The Money Doctor in the Andes

The Money Doctor in the Andes PDF Author: Paul W. Drake
Publisher: Duke University Press
ISBN: 9780822308805
Category : Business & Economics
Languages : en
Pages : 364

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Book Description
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.

The Money Doctor in the Andes

The Money Doctor in the Andes PDF Author: Paul W. Drake
Publisher: Duke University Press
ISBN: 9780822308805
Category : Business & Economics
Languages : en
Pages : 364

Get Book Here

Book Description
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.

Money Doctors

Money Doctors PDF Author: Marc Flandreau
Publisher: Routledge
ISBN: 1134356552
Category : Business & Economics
Languages : en
Pages : 329

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Book Description
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.

Money Doctors Around the Globe

Money Doctors Around the Globe PDF Author: Andrés Álvarez
Publisher: Springer Nature
ISBN: 9819701341
Category :
Languages : en
Pages : 372

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Book Description


The Making of National Money

The Making of National Money PDF Author: Eric Helleiner
Publisher: Cornell University Press
ISBN: 1501720724
Category : Political Science
Languages : en
Pages : 290

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Book Description
Why should each country have its own exclusive currency? Eric Helleiner offers a fascinating and unique perspective on this question in his accessible history of the origins of national money. Our contemporary understandings of national currency are, Helleiner shows, surprisingly recent. Based on standardized technologies of production and extraction, territorially exclusive national currencies emerged for the first time only during the nineteenth century. This major change involved a narrow definition of legal tender and the exclusion of tokens of value issued outside the national territory. "Territorial currencies" rapidly became bound up with the rise of national markets, and money reflected basic questions of national identity and self-presentation: In what way should money be managed to serve national goals? Whose pictures should go on the banknotes? Helleiner draws out the potent implications of this largely unknown history for today's context. Territorial currencies face challenges from many monetary innovations—the creation of the euro, dollarization, the spread of local currencies, and the prospect of privately issued electronic currencies. While these challenges are dramatic, the author argues that their significance should not be overstated. Even in their short historical life, territorial currencies have never been as dominant as conventional wisdom suggests. The future of this kind of currency, Helleiner contends, depends on political struggles across the globe, struggles that echo those at the birth of national money.

Coffeeland

Coffeeland PDF Author: Augustine Sedgewick
Publisher: Penguin
ISBN: 0143110748
Category : History
Languages : en
Pages : 450

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Book Description
A New York Times Book Review Editors’ Choice “Extremely wide-ranging and well researched . . . In a tradition of protest literature rooted more in William Blake than in Marx.” —Adam Gopnik, The New Yorker The epic story of how coffee connected and divided the modern world Coffee is an indispensable part of daily life for billions of people around the world. But few coffee drinkers know this story. It centers on the volcanic highlands of El Salvador, where James Hill, born in the slums of Manchester, England, founded one of the world’s great coffee dynasties at the turn of the twentieth century. Adapting the innovations of the Industrial Revolution to plantation agriculture, Hill helped turn El Salvador into perhaps the most intensive monoculture in modern history—a place of extraordinary productivity, inequality, and violence. In the process, both El Salvador and the United States earned the nickname “Coffeeland,” but for starkly different reasons, and with consequences that reach into the present. Provoking a reconsideration of what it means to be connected to faraway people and places, Coffeeland tells the hidden and surprising story of one of the most valuable commodities in the history of global capitalism.

The Encyclopedia of Central Banking

The Encyclopedia of Central Banking PDF Author: Louis-Philippe Rochon
Publisher: Edward Elgar Publishing
ISBN: 1782547444
Category : Business & Economics
Languages : en
Pages : 541

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Book Description
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

Dollars and Dominion

Dollars and Dominion PDF Author: Mary Bridges
Publisher: Princeton University Press
ISBN: 0691248133
Category : Business & Economics
Languages : en
Pages : 280

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Book Description
"A history of the globalization of US banking in the early twentieth century"--

Republics of Knowledge

Republics of Knowledge PDF Author: Nicola Miller
Publisher: Princeton University Press
ISBN: 0691176752
Category : History
Languages : en
Pages : 316

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Book Description
"Republics of Knowledge tells the story of how the circulation of knowledge shaped the formation of nation-states in Latin America, and particularly in Argentina, Peru and Chile, during the century after Iberian rule was defeated in the 1820s. Most immediately, the author has sought to provide a cross-disciplinary approach to the history of knowledge, combining the methods of global intellectual history with a new way of thinking about nations as experienced and enacted as well as how they are imagined, and in so doing offer a new interpretation of the history of independent Latin America to illustrate its wider significance in the making of the modern world. By bringing these lines of inquiry together within a transnational framework, Nicola Miller shows how evidence from the pioneering nations of Latin America can invite historians to rethink many of their general theories about how knowledge travels and how a sense of nationhood is created. The book is designed to stimulate debate about the significance of knowledge not only in Latin America but in all modern societies. As Miller explains, Latin America is usually regarded as an exception to general theories, notably of colonialism, nationalism and liberalism; and yet it was in that part of the world, not in Europe, that the Age of Revolution brought the founding of a second wave of modern republics, and it was in Latin America that pioneering attempts were made to apply liberal principles in societies with inherited caste divisions and corporate institutions. It was there that some of the richest debates about the vexed relationship between collective identities and individualism took place"--

The Politics of Economic Adjustment

The Politics of Economic Adjustment PDF Author: Stephan Haggard
Publisher: Princeton University Press
ISBN: 0691188033
Category : Political Science
Languages : en
Pages : 371

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Book Description
In the 1980s some developing countries adopted orthodox market-oriented policies in response to international economic crises, others experimented with alternative programs, and still others failed to develop coherent adjustment strategies of any sort. Building on the case studies in Economic Crisis and Policy Choice, these essays offer comparative analysis of these divergent experiences with macroeconomic stabilization and structural adjustment. Barbara Stallings and Miles Kahler explore the external pressures on governments. Peter Evans and John Waterbury examine the role of the state in the adjustment process, Evans through the lens of earlier historical experience with economic restructuring, Waterbury by focusing on the politics of privatization. Joan Nelson analyzes the politics of income distribution in the adjustment process, and Haggard and Kaufman investigate the political correlates of inflation and stabilization. A final essay assesses the prospects for combining market-oriented reforms with political democratization.

The Political Economy of Transnational Tax Reform

The Political Economy of Transnational Tax Reform PDF Author: W. Elliot Brownlee
Publisher: Cambridge University Press
ISBN: 1107355486
Category : Business & Economics
Languages : en
Pages : 689

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Book Description
This volume of essays explores the history of the US tax mission to Japan during the occupation following World War II. Under General MacArthur, economist Carl S. Shoup led the mission with the charge of framing a tax system for Japan designed to strengthen democracy and accelerate economic recovery. The volume examines the sources, conduct and effects of the mission and situates the mission within the history of international financial and fiscal reform. The book begins by establishing the context of progressive social investigations of taxation, including Shoup's earlier tax missions to France and Cuba. It then goes on to explore the Japanese background to the Shoup mission and the process by which American and Japanese tax experts shaped their recommendations. The book then assesses and explains the mission's accomplishments in the context of the political economies of the United States and Japan. It concludes by analyzing the global implications of the mission, which became iconic among international tax reformers.