By Walden Bello Publisher: Zed Books; Revised Edition (June 30, 2005) How to manage the global economy – and, more fundamentally, whether humanity wishes it to go in an ever more market-oriented, transnational corporation-dominated, and capital-footloose direction – is the most important international question of our time. In this short and trenchant history of those bodies — the World Bank, IMF, WTO, and Group of Seven — which have promoted this economic globalization, Walden Bello: Points to their manifest failings Examines the major new ideas put forward for reforming the management of the world economy Argues for a much more fundamental shift towards a decentralized, pluralistic system of global economic governance allowing countries to follow development strategies sensitive to their own values and particular mix of constraints and opportunities. Order from...

By Walden Bello and Stephanie Rosenfeld Publisher: Food First (August 1990) Challenging the prevailing wisdom on Asia’s “miracle economies,” Dragons in Distress argues that South Korea, Taiwan, and Singapore are headed for crisis. Writing for a diverse audience, Walden Bello and Stephanie Rosenfeld lead their readers on an exploration of the different dimensions of this crisis: environmental degradation, agriculture on the road to extinction, deteriorating labor-management relations, eroding political legitimacy, and deepening structural fissures in the industrial economy. Order from...

By Walden Bello Edited with a preface by Anuradha Mittal Publisher: Food First (May 1, 2001) Third World activist and scholar Walden Bello is one of the most astute and ardent critics of the international financial institutions. His new collection of essays, The Future in the Balance, tells the truth about the World Trade Organization, International Monetary Fund, and the World Bank, and their grip on the Third World. Rarely have the true causes of the financial crisis — the American, European, and Japanese financial institutions that advocated free market economies based on the principles of liberalization, deregulation, and privatization — been so clearly and eloquently spelled out. The essays in The Future in the Balance show how a world has been created where the poor are left to meet their needs in a skyrocketing free market, and protectionism and cronyism exists for banks and corporations. Bello shatters the myths of development as prescribed by these institutions and offers the possibility of another world based on fairness and...

By Walden Bello, Shea Cunningham and Bill Rau Foreword by Susan George Publisher: Food First; New edition (February 1999) 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 US to shore up the North's domination of the international economy and reassert corporate...

By Walden Bello, Shea Cunningham, and Li Kheng Poh Publisher: Food First Oakland, CA (1998) A Siamese Tragedy argues that, even before the collapse, the Thai economy had feet of clay. Walden Bello and his co-authors show how vested interests, local and international, propelled the Thai people down a particular path which is unsustainable in terms of human exploitation, social disruption, ecological damage, and economic fragility.  Thailand, like the rest of the world, needs to rethink the fundamentals of its economic model.  ...