Dark victory

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.

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 relations

Places: Developing countries,  United States,  Pays en voie de développement,  Países subdesarrollados,  États-Unis,  EE. UU,  Nouveaux pays industrialisés

Times: 1971-1990,  1981-1993,  1971 1990,  1981 1993