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Money and Power (Paperback)
$30.00
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Description
Sarah Bracking explores the role of governments and development finance institutions in managing the markets in which the poorest countries operate. These institutions - the 'Great Predators' - are trapping the populations of the south in a permanent cycle of austerity.Bracking examines the political economy relations between states. She shows how pseudo-public 'development' institutions retain complete economic control over Southern markets, yet the international system is itself unregulated. Operating in the interests of North America and the European Union, they have a political purpose, and yet serve to cloud the brute power relations between states.This book will be of interest to anyone studying debt and development, global financial institutions, and the way the world economy is regulated and governed.
About the Author
Sarah Bracking is a Senior Lecturer in Politics and Development at the University of Manchester. She is the editor of Corruption and Development (2007) and a member of the Review of African Political Economy editorial working group.
Praise for Money and Power…
"A committed, thoughtful, closely and rigorously-argued work. This book explains the most important constraints to economic development today. An essential contribution to understanding economic 'development' in our troubled times. The most relevant analysis of how money and capitalist power reproduce poverty in today's world."
Professor Alfredo Saad Filho, Head of Department of Development Studies, School of Oriental and African Studies, University of London
