Trade, Development and Foreign Debt: v. 2

Trade, Development and Foreign Debt: v. 2

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An alternative history of the major theoretical concepts that have shaped international economics since mercantilist times. It shows that the policies of laissez-faire and free trade adopted by institutions such as the World Bank and the IMF have had a devastating effect on developing countries, leading to greater polarisation rather than to convergence. The author's analysis demonstrates the importance of debunking economic orthodoxy and reassessing instead the value of protectionist and structuralist approaches to trade and development.
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Product details

  • Paperback | 212 pages
  • 140 x 229 x 12.7mm | 213g
  • London, United Kingdom
  • English
  • New edition
  • New edition
  • 0745306667
  • 9780745306667

About Michael Hudson

Michael Hudson is an economist who has worked for Chase Manhattan Bank, Arthur Andersen & Co., and the Hudson Institute. He has taught at New York University and the New School.
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