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This study of Peru's transformation from a tottering colonial economy based on extraction of precious bullion to a massive exporter of bulk goods like guano shows how a struggle between protectionists and free traders shaped the state. "This is an elegant and sophisticated book that can be read on many levels, written by an author who never takes the facile road. [Its] significance is great--not just for Peruvian history but for theoretical questions relating to dependency and economic history in nineteenth-century Latin America... Gootenberg has added a major new element to the dependency debate, one that is more intellectually satisfying than the sterile old argument about good guys and ba...
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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 p...