Who Owes Who
50 Questions about World Debt
Damien Millet author Éric Toussaint author
Format:Paperback
Publisher:Bloomsbury Publishing PLC
Published:30th Sep '04
Currently unavailable, and unfortunately no date known when it will be back
Using 50 questions and answers, this book explains how and why the debt impasse for developing countries has been arrived at.
Using 50 questions and answers, this book explains the debt impasse for developing countries in a simple but precise manner. It details the roles of the various actors involved, the mesh in which indebted countries are caught, the possible scenarios for getting out of the impasse, and the various alternatives to future indebtedness. It also sets out the various arguments - moral, political, economic, legal and environmental - on which the case for a wholesale cancellation of developing countries‘ external debt rests. It replies to the range of possible objections and proposes new ways of financing development at both local and international level.
'As this fine study demonstrates, lucidly and persuasively, the debt that is strangling much of the world is largely a "scam". In significant measure, it is an ideological fiction, devised in the service of wealth and power, with no legitimacy or moral force. With skill and precision, the authors unravel the layers of deceit and distortion that conceal the ugly reality, and provide an important tool for liberating the great mass of suffering people who are caught in these shackles. It is a very important achievement.' Noam Chomsky 'The authors try to explain how the debt has come about. 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
ISBN: 9781842774274
Dimensions: unknown
Weight: unknown
214 pages