Misplaced Pages

Enough Is Enough (letter)

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

This is an old revision of this page, as edited by Dejvid (talk | contribs) at 20:58, 17 February 2019 (forcing it to seek help from the IMF). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Revision as of 20:58, 17 February 2019 by Dejvid (talk | contribs) (forcing it to seek help from the IMF)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)

"Enough Is Enough" is a 100-page resignation letter written by Davison L. Budhoo, an economist from Grenada. Budhoo served as a senior economist at the International Monetary Fund (IMF) for 12 years until May 1988. His public resignation letter was sent to Michel Camdessus, the then managing directory of the IMF. The letter accused the IMF of extensive and systematic statistical fraud, which was then used to impose policies on developing countries. Budhoo claimed that the consequences of these policies led to massive poverty and starvation. The letter resulted in two studies commissioned by the government of Trinidad and Tobago (which had had its credit rating hit due to the false statistics forcing it to seek help from the IMF) that confirmed his accusations. The Canadian author Naomi Klein reported on the letter in her 2007 book, The Shock Doctrine.

References

  1. Kevin Danaher (1994). 50 Years is Enough: The Case Against the World Bank and the International Monetary Fund. South End Press. pp. 20–. ISBN 978-0-89608-495-7.
  2. Ronald Kokinda (20 April 1990). "Budhoo to organize to halt IMF crimes" (PDF). EIR (Executive Intelligence Review). Retrieved 11 June 2018.
  3. ^ K. M. Seethi (31 July 2016). "Enough Is 'Not' Enough: Is Kerala Poised For Social Darwinism?". Countercurrents. Retrieved 11 June 2018.
  4. The Shock Doctrine, Naomi Klein, p262
  5. "Proven: IMF brings down economies intentionally". Skwawkbox.org. 27 August 2012. Retrieved 11 June 2018.

External links

Stub icon

This economic policy related article is a stub. You can help Misplaced Pages by expanding it.

Categories: