Hearing on the important changes that have taken place in Latin America over the past decade with respect to democracy & political & economic reform. Witnesses: Abraham Lowenthal, Pres., Pacific Council on International Policy; Riordan Roett, Dir., Johns Hopkins School of Advanced International Studies; Joseph Tulchin, Dir., Woodrow Wilson International Center for Scholars; Albert Fishlow, Sr. Fellow, Council on Foreign Relations; Tom Dawson, Dir., Merrill Lynch; William Pryce, V.P., Council of the Americas; William Skol, Sr. V.P., Diplomatic Resolutions, Inc., & William Perry, Pres., Institute for the Study of the Americas.