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Paperback Trade Development & Foreign Debt Volume 2 - Rights Reverted: A History of Theories of Polarisation and Convergence in the International Economy Book

ISBN: 0745306667

ISBN13: 9780745306667

Trade Development & Foreign Debt Volume 2 - Rights Reverted: A History of Theories of Polarisation and Convergence in the International Economy

An alternative history of the major theoretical concepts that have shaped international economics since mercantilist times. It shows that the policies of laissez-faire and free trade adopted by institutions such as the World Bank and the IMF have had a devastating effect on developing countries, leading to greater polarisation rather than to convergence. The author's analysis demonstrates the importance of debunking economic orthodoxy and reassessing...

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