A critical story is on sale!

A critical story is on sale!
A critical story is on sale!

Until the Fall Meetings, World Bank: A Critical History is on sale!

15 euros (shipping included)

July the 5th


Eric Toussaint

CADTM Belgium

World Bank, A Critical History, is on sale! Until the CADTM Fall Meetings on October 4, 2024. To get it for €15, including shipping, fill out this form, selecting World Bank, A Critical History. Then pay €15 into the CADTM account with the following message: “World Bank promo purchase”.

Here is a preview of the book:

Keys to answering a series of questions concerning this global institution.

The world Bank
world Bank

The World Bank is a group of two organizations, the IBRD (International Bank for Reconstruction and Development) and the IDA (International Development Association). The International Bank for Reconstruction and Development (IBRD) was created in July 1944 at Bretton Woods (United States), at the initiative of 45 countries meeting for the first United Nations Monetary and Financial Conference.

As of 2022, 189 countries are members.

Click for more details. is it seeking to combat global poverty? What is its track record over more than seven decades of work? Who runs the World Bank and how does it work? What are its relationships with the major powers, particularly the United States? What are its relations with other major international institutions such as the UN, the FMI
International Monetary Fund

The IMF was created in 1944 at Bretton Woods (along with the World Bank, its sister institution). Its aim was to stabilize the international financial system by regulating the movement of capital.

To date, 190 countries are members (the same as the World Bank).

Click for more details. , theOMC
World organization of commerce

Created on 1is January 1995 to replace the GATT. Its role is to ensure that none of its members engages in any protectionism, in order to accelerate the global liberalization of trade and promote the strategies of multinationals. It has an international tribunal (the Dispute Settlement Body) to judge any violations of its founding text of Marrakech.

The WTO operates on a “one country, one vote” basis, but delegates from the countries of the South are no match for the tons of documents to be studied, the army of civil servants, lawyers, etc. from the countries of the North. Decisions are taken between the powerful in the “green rooms”.

Website: www.wto.org ? Why do the policies it recommends not guarantee that people will meet their basic needs and rights? Why does the World Bank support dictatorial regimes? Why does it intervene to destabilize or help overthrow governments that are seeking an original path? Why does it claim that rising inequality is necessary for development? Why does it claim that countries in the South must get into debt to develop? Does it bear any responsibility for the outbreak of the crises of the this
Multilateral debt : Debt owed to the World Bank, the IMF, regional development banks such as the African Development Bank, and other multilateral institutions such as the European Development Fund.
Private debt : Loans taken out by private borrowers regardless of the lender.
Public debt : All loans taken out by public borrowers.

developing countries? What is the impact of its action on food security, on the environment, on public health, on women, on those who live from their work?

This book takes a chronological approach to analyzing the World Bank from its origins to 2021.

The World Bank in its political and geostrategic context: the Philippines, Turkey, Indonesia, South Korea, Mexico, Ecuador, Rwanda and East Timor.

Release: January 2022

Pages : 536

Format : 150 x 210

ISBN : 978-2-84950-995-1


Eric Toussaint

Doctor of political science from the universities of Liège and Paris VIII, spokesperson for CADTM international and member of the Scientific Council of ATTAC France.

He is the author of the books, World Bank – A Critical HistorySyllepse, 2022, Adult Surrender: Greece 2015, an Alternative Was PossibleSyllepse, 2020, The Debt System. History of Sovereign Debts and Their RepudiationThe bonds that liberate, 2017; BankocracyADEN, Bruxelles, 2014 ; Trial of an exemplary manAl Dante Editions, Marseille, 2013; A look in the rearview mirror. Neoliberal ideology from its origins to todayLe Cerisier, Mons, 2010. He is co-author with Damien Millet of the books AAA, Audit, Cancellation, Other policyThe Threshold, Paris, 2012; Debt or lifeAden/CADTM, Brussels, 2011. This last book received the Political Book Prize awarded by the Liège Political Book Fair.

He coordinated the work of the Truth Commission on the Public Debt of Greece established on 4 April 2015 by the President of the Greek Parliament. This commission operated under the auspices of the parliament between April and October 2015.



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