Synopses & Reviews
A veritable "Globalization for Dummies," 10 Reasons to Abolish the IMF & World Banklays bare the most common myths of globalization in a clear and understandable way.Looking with hope to grassroots movement-building on a global scale, Danaher presents ten arguments for abolishing the IMF and World Bank and replacing them with democratic institutions that would make the global economy more accountable to an informed and active citizenry.
Conceived as an effort to educate the public about how international institutions of "free trade" are widening the gap between the rich and poor globally, Danaher reveals how the lending policies of the IMF and the World Bank fail to benefit Third World peoples, and instead line the pockets of undemocratic rulers and western corporations while threatening local democracies and forcing cuts to social programs.
Through anecdotes, analysis, and innovative ideas, Danaher argues that the IMF and the World Bank undermine our most basic democratic values, and calls for reframing the terms on which international economic institutions are operated using the principles of environmental sustainability, social justice, and human rights.
Synopsis
The author, cofounder of Global Exchange, the San Franciscobased international human rights organization, argues that free trade is further widening the gap between rich and poor in all countries rather than improving the quality of life, labor, and the environment.
Synopsis
Includes bibliographical references (p. 101-103).
About the Author
Global Exchange Co-Founder Kevin Danaher has been called the "Paul Revere of globalization's woes." Dr. Danaher's articles have appeared in The Los Angeles Times, The San Francisco Chronicle, The International Herald Tribune and a variety of magazines. He is the author of 50 Years Is Enough: The Case Against the World Bank and the International Monetary Fund.