Trade, Development and Foreign Debt

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A01=Michael Hudson
Author_Michael Hudson
Category=KCLT
Category=KCM
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction

Product details

  • ISBN 9780745305776
  • Weight: 288g
  • Dimensions: 133 x 216mm
  • Publication Date: 20 Sep 1992
  • Publisher: Pluto Press
  • Publication City/Country: GB
  • Product Form: Hardback
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An alternative history of the major theoretical concepts that have shaped international economics since mercantilist times. It shows that the policies of laissez-faire and free trade adopted by institutions such as the World Bank and the IMF have had a devastating effect on developing countries, leading to greater polarisation rather than to convergence. The author's analysis demonstrates the importance of debunking economic orthodoxy and reassessing instead the value of protectionist and structuralist approaches to trade and development.

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