"Peter Hakim" is president emeritus and senior fellow of the Inter-American Dialogue, a Washington-based think tank on Western Hemisphere affairs. He served as president of the Dialogue from 1993 to 2010.

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That didn't work very well for the administration of Fox. There is no question that Mexico was hoping for a lot more. It did not come away a winner from the United States over the past years.

That is a dream that has been shattered, evaporated.

Argentina has challenged the international community much more than other countries have dared to.

Because it was scheduled.

Even in countries that have thrown out presidents, almost every one of them has gone back to elections as the only way to choose new leadership. There's just no other way to do that now. That makes Latin America different.

Years later, the US and Latin America are at the lowest point in their relationship since the Cold War.

This is much more about politics than economics.

An economic liberal with a big heart. He has been our guide for 17 years and we expect him to continue making enormous contributions.

One could have imagined a lot worse.