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Development in an Era of Neoliberal Globalization

Author: Henry Veltmeyer

Publisher: Routledge

Published: 2013-08-22

Total Pages: 205

ISBN-13: 1135007187

This book analyses the progress and failures of capitalist development against the backdrop of an increasingly globalised world economy organised on neoliberal principles. It brings together eminent writers on the political economy of international development such as Kari Polanyi-Levitt, Norman Girvan, Osvaldo Sunkel, Paul Bowles, Manfred Bienefeld and Walden Bellos, to examine from a critical perspective the contemporary dynamics of a system in crisis--issues of capitalist development and globalization within the neoliberal world order. The essays, written in tribute to Surendra Patel for his contribution to the field of development studies, cover subjects including the financial crisis of 2008, the regional dynamics of neoliberal globalization, democracy and development, the political economy of natural resource extraction, and the formation of a postneoliberal state oriented towards a new economic model. Drawing on an analysis of the development process in the Caribbean, Latin America, Africa and the Philippines, it considers the historical foundations that impact on economic growth and technological transformation, and evaluates the relationship between capital and the state, and the role of NGOs and social movements in the context of the debate on neoliberal globalization. Development in an Era of Neoliberal Globalization will be of interest to students and scholars of international politics and economic development, the political economy of globalisation, the sociology and politics of development, and developments in Latin America and the Caribbean.

Neoliberal Globalization and Institutional Reform

Author: Sadik Ünay

Publisher: Nova Publishers

Published: 2006

Total Pages: 252

ISBN-13: 9781600210709

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This book represents the manifestation of a long-term effort to explore the multifaceted impact of neo-liberal globalisation on institutional reform in the developing world, with special reference to the transformation trajectory of State Planning Organisation in Turkey. Analytically, it strives to locate the in-depth analysis of Turkish development planning and the changing fortunes of the State Planning Organisation within the broader context of the 'states versus markets' debate in the political economy literature in order to assess the technical viability and institutional manifestations of development planning under the profound and ever increasing pressures of globalisation. To this end, a comparative institutional theoretical framework is adopted which engages critically with the neo-classical/neo-liberal approach to macroeconomic policy making, and gauges the potential influence of domestic institutional structures in generating effective responses to changes in global economy.

Challenging Neoliberalism

Author: Cal Clark

Publisher: Edward Elgar Publishing

Published: 2016-02-26

Total Pages: 192

ISBN-13: 178471707X

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Neoliberalism, which advocates free markets without government interference, has become increasingly utilized and controversial over the last three and a half decades. This book presents case studies of Chile and Taiwan, two countries that seemingly prospered from adopting neoliberal strategies, and finds that their developmental histories challenge neoliberalism in fundamental ways. From one perspective, the political economies of Chile and Taiwan might appear to be poster children for neoliberalism. Both took aggressive policy actions (Taiwan in the 1960s and Chile in the 1970s) to create market-driven economies that were well integrated into the capitalist global economy. Subsequently, these two countries were cited as ‘economic miracles’ that opened their markets, resulting in rapid economic growth and development. A closer examination of the two nations, however, turns up very significant differences between them. In particular, Taiwan, with its much more statist approach to development, outperformed Chile by a considerable margin; and some of the experiences of Chile departed markedly from neoliberal predictions. The authors argue that Taiwan’s strategy was the more successful of the two, primarily because it discarded the ideology of neoliberalism and unfettered laissez-faire. Scholars, educators, and students studying globalization, political economy, and/or economic development will find this book an irreplaceable addition to the discussion of neoliberalism.

Globalists

Author: Quinn Slobodian

Publisher: Harvard University Press

Published: 2020-04-07

Total Pages: 401

ISBN-13: 0674244842

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George Louis Beer Prize Winner Wallace K. Ferguson Prize Finalist A Marginal Revolution Book of the Year “A groundbreaking contribution...Intellectual history at its best.” —Stephen Wertheim, Foreign Affairs Neoliberals hate the state. Or do they? In the first intellectual history of neoliberal globalism, Quinn Slobodian follows a group of thinkers from the ashes of the Habsburg Empire to the creation of the World Trade Organization to show that neoliberalism emerged less to shrink government and abolish regulations than to redeploy them at a global level. It was a project that changed the world, but was also undermined time and again by the relentless change and social injustice that accompanied it. “Slobodian’s lucidly written intellectual history traces the ideas of a group of Western thinkers who sought to create, against a backdrop of anarchy, globally applicable economic rules. Their attempt, it turns out, succeeded all too well.” —Pankaj Mishra, Bloomberg Opinion “Fascinating, innovative...Slobodian has underlined the profound conservatism of the first generation of neoliberals and their fundamental hostility to democracy.” —Adam Tooze, Dissent “The definitive history of neoliberalism as a political project.” —Boston Review

Confronting Global Neoliberalism

Author: Patrick Bond

Publisher: SCB Distributors

Published: 2011-02-28

Total Pages: 270

ISBN-13: 0983353956

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With the world’s attention fixed on the travails of leading global economies due to a still unfolding financial crisis of gigantic proportions, there has been a studied silence on the fate of the third world as the malaise increasingly impacts it. This silence is particularly disturbing because questions of potential pitfalls in the neoliberal policy package, which the third world (unlike Western Europe and Japan) was largely forced to adopt, were never countenanced. as One third world state after another discovered that international institutions were in effect hostile to their governments if they chose alternative developmental models or otherwise resisted the neoliberal triage of liberalization, privatization and deregulation. This collection is a tour de force, effectively countering not only the neoliberal ideology of development as a whole but the marginalizing within today’s mainstream crisis discourse of any discussion of the monstrous misallocation of global resources wrought by the so-called “Washington Consensus” and the suffering and destruction it has wreaked on third world peoples and economies. This edited volume is intended as both a textbook for introductory classes in global development or area studies and as a conduit for advanced students, policymakers, NGO activists and an educated readership to gain knowledge about the socio-economic conditions existing across much of the world we live in, and the policies that brought them about. The specially commissioned and peer reviewed chapters are written by experts in the fields of economics, politics, sociology and international studies. Chapter authors hail from around the world including: Brazil, Mexico, Canada, United States, United Kingdom, South Africa, South Korea and Thailand. The countries/regions’ neoliberal experience and potential futures covered in this book are: Brazil, China, Cuba, Egypt, Mexico, Southeast Asia (Indonesia, Malaysia and Vietnam), South Africa, South Korea, Syria, Thailand and Venezuela.

Alternatives to Neoliberal Globalization

Author: D. Lo

Publisher: Springer

Published: 2011-12-08

Total Pages: 197

ISBN-13: 0230361161

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This book seeks to clarify the positive and negative lessons in the experiences of late development under neoliberal globalization. Dic Lo explores competing theories, with a view to constructing an alternative synthesis that transcends neoliberalism, placing greater emphasis on solidarity and humanistic development.

Empire with Imperialism

Author: James Petras

Publisher: Zed Books

Published: 2005

Total Pages: 256

ISBN-13:

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"This work calls into question the assertion that global capitalism functions as an autonomous empire ruled only by the market and multinational corporations. In contrast, it is argued, the role of the imperial state is central in regard to the form taken by capitalist development. Within the context of a broad discussion that takes us from Latin America to Russia and China, to Iraq, and around the world, this work analyzes the economic base of imperial power and actions of the state in the maintenance and spread of empire. It also demonstrates the limits and costs of empire to the citizens of the United States."--BOOK JACKET.

Beyond Neoliberalism

Author: James Petras

Publisher: Routledge

Published: 2016-04-15

Total Pages: 310

ISBN-13: 131717464X

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The world is at the crossroads of social change, in the vortex of forces that are bringing about a different world, a post-neoliberal state. This groundbreaking book lays out an analysis of the dynamics and contradictions of capitalism in the twenty-first century. These dynamics of forces are traced out in developments across the world - in the Arab Spring of North Africa and the Middle East, in Cuba and elsewhere in Latin America, in the United States, and in Asia. The forces released by a system in crisis can be mobilized in different ways and directions. The focus of the book is on the strategic responses to the systemic crisis. As the authors tell it, these dynamics concern three worldviews and strategic responses. The Davos Consensus focuses on the virtues of the free market and deregulated capitalism as it represents the interests of the global ruling class. The post-Washington Consensus concerns the need to give capital a human face and establish a more inclusive form of development and global governance. In addition to these two visions of the future and projects, the authors identify an emerging radical consensus on the need to move beyond capitalism as well as neoliberalism.