The Money Doctor in the Andes is an account of the technical assistance missions to five Andean republics--Colombia, Ecuador, Chile, Bolivia, and Peru--undertaken by Princeton University economist Edwin Walter Kemmerer during the 1920s. Drake demonstrates that in each case the Kemmerer mission recommended an identical series of monetary, fiscal, and banking reforms, adding occasional recommendations on everything from administrative reorganization to penal code reform as local circumstances seemed to warrant. In each case, too, local legislatures adopted all the main Kemmerer proposals virtually without debate or modifications. Drake links the Kemmerer missions to vital developments in the political economic history of the Andean republics in the interwar period. He analyzes the domestic interest groups and political forces whose convergent strategies gave the Kemmerer missions their remarkable record in achieving local success for the reforms proposed. Second, Drake situates the Kemmerer missions at the center of a process of political modernization that created new institutions and policy agencies in each of the five countries; the missions thereby contributed to the expansion of the central government as an agent of development in ways that later differed sharply from Kemmerer's orthodox policies. Finally, The Money Doctor in the Andes regards developments in the Andean countries in the context of the region's developing economic ties to the United States. Expectations that Kemmerer's plans would simultaneously attract foreign capital and control inflation drew support from sectors as diverse as trade unions and landowners. When the Depression deepened, Kemmerer's policies proved counterproductive and the fragile consensus that had installed them fell apart, but the political and administrative reforms endured--with far-reaching consequences.

"Selected bibliography" at end of each chapter.

This book is not about getting rich quickly but about getting and staying rich wisely. Join Jay Kemmerer, a financial expert for over two decades, as he shares the best tips he has found from twelve of the top money masters in the world. These tips have helped make his clients and their businesses a success. Experience the wisdom from these proven experts as they share how they overcame common financial mistakes in their own businesses in order to help you become more financially savvy. Even if you're already knowledgeable about basic economic principles and financial management, these experts can still help you steer clear of major financial mistakes almost everyone makes. Regardless of the economic cycle or business climate you are currently living in there are financial opportunities that you can take advantage of today. The stories shared throughout this book will help you learn, adopt, and practice the skills of creating, adhering to, building, managing, and maintaining your own financial wealth and independence This is a book that keeps on giving. Why? It's actually 13 books in one because of the twelve money experts' insights shared coupled with Jay's decades of wisdom. In other words, this is a book you will want to consider as a gift to all the special people in your life.

This book, first published in 1934, provides a discussion of the important facts and underlying principles of the financial problems that the American people were facing after the Great Depression. The title includes discussions of gold and paper standards, Germany’s inflation, the silver question and debtor and creditor relationships. This title will be of interest to students of monetary economics and the history of economic thought.