A critique of why Third World poverty is so prevalent. Hunger and malnutrition stalk the countries of the South. Over the last 20 years, as the populations of these countries have increased, so too has mass poverty. In this critical study of Western aid giving, Bello offers a pursuasive argument that re-colonization of the Third World has been carried out through the agencies of the International Banks. Bello argues that the Reagan Administration came to power with an agenda to discipline the Third World and in pursuing this policy, the United States pushed the World Bank to shift its resources to structural adjustment lending. Such power, Bello asserts, was used by the Reagan treasury Department to blast open Third World economies and the consequence of such actions has resulted in lower barriers to reduction of social welfare spending, wage cuts and devaluation of local currencies. Recipients of any lending from the West have been forced to accept these policies, with disastrous consequences.

Dark Victory: The United States & Global Poverty

Business & Money

Walden Bello

Economics

Pluto Press/Food First

Based on 6,000 pages of secret documents.

Development Debacle: The World Bank in the Philippines

David Kinley

Elaine Elinson

Institute for Food and Development Policy

A critique of why Third World poverty is so prevalent. Hunger and malnutrition stalk the countries of the South. Over the last 20 years, as the populations of these countries have increased, so too has mass poverty. In this critical study of Western aid giving, Bello offers a pursuasive argument that re-colonization of the Third World has been carried out through the agencies of the International Banks. Bello argues that "the Reagan Administration came to power with an agenda to discipline the Third World" and in pursuing this policy, the United States pushed the World Bank to shift its resources to "structural adjustment" lending. Such power, Bello asserts, was "used by the Reagan treasury Department to blast open Third World economies" and the consequence of such actions has resulted in lower barriers to reduction of social welfare spending, wage cuts and devaluation of local currencies. Recipients of any lending from the West have been forced to accept these policies, with disastrous consequences.

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

International

Food First

Written by a premier group of thinkers from around the world, Alternatives to Economic Globalization is the defining document of the antiglobalization movement. It presents both a sober critique of globalization as well as practical, thoughtful alternatives.
The authors assert ten core requirements for democratic societies, including equality, basic human rights, local decision making, and ecological sustainability, and demonstrate how globalization undermines each. Offering specific strategies for reining in corporate domination, they address alternative systems for energy, agriculture, transportation, and manufacturing; ideas for weakening or dismantling the WTO, World Bank, and IMF; and rebuilding economies that are responsive to human needs.

Alternatives to Economic Globalization

John Cavanagh

Vandana Shiva

Jerry Mander

Edward Goldsmith

Sarah Anderson

Debi Barker

Maude Barlow

Robin Broad

Tony Clarke

Randy Hayes

Colin Hines

Andrew Kimbrell

David Korten

Helena Norberg-Hodge

Sara Larrain

Simon Retallack

Victoria Tauli-Corpuz

Lori Wallach

Berrett-Koehler Publishers

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Books by Walden Bello