Carlos Andrés Pérez's second presidency (1988-1992) was similar to the "bait-and-switch populist" phenomenon of several other Latin American presidencies in the neoliberal era.

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Carlos Andrés Pérez's second presidency (1988-1992) was indeed similar to the "bait-and-switch populist" phenomenon of several other Latin American presidencies in the neoliberal era. This phenomenon involved politicians making populist promises to gain the support of the people, but then implementing neoliberal economic policies that ultimately benefited elites and multinational corporations at the expense of the general population. Pérez espoused socialist ideals during his campaign, but ultimately implemented austerity measures, privatized state assets, and pursued economic liberalization.

Carlos Andrés Pérez's Second Presidency (1988-1992) Was Similar to the "Bait-And-Switch