"The Economic Hitmen: How Corporations and Governments Manipulate Developing Economies"

The Economic Hitmen: How Corporations and Governments Manipulate Developing Economies

This term, coined by John Perkins, refers to individuals who work for international financial institutions like the World Bank and the International Monetary Fund. These "hitmen" are tasked with convincing developing countries to adopt economic policies that benefit Western corporations and governments. These policies often involve privatization, deregulation, and debt restructuring, which can lead to economic instability and increased poverty in the developing countries.