How fast has Latin America fallen from favor? Just a decade ago the Clinton administration was holding up the region as the crown jewel of globalization's promise: All is quiet on "our southern flank," reported the head of the US Southern Command, General Barry McCaffrey, in 1995, "our neighbors are allies who, in general, share similar values." "The Western Hemisphere has a lot to teach the world," said McCaffrey's boss Secretary of Defense William Cohen two years later, "as the world reaches for the kind of progress we have made."
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