Economic Rivalries in Latin America
AS THE situation clears in Europe it is rapidly becoming more evident that the recovery of the old world involves, and is in fact largely dependent upon, the intimacy of its economic contacts overseas. With the gathering momentum of the Dawes Plan, the restoration of a "business government" in Great Britain, the surprising economic rehabilitation of Italy, and the industrial and commercial recovery elsewhere on the continent, it is quite clear that the economically "new" lands of Latin America are to play a prominent part in this new era.
Source: foreignaffairs.com