The Debt Trap: The International Monetary Fund and the Third WorldDetails the history of the first thirty years of the system of aid and credit in which the IMF is the keystone. |
Contents
The Foreign Exchange Crisis | 1 |
The IMF and the New Style of Aidgiving | 22 |
A Success Story | 75 |
At War in Indochina | 91 |
The IMF and Market Socialism | 117 |
The Destruction of Democracy in Brazil | 143 |
The Transformation of Socialist India 1 66 | 166 |
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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 Goulart ibid imports income India Indonesia industrial inflation International Monetary Fund investors Japan Kim Il Sung Laos Laotian liberalization loans major ment military million Minister needed negotiations Neue Zürcher Zeitung official Philippines Phnom Penh political problem production profits raw materials reforms repayment rescheduling reserves restrictions result sector Sihanouk socialist South Vietnam stabilization programme stand-by arrangement strategy subsidies Sukarno Third World countries tion trade United Vietnam Western World Bank York Yugo Yugoslav Yugoslavia