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4. After many years of implementing policies of import substitution industrialization (ISI), many countries in Latin American shifted toward neoliberal policies in the 1980s and 1990s. Drawing on cases of Mexico AND Brazil to illustrate, 1) explain the factors that led to the shift toward neoliberal policies in each country; and 2) detail what those neoliberal policies entailed.
Points breakdown: explanation of factors that causes move toward neoliberalism using examples from Mexico and Brazil: 4 points; discussion of neoliberal policies using examples from Mexico and Brazil: 6 points
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