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Covers the basic interpretive frameworks that have been employed to analyze political and economic change in Latin America, from the original debates between modernization and dependency theory through the rise of authoritarian regimes to the more recent studies on democratic transitions, democratic strength/weakness, neoliberal politics and economics, the post-Washington consensus years, and the great challenges the region still faces in, among others, effective governance, sustained economic growth, migration, poverty and inequality, and energy and environmental considerations.