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Debt is political: Why wealth flows from poor to rich

Geopolitical Economy Report

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The Origins and Implications of Financial Colonialism in Latin America

This chapter explores the concept of financial colonialism, tracing its origins to the mid-1960s through the lens of banking practices in Latin America. It highlights the political motivations behind U.S. lending, leading to a pervasive debt crisis across the region by the early 1980s.

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