Development, Neoliberalism and Electoral Politics in Latin America

The purpose of this article is to discuss the impact of the current economic crisis on development strategies in Latin America, and the ways in which redefinitions of the notion of development have transformed Latin American politics during the period of democratization. The article examines, specifically, the rise of the neoliberal movement in Latin America and its impact on policy‐making, parties and electoral politics. It argues that in spite of the electoral inroads recently made by neoliberal parties, political organizations of the New Right remain weak, either because they are the product of unstable political coalitions with a slim chance of surviving electoral defeat, or because the renewal of populist parties has pre‐empted the growth of neoliberal parties.