Washington Consensus and South America

South American productivity growth since 1951

The Economic Policy Institute has an interesting snapshot article on stagnate economic growth in South America since those countries embarked upon economic policies recommended and mandated by the Washington Consensus beginning about 1975. Since 1975 the average growth rate has been a paltry .37%.

I wonder if that had anything to do with the riots at the recent Summit meeting in Mar del Plata?