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The Closeness of Elections in Latin America

One of the curious features of recent Latin American politics has been the closeness of the results of presidential elections. As shown by tables 1 and 2, the median gap between the two principal contenders in presidential elections taking place around 1970 was 4.93 percent, compared to 15.39 percent in elections taking place around 1950. Over half of the 1970 elections resulted in a smaller winning margin than the smallest such margin around 1950.