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International Finance and Latin America (Hardcover)
Loot Price: R4,448
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International Finance and Latin America (Hardcover)
Series: Routledge Library Editions: Development
Expected to ship within 12 - 17 working days
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This reissue, initially published in 1984, examines the evolution
of international financial flows to Latin America since 1945, along
with their implications for National Development . The book
describes how, in each of the first three decades since the war, a
new agency emerged (foreign investors in the 1950s, official aid
agencies in the 1960s and multinational banks in the 1970s) which
was willing to play a dynamic role in generating new financial
flows to the region. The lack of such an agent in the 1980s,
combined with a reluctance on the part of former investors to
maintain their level of assistance culminated in an economic debt
crisis in Latin America which this work seeks to address, asking
the crucial question: what measures should be taken -- both
nationally and internationally -- to deal with this critical issue,
in a way that will both encourage Latin American Development and
avoid a major international financial crisis?
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