‘Superior … A broad-ranging guide that explains the global power structure over the last eight decades’ Carlos Marichal, El Colegio de México‘Covering the history of the Bank from its early days as a prop to European colonialism through the Rwandan genocide, the Washington Consensus and the Iraq war, Toussaint argues that the Bank is incorrigible and should be abolished. Read and judge for yourselves’ James K. Galbraith, author, Welcome to the ...

"A compelling explanation of the deep-seated mechanisms at work in the international credit system" from the coauthor of Debt, the IMF, and the World Bank ( Counterfire).For as long as there have been rich nations and poor nations, debt has been a powerful force for maintaining the unequal relations between them. Treated as sacrosanct, immutable, and eternally binding, it has become the yoke of choice for imperial powers in the post-colonial world ...

Mainstream economists tell us that developing countries will replicate the economic achievements of the rich countries if they implement the correct “free-market”policies. But scholars and activists Toussaint and Millet demonstrate that this is patently false. Drawing on a wealth of detailed evidence, they explain how developed economies have systematically and deliberately exploited the less-developed economies by forcing them into unequal trade and political relationships. In...

As the financial crisis continues to shake the economy it has begun to expose cracks in the ideology long used to justify neoliberal policies. This informed and accessible primer drives a wedge into these cracks, allowing the non-expert to understand the flaws in the economic philosophy of the 1%.

Mainstream economists tell us that developing countries will replicate the economic achievements of the rich countries if they implement the correct “free-market”policies. But scholars and activists Toussaint and Millet demonstrate that this is patently false. Drawing on a wealth of detailed evidence, they explain how developed economies have systematically and deliberately exploited the less-developed economies by forcing them into unequal trade and political relationships. Integral to th...

Using 50 questions and answers, this book explains the debt impasse for developing countries in a simple but precise manner. It details the roles of the various actors involved, the mesh in which indebted countries are caught, the possible scenarios for getting out of the impasse, and the various alternatives to future indebtedness. It also sets out the various arguments - moral, political, economic, legal and environmental - on which the case for a wholesale cancellation of developing cou...

In the past fifty years, more than $1 trillion in development-related aid has been transferred from rich countries to Africa. Has this assistance improved the lives of Africans? No. In fact, across the continent, the recipients of this aid are not better off as a result of it, but worse—much worse.In Dead Aid, Dambisa Moyo describes the state of postwar development policy in Africa today and unflinchingly confronts one of the greatest myths of our time: that billions of do...

From the vantage point of many in the West, Africa remains a continent of woe – a place stalked by ethnic conflict, corrupt dictatorships, religious strife, war and famine. But today, at last, the flawed mythology that treats Africa as a homogenous disaster area is being challenged by investors, economists, fund managers and academics. Age is not often associated with speed; but Africa, the cradle of civilisation, now has more of the world’s fastest-growing economies than any other. After ...

Reflections on politics, the economy, and the modern world by the #1 New York Times–bestselling author of Capital in the Twenty-First Century.Thomas Piketty's work has proved that unfettered markets lead to increasing inequality, and that without meaningful regulation, capitalist economies will concentrate wealth in an ever smaller number of hands, threatening democracy. For years, his newspaper columns have pierced the surface of current events t...

Climate chaos and pollution, deforestation and consumerism: the crisis facing human civilization is clear enough. But the response of politicians has been cowardly and inadequate, while environmental activists have tended to favour single-issue campaigns rather than electoral politics. The No-Nonsense Guide to Green Politics measures the rising tide of eco-activism and awareness and explains why this event heralds a new political era worldwide: in the near futurethere will be no o...

If you are looking to understand how tax havens and offshore financial centers work, how they are governed (or not!), and what kind of economic and political impacts they have, then this book is for you! This recent text by well-recognized experts in the field is a most welcome addition to the literatures.... It fills an important void, since there was not until now a general but nevertheless detailed reference text on tax havens... it should be mandatory for courses in IPE, intern...

The euro's life, while only slightly more than a decade long, has been riddled by a series of challenges and crises. The eruption of the Greek crisis in 2010 took European policymakers by surprise and forced them to design responses to a quickly deteriorating situation. Even though Europe has final begun to stabilize, the disparity between the prosperous Northern countries, especially Germany, and the plummeting Southern countries, including Spain and Greece, has exacerbated economic and p...