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Books on Third World Economics  (Sep 2007)

Over the years, I have collected some Economics books that are relevant to current and past happenings in Belize.  If I have enough interest, I will start a discussion group here to talk about these ideas.  Write me if you're interested.

John Perkins: Confessions of an Economic Hit Man

Everyone in the Third World should read this book.  It describes how the "Corporatocracy" (comprised of large corporations, banks, and government) corrupts virtually every small, poor country.  Belize, the most recent target, is not mentioned, but the story of the dams on the Macal River is typical.  

Thomas Friedman: The World Is Flat [Updated and Expanded]: A Brief History of the Twenty-first Century

Friedman has some good ideas about globalization but it's gone awry.  The idea was to move the labor off shore, and keep the management in the US.  But...everything is moving off shore, creating a crisis in the US.  Unemployment, and the end of the American Nuclear Family, eh?

David D. Friedman:  Hidden Order: The Economics of Everyday Life

Lee Kuan Yew: From Third World to First : The Singapore Story: 1965-2000

Francis Gegg, third party candidate for PM in 2004, turned me on to this book.  It describes, in detail, how Lee transformed Singapore rom "the cesspool" of the Orient" into the number one economic power in the world.  For one thing, he hung a bunch of drug dealers -- something that will never happen in Belize!

Polly Pattullo: Last Resorts: Cost of Tourism In the Caribbean (Global Issues)

Cruise ship tourism has destroyed the basic nature of the Caribbean, and Belize is the latest victim.  Read all about it here. 

Hernando De Soto: The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else

  • De Soto explains that most countries don't have the infostructure to make capital real.  Trillions of dollars are owned but  unregistered -- so that they can't be used as collateral for loans.  An amazing book!  e.g. it takes 20 years to register a piece of property in Peru!  De Soto also discusses the difficulties of starting a business south of the border.  Look here for a comparison of Belize and other Central American coutnries.  

Charles Bowden: Down by the River: Drugs, Money, Murder, and Family

The river is the Rio Grande, and Bowden focuses on the traffic around El Paso, but you will learn how Drugs and Money have shaped Mexico, and some differences between MX and BZ.  

Jeffrey Robinson...has a trilogy of books about money, drugs and the people who traffick them.  Belize is not mentioned until the Third book, which focuses on the Caribbean, but even then, the mention is incidental.   

        The Laundrymen

        The Merger : The Conglomeration of International Organized Crime

        The Sink

And a movie!  An enjoyable way to learn the truth about Cocaine and Narco-bux.

Blow. the story of George Jung, the man who established the American cocaine market in the 1970's. You will see a house overflowing with money, and understand the real economics of narco-bux.  

 

        

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