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Banking Southern Cone Dictatorships

In: Big Business and Dictatorships in Latin America

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  • Juan Pablo Bohoslavsky

    (Universidad Nacional de Río Negro)

Abstract

This chapter studies the role the financial actors—multilateral, bilateral, and private creditors—played in the context of the dictatorships in Argentina, Brazil, Chile, and Uruguay. While, at some point, all these lenders supported the economic and political survival of the Southern Cone dictatorial regimes, the assistance of the private international financial sector (foreign commercial banks), in particular, was key as it became the main lender to the regimes starting in 1977, when the Carter administration and some European countries limited the official or publicly backed loans to those dictatorships in an effort to pressure them to decrease their human rights violations.

Suggested Citation

  • Juan Pablo Bohoslavsky, 2021. "Banking Southern Cone Dictatorships," Palgrave Studies in Latin American Heterodox Economics, in: Victoria Basualdo & Hartmut Berghoff & Marcelo Bucheli (ed.), Big Business and Dictatorships in Latin America, chapter 0, pages 185-214, Palgrave Macmillan.
    • Handle: RePEc:pal:pslchp:978-3-030-43925-5_7
    DOI: 10.1007/978-3-030-43925-5_7
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