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The Global Casino: Currency Speculation
May 19, 1999
Listen/download helpEach day, over $1.5 trillion dollars are traded in currency exchanges--that's far more than is traded in goods and services. As money is bought and sold through rapid electronic transactions, 24-hours a day, many countries around the world are experiencing volatile fluctuations in monetary value with serious social consequences.
On this program we take a look at currency speculation, its effects in Brazil and Malaysia, and some solutions proposed by economists, scholars, and activists.
Featuring:
Norman Uy Carnay, Asian Student Association; Ruthann Cecil, Tobin Tax Initiative; Maria Luisa Mendonca and Kevin Danaher, Global Exchange; Colin Rajah, 50 Years is Enough U.S. Network for Global Economic Justice.
For more information:
Asian Student Association
353 Shanghai St. 4/F
Kowloon, Hong Kong CHINA
+852-23880515; fax: +852-27825535; asasec@netvigator.com
Tobin Tax Initiative
Center For Environmental Economic Development
P.O. Box 4167
Arcata, CA 95518-4167
707-822-7144
www.tobintax.org
Maria Luisa Mendonca and Kevin Danaher
Global Exchange
2017 Mission St., Suite 303
San Francisco, CA 94103
415-255-7296; fax:415-255-7498; gx-info@globalexchange.org
www.globalexchange.org
50 Years is Enough U.S. Network for Global Economic Justice
1247 E Street, SE
Washington, DC 20003
202-IMF-Bank (202-463-2265); fax: 202-544-9359; wb50years@igc.org
www.50years.org
Just Act
333 Valencia St., Suite 101
San Francisco, CA 94103
415-431-4204; fax: 415-431-5953; info@justact.org
www.justact.org