The CIA intervened regularly in Latin America politics during the Cold War, in some cases going asfar as bringing about regime change. While these interventions may have been considered successful from the US perspective, it is less clear what the economic and political consequences were for the...

The CIA intervened regularly in Latin America politics during the Cold War, in some cases going as far as bringing about regime change. We study the economic, political, and civil society effects of CIA-sponsored regime change in five Latin American countries and find that these actions caused...

The results show that government consumption spending has a differential effect on human and physical capital. Increases in government expenditures on consumption raise average primary education levels and lower the average per worker stock of physical capital. Climate also has a differential...