Debt The Imf And The World Bank
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Debt The Imf And The World Bank
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Author : Eric Toussaint
language : en
Publisher: NYU Press
Release Date : 2010-09-01
Debt The Imf And The World Bank written by Eric Toussaint and has been published by NYU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-09-01 with Political Science categories.
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. Ultimately, Toussaint and Millet advocate cancellation of all foreign debt for developing countries and provide arguments from a number of perspectives—legal, 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.
Debt The Imf And The World Bank
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Author : Eric Toussaint
language : en
Publisher: NYU Press
Release Date : 2010-09-01
Debt The Imf And The World Bank written by Eric Toussaint and has been published by NYU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-09-01 with Business & Economics categories.
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. Ultimately, Toussaint and Millet advocate cancellation of all foreign debt for developing countries and provide arguments from a number of perspectives—legal, 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.
The Globalizers
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Author : Ngaire Woods
language : en
Publisher: Cornell University Press
Release Date : 2014-11-15
The Globalizers written by Ngaire Woods and has been published by Cornell University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-11-15 with Political Science categories.
The IMF and the World Bank have integrated a large number of countries into the world economy by requiring governments to open up to global trade, investment, and capital. They have not done this out of pure economic zeal. Politics and their own rules and habits explain much of why they have presented globalization as a solution to challenges they have faced in the world economy.—from the Introduction The greatest success of the International Monetary Fund and the World Bank has been as globalizers. But at whose cost? Would borrowing countries be better off without the IMF and World Bank? This book takes readers inside these institutions and the governments they work with. Ngaire Woods brilliantly decodes what they do and why they do it, using original research, extensive interviews carried out across many countries and institutions, and scholarship from the fields of economics, law, and politics. The Globalizers focuses on both the political context of IMF and World Bank actions and their impact on the countries in which they intervene. After describing the important debates between U.S. planners and the Allies in the 1944 foundation at Bretton Woods, she analyzes understandings of their missions over the last quarter century. She traces the impact of the Bank and the Fund in the recent economic history of Mexico, of post-Soviet Russia, and in the independent states of Africa. Woods concludes by proposing a range of reforms that would make the World Bank and the IMF more effective, equitable, and just.
Global Waves Of Debt
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Author : M. Ayhan Kose
language : en
Publisher: World Bank Publications
Release Date : 2021-03-03
Global Waves Of Debt written by M. Ayhan Kose and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-03 with Business & Economics categories.
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
50 Years Is Enough
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Author : Kevin Danaher
language : en
Publisher: South End Press
Release Date : 1994
50 Years Is Enough written by Kevin Danaher and has been published by South End Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.
As the World Bank and the International Monetary Fund (IMF) celebrate fifty years of economic dominion over the Third World, this reader brings the best progressive authors together to critique these two main proponents of neo-liberalism. 50 Years is Enough covers such topics as failed development projects, the feminization of poverty, the detruction of the environment, the internal workings of the World Bank and the IMF, and the struggle to build alternatives to neo-liberal policies.It also includes a guide to the many organizations involved in the struggle to reform the World Bank and the IMF.
Helping Developing Countries Address Public Debt Management Challenges An Imf World Bank Capacity Building Partnership
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Author : World Bank
language : en
Publisher: International Monetary Fund
Release Date : 2013-05-03
Helping Developing Countries Address Public Debt Management Challenges An Imf World Bank Capacity Building Partnership written by World Bank and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-05-03 with Business & Economics categories.
In 2009, the Boards of the IMF and World Bank jointly endorsed a capacity building program to help developing countries strengthen their public debt management frameworks. A key aspect of the program was to help developing countries implement the framework developed by staffs to formulate an effective medium-term debt management strategy (MTDS). The Boards also supported the continued use of the complementary framework—the Debt Management Performance Assessment (DeMPA)—developed in 2007, to assess the effectiveness of the broader institutional arrangements for public debt management. This paper provides an update on the implementation of the program since its endorsement in 2009.
The Imf The World Bank And The African Debt The Social And Political Impact
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Author : Bade Onimode
language : en
Publisher:
Release Date : 1989
The Imf The World Bank And The African Debt The Social And Political Impact written by Bade Onimode and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Debts, External categories.
V. 1. The economic impact -- v. 2. The social and political impact.
The Debt Trap
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Author : Cheryl Payer
language : en
Publisher: NYU Press
Release Date : 1975
The Debt Trap written by Cheryl Payer and has been published by NYU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975 with Political Science categories.
Details the history of the first thirty years of the system of aid and credit in which the IMF is the keystone.
World Bank Group And International Monetary Fund Support For Debt Relief Under The Common Framework And Beyond
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2021-04-02
World Bank Group And International Monetary Fund Support For Debt Relief Under The Common Framework And Beyond written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-04-02 with Business & Economics categories.
This paper discusses World Bank and IMF support for addressing fiscal and debt distress in IDA countries, with emphasis on strong continued concessional flows for green, resilient, and inclusive development.
Guidelines For Public Debt Management Amended
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2003-09-12
Guidelines For Public Debt Management Amended written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-09-12 with Business & Economics categories.
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