Format:
Lit. S. 222-223
ISSN:
0342-8176
Content:
The vast majority of global natural resources is consumed and destroyed by a small minority of mankind in industrialised countries. The paper assesses the role that the international financial system and financial markets play in affecting access, consumption and destruction of global natural resources. By reviewing the causal links between the dynamics of indebtedness, currency crises and the proliferation of project finance by credit and direct investment on the one hand with exploitation of natural resources and the geographical distribution of their consumption and valorisation. It appears that the international financial system plays a significant and systemic role in facilitating the concentration of the global natural resources' consumption in the North. (Prokla / FUB)
Note:
Zsfassung in engl. Sprache
In:
Prokla, Berlin : Bertz + Fischer, 1976, 35(2005), 2/139, Seite 203-223, 0342-8176
In:
volume:35
In:
year:2005
In:
number:2/139
In:
pages:203-223
Language:
German
Keywords:
Aufsatz in Zeitschrift
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