Word: betancourt
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...page, now runs to two or three. We have six fulltime and 28 part-time correspondents in Latin America, and we expect that attentive TIME readers, as opposed to most Americans, should easily be able to pass a quiz identifying the nationality of such names as Rómulo Betancourt, João Goulart, François Duvalier, Jânio Quadros, Arturo Frondizi, Victor Raúl Haya de la Torre, López Mateos and Cantinflas...
Certainly, there is more stability. Only in Argentina did a constitutional government fall last year by military coup-and the army there now promises to hold elections this June. Peru's rejuggled junta is also steadfast in its election promises. Venezuela's Romulo Betancourt seems destined to become that nation's first freely elected President to serve a full term. And the Dominican Republic has held its first free election in 38 years...
...product in Latin America rose by roughly 5% in 1962, and some $200 million in private U.S. capital is flowing into the area annually. Last year this was offset by the fact that investors staged a massive withdrawal from Venezuela. But now, reflecting faith in the stability of the Betancourt government, they are starting to put money back in. Most investors seemed reconciled to the fact that the days of the fast, fat return are over and .that long-range, better-protected returns are likely. This should help eliminate the frequent monetary crises of Latin American nations...
...Betancourt at Best. Even more than Bosch's grandiose plans, what gives his would-be friends pause is Bosch himself. A political exile since 1937, Bosch made a name for himself as a writer, and became a political confidant of Venezuela's Ró-mulo Betancourt and Puerto Rico's Luis Muñoz Marin. He returned to the Dominican Republic 16 months ago, built his Dominican Revolutionary Party into a Betancourt-style voice of peasants and workers. At his best, Bosch seems to stand for sensible reform; at his worst, he indulges some of the erratic...
...students have continued to think of themselves as the natural focus and outlet for discontent with the regime Betancourt's government has provoked dissatisfaction among those who think that despite progress in education and land reform, it is not doing enough about basic economic problems, such as unemployment. Corruption is alleged in the bureaucracy, and especially in the police, the natural target of student violence...