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The Empire TrapThe Rise and Fall of U.S. Intervention to Protect American Property Overseas, 1893-2013$
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Noel Maurer

Print publication date: 2013

Print ISBN-13: 9780691155821

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691155821.001.0001

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The Success of the Empire Trap

The Success of the Empire Trap

Nine The Success of the Empire Trap
The Empire Trap

Noel Maurer

Princeton University Press

This chapter examines how American pressure obtained fair compensation for the vast majority of natural resource investors. There was one other difference between the Cold War-era empire and its pre-Depression predecessor: in the second empire, the United States essentially gave up trying to directly alter the domestic institutions of foreign countries. There would be massive aid programs, and American advisers would become omnipresent in places like South Vietnam, but once the occupation governments were withdrawn there would be no more “fiscal receiverships” or occupations—save for a few brief months in the Dominican Republic and mere days in Grenada and Panama. Where the United States did take a more active role, it had little to do with the protection of American property rights and more to do with the containment of Communist expansion.

Keywords:   American pressure, fair compensation, Cold War empire, pre-Depression era, aid programs, American advisers, Communist expansion

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