- Series: Global Issues Series
An Alternative Economic Policy Manual
“There is no alternative to neo-liberal economics, Americanization and globalization” remains the driving assumption within the international development policy establishment. Ha-Joon Chang and IIene Grabel question the validity of this assertion by combining data, a devastating economic logic and an analysis of the historical experiences of leading Western and East Asian economies. They also include practical alternatives in key areas: trade and industrial policy; privatization; intellectual property rights; external borrowing; investment; financial regulation; exchange rates, monetary policy, government revenue and expenditure.
50 Questions about World Debt
This book explains in a simple but precise manner how and why the debt impasse for developing countries has arrived. Illustrated with figures, maps and tables, it details the roles of the actors involved and the mesh in which indebted countries are caught. It explains scenarios for getting out of this impasse and alternatives to future indebtedness. It also sets out the arguments–moral, political, economic, legal and environmental–for a wholesale cancellation of developing countries’ external debt, while proposing new ways of financing development at both local and international levels. A comprehensive, up-to-date and radical guide, Who Owes Who? provides clear, practical arguments for students of development, activists and educators.
Tame It or Scrap It?
Greg Buckman discusses the two main approaches within the anti-globalization movement. The ‘Fair Trade and Back to Breton Woods’ school argues for immediate reforms of the world’s trading system, capital markets and global institutions, notably the World Bank, IMF and WTO. The ‘Localization’ school, takes a more root and branch position and argues for the abolition of these institutions and the outright reversal of globalization. Buckman explains the details of each school’s outlook and proposals, their weaknesses, where they disagree, their common ground and where they might come together in campaigns.
Myth, Reality and Alternatives
There are many ideas for alternative ways of organizing world trade and increasing the development chances for poor countries. Free Trade explains the case for free trade; the critiques; and how free trade policies work in practice. It introduces powerful and increasingly high profile new ideas for greater self-reliance and alternative development. Readers can see how it is possible to create economic policies that really address poverty and inequality, and that also take into account the environment, culture and human rights.
Ideas for a New World Economy
This is a short and trenchant history of the organizations – the World Bank, IMF, WTO, and Group of Seven – which have promoted economic globalization and which are now trying to manage the unmanageable. Walden Bello points to their manifest failings, seen in recurrent financial crises, the ever widening gulf between developing and industrialized countries, the persistence of gross inequalities and mass poverty. He examines new ideas for reforming world economic management, and argues that a much more fundamental and radical shift of direction is required.
The World’s Secret Services Today
The Cold War has long gone. Now the “War on Terror” is upon us. What are the secret services–the CIA, the KGB, MI5, Mossad, Boss, Savak, Dina–doing these days? Global Intelligence explains how the war on terrorism has altered the context for the murky world of secret services and intelligence agencies. The CIA and other U.S. agencies, the FSB (successor to the KGB) in Russia, Western Europe’s secret services, Mossad in Israel, and the diverse security services in developing countries continue to operate, albeit with changing priorities and working methods. These shifting means of working, coupled with ultra-modern technologies, allow for more invasive spying in a global and domestic context.
The Tropical Commodities Disaster
Many countries in the South have been encouraged to grow coffee, sugar, cotton and other crops, but small farmers get only a tiny share of the final price of these commodities in the North. As prices collapse, the terms of trade between North and South have widened. This investigation, by one of the leading authorities on commodity trading, analyzes the current trading arrangements and their disastrous effect on foreign exchange earnings, tax revenues and economic growth in developing countries. Possible solutions are being proffered–from exploitation of niche markets to more radical notions like fair trade–but Peter Robbins shows how they all fail to measure up to the scale of the disaster facing the Third World. He argues that developing countries must bring supply and demand into a better balance that will secure far higher and more stable prices than today.
What’s the Matter with Foreign Aid?
Billions are spent each year on foreign aid and tens of thousands are employed in the aid industry. The Purpose of aid is ostensibly selfless and benign. Yet it is also the focus of controversy. In Give and Take, David Sogge asks if there is a real net flow of financial resources to the South. He questions how much aid there should be, on what terms should it be given, and if the strings imposed imply a resurection of colonial controls. Can Northern governments, international financial institutions and developing countries ever agree and how do we envision an aid system for a new century as democratic, effective, adequate and just?
The Need for a New Agriculture
What kind of agriculture do we need to feed the world? World leaders have come up with yet another target-to half, not end, hunger by the year 2015. How is this to be achieved when other such targets were ignored? And what about animal diseases like BSE, foot and mouth disease and salmonella; declining food variety and quality; and disappearing topsoil, hedgerows and biodiversity in rural areas? Better acces to land and more equitable income distribution are part of the solution. The other is to move away from monoculture production system monopolized by a handful of giant corporations. John Madeley argues for the spread of a low-external input approach, a reintegration of traditional farming techniques, new farming practices like organic agriculture and permaculture, and a range of ‘green’ technologies to offer a more viable livelihood too farmers, food for the hungry, and safe and good tasting food for the rest of us.
Prejudice Versus Reality
This short and accessible rebuts the misconceptions about Islam articulated by many European intellectuals down the centuries. For non-Muslims these still obstruct a clear understanding of both the nature of Islam and the history of Christian/Muslim interactions. Th eauthor demonstrates the very recent politically motivated abd theologically dubious nature of the assertions of so-called Islamic fundamentalist movements. He contrasts them with sociall y progressive Muslim thinkers who have sought to address the inescapable questions of the modern world.