Alex Gladstein
Hidden Repression
Hidden Repression
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Rua das Virtudes 45
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How the IMF and World Bank Sell Exploitation as Development
The IMF and World Bank were created to help countries survive financial crises and to help them develop into prosperous economic actors. But their 75-year track record shows the opposite: their loans and structural adjustment policies have plunged poor countries into impossibly large debt traps and forced the Third World to focus on producing goods for consumption in the West, instead of growing consumption and industry at home. The Bank and the Fund’s “development and assistance” has been anything but. The reality is a history of neocolonial exploitation with shocking results.
ISBN: 979-8987636398
Author: Alex Gladstein
Publisher: Bitcoin Magazine
Language: ENG- English
Cover: Hard Cover