Confessions of an Economic Hit Man - Chapter 5 Summary & Analysis

John Perkins
This Study Guide consists of approximately 28 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of Confessions of an Economic Hit Man.
This section contains 258 words
(approx. 1 page at 400 words per page)

Chapter 5 Summary and Analysis

It took a few days to get registered in Jakarta. Once they were finished in Jakarta, everyone went to a mountain city called Bandung. They stayed in a government guest house, with servants, a cook, gardener and manager. They received numerous other perks, which gave them a lavish lifestyle. John had meetings with Charlie and a man named Howard Parker. Howard was responsible for forecasting the amount of energy Java would need over the next twenty-five years. Howard knew what he was doing. His job relied heavily on John's forecasts, too, since electric demand is directly correlated with economic growth. Charlie thus kept reminding John how important it was to create a positive economic study with high growth.

Howard was described to John as a "stubborn, mean, and vindictive" man. Howard was not comfortable with the goals of MAIN. One day, Howard took John aside in secret and told him not to believe the grand ideas that MAIN was promoting. He said "they'll try to convince you that the economy is going to skyrocket." John assured him that the economy would. Howard would make his forecast based on what Howard believed, not on John's economic study. The islands would never exceed 6%-9% of electric load growth per year—the 17% MAIN suggested was outrageous.

John had to convince himself that he was doing the right thing. A few days later, Howard got sick and went back to the U.S. Howard said he would not be part of the scam.

This section contains 258 words
(approx. 1 page at 400 words per page)
Confessions of an Economic Hit Man from BookRags. (c)2017 BookRags, Inc. All rights reserved.
Follow Us on Facebook