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Saskia Sassan Interview (06/04)

Across Latin America, new social movements are demanding social justice and challenging the policies of the International Monetary Fund (IMF) and World Bank. New governments, most openly progressive or claiming to be, have formed alliances to negotiate collectively with developed countries about economic policy, external debt, foreign investments, and free trade.

Venezuela, Brazil, Argentina, and Bolivia are rejecting the 1990s neo-liberal policies, which increased poverty, unemployment, political crisis, corruption, and external debt. The informal economy has invaded the cities: People barter, sell food on the street, offer services without paying taxes, or trade illegally.
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