--- title: "Meaning & Key Takeaway of: During the 1990s the United States sought…" description: "\"During the 1990s the United States sought to impose the 'Washington Consensus' on Latin American governments. It embodied what Latin Americans call 'ne..." image: "https://sms4smile.com/quotes/i/65a/stephen-kinzer-2514_american_during-the-1990s-the-united-states-sough_887417.jpg" --- # During the 1990s the United States sought to impose the… ![“During the 1990s the United States sought to impose the 'Washington Consensus' on Latin American governments. It embodied what Latin Americans call 'neo-liberal' principles: budget cuts, privatization, deregulation of business, and incentives for foreign companies. This campaign sparked bitter…” quote by Stephen Kinzer](https://sms4smile.com/quotes/i/65a/stephen-kinzer-2514_american_during-the-1990s-the-united-states-sough_887417.jpg) [Download](https://sms4smile.com/quotes/i/65a/stephen-kinzer-2514_american_during-the-1990s-the-united-states-sough_887417.jpg) [Open image](https://sms4smile.com/quotes/i/65a/stephen-kinzer-2514_american_during-the-1990s-the-united-states-sough_887417.jpg) > “During the 1990s the United States sought to impose the 'Washington Consensus' on Latin American governments. It embodied what Latin Americans call 'neo-liberal' principles: budget cuts, privatization, deregulation of business, and incentives for foreign companies. This campaign sparked bitter resistance and ultimately collapsed.” [Stephen Kinzer](https://sms4smile.com/quotes/author/stephen-kinzer/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The Washington Consensus imposed neoliberal reforms on Latin America, leading to resistance and eventual failure. **In simple terms:** Neoliberal policies were forced on Latin America and collapsed. Key Takeaway Question imposed economic reforms. Themes economics politics Latin America neoliberalism Mood critical reflective Type historical economic When to use this quote - government planning - foreign investment - social movements Key Concepts policy reform resistance Questions to Reflect On - Why did neoliberal policies fail in Latin America? - What alternatives could have been pursued? A Different Perspective The reforms ignored local contexts and social impacts. ★ ★ ★ ★ ★ No ratings yet [American government](https://sms4smile.com/quotes/about/american-government/) [Business](https://sms4smile.com/quotes/about/business/) [Companies](https://sms4smile.com/quotes/about/companies/) [Consensus](https://sms4smile.com/quotes/about/consensus/) [Governments](https://sms4smile.com/quotes/about/governments/) [Incentives](https://sms4smile.com/quotes/about/incentives/) [Latin](https://sms4smile.com/quotes/about/latin/) [Latin america](https://sms4smile.com/quotes/about/latin-america/) [Latin american](https://sms4smile.com/quotes/about/latin-american/) [Politics](https://sms4smile.com/quotes/about/politics/) [Principles](https://sms4smile.com/quotes/about/principles/) [Privatization](https://sms4smile.com/quotes/about/privatization/) [Resistance](https://sms4smile.com/quotes/about/resistance/) [United states](https://sms4smile.com/quotes/about/united-states/) [Washington](https://sms4smile.com/quotes/about/washington/) ## Related quotes > [Latin Americans have gotten tired of the Washington consensus - a neoliberalism that has aggravated misery and poverty.](https://sms4smile.com/quotes/hugo-chavez/latin-americans-have-gotten-tired-of-the-washington-consensus-a/) [Hugo Chavez](https://sms4smile.com/quotes/author/hugo-chavez/) > [The industrial world enjoys a rare combination of growth and low inflation; the 'Washington consensus,' a model of economic development that emphasizes macroeconomic discipline…](https://sms4smile.com/quotes/zanny-minton-beddoes/the-industrial-world-enjoys-a-rare-combination-of-growth-and-low/) [Zanny Minton Beddoes](https://sms4smile.com/quotes/author/zanny-minton-beddoes/) > [International order is not an evolution; it is an imposition. 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He summoned Ambassador Franks and told him that the United States resolutely opposed “the use of…](https://sms4smile.com/quotes/stephen-kinzer/acheson-immediately-understood-the-urgency-of-this-message-he/) [Stephen Kinzer](https://sms4smile.com/quotes/author/stephen-kinzer/) > [During the 1980s, international interest in the Nicaraguan war was intense. 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