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The World Bank is a controversial organisation. It is widely viewed with suspicion, as the international economic arm of the US, in thrall to the President who is responsible for appointing the head of the Bank. Eric Toussaint gives a highly readable account of just why the World Bank has become so powerful. In short, clear chapters he shows how the bank operates, who funds it, and what it sets out to promote. The Bank's main purpose is to grant loans to all the newly independent states of the developing world, to help them on their journey to recovery after colonial occupation. In…mehr
The World Bank is a controversial organisation. It is widely viewed with suspicion, as the international economic arm of the US, in thrall to the President who is responsible for appointing the head of the Bank.
Eric Toussaint gives a highly readable account of just why the World Bank has become so powerful. In short, clear chapters he shows how the bank operates, who funds it, and what it sets out to promote.
The Bank's main purpose is to grant loans to all the newly independent states of the developing world, to help them on their journey to recovery after colonial occupation. In reality, the conditions imposed on these states - including enforced privatisation of all public services, and enforced neo-liberal rules on trade - mean that the Bank has become the new colonial authority in everything but name.
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Autorenporträt
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 is the author of The World Bank (Pluto, 2007) and Your Money or Your Life! (Pluto, 2005).
Inhaltsangabe
Foreword Terminology: South/North - Developing/Developed. Just What Are We Talking About? Chapter 1 - The Origins of the Bretton Woods Institutions Chapter 2 - The First Years of the World Bank (1946-1962) Chapter 3 - Difficult Beginnings Between the Un and the World Bank Chapter 4 -The Post-world War II Context - the Marshall Plan and the London Agreement on Germany's Debt Chapter 5 - A Bank Under Influence Chapter 6 -World Bank and IMF Support for Dictatorships Chapter 7 - The World Bank and the Philippines (1946-1990) Chapter 8 - The World Bank's Support for the Dictatorship in Turkey Chapter 9 - The Bank in Indonesia: a Textbook Case of Intervention Chapter 10 - The World Bank's Theoretical Falsehoods Regarding Development Chapter 11 - South Korea: the "miracle" Unmasked Chapter 12 - The Debt Trap Chapter 13 - The World Bank Saw the Debt Crisis Looming Chapter 14 - The Mexican Debt Crisis and the World Bank Chapter 15 - The World Bank and the IMF: the Creditors' Enforcers Chapter 16 - Presidents Barber Conable and Lewis Preston (1986-1995) Chapter 17 - Rwanda: the Genocide's Financiers Chapter 18 - James Wolfensohn Switches on the Charm (1995-2005) Chapter 19 - Debates in Washington at the Start of the Twenty-first Century Chapter 20 - Structural Adjustment and the Washington Consensus Were Not Abandoned in 2000 Chapter 21 - Climate and the Environmental Crisis: Sorcerer's Apprentices at the World Bank and the IMF Chapter 22 - Paul Wolfowitz (2005-2007): an Architect of the Invasion of Iraq at the Head of the World Bank Chapter 23 - Ecuador: Progress and the Limits of Resistance to the Policies of the World Bank, the IMF and Other Creditors Chapter 24 - The US President's Men Keep Control of the World Bank Chapter 25 - The IMF and the World Bank in the Time of Coronavirus: the Failed Campaign for a New Image Chapter 26 - The World Bank Did Not Foresee the Arab Spring Popular Uprisings and Still Promotes the Very Same Policies That Triggered Them Chapter 27 - The "Gender Equity" Farce: a Feminist Reading of World Bank Policies Chapter 28 - The World Bank and Human Rights Chapter 29 - Time to Put an End to World Bank Impunity Chapter 30 - The Case for Abolishing and Replacing the IMF and the World Bank Annexes Annex 1: The World Bank: an ABC Annex 2: The International Monetary Fund (IMF): an ABC Glossary Bibliography of Works Cited Works by Eric Toussaint Published in English Table of Tables Table of Graphs
Foreword Terminology: South/North - Developing/Developed. Just What Are We Talking About? Chapter 1 - The Origins of the Bretton Woods Institutions Chapter 2 - The First Years of the World Bank (1946-1962) Chapter 3 - Difficult Beginnings Between the Un and the World Bank Chapter 4 -The Post-world War II Context - the Marshall Plan and the London Agreement on Germany's Debt Chapter 5 - A Bank Under Influence Chapter 6 -World Bank and IMF Support for Dictatorships Chapter 7 - The World Bank and the Philippines (1946-1990) Chapter 8 - The World Bank's Support for the Dictatorship in Turkey Chapter 9 - The Bank in Indonesia: a Textbook Case of Intervention Chapter 10 - The World Bank's Theoretical Falsehoods Regarding Development Chapter 11 - South Korea: the "miracle" Unmasked Chapter 12 - The Debt Trap Chapter 13 - The World Bank Saw the Debt Crisis Looming Chapter 14 - The Mexican Debt Crisis and the World Bank Chapter 15 - The World Bank and the IMF: the Creditors' Enforcers Chapter 16 - Presidents Barber Conable and Lewis Preston (1986-1995) Chapter 17 - Rwanda: the Genocide's Financiers Chapter 18 - James Wolfensohn Switches on the Charm (1995-2005) Chapter 19 - Debates in Washington at the Start of the Twenty-first Century Chapter 20 - Structural Adjustment and the Washington Consensus Were Not Abandoned in 2000 Chapter 21 - Climate and the Environmental Crisis: Sorcerer's Apprentices at the World Bank and the IMF Chapter 22 - Paul Wolfowitz (2005-2007): an Architect of the Invasion of Iraq at the Head of the World Bank Chapter 23 - Ecuador: Progress and the Limits of Resistance to the Policies of the World Bank, the IMF and Other Creditors Chapter 24 - The US President's Men Keep Control of the World Bank Chapter 25 - The IMF and the World Bank in the Time of Coronavirus: the Failed Campaign for a New Image Chapter 26 - The World Bank Did Not Foresee the Arab Spring Popular Uprisings and Still Promotes the Very Same Policies That Triggered Them Chapter 27 - The "Gender Equity" Farce: a Feminist Reading of World Bank Policies Chapter 28 - The World Bank and Human Rights Chapter 29 - Time to Put an End to World Bank Impunity Chapter 30 - The Case for Abolishing and Replacing the IMF and the World Bank Annexes Annex 1: The World Bank: an ABC Annex 2: The International Monetary Fund (IMF): an ABC Glossary Bibliography of Works Cited Works by Eric Toussaint Published in English Table of Tables Table of Graphs
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