This book is a thorough and resourceful contribution for scholars interested in Latin American, and particularly Colombian, economic history. Sáenz offers a detailed, well-supported, and richly documented account of the years from 1950 to 1957, a crucial period in Colombia’s recent history. Beginning with the presidency of Conservative Laureano Gómez and ending with the ousting of Colombia’s only twentieth-century military ruler—Gustavo Rojas Pinilla—the book describes the evolution of the relation-ship between the powerful industrial association ANDI (Asociación Nacional de Empresarios de Colombia) and successive Colombian governments. It highlights key moments in the economic history of that decade, such as the first World Bank exploratory visit (under the leadership of economist Lauchlin Currie) to Latin America and the creation of the national oil company, ECOPETROL. It also emphasizes key issues that have consistently marked not only Colombian but also Latin American political debate, such as the extent and nature of state...

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