International Financial Institutions and Latin American Development

Wolfgang König
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Wolfgang König: Catholic University of America

Chapter 5 in Latin America in the International Economy, 1973, pp 116-168 from Palgrave Macmillan

Abstract: Abstract Organisations of all kinds are now participating in the expanding system of international economic co-operation. The distinguishing feature of the financial institutions is that their output is more than verbal; for that reason they are often considered, and perhaps have become, the most effective mechanisms for multilateral collaboration. They are receiving and transmitting mechanisms, even though their members have conflicting interests, differing degrees of power, and substantial bilateral financial relations. As far as Latin American development is concerned, we might consider these international financial institutions to be not only independent variables, but also mechanisms shaped by the demands of that development.

Keywords: Development Finance; Latin American Country; Recipient Country; Economic Dependence; External Finance (search for similar items in EconPapers)
Date: 1973
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-01728-7_5

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DOI: 10.1007/978-1-349-01728-7_5

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