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OverviewTracing the origins of recent Latin American debt problems to the financial politics of the immediate post-independence period, Thomas Millington argues that the failure of Latin American states to fund their internal debts made them dependent on foreign credit. Negative political and social consequences remain today, he says, and suggests that debt management should move toward a funded debt goal and away from the floating debt framework that is endemic in Latin America. He uses the funding experience in Bolivia to illustrate his thesis. Millington's work draws on the history of economic ideas and modern debt analysis and applies them to Latin American financial practices in their historical, social, and political contexts. By emphasising the politics of debt funding, he seeks to challenge other concepts of dependency and neocolonialism that dominate study of the immediate postindependence period. The book emerged from the author's experience of working on financial policy in the Bolivian Ministry of Finance in 1977-78 and on his extensive research in the Bolivian Archives, where he discovered evidence of the conflicts between liberal constituencies, as opposed to the external obstacles often cited in other studies. Full Product DetailsAuthor: Thomas MillingtonPublisher: University Press of Florida Imprint: University Press of Florida Volume: No. 79 Dimensions: Width: 15.20cm , Height: 1.40cm , Length: 22.80cm Weight: 0.333kg ISBN: 9780813011400ISBN 10: 081301140 Pages: 200 Publication Date: 31 August 1992 Audience: College/higher education , Undergraduate , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: Active Availability: Out of print, replaced by POD We will order this item for you from a manufatured on demand supplier. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |