Dark Victory
The United States and Global Poverty

In this fiercely critical study of Western aid giving, the authors offer a persuasive argument that recolonisation of the Third World has been carried out through the agencies of the International Banks.

Recipients of 'structural adjustment' loans from the West, have been forced to accept these polices, with disastrous consequences. Hailed as a classic study of global poverty, Dark Victory is now reissued with a substantial new epilogue by the author.

ForewordNew Introduction 1. The Great reversal2. Challenge from the South3.
Liberalism and Containment4.
Reaganism and Rollback 5.
Adjustment: The record6.
Adjustment: The Costs7.
Adjustment: The Outcome8.
Disciplining the NICs
9.
Adjusting America
10. Dark Victory11. The Battle for the 21st Century12. Epilogue: Asian Economic ImplosionNotes and ReferencesAppendixGlossarySelected ReadingsIndex