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Who Owes Who - 50 Questions about World Debt (Paperback)
Loot Price: R950
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Who Owes Who - 50 Questions about World Debt (Paperback)
Series: Global Issues
Expected to ship within 10 - 15 working days
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The huge foreign debt of developing countries has become a
mechanism of domination and means of recolonization that prevents
any meaningful and sustainable human development. The policies
pursued by the indebted countries' governments have usually been
decided by their creditors rather than by the authorities of the
countries concerned. As for the initiative to lighten the debt
burden, launched with much fanfare by the G7, the IMF and the World
Bank under pressure from the largest ever petition in human
history, it has made clear its limits. In 50 questions and answers,
this book explains in a simple but precise manner how and why the
debt impasse has been arrived at. Illustrated with figures, maps
and tables, it details the roles of the various actors involved,
the mesh in which indebted countries are caught, and the various
alternatives to future indebtedness.
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