Hot Money and the Politics of Debt

by R.T. Naylor

Book Overview

The third edition of Hot Money and the Politics of Debt is an updated examination of the most intractable problems currently facing the world economy: the simultaneous emergence of hot money and of a massive, growing, and ultimately unrepayable debt imposed on the world's poor countries.

• Format: Paperback
• Language: English
• ISBN: 1895431948
• ISBN13: 9781895431940
• Release Date: March 2000
• Publisher: Black Rose Books
• Length: 532 Pages
• Weight: 1.10 lbs.

Customer Reviews

Excellent, even if "grand unification" theme is suspect

This is a book every single US Senator and Representative should read. The title derives from the reality that illicitly gotten funds create their own momentum as the funds are laundered throughout the world, creating interest, mayhem, and leaving 3rd world countries (preyed upon for weak financial regulations) struggling under massive debt they didn't really incur.