The debt trap :
Payer, Cheryl,
The debt trap : the IMF and the Third World / - Harmondsworth : Penguin, c1974. - xiii, 251 p. :
Includes bibliographical references and index.
There is no doubt that the World Bank and the International Monetary Fund, in close cooperation with the United States, represent the central agencies of power in the global political economy. This book proceeds from an examination of the foreign exchange crisis in which many Third World countries find themselves when they try to develop under capitalist auspices. It also examines the causes of such crises and the various strategies that can be followed to overcome them. Some
of these strategies will lead to greater self-reliance and autonomy by the countries concerned, and also to more egalitarian domestic economies. Others will lead to greater dependence, force the Third World countries deeper in
debt, and increase domestic inequalities. It further point out that in many cases this leads to such social tensions that military coups result, and repressive regimes are installed.
0140218440 :
International finance.
Finance
International Monetary Fund
Economic assistance
Developing countries
HG3881 / .P36 1974
332.152 / PAY
The debt trap : the IMF and the Third World / - Harmondsworth : Penguin, c1974. - xiii, 251 p. :
Includes bibliographical references and index.
There is no doubt that the World Bank and the International Monetary Fund, in close cooperation with the United States, represent the central agencies of power in the global political economy. This book proceeds from an examination of the foreign exchange crisis in which many Third World countries find themselves when they try to develop under capitalist auspices. It also examines the causes of such crises and the various strategies that can be followed to overcome them. Some
of these strategies will lead to greater self-reliance and autonomy by the countries concerned, and also to more egalitarian domestic economies. Others will lead to greater dependence, force the Third World countries deeper in
debt, and increase domestic inequalities. It further point out that in many cases this leads to such social tensions that military coups result, and repressive regimes are installed.
0140218440 :
International finance.
Finance
International Monetary Fund
Economic assistance
Developing countries
HG3881 / .P36 1974
332.152 / PAY