The South African Civil Society Information Service
A nonprofit news agency promoting social justice. Seeking answers to the question: How do we make democracy work for the poor?
A nonprofit news agency promoting social justice. Seeking answers to the question: How do we make democracy work for the poor?
This excerpt from the Massachusetts School of Law argues that the IMF and World Bank compelled Latin American nations to make structural adjustments, which are a form of neoliberal economics that include privatization and open markets.
Open markets and less regulation in Latin America, as well as in other developing countries, have led to the destruction of small businesses, as large companies from America and other parts of the developed world entered their markets.
The video clip is a response to Banked into Submission.
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