Jon Kofas

The Sword of Damocles (eBook, PDF)

U.S. Financial Hegemony in Colombia and Chile, 1950-1970

• Format: PDF

Produktbeschreibung

Focusing on Chile and Colombia during the 1950s and 1960s, Kofas examines the impact of IMF, World Bank, and U.S. foreign policy on the economies and social and political institutions of Latin America. Far from fostering democracy and social justice, foreign loans and aid were major impediments to these ideals. Symptomatic of systematic underdevelopment, cyclical Third World foreign borrowing and debt crises have been responsible for maintaining the debtor nations integrated into the global market economy, perpetuating their dependency, and maintaining low living standards. Comparing Colombia and Chile, the book examines the complex factors of domestic and international forces that account for structural underdevelopment in the Third World.

A study on the historical antecedents of globalism and its impact on the Third World, this book analyzes the interplay between IMF, World Bank, and U.S. foreign policy in shaping the economies of the Third World through loans that are the catalyst to global integration. Through its in-depth look at a complex topic, this book will prove provocative and valuable reading to students of globalization, inter-American relations, international finance, Latin American History, and U.S. diplomatic history.

Produktdetails

• Verlag: Bloomsbury Publishing Inc
• Seitenzahl: 264
• Altersempfehlung: ab 7 Jahre
• Erscheinungstermin: 30. Juni 2002
• Englisch
• ISBN-13: 9780313012181
• Artikelnr.: 68528063

Autorenporträt

JON V. KOFAS is Professor of History at Indiana University Kokomo. He is the author of The Sword of Damocles: U.S. Financial Hegemony in Colombia and Chile, 1950-1970 (Praeger, 2002).

Inhaltsangabe

Introduction The Latin America Setting Prolegomena to the Debt Crisis: From
Bretton Woods to the Alliance for Progress Colombia International Financial
Relations during the Authoritarian Era, 1950-1958 Foreign Borrowing and
Developmentalism under the National Front International and Domestic
Politics of Austerity under Valencia Twilight of Reformist
Developmentalism: Stabilization and Monetarism under Lleras Restrepo Chile
Chile's Struggle for Financial Stability: Monetarism and Beyond
Hyperinflation under Ibanez, the Multilateral Banks, and U.S. Foreign
Policy Foreign Borrowing, Stabilization, and Developmentalism under the
Alessandri Regime The "Revolution in Liberty" vs. the International
Financial Institutions Conclusions Bibliography Index