Capital and the Debt Trap
Learning from cooperatives in the global crisis
Présentation de l'éditeur
The recent financial crisis has had a devastating impact around the globe. Thousands of businesses have closed, millions of jobs have been cut and many people have lost their homes. Capital and the Debt Trap explains how key economies have fallen into a 'debt trap', linking the financial sphere to the real economy, and looks into alternatives to the constant stream of financial bubbles and shocks. Overlooked by many, cooperatives across the world have been relatively resilient throughout the crisis. Through four case studies, this book explores their strategies, providing an in-depth analysis within a broader debate on wealth generation and a sustainable future. To all those interested in political economy, enterprise governance, development studies and cooperatives, Capital and the Debt Trap opens up new ways of thinking.
CLAUDIA SANCHEZ BAJO has a PhD in development studies (ISS, The Hague). She has lectured in The Netherlands, Germany, China and Latin America. She has published The Political Economy of Regionalism – Business Actors in Mercosur in the Petrochemical and Steel Industrial Sectors (2001), and contributed to The Political Economy of Regions and Regionalisms (2005). She is also a certified translator specialising in political economy.
BRUNO ROELANTS has a Master's in labor studies. He is Secretary General of CICOPA, the sectoral organization of the International Cooperative Alliance for industrial and service coperatives. He has worked on development projects in China, India and Eastern Europe, and coordinated the cooperative negotiating group on ILO Recommendation 193 on the Promotion of Cooperatives. He has lectured on cooperatives and local development in Italy and is co-author of Cooperatives, Territories and Jobs (2011).