Brazilian activist Marcos Arruda exposes the problems with his government’s economic policies and the role of the IMF in a new book. External Debt, Brazil and the International Financial Crisis assesses the history and implications of development lending to Brazil and discusses the programme agreed with the IMF in 1998 which has led to major cuts in social expenditure. Arruda concludes with proposals developed through his work with Policy Alternatives for the Southern Cone.
Stephen Kidd critiques Bretton Woods Institutions' approach to targeted social protection systems, arguing the poor lose out the most.
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