How and why democratic governments in Latin America have implemented neoliberal developmental policies such as freeing exchange rates, privatizing state-owned companies, reducing governmental budget deficits through reduction in size of the government, reducing tariffs, and encouraging foreign private investments is discussed in this work. This study follows the ideological progress of some of the populist leaders and parties towards democratic neoliberalism. The work examines the topic on three levels: the national level represented by Colombia, Ecuador, Bolivia, and Argentina; the subregional level represented by Mexico and the North American free trade agreements, the Commercial Union of Brazil, Argentina, and Uruguay; and the hemispheric level represented by Latin America, the United States, and the IMF.

LOWELL S. GUSTAFSON is Associate Professor in the Department of Political Science at Villanova University. Dr. Gustafson has published The Sovereignty Dispute over the Falkland (Malvinas) Islands and The Religious Challenge to the State (co-edited with Matthew Moen).

Introduction
Neoliberal Development in Latin America by Lowell S. Gustafson
National Neoliberal Development
Venezuela: From Populism to Neoliberalism by David Hellinger
The Politics of Trade and Development in Colombia: Export Promotion and Outward Orientation, 1967-1992 by Carlos E. Juarez
The New Economic Policy of Victor Paz Estenssoro Implementation and Aftermath by Edward A. Lynch
Ecuador under Leon Febres Cordero: The Folly of Half-Way Measures by Edward A. Lynch
Restoring Argentina's Liberal Economic Development by Lowell S. Gustafson
Neoliberalism in Regional Associations
The Politics of Mexican Free Trade and the North American Free Trade Association by Esther Wilson Hannon
Toward the Economic Union of Argentina, Brazil, Paraguay, and Uruguay by Edwin F. Early
Neoliberalism in Hemispheric and Global Political Economies
The International Monetary Fund and Latin America by Jo Marie Griesgraber
"The End of History" and Neoliberalism in Latin America: A Concluding Essay by A. Craig Waggaman