Fate Worse Than Debt Sue George

ISBN: 9780140227895

Published: April 5th 1988



Fate Worse Than Debt  by  Sue George

Fate Worse Than Debt by Sue George
April 5th 1988 | Paperback | PDF, EPUB, FB2, DjVu, AUDIO, mp3, RTF | | ISBN: 9780140227895 | 4.76 Mb

One of Cambridge Sustainabilitys Top 50 Books for Sustainability, as voted for by our alumni network of over 3,000 senior leaders from around the world. To find out more, click here.A Fate Worse Than Debt is a polemic that is unapologetically confrontational, drawing heavily on personal accounts of suffering and outrage from people living in Third World countries.

George describes the numerous negative consequences of the lending boom to developing countries, especially by the World Bank and IMF, that resulted from recycled petro-dollars after the oil price hikes in the 1970s.Rather than seeing the Thirld World debt crisis as a deliberate First World conspiracy, the book emphasises the unitary world-view of the lenders Consortium - the informal financial-political club of big banks, creditor-country governments and their central banks, the World Bank and the IMF.George closes the book with a call to reject inertia, arguing that Thirld World debt is an international problem that affects us all and will impose an unacceptable burden on future generations.

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