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Hardcover The Sword of Damocles: U.S. Financial Hegemony in Colombia and Chile, 1950-1970 Book

ISBN: 0275974057

ISBN13: 9780275974053

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

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...

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Format: Hardcover

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