Debt Threat

NOREENA HERTZ

HarperCollins Publishers Ltd,2

We are bombarded with images of poverty, terrorism, war and collapsing states. Do we ever question what the root cause of these problems might be? Noreena Hertz, one of the world's leading experts on economic globalization, tackles Third World Debt as a problem which must be resolved if we are ever to see global stability. For every USD1 the west gives to developing countries in aid, developing countries pay the west USD9 in debt service. At the beginning of the new millennium we are witnessing a global debt crisis of unprecedented size. Sub-Saharan Africa owes USD200 billion, Brazil USD223.8 billion, Argentina USD155 billion. Why does this matter? In this shocking, ground-breaking book, Noreena Hertz shows that these numbers matter because they account for millions of people dying of AIDS; for the rainforests being cut down; for poverty, illiteracy, terrorism and war. These numbers matter because they will affect all of our lives if the balance is not redressed. IOU is a story of avarice but also of vulnerability; of power asymmetries and misuse of power; of corrupt dictators and careless lenders; of Cold War interests and Wall Street pressure; of third world governments who get given it, and third world people who have no access to it. Noreena Hertz, one of the world's leading experts on economic globalisation, argues that this is not an issue of left or right: it is an issue of right versus wrong; of peace versus war. It must be addressed now.

Iou : The Debt Threat and Why We Must Defuse It

Business & Money

Economics

Fourth Estate

We are bombarded with images of poverty, terrorism, war and collapsing states. Do we ever question what the root cause of these problems might be? Noreena Hertz, one of the world's leading experts on economic globalization, tackles Third World Debt as a situation that must be resolved if we are ever to see global stability. For every $1 the West gives to developing countries in aid, developing countries pay the West $9 in debt service. At the beginning of the new millennium we are witnessing a global debt crisis of unprecedented size. Sub-Saharan Africa owes $200 billion, Brazil $223.8 billion, Argentina $155 billion. Why does this matter? In this shocking, ground-breaking book, Noreena Hertz shows that these numbers matter because they account for millions of people dying of AIDS; for the rainforests being cut down; for poverty, illiteracy, terrorism and war. These numbers matter because they will affect all of our lives if the balance is not redressed. 'IOU' is a story of avarice but also of vulnerability; of power asymmetries and misuse of influence; of corrupt dictators and careless lenders; of Cold War interests and Wall Street pressure; of third world governments who get given it, and third world people who have no access to it. Noreena Hertz, one of the world's leading experts on economic globalisation, argues that this is not an issue of left or right: it is an issue of right versus wrong, of peace versus war. It must be addressed now.

I.O.U: The Debt Threat and Why We Must Defuse It

Harper-perennial

We are bombarded with images of poverty, terrorism, war and collapsing states. Do we ever question what the root cause of these problems might be? Noreena Hertz, one of the world's leading experts on economic globalization, tackles Third World Debt as a problem which must be resolved if we are ever to see global stability.

IOU : The debt threat and why we must defuse it

Hertz (international business and management, U. of Cambridge) details how a group of Russian firms have evolved during the 1990s, drawing primarily on her own case studies but also on economics, sociology, and management theory. She argues that the kind of market system emerging is quite distinctive, and that though the climate is more competitive, firms are being buffered from selection pressures and conducting business in ways that owe more to the heritage of Soviet central-planning than to the market. Annotation c. by Book News, Inc., Portland, Or.

Russian Business Relationships in the Wake of Reform (St. Antony's Series)

St.Martin's Press

The way we are governed is changing. Government has less and less power to influence our lives, whilst the private sector has more power than ever to control our lives. This title predicts a time when we can make more of an impact through our pockets than through the ballot box.

SILENT TAKEOVER, THE

Biography & History

William Heinemann

The Silent Takeover: The Rise of Corporations and the Death of Democracy

Crown Business

The Silent Takeover: Global Capitalism and the Death of Democracy

Free Press

The Lonely Century

Literature & Fiction

British & Irish

Sceptre

Secolul Singuratatii

Parenting & Relationships

Humanitas

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Books by NOREENA HERTZ