Unholy Trinity The IMF, World Bank and WTO

ISBN-10: 1848132522
ISBN-13: 9781848132528
Edition: 2nd 2009 (Revised)
Authors: Richard Peet
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Description: Who really runs the global economy? The triad of "governance institutions"--The IMF, the World Bank and the WTO. Globalization hugely increased these undemocratic institutions' power, drastically affecting the livelihoods of peoples across the world  More...

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Book details

List price: $34.95
Edition: 2nd
Copyright year: 2009
Publisher: Zed Books, Limited
Publication date: 5/14/2009
Binding: Paperback
Pages: 304
Size: 5.50" wide x 8.50" long x 0.75" tall
Weight: 1.188
Language: English

Who really runs the global economy? The triad of "governance institutions"--The IMF, the World Bank and the WTO. Globalization hugely increased these undemocratic institutions' power, drastically affecting the livelihoods of peoples across the world with their particular kind of neoliberal capitalism. Their 'Washington Consensus' proposed that poverty was to be ended by increasing inequality. This new edition ofUnholy Trinityis completely updated and revised. It argues neoliberal global capitalism has produced an unstable global economy, rife with speculation and structurally prone to crises. Indeed the crisis is now so severe that governance will become impossible. The IMF is in disgrace, the WTO can hardly meet and the World Bank survives as a global philanthropist. Is this the end for the Unholy Trinity?

Globalism and Neoliberalism
Bretton Woods: Emergence of a Global Economic Regime
The International Monetary Fund
The World Bank
The World Trade Organization
Global Financial Capitalism and the Crisis of Governance

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