Down the Great Financial Drain: How debt and the Washington Consensus destroy development and create poverty

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Susan George in her critique of the power of the Washington Consensus argues that leaving a nation's economy and people to the mercies of the ‘free market’; in other words to the dominant international financial players interested only in short-term profits, is the equivalent of leaving the free fox to guard the free henhouse.Development (2007) 50, 4–11. doi:10.1057/palgrave.development.1100356

Document Type: Research Article


Publication date: June 1, 2007

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