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Author Toussaint, Eric.

Title Debt, the IMF, and the World Bank sixty questions, sixty answers / by Éric Toussaint and Damien Millet ; translated by Judith Abdel Gadir [and others].

Publication Info. New York : Monthly Review Press, [2010]
©2010

Copies

Location Call No. Status
 New Britain, Main Library - Non Fiction  336.34 TOU    Check Shelf
Description 364 pages : illustrations ; 21 cm
Note Millet's name appears first in the French ed.
Revised edition of: 60 questions-60 réponses sur la dette, le FMI et la banque mondiale / $c Damien Millet, Eric Toussaint. 2008.
Bibliography Includes bibliographical references.
Summary "Maintream economists tell us that developing countries will replicate the economic achievements of the rich countries if they implement the correct "free-market" policies. The authors 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. Ultimately, Toussaint and Millet advocate cancellation of all foreign debt for developing countries and provide arguments from a number of perspectives--legal, economic, moral."--Publisher.
Contents Human rights, development, and debt -- The origin of the debt in developing countries -- The debt crisis -- The IMF, the World Bank, and the logic of structural adjustment -- Other international players : the PARIS CLUB and the WTO -- The structure of developing countries' debt -- Deciphering the official discourse on debt relief -- The sham of the dominant model -- Debt cancellations and suspensions of payment in the past -- The case for canceling the debt of developing countries -- Issues raised by canceling the debt of the developing countries -- Constructing radical alternatives -- International campaign for debt cancellation.
Subject International Monetary Fund.
World Bank.
International Monetary Fund. (OCoLC)fst00556666
World Bank. (OCoLC)fst00531892
Debts, External -- Developing countries -- Miscellanea.
Debt relief -- Developing countries.
Developing countries -- Economic policy.
Debt relief. (OCoLC)fst00888793
Debts, External. (OCoLC)fst00888828
Economic policy. (OCoLC)fst00902025
Developing countries. (OCoLC)fst01242969
Genre/Form Trivia and miscellanea. (OCoLC)fst01921748
Trivia and miscellanea.
Added Author Millet, Damien.
Millet, Damien. 60 questions-60 réponses sur la dette, le FMI et la banque mondiale.
Added Title 60 questions, 60 râeponses sur la dette, le FMI et la Banque mondiale. English
ISBN 9781583672228 (paperback ; alkaline paper)
1583672222 (paperback ; alkaline paper)
9781583672235 (cloth ; alkaline paper)
1583672230 (cloth ; alkaline paper)
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