Latin America, the Debt Crisis, and the International Monetary Fund

1989 ◽  
Vol 16 (1) ◽  
pp. 79-110 ◽  
Author(s):  
Manuel Pastor
Keyword(s):  
Latin America ◽  
International Monetary Fund ◽  
Debt Crisis ◽  
The International Monetary Fund

The Politics of Adjustment: Labor and the Venezuelan Debt Crisis

1986 ◽  
Vol 28 (4) ◽  
pp. 103-138 ◽  
Author(s):  
Jennifer L. McCoy
Keyword(s):  
Latin America ◽  
International Monetary Fund ◽  
Political Party ◽  
Debt Crisis ◽  
Wall Street ◽  
The Us ◽  
Rich Nation ◽  
The Wall Street Journal ◽  
Oil Wealth ◽  
The International Monetary Fund

In mid-1985, the US Embassy in Caracas stated that “Venezuela appears to have successfully coped with its financial crisis” (US Embassy, 1985). In January 1986, the Wall Street Journal announced thatVenezuela will become the first country in Latin America to sign a debt-refinancing agreement without mediation by the International Monetary Fund (IMF). Its success stands in stark contrast to the situation in another oil-rich nation, Mexico, where the ruling political party has seemed more interested in using the oil wealth to perpetuate the party's power than to secure the country's independence from the IMF (WSJ, 1986).

Salvador Allende and the International Monetary Fund, 1970–1973: TheDepoliticisationandTechnocratisationof Cold War Relations

2015 ◽  
Vol 47 (4) ◽  
pp. 717-747 ◽  
Author(s):  
CLAUDIA KEDAR
Keyword(s):  
Latin America ◽  
Cold War ◽  
International Monetary Fund ◽  
Salvador Allende ◽  
The Us ◽  
The Cold War ◽  
High Degree ◽  
The International Monetary Fund ◽  
The Imf

AbstractThis article unveils the continuous and productive relationship that developed between Chile and the IMF during Salvador Allende's presidency (1970–73). This counter-intuitive relationship was made possible by the systematicdepoliticisationandtechnocratisationof the ties between them. By downplaying ideological discrepancies and keeping a high degree of autonomy, the IMF and Chilean technocrats blurred rigid Cold War divides and circumvented the US-imposed embargo against Allende's regime. The examination of this relationship sheds new light on Allende's positioning in the international arena and provides a unique prism to reconsider dichotomist perceptions of the Cold War in Latin America.

The International Monetary Fund, Party System Institutionalization, and Protest in Latin America

2016 ◽  
Vol 58 (2) ◽  
pp. 26-48 ◽  
Author(s):  
Sergio Béjar ◽  
Juan Andrés Moraes
Keyword(s):  
Latin America ◽  
International Monetary Fund ◽  
Latin American ◽  
Party System ◽  
Theoretical Argument ◽  
Anecdotal Evidence ◽  
Main Hypothesis ◽  
Sponsored Programs ◽  
Party System Institutionalization ◽  
The International Monetary Fund

AbstractExtant studies have documented a positive correlation between country participation in International Monetary Fund–sponsored programs and collective protests in Latin America. However, anecdotal evidence indicates that there is a great deal of variation in the number of protests in recipient countries across the region. This article provides a theoretical argument that explains how the fund interacts with the level of party system institutionalization to affect the level of protest. The main prediction is that the level of protest decreases in recipient countries when the level of party system institutionalization is high. Empirical results from a sample of 16 Latin American democracies observed from 1982 to 2007 provide strong statistical and substantive support for the main hypothesis.

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