Debt, the Imf, and the World Bank : Sixty Questions, Sixty Answers

Damien Millet

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Language: English

Published by Monthly Review Press Sep 2010, 2010

1583672222 / 9781583672228

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Neuware - Mainstream economists tell us that developing countries will replicate the economic achievements of the rich countries if they implement the correct 'free-market"policies. But scholars and activists Toussaint and Millet demonstrate that this is patently false. Drawing on a wealth of detailed evidence, they explain how developed economies have systematically and deliberately exploited the less-developed economies by forcing them into unequal trade and political relationships. Integral to this arrangement are the international economic institutions ostensibly created to safeguard the stability of the global economythe International Monetary Fund (IMF) and the World Bankand the imposition of massive foreign debt on poor countries. The authors explain in simple language, and ample use of graphics, the multiple contours of this exploitative system, its history, and how it continues to function in the present day.Ultimately, Toussaint and Millet advocate cancellation of all foreign debt for developing countries and provide arguments from a number of perspectiveslegal, economic, moral. Presented in an accessible and easily-referenced question and answer format, Debt, the IMF, and the World Bank is an essential tool for the global justice movement.

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Title
Debt, the Imf, and the World Bank : Sixty Questions, Sixty Answers
Author
Damien Millet
Publisher
Monthly Review Press Sep 2010
Publication year
2010
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
1583672222
ISBN 13
9781583672228
Item weight
426 grams
Dimensions
209x139x28 mm

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