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The Big Ditch : How America Took, Built, Ran, and Ultimately Gave Away the Panama Canal by Noel Maurer & Carlos Yu is a nonfiction available to read on EtoBox.

What is The Big Ditch : How America Took, Built, Ran, and Ultimately Gave Away the Panama Canal about?

An incisive economic and political history of the Panama Canal On August 15, 1914, the Panama Canal officially opened for business, forever changing the face of global trade and military power, as well as the role of the United States on the world stage. The Canal's creation is often seen as an example of U.S. triumphalism, but Noel Maurer and Carlos Yu reveal a more complex story. Examining the Canal's influence on Panama, the United States, and the world, The Big Ditch deftly chronicles the economic and political history of the Canal, from Spain's earliest proposals in 1529 through the final handover of the Canal to Panama on December 31, 1999, to the present day. The authors show that the Canal produced great economic dividends for the first quarter-century following its opening, despite massive cost overruns and delays. Relying on geographical advantage and military might, the United States captured most of these benefits. By the 1970s, however, when the Carter administration negotiated the eventual turnover of the Canal back to Panama, the strategic and economic value of the Canal had disappeared. And yet, contrary to skeptics who believed it was impossible for a fledgling n

Who reads The Big Ditch : How America Took, Built, Ran, and Ultimately Gave Away the Panama Canal?

Author

Noel Maurer & Carlos Yu

Publisher

Princeton University Press

Published

2011

Language

EN

ISBN

9781400836284

Category

nonfiction

Subjects

History, Business, Language Learning