Dark victory
Subtitle: the United States and global poverty
By: Walden Bello with Shea Cunningham and Bill Rau ; foreword by Susan George.
Contributors: Cunningham, Shea, 1968-; Rau, Bill.
Edition: 2nd ed.
Series: Transnational Institute series
Publisher: Pluto Press; Food First; Transnational Institute
Published: 1999
Place of publication: London; Oakland, Calif; Amsterdam
Language: eng
Number of pages: 162
Subjects: International Monetary Fund -- Developing countries.; World Bank -- Developing countries.; Structural adjustment (Economic policy) -- Developing countries.; Poverty -- Developing countries.; Supply-side economics -- United States.; Economic history -- 1971-1990.; United States -- Economic policy -- 1981-1993.; United States -- Foreign economic relations -- Developing countries.; Developing countries -- Foreign economic relations -- United States.
Description: "As we enter the 21st century, many countries of the South are in a state of economic crisis, with once optimistic visions of the future cruelly dashed by rising mass poverty, inequality, and hunger. At the same time, working people in the North find their living standards declining. Dark Victory reveals the roots of these global trends in a sweeping strategy of global economic rollback unleashed by the U.S. to shore up the North's domination of the international economy and reassert corporate control.

Bello argues that lower barriers to imports, removal of restrictions on foreign investments, privatisation of state owned activities, reduction in social welfare spending, and wage cuts and devaluation of local currencies - all conditions of structural adjustment loans from the North - have had disastrous consequences. Dark Victory is now reissued with a new epilogue by the authors."--BOOK JACKET.
Notes: Includes bibliographical references and index.