Marshall Plan for Balkans?

[Michael Hoover]

whatever became of the idea proposed by the so-called Group of 8 -
Mexico, Argentina, Brazil, Venezuela, Colombia, Peru, Uruguay,
Panama - for a Marshall Plan for Latin America? (may I should
ask about whereabouts of the Group itself, Panama was suspended 
after Noriega deposed Delvalle in 1988 and the remaining seven 
began calling themselves the "Rio Group")

post-generals Argentine presidents Raul Alfonsin (Radical Party) and 
Carlo Menem (Peronist Party) were big promoters of above idea...what
they received, however, were absurd and offensive IMF measures that 
caused deep economic crises in the country...Michael Hoover