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[Mar. 8th, 2011|08:04 pm] |
Štighļics pirms 10 gadiem:
Step One is Privatization - which Stiglitz said could more accurately be called, 'Briberization.'
After briberization, Step Two of the IMF/World Bank one-size-fits-all rescue-your-economy plan is 'Capital Market Liberalization.'
At this point, the IMF drags the gasping nation to Step Three: Market-Based Pricing, a fancy term for raising prices on food, water and cooking gas.
This leads, predictably, to Step-Three-and-a-Half: what Stiglitz calls, "The IMF riot."
Now we arrive at Step Four of what the IMF and World Bank call their "poverty reduction strategy": Free Trade. |
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