There are many views and disagreements over what the first pink tide really was in Latin America, and over what it achieved. Put at its simplest the pink tide was a collective turn towards more 'progressive' political positions, by a significant group of the region's countries starting around the turn of the century and continuing for roughly a decade. It largely coincided with what has been called the commodities super cycle or extended boom in the global economy, caused by rising demand for raw materials from China which, despite a sharp recession in 2008/2009, continued until 2012-2013. The surge in Latin American export revenues in that decade-plus was an important factor in the politics of the time, allowing many pink tide governments to redistribute income in favour of the poor and the emerging middle classes.
End of preview - This article contains approximately 1570 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options