The Debt Trap: The IMF and the Third WorldMonograph on the role of developed countries in maintaining a system of world economic relations that is characterized by the indebtedness of developing countries to the IMF - asserts that international borrowing has been used to control the economies and political systems of developing countries, and discusses foreign exchange controls, etc. References. |
Contents
The Foreign Exchange Crisis | 12 |
The IMF and the New Style of Aidgiving | 22 |
A Success Story | 75 |
Copyright | |
9 other sections not shown
Other editions - View all
The Debt Trap: The International Monetary Fund and the Third World Cheryl Payer Limited preview - 1975 |
Common terms and phrases
agreement Allende American amount balance of payments borrowing Brazil Brazilian budget Cambodia capital capitalist cent Central Bank Chile Chilean Congress consortium copper country's creditors Cuaderno currency decontrol deficit demand dependent devaluation dollars domestic economic development effect enterprises exchange controls exchange crisis exchange rate external fact favour FEOF finance foreign aid foreign debt foreign exchange foreign investment Fund's Ghana Goulart ibid imports income India Indonesia industrial inflation International Monetary Fund investors Japan Kim Il Sung Laos Laotian liberalization loans major ment military million needed negotiations Neue Zürcher Zeitung official Philippines Phnom Penh political poor countries problem production profits raw materials reforms repayment rescheduling reserves restrictions result sector Sihanouk socialist South Vietnam stabilization programme stand-by arrangement subsidies Sukarno Third World countries tion trade United Vietnam Western World Bank York Yugo Yugoslav Yugoslavia