The debt trap : the IMF and the Third World / Cheryl Payer.

By: Material type: TextTextPublication details: New York : Monthly Review Press, 1975.Description: xii, 251 pages ; 21 cmISBN:
  • 0853453756.
  • 0853453764
Other title:
  • The debt trap : the International Monetary Fund and the Third World [Cover title]
Subject(s): DDC classification:
  • 332.1/52
LOC classification:
  • HG 3881 .P36 1975
Contents:
Preface -- Introduction -- 1. The foreign exchange crisis -- 2. The IMF and the new style of aid-giving -- 3. Exchange controls and national capitalism: the Philippines experience -- 4. Indonesia: a 'success story' -- 5. Money to burn: at war in Indochina -- 6. Yugoslavia: the IMF and market socialism -- 7. The destruction of democracy in Brazil -- 8. The transformation of 'socialist' India -- 9. The breakaways: Chile, Ghana, North Korea -- 10. Conclusion: dependence or autonomy?
Appendices: I: The Fund and the World Bank -- II. The US and the Fund -- III. Reform of the IMF? -- IV. The North Korean formula for self-reliance -- Notes -- Index.
Summary: "The heart of the book is a series of major case studies which provide a fresh interpretation of the modern history of the Philippines, Indonesia, Brazil, and India from the point of view of their foreign exchange needs and resources, their balance of payments crises, and the effects of the intervention of the IMF. It shows also how the IMF aided the U.S. war effort in Indochina and helped to divert Yugoslavia's socialist development into the dead end of a market economy. Through examination of the external economic relations of these countries it is possible to explain a number of events which are usually attributed to internal causes. As payments crises are now becoming endemic even in the industrialized countries, The Debt Trap has a relevance which extends beyond the Third World and the specific case studies which it chronicles." -- From the back cover.
List(s) this item appears in: Cataloged books (Erica)
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Holdings
Item type Current library Call number Status Date due Barcode
BOOKS BOOKS Niebyl-Proctor Marxist Library General Stacks HG 3881 .P36 1975 (Browse shelf(Opens below)) Not For Loan NPML19090021
Browsing Niebyl-Proctor Marxist Library shelves, Shelving location: General Stacks Close shelf browser (Hides shelf browser)
HG 660.5 .W67 1990 World trade : HG 2563 .B8 1936 The reserve banks and the money market, HG 2565 .K48 1980 Money, credit, and interest rates ; their gross mismanagement by the Federal Reserve system : HG 3881 .P36 1975 The debt trap : HG 3881 .P37 1982 The World Bank : HG 3881.5.W57 A15 1994 50 years is enough : HG 3891.5 .M34 1984 The global debt crisis :

Includes bibliographical references (pages 227-[244]) and index.

Preface -- Introduction -- 1. The foreign exchange crisis -- 2. The IMF and the new style of aid-giving -- 3. Exchange controls and national capitalism: the Philippines experience -- 4. Indonesia: a 'success story' -- 5. Money to burn: at war in Indochina -- 6. Yugoslavia: the IMF and market socialism -- 7. The destruction of democracy in Brazil -- 8. The transformation of 'socialist' India -- 9. The breakaways: Chile, Ghana, North Korea -- 10. Conclusion: dependence or autonomy?

Appendices: I: The Fund and the World Bank -- II. The US and the Fund -- III. Reform of the IMF? -- IV. The North Korean formula for self-reliance -- Notes -- Index.

"The heart of the book is a series of major case studies which provide a fresh interpretation of the modern history of the Philippines, Indonesia, Brazil, and India from the point of view of their foreign exchange needs and resources, their balance of payments crises, and the effects of the intervention of the IMF. It shows also how the IMF aided the U.S. war effort in Indochina and helped to divert Yugoslavia's socialist development into the dead end of a market economy. Through examination of the external economic relations of these countries it is possible to explain a number of events which are usually attributed to internal causes. As payments crises are now becoming endemic even in the industrialized countries, The Debt Trap has a relevance which extends beyond the Third World and the specific case studies which it chronicles." -- From the back cover.

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