Slippery Alliances in Central America: Multinationals, Dictators, and (Under) Development Policies

Marcelo Bucheli

doi:10.1007/978-3-030-43925-5_14

Slippery Alliances in Central America: Multinationals, Dictators, and (Under) Development Policies

Research output: Chapter in Book/Report/Conference proceeding › Chapter

Abstract

The Central American authoritarian regimes have long been considered the quintessential examples of “puppets” of American interests in the region. This chapter studies the evolving relationship between dictators and foreign capital in Central America. I argue that the alliance between those regimes and foreign capital was not determined by ideological affinities but rather by foreign capital’s capability of bringing stability and personal enrichment to the rulers. Once the multinationals could no longer offer these benefits, the dictators broke the alliance and even realigned themselves with those who opposed the multinationals. The 1974 oil crisis marked the breaking point.

Original language	English (US)
Title of host publication	Big Business and Dictatorships in Latin America
Subtitle of host publication	A Transnational History of Profits and Repression
Editors	Victoria Basualdo, Hartmut Berghoff, Marcelo Bucheli
Publisher	Palgrave Macmillan
Chapter	14
Pages	373-397
ISBN (Electronic)	9783030439255
ISBN (Print)	9783030439248, 9783030439279
DOIs	https://doi.org/10.1007/978-3-030-43925-5_14
State	Published - 2021

Publication series

Name	Palgrave Studies in Latin American Heterodox Economics
ISSN (Print)	2662-3943
ISSN (Electronic)	2662-3951

Online availability

10.1007/978-3-030-43925-5_14

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Big Business and Dictatorships in Latin America: A Transnational History of Profits and Repression
Basualdo, V. (Editor), Berghoff, H. (Editor) & Bucheli, M. (Editor), 2021, Palgrave Macmillan. 408 p. (Palgrave Studies in Latin American Heterodox Economics)
Research output: Book/Report/Conference proceeding › Book

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Bucheli, M. (2021). Slippery Alliances in Central America: Multinationals, Dictators, and (Under) Development Policies. In V. Basualdo, H. Berghoff, & M. Bucheli (Eds.), Big Business and Dictatorships in Latin America: A Transnational History of Profits and Repression (pp. 373-397). (Palgrave Studies in Latin American Heterodox Economics). Palgrave Macmillan. https://doi.org/10.1007/978-3-030-43925-5_14

Slippery Alliances in Central America: Multinationals, Dictators, and (Under) Development Policies. / Bucheli, Marcelo.
Big Business and Dictatorships in Latin America: A Transnational History of Profits and Repression. ed. / Victoria Basualdo; Hartmut Berghoff; Marcelo Bucheli. Palgrave Macmillan, 2021. p. 373-397 (Palgrave Studies in Latin American Heterodox Economics).

Research output: Chapter in Book/Report/Conference proceeding › Chapter

Bucheli, M 2021, Slippery Alliances in Central America: Multinationals, Dictators, and (Under) Development Policies. in V Basualdo, H Berghoff & M Bucheli (eds), Big Business and Dictatorships in Latin America: A Transnational History of Profits and Repression. Palgrave Studies in Latin American Heterodox Economics, Palgrave Macmillan, pp. 373-397. https://doi.org/10.1007/978-3-030-43925-5_14

Bucheli M. Slippery Alliances in Central America: Multinationals, Dictators, and (Under) Development Policies. In Basualdo V, Berghoff H, Bucheli M, editors, Big Business and Dictatorships in Latin America: A Transnational History of Profits and Repression. Palgrave Macmillan. 2021. p. 373-397. (Palgrave Studies in Latin American Heterodox Economics). doi: 10.1007/978-3-030-43925-5_14

Bucheli, Marcelo. / Slippery Alliances in Central America: Multinationals, Dictators, and (Under) Development Policies. Big Business and Dictatorships in Latin America: A Transnational History of Profits and Repression. editor / Victoria Basualdo ; Hartmut Berghoff ; Marcelo Bucheli. Palgrave Macmillan, 2021. pp. 373-397 (Palgrave Studies in Latin American Heterodox Economics).

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Slippery Alliances in Central America: Multinationals, Dictators, and (Under) Development Policies

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Research output

Big Business and Dictatorships in Latin America: A Transnational History of Profits and Repression

Cite this