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"This pathbreaking book is the first close examination of the inner workings of the World Bank, the foundations of its achievements, its propensity for intensifying the problems it intends to cure, and its remarkable ability to tame criticism and extend its own reach." "The book sheds new light on the World Bank's role in increasing global inequalities and considers why it has become the central target for anti-globalization movements worldwide. For...
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"Even before September 11, 2001, it was clear that not everyone was happy with globalization: violent protests have become a regular feature of international summit meetings, and many young people have expressed their strong opposition to policies that they see as enriching the rich at the expense of workers, the environment, and traditional culture." "In this book, Soros not only identifies the problems but also puts forward practical proposals to...
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A look at how the world's leading financial institutions - the IMF, World Bank and WTO - have been hijacked by the economic ideology of neoliberalism and the interest behind it, particularly from the 1980s onwards and in relation to their global financial, developmental and trade management roles.
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The paper highlights that the education of children, and youth merits the highest priority in a world afflicted by HIV/AIDS, specifically because a good basic education ranks among the most effective - and cost-effective - means of HIV prevention. It also merits priority because the very education system that supplies a nation's future, is being greatly threatened by the epidemic, particularly in areas of high, or rising HIV prevalence. The paper...
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"Since World War II, it has been widely believed that underdeveloped countries cannot become prosperous without billions of dollars in aid from wealthy countries. Yet after 40 years, there is little to show for it." "Perpetuating Poverty is an eye-opening review of the scandalous record of the World Bank and the International Monetary Fund. The startling findings include: India has received the most foreign aid of any country since 1951 - about $55...
13) Mortgaging the earth: the World Bank, environmental impoverishment, and the crisis of development
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The World Bank is the single biggest source of finance for international development, and its policies have a critical impact on the future of more than 110 borrowing countries. In this dramatic and lively new critique, Bruce Rich, internationally known expert on the environment and the World Bank, analyzes how the Bank has become a seemingly unstoppable and often destructive environmental and political force. The author chronicles the life-and-death...
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The mandate of multilateral institutions defines them as technical & functional institutions. This text challenges that view, arguing that they are political organizations & that their programmes have a significant impact on the domestic policies of the many countries in which they are involved.
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This book offers an extensive survey and synthesis of the economic literature on trade unions and collective bargaining and their impact on micro-and macro-economic outcomes. The authors demonstrate the effects of collective bargaining in different country settings and time periods. A comprehensive reference, this book will be of interest to students and scholars of labor policy as well as to policy makers and anyone with an interest in the economic...
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"The greatest success of the International Monetary Fund and the World Bank has been as globalizers. But at whose cost? Would borrowing countries be better off without the IMF and World Bank? This book takes readers inside these institutions and the governments they work with. Ngaire Woods decodes what they do and why they do it, using original research, extensive interviews carried out across many countries and institutions, and scholarship from...
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This is the story of good intentions gone wrong. It begins in 1945 with a pledge to end poverty through a newly created international banking institution. Staffed by the most talented economists from the best universities, the World Bank embarked on this task with the self-assurance only technicians isolated from reality can possess. Fifty years later, the gap between the rich and the underdeveloped nations is wider than ever, thanks in no small part...
Description
"Fuel for Change, with its evidence and case studies from a wide variety of countries in both the Third World and the transitional economies of Eastern Europe, examines the World Bank's new energy policies. It seeks to add to the pressure on the Bank to shift its capital lending and policy advice in favour of sustainable energy, including serious investment in energy efficiency, renewable energy sources and energy provision for the rural poor." "This...
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