Your Money or Your Life!: Tyranny of Global Finance - Softcover

Toussaint, Eric

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9780745314129: Your Money or Your Life!: Tyranny of Global Finance

Softcover

ISBN 10: 0745314120 ISBN 13: 9780745314129

Publisher: Pluto Press, 1999

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This volume provides a thorough understanding of the Third World debt crisis. Eric Toussaint traces its development in the 1980s and 1990s, analyzes the role of the World Bank, the IMF and the political restrictions they impose, and assesses the structural adjustment programmes of the 1990s. Toussaint puts into perspective the process of globalization and the neo-liberal offensive, which he argues, is now running out of steam. The book features case studies of differing experiences of debt in Argentina, Mexico, Algeria and Rwanda, and demonstrates the failure of the IMF/World Bank models of development in the light of the Asian crisis. It provides alternative systems to deal with Third World debt which are more humanitarian and egalitarian.

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About the Author:

Eric Toussaint is president of the Brussels-based Committee for Cancellation of the Third World Debt and is a Fellow and frequent lecturer at the International Institute for Research and Education in Amsterdam. He edits the journal Les Autres Voix de la Planete and co-edited the anthology IMF/World Bank/WTO: The Free-Market Fiasco (Amsterdam, 1995). Raghu Krishnan is a translator, interpreter and journalist. His articles have appeared in the Economic and Political Weekly(Bombay), Monthly Review (New York) and International Viewpoint (Paris). Hetranslated Claude Jacquin's book The Trade-Union Left and the Birth of aNew South Africa (IIRE, Amsterdam, 1999). He currently lives in Paris.

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