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"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.
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Previews available in: English
Subjects
Economic history, Economic policy, Foreign economic relations, International Monetary Fund, Poverty, Structural adjustment (Economic policy), Supply-side economics, World Bank, Pobreza, Relations économiques extérieures, Economische politiek, Ajustement structurel (Économie), Économie de l'offre, Política económica, Armoede, Relaciones económicas exteriores, Historia económica, Fonds monétaire international, Histoire économique, Economische hervormingen, Banque mondiale, Politique économique, Pauvreté, United states, economic policy, 1981-1993, United states, foreign economic relations, Developing countries, economic policy, Voluntarism, International relationsShowing 2 featured editions. View all 2 editions?
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1
Dark victory: the United States and global poverty
1999, Pluto Press, Food First, Transnational Institute
in English
- 2nd ed.
0935028765 9780935028768
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2
Dark victory: the United States, structural adjustment, and global poverty
1994, Pluto, Food First, TNI
in English
0745308333 9780745308333
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Book Details
Edition Notes
Includes bibliographical references (p. 142-143) and index.
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