This book offers a new perspective in studying contemporary development. Part I explores how the ending of the cold war, shifting relations among capitalist powers, changing patterns of finance, and new ideological currents have altered development in four major third-world regions. Part II suggests how development options were molded by the dominant international power in each region: the United States in Latin America, Japan in East and Southeast Asia, and Europe with the international financial institutions in Africa. Part III provides a conceptual framework for analyzing regional...

This account of the interplay of politics and economics in Chile in three successive administrations ending with the 1973 coup suggests that social class plays a major role in determining the outcome of economic policies in Latin America. As the author demonstrates, the nature of the class alliance that controls the state apparatus in Chile, together with the actions of foreign capital, determines not only the type of economic policies followed, but their outcomes as well. A comparison of the three regimes of Jorge Alessandri (1958-64), Eduardo Frei (1964-70), and Salvador Allende (1970-73)...