Wednesday, August 17, 2011

On August 17

On this day in ...
... 1961 (50 years ago today), a special meeting of the Inter-American Economic and Social Council at Punta del Este, Uruguay, which had begun almost 2 weeks earlier, concluded. On this day all members of the Organization of American states except Cuba signed the Charter of Punta del Este. The charter established the Alliance for Progress/Alianza para el Progreso. (image credit) It aimed to improve economic development in the Americas but which by the 1970s "was widely viewed as a failure."

(Prior August 17 posts are here, here, here, and here.)

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