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Globalization of Poverty and the New World Order

Globalization of Poverty and the New World Order

Paperback

By (author) Michel Chossudovsky

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  • Publisher: Global Research, Centre for Research on Globalization
  • Format: Paperback | 376 pages
  • Dimensions: 135mm x 211mm x 25mm | 454g
  • Publication date: 4 October 2005
  • Publication City/Country: Pincourt, QC
  • ISBN 10: 0973714700
  • ISBN 13: 9780973714708
  • Edition: 2
  • Edition statement: 2nd ed.
  • Illustrations note: tables
  • Sales rank: 134,159

Product description

In The Globalization of Poverty, Michel Chossudovsky explains in detail how leading international financial institutions, notably the IMF and the World Bank, have forced Third World and, since 1989, Eastern European countries to make structural economic changes. This book is a skillful combination of lucid explanation and an impeccably argued critique of the fundamental directions in which our world is moving, financially and economically. Chossudovsky shows the consequences of this new, international financial order that: -- feeds on human poverty; -- exists through destruction of the environment; -- creates social apartheid; -- encourages racism and ethnic strife; and -- undermines the rights of women. In his thorough investigation into the cogs of our marketplace, Chossudovsky reveals problems inherent in a global, cheap-labor economy. With evidence from locations such as sub-Saharan Africa, Japan, and North America, this book exposes how the IMF contributes to economic genocides. From financial glass ceilings to the recycling of private debts into public ones, The Globalization of Poverty shows how IMF reforms encourage global monopolies and financial instability. In short, Chossudovsky sounds a warning about the power wielded by the World Bank, IMF, and other international financial institutions because of their greatest effect: a globalization of poverty.

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