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Lent and Lost
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The Effects of Globalization in Latin America, Africa, and Asia
In TheEffects of Globalization in Latin America, Africa, and Asia, Kema Irogbeargues that the forces of globalization, which include the IMF/World Bank, WTO, and Western media technology, are subordinated to the interests of multinational corporations under the tutelage of a lone superpower in strangling the development efforts of poor countries. Irogbe subjects the operations and the existing relationships among these international governmental and nongovernmental actors to the test of empirical reality and logical plausibility by drawing from the experiences of a varied selection of marginalized countries, such as Venezuela, Guatemala, Mexico, Brazil in Latin America; Nigeria, South Africa, and Ghana in Africa; and Iraq, Iran, India, Afghanistan, and Vietnam in Asia. The book argues that globalization is a sophisticated lexicon for the pursuit of a homogenized political, economic, and cultural world order, which is a recipe for unending global crises.
Debt And Disorder
One of the most important and controversial challenges feeing the international financial and trading system is the need for developing countries to meet their high and rapidly growing external debt obligations and foreign exchange requirements. Developing countries have suffered major shocks in the form of global recession, high real interest rates, weakened terms of trade, and rising protectionism against their exports. The International Monetary Fund, the World Bank, Western central banks, and private financial institutions are seeking to avoid a collapse of the international financial system, and developing countries are seeking to grow through increased trade and access to external financing. Yet the fragility of current international trade and monetary systems seriously threatens the achievement of both sets of objectives. Professor Loxley integrates the structural adjustment experience of Third World countries with the policies, practices, and relationships of external financial agents in his discussion of options for reforming policy and of the limitations inherent in implementing these reforms.
Developing Country Debt
Developing Country Debt presents a variety of views and perspectives on the topic of debt in developing countries, with emphasis on the revolutionary effects of the post-1973 OPEC oil prices on the world's economic system. The book shows how the problem of developing country debt has become inexorably intertwined with the successful functioning of the global economic system. This book is comprised of 14 chapters and opens with a historical overview of developing nations' debt before turning to LDC debt since the 1973 OPEC price increases and the developing countries' abilities to carry debt. The myths of debt are also analyzed from a banker's perspective. The next section presents case studi...
China's Participation in the IMF, the World Bank, and GATT
Studies the evolving relationship between China and the keystone international economic organizations
The Debt Trap
Details the history of the first thirty years of the system of aid and credit in which the IMF is the keystone.
Debt And The Less Developed Countries
Scholars and practitioners from the fields of economics, political science, sociology, and government discuss the nature and importance of debt in the international system and question whether international debt is a necessary element of international development or a potential root of international economic collapse (and of the demise of the dollar as denominator of the monetary realm). They then turn specifically to the impact of external debt on developing countries, exploring the potential for both positive and negative effects. In the final section of the book they look at the interactions between debtors and creditors when loans begin to sour.
Global Political Economy
Global Political Economy places the study of IPE in broad theoretical context, equally emphasizing theory and practice to provide a framework for analyzing current events and long-term developments in the global economy. Andy Hira updates this essential book and the related instructor and student resources, to cover recent global developments and shifts in scholarship. New and updated for the Ninth Edition • Provides an economics primer on how markets, interest, and exchange rates work, comparative advantage, and monetary and fiscal policy; and material on getting a job in political economy. • Includes the basic tenets of realism. • Expands coverage on China, including on bipolarity/U....
Debt Reader
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