Archive for Loans Numbers

Financial obligation through the 1960s and 70s

The procedure had been duplicated following the World that is second War once the Latin American nations had need of capital to invest in their development and first Asian, then African, colonies gained independency. Your debt ended up being the major tool used to impose neocolonialist relations. It became frowned upon to make use of force against a debtor nation, and brand new means of coercion had to be discovered. Read more