This book unveils an international economic development system that often hurts millions of people in developing countries. Taxpayers in wealthy nations provide trillions of dollars in international loans that purports to be for economic development of developing countries; however, these programs rarely bring about meaningful or long-lasting changes. Many programs are designed to gain leverage over recipient countries' governments. The imposition of these organizations' self-serving agendas, he says, merely restricts the freedoms of people in recipient nations, due in part to massive debt burdens. The weight of debt often forces developing countries to raise taxes, which can cause civic strife and violent protests. Thus, taxpayers are funding a messed-up system that actually hurts millions of people around the world.
This book unveils an international economic development system that often hurts millions of people in developing countries. Taxpayers in wealthy nations provide trillions of dollars in international loans that purports to be for economic development of developing countries; however, these programs rarely bring about meaningful or long-lasting changes. Many programs are designed to gain leverage over recipient countries' governments. The imposition of these organizations' self-serving agendas, he says, merely restricts the freedoms of people in recipient nations, due in part to massive debt burdens. The weight of debt often forces developing countries to raise taxes, which can cause civic strife and violent protests. Thus, taxpayers are funding a messed-up system that actually hurts millions of people around the world.
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