Your Money Or Your Life!: The Tyranny of Global Finance

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Pluto Press, Oct 14, 2005 - Business & Economics - 487 pages
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In" Your Money or Your Life!" Eric Toussaint traces the origins and development of the crisis in global finance. Toussaint analyses the role of the World Bank, the IMF and the political restrictions they impose, examines the Structural Adjustment Programs of the 1990s, and reviews the neo-liberal policy of globalization, which, he argues, has now run out of steam. Toussaint outlines differing experiences of debt, drawing on case studies from Argentina, Mexico, Rwanda, Eastern Europe, Sub-Saharan Africa, Latin America and South-East Asia to demonstrate the failure of the IMF/World Bank models of development. Calling for a more humanitarian and egalitarian system of handling Third World debt, this is a rigorous reassessment of global finance.

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Preface to the Third Edition
Foreword by Christian de Brie

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About the author (2005)

eric Toussaint, a doctor in political science, is president of the Committee for the Abolition of Third World Debt, CADTM Belgium. He is author of "A Diagnosis of Emerging Global Crisis" and "Alternatives and The World Bank: A Critical Primer", among other books.

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