By Walden Bello
Publisher: Food First and Focus on the Global South
Date of Publication: May 2001
“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
Preface by Anuradha Mittal
Part I: Bretton Woods system in crisis
The iron cage: the WTO, the Bretton Woods institutions and the South
Why reform of the WTO is the wrong agenda
Jurassic fund: should developing countries push to decommission the IMF?
Meltzer report builds case for abolition of Bretton woods twins
Part II: Speculative capital and the Asian financial crisis
Asian financial crisis: the movie
Fast track capitalism, geoeconomic competition and the sustainable development challenge
East Asia: on the eve of the great transformation
Notes on ascendancy and regulation of global finance
Breaking with faith
Power, timidity and irresponsibility in global finance
Part III The US: Globalization, geopolitics and unilateralism
US economic expansion: boon or bane for Asia?
The shrimp-turtle controversy and the rise of green unilateralism
Dangerous liaisons: progressives, the right and the anti-China trade campaign
Why land reform is nolonger possible without revolution
Washington and the demise of the third wave of democratization
Part IV: The struggle for the future
Prague 200: toward a deglobalized world
Global civil society: promises and pitfalls
2000: The year of global protest against globalization
Washington’s political transition threatens Bretton Woods twins
When Davos meets Porto Alegre: a memoir
ISBN:0935028846
To order, visit: Food First