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10 - PEOPLE/(N-S)/Galo Plaza.md
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@ -47,7 +47,7 @@ On the [[Rio Protocol of 1942]], Plaza's record was more complicated than a simp
The banana boom dominated Plaza's economic legacy. When he took office in 1948, Ecuador was exporting approximately 3.8 million banana clusters annually; by 1952, exports had reached 16.7 million clusters, a 421 percent increase, driven in part by diseases devastating Central American plantations and redirecting United States market demand to Ecuador. Plaza promoted this expansion actively, with [[IBEC]] (International Basic Economy Corporation), a [[Rockefeller Brothers]] venture, advising on development programs. The [[Standard Fruit and Steamship Company]], whose stock [[Chase Manhattan Bank]] transferred, expanded its Ecuadorian operations as a result.[^2]
Plaza's connection to the banana industry extended beyond his presidency. In 1958, alongside [[National Planning Association]] researcher [[Stacy May]], he co-authored "The United Fruit Company in Latin America," a study published by the National Planning Association that drew on access to United Fruit's internal records. May had run the Statistics Division of the U.S. War Production Board during World War II. The book covered United Fruit's operations in Guatemala, Honduras, Costa Rica, Panama, Ecuador, and Colombia, and was regarded as relatively factual rather than promotional in character.[^6]
Plaza's connection to the banana industry extended beyond his presidency. In 1958, alongside [[National Planning Association]] researcher [[Stacy May]], he co-authored "The United Fruit Company in [[Latin America]]," a study published by the National Planning Association that drew on access to United Fruit's internal records. May had run the Statistics Division of the U.S. War Production Board during World War II. The book covered United Fruit's operations in Guatemala, Honduras, Costa Rica, Panama, Ecuador, and Colombia, and was regarded as relatively factual rather than promotional in character.[^6]
### Summer Institute of Linguistics