The International Monetary Fund and Latin America the Argentine puzzle in context

The International Monetary Fund (IMF) has played a critical role in the global economy since the postwar era. But, claims the author, behind the strictly economic aspects of the IMF's intervention, there are influential interactions between IMF technocrats and local economists - even when count...

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Bibliographic Details
Main Author: Kedar, Claudia
Format: eBook
Language:English
Published: Philadelphia, Pennsylvania Temple University Press [2013], 2013
Subjects:
Online Access:
Collection: JSTOR Open Access Books - Collection details see MPG.ReNa
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505 0 |a Introduction -- Multilateralism from the Margins : Latin America and the Founding of the IMF, 1942-1945 -- It Takes Three to Tango : Argentina, the Bretton Woods Institutions, and the United States, 1946-1956 -- Dependency in the Making : The First Loan Agreement and the Consolidation of the Formal Relationship with the IMF, 1957-1961 -- Fluctuations in the Routine of Dependency : Argentine-IMF Relations in a Decade of Political Instability, 1962-1972 -- All Regimes Are Legitimate : The IMF's Relations with Democracies and Dictatorships, 1973-1982 -- Routine of Dependency or Routine of Detachment? : Looking for a New Model of Relations with the IMF -- Conclusions 
505 0 |a Includes bibliographical references (pages [191]-243) and index 
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520 |a The International Monetary Fund (IMF) has played a critical role in the global economy since the postwar era. But, claims the author, behind the strictly economic aspects of the IMF's intervention, there are influential interactions between IMF technocrats and local economists - even when countries are not borrowing money. In this book, the author seeks to expose the motivations and constraints of the operations of both the IMF and borrowers. With access to never-before-seen archive materials, the author reveals both the routine and behind-the-scenes practices that have depicted International Monetary Fund-Latin American relations in general and the asymmetrical IMF-Argentina relations in particular. The author also analyzes the "routine of dependency" that characterizes IMF-borrower relations with several Latin American countries such as Chile, Peru, and Brazil. This book shows how debtor countries have adopted IMF's policies during past decades and why Latin American leaders largely refrain from knocking at the IMF's doors again. -- Provided by publisher