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PAPERBACK ISBN: 0-88258-245-3 $32.95 352 pages; 5.5 x 8.5 inches
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Up the Down Escalator: Development and the International Economy--A Jamaican Case Study by Michael Manley Up the Down Escalator: Development and the International Economy—A Jamaican Case Study, by former Jamaican Prime Minister Michael Manley, examines the need for change in an economy where adverse conditions translate into immediate and painful effects for Third World people. Manley is both a student of history and a political leader, and with the diligence of one and the savvy of the other, he supplies a link missing from some studies of the Third World’s downward spiral. Focusing on Jamaica, Manley provides a close-up view of how developing countries operate in an economy that was not designed to incorporate them as independent nations—in theory or in practice. The capitalist-oriented practices of world funding agencies, he reveals, entangle developing countries struggling to secure foreign aid. He delineates how the technological prowess of transnational corporations disables poor nations fighting to market a “fair share” of their own natural resources. |
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