Loans to developing countries from the World Bank often result in interest payments exceeding the total amount received in international aid.
Synopsis
Loans to developing countries from the World Bank often result in interest payments exceeding the total amount received in international aid.
Synopsis
Dr. Susan George, author of The Debt Boomerang, discusses the consequences of loans from the World Bank to developing countries in the 1992 documentary War By Other Means. The film details how these loans often lead to higher interest payments than the aid received. It also addresses Structural Adjustment Programs, which aim to help countries compete globally but instead lower wages and shift wealth from the poor to the rich. John Pilger and David Munro direct this critical examination of economic policies.
Deep Dive
Why Watch
- See how World Bank loans impact developing nations.
- Find out why Structural Adjustment Programs lower wages.
- Meet Dr. Susan George and her views on debt.
Did You Know
- The documentary claims that loans from the World Bank result in countries paying more interest than they receive in aid.
- Structural Adjustment Programs are said to lower wages in developing countries.
- Dr. Susan George is featured as an expert on the consequences of debt.
Perfect For
Frequently Asked Questions
What is the main focus of War By Other Means?
War By Other Means focuses on loans to developing countries from the World Bank and how these loans result in higher interest payments than the aid received.
Who is featured in the documentary War By Other Means?
Dr. Susan George, author of The Debt Boomerang, is featured in the documentary.
What are Structural Adjustment Programs and their effects?
Structural Adjustment Programs are intended to help countries compete in the global economy, but they often lead to lower wages and a transfer of wealth from poor to rich.
What are people saying?
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