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Overview'[It] explores the hidden link between Third World peasants and First World taxpayers.' New Scientist 'A must for all those who are determined to shake the complacency of the developed world, and in so doing, find a way of resolving the problems of the debt to the benefit of all mankind.' Global Security ‘A watershed ... Susan George’s masterpiece serves as an eye-opener.’ Africa World Review Countless livelihoods and lives have been devastated by so-called structural adjustment imposed by the International Monetary Fund and World Bank in a misguided attempt to deal with the problem of debt in the third world. But debtor nations in the third world are not the only victims of the present crisis. In an unsettling but lucid critique, The Debt Boomerang shows that we in the North must also pay the price of World Bank and IMF policies that have accelerated deforestation, encouraged mass migrations, fuelled an expanding drug trade and heightened global instability and conflict. Our taxes underwrite the irresponsible and short-sighted loan policies of the banks and sustain the downward spiral of global indebtedness. Full Product DetailsAuthor: Susan GeorgePublisher: Pluto Press Imprint: Pluto Press Dimensions: Width: 13.50cm , Height: 1.90cm , Length: 21.50cm Weight: 0.393kg ISBN: 9780745305943ISBN 10: 0745305946 Pages: 224 Publication Date: 20 November 1991 Audience: College/higher education , Professional and scholarly , Tertiary & Higher Education , Professional & Vocational Format: Paperback Publisher's Status: No Longer Our Product Availability: Awaiting stock  The supplier is currently out of stock of this item. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out for you. Table of ContentsIntroduction The First Boomerang: The Environment The Second Boomerang: Drugs The Third Boomerang: How Northern Taxpayers are Bailing out the Banks The Fourth Boomerang: Lost Jobs and markets The Fifth Boomerang: Immigration The Sixth Boomerang: Conflict and War conclusion Notes and References IndexReviewsAuthor InformationSusan George has written widely on development issues for four decades. She is a fellow and president of the board of the Transnational Institute (TNI) and author of We the Peoples of Europe (Pluto, 2008). She contributed the foreword to The Secure and the Dispossessed (Pluto, 2015). Tab Content 6Author Website:Countries AvailableAll regions |
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