Unholy Trinity: The IMF, World Bank and WTO

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Our lives are all affected by three hugely powerful and well financed, but undemocratic, organizations: the International Monetary Fund, the World Bank and the World Trade Organization. These institutions share a common ideology. They aggressively promote "corporate" capitalism, neoliberalism, giving free rein to the interests of a small number of transnational corporations. This book presents the history and fundamental ideas of this economic ideology. Describing each member of the "unholy trinity," it shows how...

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Overview

Our lives are all affected by three hugely powerful and well financed, but undemocratic, organizations: the International Monetary Fund, the World Bank and the World Trade Organization. These institutions share a common ideology. They aggressively promote "corporate" capitalism, neoliberalism, giving free rein to the interests of a small number of transnational corporations. This book presents the history and fundamental ideas of this economic ideology. Describing each member of the "unholy trinity," it shows how neoliberalism hijacked the IMF, World Bank and WTO in relation to their global financial, development and trade management roles.

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Product Details

  • ISBN-13: 9781842770733
  • Publisher: Zed Books
  • Publication date: 11/29/2003
  • Pages: 256
  • Product dimensions: 5.30 (w) x 8.40 (h) x 0.90 (d)

Meet the Author

Richard Peet is Professor of Geography at Clark University in Worcester, Massachusetts.

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Table of Contents

Preface
Abbreviations and Acronyms
1 Globalism and Neoliberalism 1
2 Bretton Woods: Emergence of a Global Economic Regime 27
3 The International Monetary Fund 56
4 The World Bank 111
5 The World Trade Organization 146
6 The Washington - Wall Street Alliance 200
About the Authors 224
Bibliography 227
Index 240
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