Debt, the Imf, and the World Bank: Sixty Questions, Sixty Answers Contributor(s): Toussaint, Eric (Author), Millet, Damien (Author) |
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ISBN: 1583672230 ISBN-13: 9781583672235 Publisher: Monthly Review Press OUR PRICE: $88.11 Product Type: Hardcover - Other Formats Published: September 2010 |
Additional Information |
BISAC Categories: - Political Science | Public Policy - Economic Policy - Business & Economics | International - Economics - Business & Economics | Banks & Banking |
Dewey: 336.343 |
LCCN: 2010033420 |
Physical Information: 1.1" H x 5.6" W x 8.2" (1.14 lbs) 304 pages |
Themes: - Cultural Region - Developing World |
Descriptions, Reviews, Etc. |
Publisher Description: 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 economy--the International Monetary Fund (IMF) and the World Bank--and 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. |
Contributor Bio(s): Millet, Damien: - Damien Millet teaches mathematics and is spokespersonfor CADTM France. He is the author of L'Afrique sans dette and co-author with Eric Toussaint of Tsunami Aid or Debt Cancellation. Toussaint, Eric: -éric Toussaint, a doctor in political science, is president of the Committee for the Abolition of Third World Debt, CADTM Belgium. He is author of A Diagnosis of Emerging Global Crisis and Alternatives and The World Bank: A Critical Primer, among other books. |