This work looks at how contemporary global economic policies are made: by which institutions, under what ideologies, and how they are enforced. The author reveals the central roles played by organizations such as the IMF and the World Bank in supervising the livelihoods of over 2.5 billion people. He shows that neoliberal economic policy is enforced by a few thousand unelected and unaccountable experts in the North and has failed to deliver tolerable living conditions for the poor. The book argues for a new geographic theory of power, exercised through dominant institutions, concentrated in hegemonic power centers. It seeks to transform the existing geography of policy-making power by exposing its structures, centers and mechanisms, critiquing its intellectual foundations, uncovering its un-democratic justifications, and passionately supporting its opponents. The conclusion makes a further positive contribution by exploring policy alternatives that point the way forward.
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About the Author
Short Richard Peet is Professor of Geography at Clark University in Worcester, Massachusetts, USA. Long Richard Peet is Professor of Geography at Clark University in Worcester, Massachusetts, USA. He obtained his BSc (Econ) at the London School of Economics, his MA from the University of British Columbia, and his PhD at the University of California. He was the Editor of the radical geography journal, Antipode, from 1970 to 1985 and Co-Editor of Economic Geography between 1992 and 1998. His published books include: Radical Geography (Maaroufa Press, Chicago, 1977), Global Capitalism: Theories of Societal Development (Routledge, London 1991), Modern Geographical Thought (Blackwell, Oxford, 1998), (with Elaine Hartwick) Theories of Development (New York: Guilford 1999), (with Michael Watts) Liberation Ecologies (London: Routledge 1996 and 2004) and Unholy Trinity: The IMF, World Bank and WTO (Zed Books, 2003). Unholy Trinity has been translated into Spanish as La Maldita Trinidad and is being translated into Arabic and Korean.