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      Imperialism and the Developing World: How Britain and the United States Shaped the Global Periphery How Britain and the United States Shaped the Global Periphery 

      Seeking Influence Abroad

      Oxford University Press

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          Abstract

          Born an anticolonial nation, the United States burst upon the global scene as an imperial power at the end of the nineteenth century. This chapter analyzes the American expansion into the Caribbean, Central America, and Pacific Asia. When the United States became a major industrial power in the late nineteenth century, it sought profit and power overseas, especially new economic opportunities. The United States experimented with colonialism but settled on creating stable but subservient regimes in peripheral countries as the main mechanism of control. Benefits to the United States included gains in trade, opportunities for foreign investments, and profitable loans. Countries under US influence, including the Philippines, Cuba, and Nicaragua, experienced some economic growth but became commodity exporters with sharp inequalities and poor-quality governments.

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          9780190069629
          9780190069650
          March 26 2020
          February 20 2020
          Book Chapter
          March 26 2020
          February 20 2020
          : 209-253
          10.1093/oso/9780190069629.003.0005

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