Three waves of the systemic crisis in Latin America
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Three waves of the systemic crisis in Latin America
Annotation
PII
S0044748X0011327-8-
Publication type
Article
Status
Published
Authors
Nailya Yakovleva 
Affiliation: Institute for Latin American Studies, RAS
Address: Russian Federation, Moscow
Petr Yakovlev
Affiliation:
Institute for Latin American Studies, RAS
Plekhanov Russian University of Economics
Address: Russian Federation, Moscow
Edition
Pages
6-20
Abstract

At the turn of the second and third decades of the XXI century Latin America was swept by waves of a systemic crisis; once again, Latin American countries entered a zone of increased turbulence. A characteristic feature of the current stage of crisis shocks was a test of the strength of all existential structures of the region’s mode of life (already experiencing bad times) with the unprecedented COVID-19 pandemic. The coronavirus epidemic, which put a number of Latin American countries on the brink of survival, arose in the context of a worsening economic condition, close to the collapse of the social situation, political instability, and emphasized the existing and emerging “pain points” in the countries of the region. Thus, in Latin America a closely intertwined triune space of systemic failure has formed: an economic collapse, an aggravation of the socio-political situation and problem areas in the field of healthcare. The article describes these three components of the systemic crisis: it analyzes the economic collapse of modern Latin American populism, draws a social landscape against which mass protests in 2019 developed and, finally, the reasons for the region getting into the epicenter of the COVID-19 pandemic are revealed, despite the maximum geographical distance of Latin America from the focus of the onset of coronavirus.

Keywords
Latin America, economic crisis, populism, social situation, mass protests, pandemic COVID-19
Received
15.06.2020
Date of publication
30.09.2020
Number of purchasers
26
Views
2368
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0.0 (0 votes)
Previous versions
S0044748X0011327-8-1 Дата внесения правок в статью - 07.09.2020
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