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Thanks for that book recommendation - really appreciate it. I have been looking for a solid critical reference regarding the World Bank (and IMF, for that matte
by marnett 7y ago
Thanks for that book recommendation - really appreciate it. I have been looking for a solid critical reference regarding the World Bank (and IMF, for that matter) for some time now. There were some allusions in Naomi Klein's The Shock Doctrine that set me down this rabbit hole.
- danans 7y ago> See Confessions of an Economic Hitman by John Perkins Or, for a far less conspiratorial take on the same phenomenon, read "Globalization and its Discontents" by Nobel Laureate Joseph Stiglitz. In it you'll learn how institutions like the IMF treated open markets and no currency flow restrictions as a religion regardless of whether they made sense for the stage of development of the countries on which they imposed those as terms of their loans.