Publisher's Synopsis
This book explores the role of governments and financial institutions in managing the markets in the developing world. These 'Great Predators' are trapping the populations of the Global South in a permanent cycle of austerity. Through a framework of political economy, Money and Power shows how pseudo-public 'development' institutions retain complete economic control over developing markets, while the international system remains unregulated. Operating in the interests of North America and the European Union, these Great Predators have a political purpose, and yet serve to cloud the brute power relations between states.
