Speech Of The State Of The Union Before The American Congress By Monroe

Speech of the State of the Union before the American Congress by Monroe

The Monroe doctrine is considered one of the foreign policies exercised by the United States, promulgated in 1823 in the state of the State of the Union before the American Congress by James Monroe, president of the United States during 1817 and 1825, in this theProhibition of any attempt to colonization by Europe in the American continent, and in case this happened because it would be seen with the intervention of the United States, since in this doctrine all European attempt was rejected to resume the colonies in America that wereThey were managing to become independent, because it would be taken as an act of aggression since Europeans were looking for an attempt to recover their old territories, to which the United States did not suit him.

During the 18th century, the European continent was involved in conflicts due to different causes, in 1804 they began the Napoleonic wars, and later in 1808 Napoleon Bonaparte broke out of Spain and forces King Ferdinand VI to his brother José Bonaparte ascending the throne, consequently this thiswould generate in the years of 1810 and 1825 that in the Spanish colonies the independence process was encouraged.

In 1823, the authority of King Fernando VI was restored. The Monroe doctrine was directly a strategy of the North American country to prevent Spain or other European powers from the Old World to align to invade again the colonies that became independent or that were trying to become independent, so this greatly alarms the United States since they fearedThat their commercial opponents end with the territories of the Caribbean and South America, so the idea to be achieved was understandable, to prevent European powers from extending their commercial and political influence in the American colonies.

After the United States successfully reaching the Monroe doctrine, preventing colonization from again to Latin America is in debt to it, so it would later generate both favorable and unfavorable economic consequences for Latin America, as mentioned by the writer Bulmer-Thomas the storyEconomic of Latin America from La Independencia (1994, reissued in English in 2003). According to your point of view in the following text:

“… Independence offered two major advantages: free trade and access to international capital markets, which in the long term created opportunities for economic progress, but also caused a whole series of disadvantages that, in the short term, in themost republics exceeded benefits. Where costs could be minimized thanks to relatively safe borders, a stable government and healthy tax revenues (as in Chile), the first decades of independence were successful;Where the costs were exacerbated by territorial conflicts, political instability and fiscal crisis (as in Mexico), the economic crisis of the first two decades of the century could not be reversed.”(Bulmer-Thomas, 1994: 43-44)

In which it can be evidenceHe expected, in addition to the taxes proposed by other nations for export, however Bulmer-Thomas clarifies that Chile was one of the Latin American countries luckily that after its independence it achieves growth in GDP per capita about 1.5% annual annualthat exhibited to the United States, despite this we must take into account the expectations that were in the process of independence of the potential that the Latin American economy presented due to the Bourbon reforms, in which the feeling of independence and ofModern states.