Who Owes Who?: 50 Questions about World Debt (Global Issues in a Changing World)
| Author | : | |
| Rating | : | 4.72 (728 Votes) |
| Asin | : | 1842774263 |
| Format Type | : | paperback |
| Number of Pages | : | 320 Pages |
| Publish Date | : | 2015-02-01 |
| Language | : | French |
DESCRIPTION:
In significant measure, it is an ideological fiction, devised in the service of wealth and power, with no legitimacy or moral force. 'As this fine study demonstrates, lucidly and persuasively, the debt that is strangling much of the world is largely a "scam". In detail, the roles of various players are discussed, as well as the mesh in which the developing countries are now caught and possible ways of escaping it.' Development and Environment . It is a very important achievement.' Noam Chomsky 'The auth
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.. The policies pursued by the indebted countries' governments have usually been decided by their creditors rather than by the authorities of the countries concerned. In 50 questions and answers, this book explains in a simple but precise manner how and why the debt impasse has been arrived at. 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. 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
Damien Millet is a mathematics teacher, secretary general of The Committee for the Cancellation of Third World Debt (CADTM), a member of ATTAC, and contributor to the journal Alternative (Niger). Eric Toussaint is a historian and political scientist, president of CADTM, member of the International Council of the World Social Forum, and of the scientific committee of ATTAC in France.