The World Bank

Released on by Eric Toussaint
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  • The World Bank Book Detail

  • Author : Eric Toussaint
  • Release Date : 2008
  • Publisher : Between the Lines
  • Genre : Conditionality (International relations)
  • Pages : 314
  • ISBN 13 : 9781897071380
  • File Size : 65,65 MB
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The World Bank by Eric Toussaint PDF Summary

Book Description: Widely viewed with suspicion as the international economic arm of the U.S. government,the World Bank has become overwhelmingly powerful. Eric Toussaint gives a highly readable account of how this happened. In concise chapters he shows how the bank operates, who funds it, and what it sets out to promote. The World Bank's avowed purpose is to grant loans to the independent states of the developing world, to help them on their journey to recovery after colonial occupation. In reality, the conditions imposed on these states including enforced privatization of all public services, and enforced neo-liberal rules on trade mean that the Bank has become the new colonial authority in everything but name. This ambitious and critical study is a perfect book for anyone looking for a comprehensive history of the Bank and its role in world affairs. ERIC TOUSSAINT is president of the Committee for the Abolition of Third World Debt and is a fellow and frequent lecturer at the International Institute for Research and Education in Amsterdam. He is the co-author of Who Owes Who? 50 Questions About World Debt.

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