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Caribbean & Central America - April 2011 (ISSN 1741-4458)
EL SALVADOR: Obama visit spotlights new priorities
The contrast was stark. When US President George W. Bush met his
counterpart in El Salvador, Francisco Flores, in 2002, the country had recently
dollarised and free trade was promoted as the panacea that would lift the
country out of underdevelopment. Fast forward nearly a decade to President
Barack Obama's visit at the tail end of a mini regional tour that also took in
Brazil and Chile, and the agenda was very different. Dollarisation has not
brought anything like the economic gains El Salvador had anticipated; trade has
been replaced by security as the main bilateral issue; and the new plan for
development is to avoid migration by creating more local opportunities.
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