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Latin American studies programs still teach their students about the anti-"Gringo" policies of Latin American governments, particularly in the realm of direct foreign investment. While avoiding the temptation to ridicule outdated academic thought, the fact remains that Latin American governments have taken an about face on the issue of foreign direct investment over the last decade. 

One can pontificate on the swinging pendulum of ideology that has swept the region to the "right", but those who live and work in Latin America understand that the catalyst of change was always money, or rather, a lack thereof.