Life and Debt
At what expense comes the global economic domination of industrial capitalist countries? The globalization process currently spreading through the world has many negative effects. In developing countries like Jamaica, many economic policies are adversely affecting the lives of the population. This process is fueled by multi-national economic organizations, such as the World Trade Organization (WTO), the International Monetary Fund (IMF), and the World Bank. These organizations give development assistance and loans to third-world countries in exchange for flexibility in trade policies with other countries, and in addition to their compliance with structural adjustment policies (SAPs).
debt, Word Trade Organization, International Monetary Fund, Word Bank, SAPs, structural adjustment, globalization, developing world, global economy
Growth and Development | International Economics
Black, Stephanie. "Life and Debt." Ensemble video, 00:44:08. September 9, 2007. https://ensemble.dickinson.edu/Watch/Lm72WkYs