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The Money Doctor in the Andes is an account of the technical assistance missions to five Andean republics--Colombia, Ecuador, Chile, Bolivia, and Peru--undertaken by Princeton University economist Edwin Walter Kemmerer during the 1920s. Drake demonstrates that in each case the Kemmerer mission recommended an identical series of monetary, fiscal, and banking reforms, adding occasional recommendations on everything from administrative reorganization to penal code reform as local circumstances seemed to warrant. In each case, too, local legislatures adopted all the main Kemmerer proposals virtually without debate or modifications. Drake links the Kemmerer missions to vital developments in the political economic history of the Andean republics in the interwar period. He analyzes the domestic interest groups and political forces whose convergent strategies gave the Kemmerer missions their remarkable record in achieving local success for the reforms proposed. Second, Drake situates the Kemmerer missions at the center of a process of political modernization that created new institutions and policy agencies in each of the five countries; the missions thereby contributed to the expansion of the central government as an agent of development in ways that later differed sharply from Kemmerer's orthodox policies. Finally, The Money Doctor in the Andes regards developments in the Andean countries in the context of the region's developing economic ties to the United States. Expectations that Kemmerer's plans would simultaneously attract foreign capital and control inflation drew support from sectors as diverse as trade unions and landowners. When the Depression deepened, Kemmerer's policies proved counterproductive and the fragile consensus that had installed them fell apart, but the political and administrative reforms endured--with far-reaching consequences.
This text brings together specialists from economics, history and political science including Harold James and Kenneth Moure. First providing a history of money doctors, the book then covers themes such as the IMF and policy advice, the Russian experience and contemporary money doctors.
The Encyclopedia of Central Banking, co-edited by Louis-Philippe Rochon and Sergio Rossi, contains some 250 entries written by over 200 economists on topics related to monetary macroeconomics, central bank theory and policy, and the history of monetary
"Superb collection of readings and documents, with enlightening introduction, about foreign economic advisers' influence on Latin American governments and private sectors. Four parts address 'proconsul' period of US domination of the Caribbean (1898-1930), privatization and Kemmerer missions to Latin America (1917-31), IMF stabilization programs, and 'Import Substitution and the New Academics.'"--Handbook of Latin American Studies, v. 57. http://www.loc.gov/hlas
This volume of essays explores the history of the U.S. tax mission to Japan during the occupation following World War II. General MacArthur appointed economist Carl S. Shoup to create a new tax system for Japan. The goals of the tax system were to strengthen Japanese democracy and accelerate economic recovery. This volume examines the intellectual world of Shoup and his colleagues on the mission, describes their collaboration with their Japanese counterparts, and analyzes the mission's effects. It concludes by discussing the global significance of the mission, which became an iconic model for international tax reformers.
The history of “dollar diplomacy,” using US financial clout to influence the actions of foreign governments.
A milestone in the understanding of British history and imperialism, and truly global in its reach, this magisterial account received numerous accolades from reviewers in its first edition. The first to coin the phrase "gentlemanly capitalism", Cain and Hopkins make the strong and provocative argument that it is impossible to understand the nature and evolution of British imperialism without taking account of the peculiarities of her economic development. In particular, the growth of the financial sector - and above all, the City of London - played a crucial role in shaping the course of British history and Britain's relations overseas. Now with a substantive new introduction and a conclusion, the scope of the original account has been widened to include an innovative discussion of globalization.
At a time when diplomatic practices and the demands imposed on diplomats are changing quite radically, and many foreign ministries feel they are being left behind, there is a need to understand the various forces that are affecting the profession. Diplomacy remains a salient activity in today's world in which the basic authoritative actor is still the state. At the same time, in some respects the practice of diplomacy is undergoing significant, even radical, changes to the context, tools, actors and domain of the trade. These changes spring from the changing nature of the state, the changing nature of the world order, and the interplay between them. One way of describing this is to say that we are seeing increased interaction between two forms of diplomacy, 'club diplomacy' and 'network diplomacy'. The former is based on a small number of players, a highly hierarchical structure, based largely on written communication and on low transparency; the latter is based on a much larger number of players (particularly of civil society), a flatter structure, a more significant oral component, and greater transparency. The Oxford Handbook of Modern Diplomacy is an authoritative reference tool for those studying and practicing modern diplomacy. It provides an up-to-date compendium of the latest developments in the field. Written by practitioners and scholars, the Handbook describes the elements of constancy and continuity and the changes that are affecting diplomacy. The Handbook goes further and gives insight to where the profession is headed in the future. Co-edited by three distinguished academics and former practitioners, the Handbook provides comprehensive analysis and description of the state of diplomacy in the 21st Century and is an essential resource for diplomats, practitioners and academics.
"A student-friendly text that tells the story of the development of the Andean republics and their people by emphasizing the themes of continuity and change over time. Henderson presents a succinct, narrative approach to Andean history that limits details about political coups and instead focuses on broader comparative social and culture aspects"--Provided by publisher.