In the article “Success and failures of neoliberalism” Evelyne Huber and Fred Solt describe the economic, social and political consequences of the introduction of neoliberalism in Latin America in the 1980s and 90. To counteract the positive and negative impacts of neoliberalism Huber and Solt took into consideration five indicators: growth, economic stability and absence of volatility, poverty, inequality and quality of democracy (Huber and Solt 151). situation, growth performance reflects an increase in the first half of the 1990s but a decline in the second half due to the effects of the financial crises (Huber and Solt 151); which also had an effect on increasing economic stability and the absence of volatility (Huber and Solt 151). Furthermore, poverty and inequality decreased in the 1990s as a result of changing class structures in the region (Huber and Solt 152). Finally, the quality of democracy, measured by the number of liberal democracies, showed no improvement over either decade (Huber and Solt 152). Overall, progress in these five aspects, as Huber and Solt state, “is not particularly encouraging” (152). To examine in detail the consequences of neoliberal reform, the authors compared less liberalized economies with more liberalized ones and moderate economies. to drastic reformers (152). They took into account the five indicators mentioned above. First, the result of economic growth rates suggests that liberalized economies offer better conditions for economic growth. However, radical approaches to liberalization have substantial costs and directly influence decreasing growth rates (Huber and Solt 154, 155). Second, data that ... middle of paper ... highlight the effects of neoliberal reforms in Latin America in recent decades. However their opinions differ on whether there are only negative consequences or whether the situation can be viewed more positively. Although the articles cover the same topic, Walton decides to research what economic, social and political policies were chosen and how these affect the region. Huber and Solt, on the other hand, focus on how these policies have affected growth, economic stability and the absence of volatility, poverty, inequality and the quality of democracy. Evelyne Huber and Fred Solt “Success and Failures of Neoliberalism” Michael Walton “Neoliberalism in Latin America – Good, Bad or Incomplete”,