The Future in the Balance

Essays on Globalization and Resistance

by
Walden Bello

Publisher: Food First and Focus on the Global South
Date of Publication: May 2001
288 P.P

"The Future in the balance clearly and eloquently explains the true causes of the financial crisis-the institutions that advocated free market economies based on the principles of liberalization, deregulation and privatization. Bello tells the truth about the world trade Organization, international Monetary fund and the World Bank, and their grip on the third world. He shatters the myths of development as prescribed by these institutions and offers possibilities of another world based on fairness and justice."

-The New Internationalist

Contents

Preface by Anuradha Mittal

Part I: Bretton Woods system in crisis

  1. The iron cage: the WTO, the Bretton Woods institutions and the South
  2. Why reform of the WTO is the wrong agenda
  3. Jurassic fund: should developing countries push to decommission the IMF?
  4. Meltzer report builds case for abolition of Bretton woods twins

Part II: Speculative capital and the Asian financial crisis

  1. Asian financial crisis: the movie
  2. Fast track capitalism, geoeconomic competition and the sustainable development challenge
  3. East Asia: on the eve of the great transformation
  4. Notes on ascendancy and regulation of global finance
  5. Breaking with faith
  6. Power, timidity and irresponsibility in global finance

Part III The US: globalization, geopolitics and unilateralism

  1. US economic expansion: boon or bane for Asia?
  2. The shrimp-turtle controversy and the rise of green unilateralism
  3. Dangerous liaisons: progressives, the right and the anti-China trade campaign
  4. Why land reform is nolonger possible without revolution
  5. Washington and the demise of the third wave of democratization

Part IV: The struggle for the future

  1. Prague 200: toward a deglobalized world
  2. Global civil society: promises and pitfalls
  3. 2000: The year of global protest against globalization
  4. Washington's political transition threatens Bretton Woods twins
  5. When Davos meets Porto Alegre: a memoir

ISBN:0935028846

Cost: US $ 13.50

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