Creation of world poverty c.1
- New Delhi Select book Service Syndicate 1982
- 128 p.
This book challenges the assumptions, made for example by the Brandt Report, that the West, through its aid agencies, is 'helping the rest of the world to develop. Far from rescuing the countries of Asia, Africa and Latin America from their supposed backwardness, the rich countries have accumulated vast wealth at their expense. Teresa Hayter shows that an economic system has been established of fundamental Inequality. And this is being reinforced even now. The growth of multinationals has provided a new means of draining wealth from the poor countries to the rich; and governments are taking on the burden of massive and escalating debts to Western banks: and institutions.