The United States and Latin America: Ambivalent Ties
- The United States and Latin America: Ambivalent Ties
Theodore Cohn is associate professor of political science at Simon Fraser University. He has published essays in Canada and International Trade (1985) in McGill University Studies in International Development (1985), and in The Political Economy of North-South Relations (1987). He has also recently completed a book, The International Politics of Agricultural Trade: Canadian-American Relations in a Global Agricultural Context, forthcoming from University of British Columbia Press.
Notes
1. Other examples of Rabe’s use of the term are found on 123 and 154.
2. Some articles on the debt crisis have been explicitly historical. For example, see Albert Fishlow, “Lessons from the Past: Capital Markets During the 19th Century and the Interwar Period,” International Organization, 39 (Summer 1985), 383–439. However, Stallings has written a more detailed study of banking behaviour over a lengthy period.
3. Portfolio or indirect investment involves the provision of capital where the investors do not have a controlling interest in the company.
4. Benjamin J. Cohen, “International Debt and Linkage Strategies: Some Foreign-Policy Implications for the United States.” International Organization, 39 (Autumn 1985), 725.
5. One exception is a short comment by Fred Jaspersen (Senior Economist, World Bank) defending the World Bank’s policies (263–268).
6. Carlos Manuel Castillo, in his study of Costa Rica, is more favourable to the U.S. role in the debt crisis than the other authors. For example, he states that “loans and grants were obtained from several friendly governments. Foremost was the United States” (223).
7. In contrast to the other writers, Jaspersen (of the World Bank) defends the Baker Plan, stating that “the amounts of money and the countries that are being referred to are not the limits, but rather are indicative” (264). In March 1989, Treasury Secretary Nicholas F. Brady announced a new U.S. initiative, “the Brady Plan.”
8. See Robert Gilpin, The Political Economy of International Relations (Princeton, 1987), Chapter 8.
