Who Owes Who?: 50 Questions About World Debt (Global issues series)

Who Owes Who?: 50 Questions About World Debt (Global issues series)

by EricToussaint (Author), Damian Millet (Author), VickiBriaultManus (Translator)

Synopsis

Using 50 questions and answers, this book explains the debt impasse for developing countries in a simple but precise manner. It details the roles of the various actors involved, the mesh in which indebted countries are caught, the possible scenarios for getting out of the impasse, and the various alternatives to future indebtedness. It also sets out the various arguments - moral, political, economic, legal and environmental - on which the case for a wholesale cancellation of developing countries` external debt rests. It replies to the range of possible objections and proposes new ways of financing development at both local and international level.

$37.55

Quantity

20+ in stock

More Information

Format: Paperback
Pages: 320
Edition: illustrated edition
Publisher: Zed Books Ltd
Published: 01 Aug 2004

ISBN 10: 1842774271
ISBN 13: 9781842774274

Media Reviews
'As this fine study demonstrates, lucidly and persuasively, the debt that is strangling much of the world is largely a scam . In significant measure, it is an ideological fiction, devised in the service of wealth and power, with no legitimacy or moral force. With skill and precision, the authors unravel the layers of deceit and distortion that conceal the ugly reality, and provide an important tool for liberating the great mass of suffering people who are caught in these shackles. It is a very important achievement.' Noam Chomsky 'The authors try to explain how the debt has come about. In detail, the roles of various players are discussed, as well as the mesh in which the developing countries are now caught and possible ways of escaping it.' Development and Environment
Author Bio
Damien Millet is a secretary general of The Committee for the Cancellation of Third World Debt (CADTM), a member of ATTAC in France, and a contributor to the journal Alternative. Eric Toussaint is a historian and political scientist, president of CADTM, member of the International Council of the World Social Forum, and of the scientific committee of ATTAC in France.