Saturday, September 28, 2013

Intervention and Economic Penetration: The Case of the Dominican Republic


Moreno, José A., Intervention and Economic Penetration: The Case of the Dominican Republic, CLAS Occasional Paper, No. 13, January, 1976.

From the author’s introduction:
I will analyze the various strategies that have been used by the American government since 1966 to achieve these objectives within a general theory of dependence (Frank, 1969; Cardoso, 1971). It is my intention to demonstrate that both American foreign aid and military assistance to the Dominican Republic were channeled toward the stabilization and perpetuation in power of the oligarchic groups, and the prevention and suppression of a revolutionary uprising. The implementation of such policy would prevent the emergence in the Caribbean of governments hostile to the U.S. and create for American private interests a buffer zone for economic exploitation near home. Thus economic penetration provided profits for American investors, and furnished economic motivations for future American interventionist policies.

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