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Foreign Debt and Underdevelopment
This book is a study of the historical antecedents of Latin America's foreign debt, with a focus on Peru from 1930 to 1970. Written from the dependency theory perspective, the book attributes underdevelopment to chronic debt crises. It emphasizes the multilateral lending agencies' role in shaping Latin America's contemporary political economy, in cooperation with the U.S. government and multinational corporations and Latin America's local elites. This book presents a chapter in Peru's contemporary history targeted for students and scholars of Latin American studies, U.S. diplomatic history, international political economy, political science, and sociology of development. Contents: Preface; Introduction; Hemispheric Economic Integration and U.S. Foreign Policy: From the Good Neighbor Policy to the Alliance for Progress; Peru and Hemispheric Integration: From the Good Neighbor Policy to the Cold War; U.S.-Peru Financial Relations during the Odria Regime; Bankruptcy of Reformism: U.S.-Peru Financial Relations from Prado's Election to the Coup d'Etat of 1968; Conclusion; Notes; Bibliography; Index.
The Peruvian Economy
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Rómulo Ferrero
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Idea of the Middle Class
Examines the origins, lifestyles, and influence of the middle class in Peru during the first half of the 20th century. In their pursuit of protective legislation, higher pay, and better working conditions, white-collar workers, or empleados, recast long-standing cultural notions of rank and respectability. Their ideas inspired a series of legal reforms reinforcing the distinction between manual and nonmanual workers that became a permanent feature of Peruvian labor law and practice. Paper edition (unseen), $19.95. Annotation copyrighted by Book News, Inc., Portland, OR
Peru and the International Monetary Fund
Thomas Scheetz shows that the Internationaly Monetary Fund's approach in 1980s Peru did not addresses the roots of debt and financial crisis, but instead has instituted inadequate stopgap policies, which have caused great inequities because of incorrect or biased assumptions. He argues that policies to eliminate "excess demand" in fact harm the poor, and the support the rich.
The Money Doctor in the Andes
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...
