The World's Biggest Deadbeat

Kinzer, Stephen
April 1979
New Republic;4/21/79, Vol. 180 Issue 16, p14
Explains that Peru negotiated with international banks and the International Monetary Fund to prevent a major default of external debt by a sovereign nation. Imposition of austerity measures that lead to popular unrest and consequent repression; Failure of a revolution to make lasting changes; Failure of the military regime to harness the nation's resources and mobilize citizens; Center for Higher Military Studies' influence on soldiers' thinking.


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