Deeper Than Debt: Economic Globalization and the Poor - George Ann PotterLatin America Bureau, 2000, Paperback.
Condition: Very Good. Lightly rubbed at the tips of the wraps otherwise a very well presented copy.
First in this edition. From the cover: “Debt is a good thing — for creditors. In the current global economy, the debt owed by the poorest countries allows the richest to have enormous influence over most Southern economies. Such control is enforced via the International Monetary Fund, which requires poor countries to export raw materials at low prices, cut back on social spending on areas such as health and education, and to privatise national wealth – all to generate dollars to pay rich creditors. Debt means four fifths of the world’s population cannot develop, while inequality between the rich and poor grows. Deeper than Debt brings together a wide range of arguments and views to examine the effects of economic globalisation on the lives of the poor majority in debtor countries, and how debt can illuminate the process of the ever-deepening inequality between rich and poor.”.