Winner of the Society for Historians of American Foreign Relations Robert H. Ferrell Book Prize Financial Missionaries to the World establishes the broad scope and significance of "dollar diplomacy"—the use of international lending and advising—to early-twentieth-century U.S. foreign policy. Combining diplomatic, economic, and cultural history, the distinguished historian Emily S. Rosenberg shows how private bank loans were extended to leverage the acceptance of American financial advisers by foreign governments. In an analysis striking in its relevance to contemporary debates over international loans, she reveals how a practice initially justified as a progressive means to extend “civilization” by promoting economic stability and progress became embroiled in controversy. Vocal critics at home and abroad charged that American loans and financial oversight constituted a new imperialism that fostered exploitation of less powerful nations. By the mid-1920s, Rosenberg explains, even early supporters of dollar diplomacy worried that by facilitating excessive borrowing, the practice might induce the very instability and default that it supposedly worked against. "[A] major and superb contribution to the history of U.S. foreign relations. . . . [Emily S. Rosenberg] has opened up a whole new research field in international history."—Anders Stephanson, Journal of American History "[A] landmark in the historiography of American foreign relations."—Melvyn P. Leffler, author of A Preponderence of Power: National Security, the Truman Administration, and the Cold War "Fascinating."—Christopher Clark, Times Literary Supplement

The history of "dollar diplomacy," using US financial clout to influence the actions of foreign governments.

Trade and Finance in Global Missions (16th-18th Centuries) is a collection of articles analysing the interplay between economic and Catholic missions in the early modern period and in the global context of Christian expansion.

In this exciting and fast moving narrative, K.P. Yohannan shares how God brought him from his remote Indian village to become the founder of Gospel for Asia. Drawing from fascinating true stories and eye opening statistics, K.P. challenges Christians to examine and change their lifestyles in view of millions who have never heard the Gospel. Gospel for Asia has more than 16,000 national missionaries in the heart of the 10/40 window, operates 54 Bible colleges with more than 9,000 students, and heads up a church planting movement that pioneers an average of 10 new fellowships every day. - Back cover.

In examining the economic and cultural trs that expressed America's expansionist impulse during the first half of the twentieth century, Emily S. Rosenberg shows how U.S. foreign relations evolved from a largely private system to an increasingly public one and how, soon, the American dream became global.

American Society of Missiology series, no. 15.

The more things change, the more they remain the same: the image of David Livingstone toiling in Africa has been replaced by the image of a well-dressed World Bank bureaucrat travelling by jet, dropping in to consult with governments in the developing world before returning home. Likewise, the tools of missionary work have changed. While the promise of betterment and salvation remains, a testament that talks about planning mechanisms, performance indicators and financial reports has replaced the Bible. Through a study of education reform in Latin America, this book examines how these financial missions "work" and the intended and unintended consequences. Book jacket.