaño de Washington, la mentira populista y la esperanza de América Latina (Sudamericana, 2005: $24.95). In English, the title can be loosely translated as ``Tall Tales: Washington's Deceit and Latin America's Populist Charade.''

Halfway through the first decade of the 21st century, two studies from very different sources -- one from the CIA's long-term think tank, the other one from the socialist chairman of the European Parliament's committee on South American affairs, Rolf Linkohr -- shocked the few Latin Americans who had a chance to read them.

Both studies contradicted the prevailing view in Latin America that the region is enjoying a healthy recovery after three years of robust growth and that it has a promising future ahead of it.

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