INTRODUCTION…………………………………………………………………...5

1 LATIN AMERICA AT THE PERIOD OF MODERNIZATION

1.1 The modernization conception……………………………………………………9

1.2 The modernization policy in the Latin American countries in the 1980-90ies….19

2 ECONOMIC INTEGRATION PROCESSES IN THE REGION

2.1 «Initiative for two Americas»……………………………………………………22

2.2 Association of the South cone countries…………………………………………33

2.3 CARICOM and Association of the Caribbean States……………………………38

3 PRESENT FOREIGN POLICY POSITION OF THE LATIN AMERICAN COUNTRIES

3.1 Relations between the countries of Latin America and the United States……….47

3.2 Latin American policy of the European Union………………………………….53

3.3 Cooperation of the Latin American countries with the Russian Federation……..63

CONCLUSION……………………………………………………………………..69

THE LIST OF LITRATURE……………………………………………………...72