-- Examines why southern states are still experiencing mass poverty
after over sixty years of 'development' -- Sarah Bracking explores
the role of governments and development finance institutions in
managing the markets in which the poorest countries operate. These
institutions -- the 'Great Predators' -- are trapping the
populations of the south in a permanent cycle of austerity.
Bracking examines the political economy relations between states.
She shows how pseudo-public 'development' institutions retain
complete economic control over Southern markets, yet the
international system is itself unregulated. Operating in the
interests of North America and the European Union, they have a
political purpose, and yet serve to cloud the brute power relations
between states. This book will be of interest to anyone studying
debt and development, global financial institutions, and the way
the world economy is regulated and governed.
General
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