Money and Power: Great Predators in the Political Economy of Development

Sarah Bracking explores the role of governments and development finance institutions in managing the markets in which the poorest countries operate. These institutions — the 'Great Predators' — are trapping the populations of the south in a permanent cycle of austerity.

Bracking examines the political economy relations between states. She shows how pseudo-public 'development' institutions retain complete economic control over Southern markets, yet the international system is itself unregulat...