Debt is political: Why wealth flows from poor to rich
Geopolitical Economy Report
The Political Dynamics of Debt: War, Finance, and Inequality
This chapter explores the complex relationship between debt and conflict, highlighting how wars are financed and the financial challenges faced by nations like Ukraine and Taiwan. It also sheds light on the enduring third world debt crisis and the roles of institutions such as the IMF and World Bank in perpetuating debt cycles for developing countries.
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