Author: Amal Raj ChellakanPublisher: ISPCKYear: 2007Language: EnglishPages: 459ISBN/UPC (if available): 9788172149654
In this book the author discusses globalization as a highly ambivalent reality with its neo-liberal global capitalism whose free trade and free market, science, and technology are dominant in the world and shows that that strategies used by international organizations, such as the International Monetary Fund (IMF) and the World Bank, whose missions are to assist underdeveloped countries, have been for a long time influenced by the forces that steer economic injustice in times of globalization. It contests this quasi-natural international capital. In laying bare this interconnectedness, it delves into the root causes of the growing poverty among the lowest strata of Third World populations, particularly in India. And it is precisely this delving into root causes that holds out the prospect of finding strategies for change. He also examines human development in terms of empowerment, as proposed by the Indian-born economist Amartaya Sen who wagers on the furtherance of functionings and capabilities of persons as roads to freedom and development.
AcknowledgementsIntroductionAbbreviationsCHAPTER ONE:Globalization and its Effects on the Third WorldIntroduction1. Defining globalization2. Historical forms of globalization3. The globalization thesis4. International economy or globalised economy?5. Globalization from Above: A negative force6. Globalization and IndiaConclusion CHAPTER TWO:The International Monetary Fund (I.M.F.), the WorldBanks, their Structural adjustment programs, and Their approach to PovertyIntroduction1. International Monetary Fund (IMF)2. The World Bank3. Conditionality4. The IMF and The World Bank at the age of Fifty5. Attacking povertyConclusion CHAPTER THREE:Empowerment of the PoorIntroduction1. World Development Report 2000/20012. Beyond globalization: New Directions 3. Development as Empowerment Conclusion CHAPTER FOUR:Theology of Creation and EmpowermentIntroductionUnderstanding creation Theology of solidarityThe Church: Sacrament of historyGlobalization and CatholicityWomen and a theology of empowermentConclusionGENERAL CONCLUSIONBIBLIOGRAPHY