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World Bank’s Missions in Colombia: Rojas’ Regime, Domestic Opposition, and International Economists (1949–1957)

Research in the History of Economic Thought and Methodology: Including a Symposium on Economists and Authoritarian Regimes in the 20th Century

ISBN: 978-1-83867-704-6, eISBN: 978-1-83867-703-9

ISSN: 0743-4154

Publication date: 10 July 2020

Abstract

This chapter focuses on the international development plans implemented in Colombia during the regime of Gustavo Rojas Pinilla (1953–1957). It argues that foreign economists and international agencies, such as the World Bank, played a significant role in supporting and strengthening local leaders opposing the regime. By analyzing the creation of the Cauca Valley Corporation in 1955, through the intervention of the former chair of the Tennessee Valley Authority (TVA) David Lilienthal, this study provides two main contributions to the literature on economists and political economy under authoritarian rule. Firstly, it illuminates how local groups mobilized international economists to contrast Rojas. Secondly, it analyses the evolving relationship between World Bank advisors, David Lilienthal, and the regime. After describing the consolidation of political and economic interest groups and their global connections before Rojas coup d’état, it focuses on Rojas’ regime and on how it affected the implementation of the World Bank development started with the General Survey Mission in 1949. In the Cauca Department, local leaders invoked the World Bank and Lilienthal to implement a TVA model in opposition with the central government.

Keywords

Citation

Grandi, E. (2020), "World Bank’s Missions in Colombia: Rojas’ Regime, Domestic Opposition, and International Economists (1949–1957)", Fiorito, L., Scheall, S. and Suprinyak, C.E. (Ed.) Research in the History of Economic Thought and Methodology: Including a Symposium on Economists and Authoritarian Regimes in the 20th Century (Research in the History of Economic Thought and Methodology, Vol. 38B), Emerald Publishing Limited, Bingley, pp. 55-73. https://doi.org/10.1108/S0743-41542020000038B004

Publisher

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Emerald Publishing Limited

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