A veritable "Globalization for Dummies," 10 Reasons to Abolish the IMF & World Banklays bare the most common myths of globalization in a clear and understandable way.Looking with hope to grassroots movement-building on a global scale, Danaher presents ten arguments for abolishing the IMF and World Bank and replacing them with democratic institutions that would make the global economy more accountable to an informed and active citizenry. Conceived as an effort to educate the public about how international institutions of "free trade" are widening the gap between the rich and poor globally, Danaher reveals how the lending policies of the IMF and the World Bank fail to benefit Third World peoples, and instead line the pockets of undemocratic rulers and western corporations while threatening local democracies and forcing cuts to social programs. Through anecdotes, analysis, and innovative ideas, Danaher argues that the IMF and the World Bank undermine our most basic democratic values, and calls for reframing the terms on which international economic institutions are operated using the principles of environmental sustainability, social justice, and human rights.
This booklet says more in 100 pages than Jagdish Bhagwati's in Defense of Globalization says in 300. Even though I don't agree with what K.MacDonald said here that it is a condemnation of free trade and capitalism, the author does have a very left-wing view of the world and sometimes makes false connections between open trade and globalization... But as a globalization noob's short guide to IMF and World bank and as a source to discuss about these subjects with your friends/whatever, this book is quite invaluable. It's concise and clear about the underlying motives of the institutions and people in charge of them, and, most of the time, presents information which seems to be correct.
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Published by Thriftbooks.com User , 19 years ago
I basically agree with most everything propounded in this little book - I just am not sure it's so simple. Jobs are created by demand.
How America Screws the Rest of the World
Published by Thriftbooks.com User , 22 years ago
The American public is unaware about how the U.S. government conducts its foreign policy through the IMF and World Bank. The U.S. media has failed to explain to the American public how exactly the World Bank and IMF operate to economically control thrid-world countries. These two organizations actually promote the economic colonization of the third-world. Programs like CNN Pinnacle with Willow Bay provide misleading portrayals of World Bank leaders (i.e. JAMES WOLFENSOHN, PRESIDENT, WORLD BANK). This book fills the gap left by the news media. A very interesting and short read!
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