Description
Book SynopsisWhy the Global South is still experiencing mass poverty after over sixty years of 'development'
Trade Review'A committed, thoughtful, closely and rigorously-argued work. 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.
'Exposes in elegant detail the economic and political interests that lie behind aid' -- Nick Hildyard works with the Corner House, a UK research and solidarity group focusing on human rights, environment and development.
'Cutting-edge' -- Patrick Bond, Senior Professor, University of KwaZulu-Natal School of Development Studies, Durban, South Africa
'A clear and trenchant indictment of the view that private capital has the interest and capacity to develop the Global South' -- Raymond Bush, Professor in African Studies and Development Politics, University of Leeds
Table of Contents1. The political economy of development
2. Money in the political economy of development
3. Making Markets
4. International development banks and creditor states
5. The British Market Makers
6. Poverty in Africa and the history of multilateral aid
7. Derivative business and aid-funded accumulation
8. Private sector development and bilateral interventions
9. Taking the long view of promoting capitalism
10. Aid effectiveness: what are we measuring?
11. Conclusion
Bibliography
Index
