Voice and Vote for the Weaker Nations: Mexico’s Bretton Woods

Thornton, Christy

doi:10.1007/978-3-319-60891-4_9

Cited by 3 publications

(3 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…I contribute to the scant literature conceptualizing the mechanics of membership expansion by small or new intergovernmental organizations (IGOs) in the global South (Braveboy‐Wagner, 2009). I also add to the existing studies investigating LAC's influence on and interaction with MDBs (Helleiner, 2014; Thornton, 2017). I go beyond the academic literature's focus on Bretton Woods institutions to illumine how LAC agency has shaped and continues to shape non‐traditional IGOs headquartered in the global South.…”

Section: Pioneering a New Path: The Genesis And Evolution Of The Ndbmentioning

confidence: 99%

Latin American agency: The New Development Bank, Uruguay's accession and Brazilian influence

Méndez

2023

Global Policy

View full text Add to dashboard Cite

This study provides insight into the current evolution of the New Development Bank (NDB). It examines the role of the agency of the global South reshaping intergovernmental organizations (IGOs) in the case of Brazil's influence on the NDB to expand its membership. In that process, this article homes in on the admission of Uruguay to the NDB as a prospective member in September 2021, the first case of NDB expansion into Latin America and the Caribbean (LAC). The study shows that the membership negotiations between Montevideo and the Bank were less rigid and formal than the procedural norms of multilateral development banks (MDBs) of the North, thanks to the collaborative agency by the various LAC actors involved. It makes the case that Uruguay's accession to the NDB will produce numerous win‐win benefits for both the country and the Bank. It also argues that the membership will inspire the future accession of other countries in the LAC region to the Bank. The study adds to the scant literature which conceptualizes the mechanics of membership expansion by small or new IGOs. The piece also adds to existing studies investigating how LAC agency has previously shaped and continues to shape MDBs.

show abstract

Section: Pioneering a New Path: The Genesis And Evolution Of The Ndbmentioning

confidence: 99%

Latin American agency: The New Development Bank, Uruguay's accession and Brazilian influence

Méndez

2023

Global Policy

View full text Add to dashboard Cite

show abstract

“…Although opposition within US Congress prevented the establishment of this institution, the experience of its negotiation provided an important foundation for the subsequent Bretton Woods negotiations (in which Latin American countries played an important role) (Helleiner, : Ch. 2; Thornton, ).…”

Section: Haya's Path To Multilateral Development Financementioning

confidence: 99%

“…Like Sun, Latin American officials recognized that these strategies would benefit from external financial support, but they were critical of foreign private lenders and investors who were associated with instability and imperialist practices of the past. In this context, the IAB proposals emerged as a potential solution (Helleiner, ; Thornton, ). Latin American conceptions of what kinds of projects this institution could fund were also very similar to Sun's ideas.…”

Section: Haya's Path To Multilateral Development Financementioning

confidence: 99%

Multilateral Development Finance in Non‐Western Thought: From Before Bretton Woods to Beyond

Helleiner¹

2019

Development and Change

View full text Add to dashboard Cite

Recent initiatives of China and other emerging powers to create new multilateral development lending institutions (MDLIs) are often portrayed as efforts to build upon and/or reform an idea pioneered by Western officials during the Bretton Woods negotiations. However, recent literature has shown that support for MDLIs also had deeper non‐Western roots in the pre‐Bretton Woods era. What led thinkers outside the West to propose MDLIs in that earlier period? How might their ideas be relevant to current non‐Western initiatives to create new MDLIs? This article addresses these questions with a special focus on the ideas of China's Sun Yat‐sen (1866–1925) and Peru's Víctor Raúl Haya de la Torre (1895–1979). Although their intellectual journeys were quite distinct and their specific proposals differed, these two thinkers advocated the creation of MDLIs for similar reasons that stemmed from their anti‐imperialist sentiments. Their ideas find some echoes in current non‐Western initiatives.

show abstract

Latin America: Both Agent and Patient

Méndez

Turzi

2020

The Political Economy of China–Latin America Relations

View full text Add to dashboard Cite

Voice and Vote for the Weaker Nations: Mexico’s Bretton Woods

Cited by 3 publications

References 0 publications

Latin American agency: The New Development Bank, Uruguay's accession and Brazilian influence

Latin American agency: The New Development Bank, Uruguay's accession and Brazilian influence

Multilateral Development Finance in Non‐Western Thought: From Before Bretton Woods to Beyond

Latin America: Both Agent and Patient

Contact Info

Product

Resources

About