The Sword of Damocles U.S. Financial Hegemony in Columbia and Chile, 1950-1970

Author/creator Kofas, Jon V. Author
Format Electronic
Publication InfoPraeger Publishers [Imprint] Portsmouth : Greenwood Publishing Group, Incorporated Santa Barbara : ABC-CLIO, LLC [Distributor]
Description264 p. ill 24.100 x 016.000 cm.
Supplemental ContentFull text available from Ebook Central - Academic Complete
Subjects

Summary Annotation 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.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2001059066
ISBN9780275974053
ISBN0275974057 (Trade Cloth) Active Record
Standard identifier# 9780275974053
Stock numberC7405 00011167

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