The Direct Contribution of the International Financial System to Global Poverty

14 Pages Posted: 19 Dec 2013

See all articles by Ross P. Buckley

Ross P. Buckley

University of New South Wales (UNSW) - Faculty of Law

Date Written: December 14, 2013

Abstract

The international financial system has made a major, direct and sustained contribution to global poverty for the past 30 years. It has worsened it. It has done so in two main ways. First, the analytical framework and perspective the International Monetary Fund has brought to its role in developing countries has served to promote and entrench poverty. Secondly, the socialisation of private sector debt which the IMF has orchestrated or been complicit in has directly contributed to poverty in many countries.

Suggested Citation

Buckley, Ross P., The Direct Contribution of the International Financial System to Global Poverty (December 14, 2013). UNSW Law Research Paper No. 2013-81. Available at SSRN: https://ssrn.com/abstract=2369322

Ross P. Buckley (Contact Author)

University of New South Wales (UNSW) - Faculty of Law ( email )

Sydney, New South Wales 2052
Australia

Register to save articles to
your library

Register

Paper statistics

Downloads
100
rank
260,722
Abstract Views
434
PlumX Metrics
!

Under construction: SSRN citations will be offline until July when we will launch a brand new and improved citations service, check here for more details.

For more information