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Dark Victory: The United States and Global Poverty (Transnational Institute)

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Title: Dark Victory: The United States and Global Poverty (Transnational Institute)
by Walden Bello, Shea Cunningham, Bill Rau, Susan George
ISBN: 0-935028-61-7
Publisher: Food First Books
Pub. Date: February, 1999
Format: Paperback
Volumes: 1
List Price(USD): $14.95
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Average Customer Rating: 5 (2 reviews)

Customer Reviews

Rating: 5
Summary: Absolutely the best summary on IMF/WB Policies
Comment: This short but powerful book provides the best and most concise review of the disastrous policies that have been developed by the World Bank and International Monetary Fund. Bello traces the origins of structural adjustment programs and then follows their effects into countries around the world.

Although originally published in 1994, the material is more relavent than ever. A MUST READ.

Rating: 5
Summary: Best short work on the role of the IMF in global misery
Comment: Bello provides a clear, concise and well evidenced argument that the structural adjustment programs of the IMF and World bank have sunk the countries of the global south into deeper and deeper debt and impovereshment. Bello sets this argument in the historical frame of the northern backlash against the rising economic power of the south. He also links the economic philosophy behind adjustment to the widening prosperity gap and falling real wages in the north.

A must read for all those curios about the World Bank and IMF and why people are against them.

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