Description
Alternatives for the Global Economy
By Stuart Holland
Castigating the IMF and the World Bank for their structural adjustment policies, Stuart Holland also critizes the limits of the GATT paradigm of international trade in an era which both investment and trade are determined by mulitnational companies. He argues the evidence shows that trade liberalisation of itself does not maximise global welfare or employment, and claims that the unemployment trend for main regions of the world economy is potentially catastrophic.