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Word: kichner (lookup in dictionary) (lookup stats)
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...willingly become the Emir of the region, buying off Ecuadorian assets, Argentine debt, and Cuban doctors. In fact, his “brothers” in the region often adopt his dubious means, and not only in the rhetoric uttered by Morales. Argentine President Néstor Kichner has greatly benefited from a purposefully weak peso, high commodity prices, and huge export dividends resulting from “redistributing” taxes. However, although the federal state grows richer, that money is used to buy off regional caudillos and the poorer classes continue to see their real income liquated. Just...

Author: By Pierpaolo Barbieri | Title: Between Solitude and El Dorado | 2/7/2006 | See Source »

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