Debt Crisis: An Unnatural Disaster
1991, 28:00 minutes, colour
The Caribbean has survived natural disasters from hurricanes to earthquakes, yet today it faces another form of disaster that is even more frightening and life-threatening than the turbulent forces in nature. The new crisis is economic and its origins are humans. With great intelligence and dry humour, Debt Crisis: details the impact of current international economic policies on the tiny islands of the Caribbean.
The tape opens with fast-paced snapshots of foreign tourists enjoying the luxurious wealth of tropical vacation resorts. This image is contrasted throughout the tape with the harsh realities of poverty, hunger, and an international debt burden that affects every individual, from grannie to baby, in the Caribbean. In 1990, $10 billion U.S. was owed in debt by the English-speaking Caribbean.
Using an interesting mixture of drama and documentary, the tape provides an excellent analysis of structural adjustment and events whose impact is global, and devastating.
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