Development Studies
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Eric Toussaint studies the evolution of the debt of Southern ...
(Jean Ziegler, United Nations Special Rap)
(Michael McDonnell, Socialist Review)
Eric Toussaint has once again provided absolutely critical information. Anyone ...
(Patrick Bond, Director, University of Kw)
Eric Toussaint studies the evolution of the debt of Southern ...
(Jean Ziegler, United Nations Special Rap)
Eric Toussaint has once again provided absolutely critical information. Anyone ...
(Patrick Bond, Director, University of Kw)
The World Bank
A Critical Primer
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Eric Toussaint
- ISBN: 9780745327143
- Extent: 336pp
- Release Date: 20 Dec 2007
- Size: 215mm x 135mm
- Format: Hardback
- Illustrations: 19 figures
- Restricted Territories: View details...
- Category: Development Studies
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Product Description
The World Bank is a controversial organisation. It is widely viewed with suspicion, as the international economic arm of the US, in thrall to the President who is responsible for appointing the head of the Bank.
Eric Toussaint gives a highly readable account of just why the World Bank has become so powerful. In short, clear chapters he shows how the bank operates, who funds it, and what it sets out to promote.
The Bank's main purpose is to grant loans to all the newly 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 privatisation 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 is a perfect book for anyone looking for a critical introduction to the history of the Bank and its role in world affairs.
About The Author
Eric Toussaint is president of the Brussels-based Committee for Cancellation of the Third World Debt and is a Fellow and frequent lecturer at the International Institute for Research and Education in Amsterdam. He edits the journal Les Autres Voix de la Planete and co-edited the anthology IMF/World Bank/WTO: The Free-Market Fiasco (Amsterdam, 1995). Raghu Krishnan is a translator, interpreter and journalist. His articles have appeared in the Economic and Political Weekly(Bombay), Monthly Review (New York) and International Viewpoint (Paris). Hetranslated Claude Jacquin's book The Trade-Union Left and the Birth of aNew South Africa (IIRE, Amsterdam, 1999). He currently lives in Paris.
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