Exporting capitalism: private enterprise and US foreign policy
The first comprehensive history of America's attempts to promote international development by exporting private enterprise, a story marked by frequent failure and occasional success. Foreign aid is a primary tool of US foreign policy, but direct financial support and ventures like the Peace Cor...
Gespeichert in:
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Massachusetts ; London, England
Harvard University Press
2022
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| Schlagworte: | |
| Online-Zugang: | BSB01 UBR01 FHA01 Volltext |
| Zusammenfassung: | The first comprehensive history of America's attempts to promote international development by exporting private enterprise, a story marked by frequent failure and occasional success. Foreign aid is a primary tool of US foreign policy, but direct financial support and ventures like the Peace Corps constitute just a sliver of the American global development pie. Since the 1940s, the United States has relied on the private sector to carry out its ambitions in the developing world. This is the first full account of what has worked and, more often, what has failed in efforts to export American-style capitalism. Ethan Kapstein draws on archival sources and his wide-ranging experience in international development to provide penetrating case studies from Latin America and East Asia to the former Soviet Union, Afghanistan, and Iraq. After WWII the Truman and Eisenhower administrations urged US companies to expand across the developing world. But corporations preferred advanced countries, and many developing nations, including Taiwan and South Korea, were cool to foreign investment. The Cold War made exporting capitalism more important than ever, even if that meant overthrowing foreign governments. The fall of the Soviet Union brought new opportunities as the United States promoted privatization and the bankrolling of local oligarchs. Following the invasions of Afghanistan and Iraq, the United States had blank slates for building these economies, but ongoing conflict eroded such hopes. Kapstein's sobering history shows that private enterprise is no substitute for foreign aid. Investors are often unwilling to put capital at risk in unstable countries. Only in settings with stable governments and diverse economic elites can private enterprise take root. These lessons are crucial as the United States challenges China for global influence |
| Beschreibung: | 1 Online-Ressource (xii, 291 Seiten) Diagramme |
| ISBN: | 9780674276284 9780674276277 |
| DOI: | 10.4159/9780674276284 |
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| 520 | |a The first comprehensive history of America's attempts to promote international development by exporting private enterprise, a story marked by frequent failure and occasional success. Foreign aid is a primary tool of US foreign policy, but direct financial support and ventures like the Peace Corps constitute just a sliver of the American global development pie. Since the 1940s, the United States has relied on the private sector to carry out its ambitions in the developing world. This is the first full account of what has worked and, more often, what has failed in efforts to export American-style capitalism. Ethan Kapstein draws on archival sources and his wide-ranging experience in international development to provide penetrating case studies from Latin America and East Asia to the former Soviet Union, Afghanistan, and Iraq. After WWII the Truman and Eisenhower administrations urged US companies to expand across the developing world. But corporations preferred advanced countries, and many developing nations, including Taiwan and South Korea, were cool to foreign investment. The Cold War made exporting capitalism more important than ever, even if that meant overthrowing foreign governments. The fall of the Soviet Union brought new opportunities as the United States promoted privatization and the bankrolling of local oligarchs. Following the invasions of Afghanistan and Iraq, the United States had blank slates for building these economies, but ongoing conflict eroded such hopes. Kapstein's sobering history shows that private enterprise is no substitute for foreign aid. Investors are often unwilling to put capital at risk in unstable countries. Only in settings with stable governments and diverse economic elites can private enterprise take root. These lessons are crucial as the United States challenges China for global influence | ||
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| spelling | Kapstein, Ethan B. 1953- Verfasser (DE-588)141277092 aut Exporting capitalism private enterprise and US foreign policy Ethan B. Kapstein Cambridge, Massachusetts ; London, England Harvard University Press 2022 1 Online-Ressource (xii, 291 Seiten) Diagramme txt rdacontent c rdamedia cr rdacarrier The first comprehensive history of America's attempts to promote international development by exporting private enterprise, a story marked by frequent failure and occasional success. Foreign aid is a primary tool of US foreign policy, but direct financial support and ventures like the Peace Corps constitute just a sliver of the American global development pie. Since the 1940s, the United States has relied on the private sector to carry out its ambitions in the developing world. This is the first full account of what has worked and, more often, what has failed in efforts to export American-style capitalism. Ethan Kapstein draws on archival sources and his wide-ranging experience in international development to provide penetrating case studies from Latin America and East Asia to the former Soviet Union, Afghanistan, and Iraq. After WWII the Truman and Eisenhower administrations urged US companies to expand across the developing world. But corporations preferred advanced countries, and many developing nations, including Taiwan and South Korea, were cool to foreign investment. The Cold War made exporting capitalism more important than ever, even if that meant overthrowing foreign governments. The fall of the Soviet Union brought new opportunities as the United States promoted privatization and the bankrolling of local oligarchs. Following the invasions of Afghanistan and Iraq, the United States had blank slates for building these economies, but ongoing conflict eroded such hopes. Kapstein's sobering history shows that private enterprise is no substitute for foreign aid. Investors are often unwilling to put capital at risk in unstable countries. Only in settings with stable governments and diverse economic elites can private enterprise take root. These lessons are crucial as the United States challenges China for global influence In English Geschichte 1945-2018 gnd rswk-swf POLITICAL SCIENCE / Globalization bisacsh Capitalism Developing countries History 20th century Capitalism Developing countries History 21st century Investments, American Developing countries History 20th century Investments, American Developing countries History 21st century Außenhandel (DE-588)4003832-4 gnd rswk-swf Multinationales Unternehmen (DE-588)4075092-9 gnd rswk-swf Kapitalismus (DE-588)4029577-1 gnd rswk-swf Außenpolitik (DE-588)4003846-4 gnd rswk-swf USA (DE-588)4078704-7 gnd rswk-swf USA (DE-588)4078704-7 g Multinationales Unternehmen (DE-588)4075092-9 s Außenpolitik (DE-588)4003846-4 s Außenhandel (DE-588)4003832-4 s Kapitalismus (DE-588)4029577-1 s Geschichte 1945-2018 z DE-604 Erscheint auch als Druck-Ausgabe, Hardcover 978-0-674-25163-2 https://doi.org/10.4159/9780674276284?locatt=mode:legacy Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Kapstein, Ethan B. 1953- Exporting capitalism private enterprise and US foreign policy POLITICAL SCIENCE / Globalization bisacsh Capitalism Developing countries History 20th century Capitalism Developing countries History 21st century Investments, American Developing countries History 20th century Investments, American Developing countries History 21st century Außenhandel (DE-588)4003832-4 gnd Multinationales Unternehmen (DE-588)4075092-9 gnd Kapitalismus (DE-588)4029577-1 gnd Außenpolitik (DE-588)4003846-4 gnd |
| subject_GND | (DE-588)4003832-4 (DE-588)4075092-9 (DE-588)4029577-1 (DE-588)4003846-4 (DE-588)4078704-7 |
| title | Exporting capitalism private enterprise and US foreign policy |
| title_auth | Exporting capitalism private enterprise and US foreign policy |
| title_exact_search | Exporting capitalism private enterprise and US foreign policy |
| title_exact_search_txtP | Exporting capitalism private enterprise and US foreign policy |
| title_full | Exporting capitalism private enterprise and US foreign policy Ethan B. Kapstein |
| title_fullStr | Exporting capitalism private enterprise and US foreign policy Ethan B. Kapstein |
| title_full_unstemmed | Exporting capitalism private enterprise and US foreign policy Ethan B. Kapstein |
| title_short | Exporting capitalism |
| title_sort | exporting capitalism private enterprise and us foreign policy |
| title_sub | private enterprise and US foreign policy |
| topic | POLITICAL SCIENCE / Globalization bisacsh Capitalism Developing countries History 20th century Capitalism Developing countries History 21st century Investments, American Developing countries History 20th century Investments, American Developing countries History 21st century Außenhandel (DE-588)4003832-4 gnd Multinationales Unternehmen (DE-588)4075092-9 gnd Kapitalismus (DE-588)4029577-1 gnd Außenpolitik (DE-588)4003846-4 gnd |
| topic_facet | POLITICAL SCIENCE / Globalization Capitalism Developing countries History 20th century Capitalism Developing countries History 21st century Investments, American Developing countries History 20th century Investments, American Developing countries History 21st century Außenhandel Multinationales Unternehmen Kapitalismus Außenpolitik USA |
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