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Hot Money and the Politics of Debt
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Explains the origins of a pool of hot and homeless money, its uses and abuses and how the world of high finance, corporate and governmental, became hostage to it

About the Author

R.T. Naylor is professor, economics, McGill University, and the author of many books, including Economic Warfare: Sanctions, Embargo Busting, and Their Human Cost, and Bankers, Bagmen, and Bandits: Business and Politics in the Age of Greed.

Reviews

"Naylor's book is a damning indictment of the way the world is run." The Toronto Sun "Naylor outlines in convincing ... detail the controversial mechanisms by which international financial relations are conducted." MacLean's Magazine "Naylor's presentation is disturbing reading. For that reason alone it merits the attention of anyone concerned about the current international monetary mess, its potential for destruction - and its heart-rending impact on millions of defenceless people." Telegraph Journal "[An] extraordinary book." Irish News "Naylor spells out a bewildering array of concealment techniques that enabled ex-Philippines president Ferdinand Marcos and deposed Haitian dictator Jean-Claude (Baby Doc) Duvalier to spirit large sums of money out of their countries. And for every hot money haven that comes under pressure, perhaps a dozen more open up." The Toronto Star

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