the IMF has forced countries into cutting subsidies to their own farmers and remove import taxes as a requirement for getting a loan, in addition to privatizing services and let western companies buy their way into the country for cheap. those things are something nobody in the first world countries would ever agree to let happen to their own country.
so, yes, it IS basically a let's-get-stinking-rich-at-the-expense-of-others type thing for first world countries/companies.
i think 'Globalization and Its Discontents' by Joseph E. Stiglitz is a good book on the subject, and a friend recommended 'The Lexus and the Olive Tree: Understanding Globalization' by Thomas L. Friedman as an easier read.
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branchandroot
...and that's not all
Date: 2005-07-09 10:48 pm (UTC)so, yes, it IS basically a let's-get-stinking-rich-at-the-expense-of-others type thing for first world countries/companies.
i think 'Globalization and Its Discontents' by Joseph E. Stiglitz is a good book on the subject, and a friend recommended 'The Lexus and the Olive Tree: Understanding Globalization' by Thomas L. Friedman as an easier read.