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Economic Neoliberalism and International Development

Author: Michael Tribe

Publisher: Routledge

Published: 2020-11-22

Total Pages: 170

ISBN-13: 1000282597

This book provides a robust theoretical and empirical exploration of the interrelationship between economic neoliberalism and international development. Putting the experiences of developing and transitional economies centre stage, the book investigates how their economic policies compare with the nature of economic liberalism during and after the significant economic reforms which took place from the mid-1980s. Beginning with two chapters which provide an introduction to the concept of economic neoliberalism, the second section focuses on its application to ‘practice’, and the book moves on to country/regional case studies, taken from Sub-Saharan Africa, South Asia, Latin America, China, and Eastern Europe. The book closes with some concluding remarks summarising some of the principal findings. Bringing together a wealth of expertise, this book clarifies controversial economic and political issues which have been significantly misunderstood in public discourse, and as such, it will be of interest to a range of researchers interested in the economic, social and political dynamics of developing and transitional countries.

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

The Political Economy of Natural Resources and Development

Author: Paul A. Haslam

Publisher: Routledge

Published: 2016-02-05

Total Pages: 259

ISBN-13: 1317418905

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The Political Economy of Resources and Development offers a unique and multidisciplinary perspective on how the commodity boom of the mid-2000s reshaped the model of development throughout Latin America and elsewhere in the developing world. Governments increased taxes and royalties on the resource sector, the nationalization of foreign firms returned to the mainstream economic policy agenda, and public spending on social and developmental goals surged. These trends, often described as resource nationalism, have developed into a strategy for economic development, generated a re-imagining of the state and its institutional possibilities, and created a new but very significant political risk for extractive enterprises. However, these innovations, which constitute the most dramatic change in development policy in Latin America since the advent of neoliberalism, have so far received little attention from either academic or policy-oriented publications. This book explores the reasons behind these policies, and their effects on states, firms, and development trajectories. This text brings together renowned thematic experts to examine the political-economic causes of resource nationalism, as well as its manifestation in six Latin American countries. The causal variables considered by the contributors to this collection include a range of political-economic determinants of policy including commodity prices; the influence of ideology and national politics; ideas about industrial policy; relations between host governments and investors; and how countries respond to opportunities provided by regional initiatives and the new geography of the global economy. This volume is essential reading in development economics, political economy, and Latin American studies, as well as for those who want to understand what economic development means after neoliberalism.

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.

Development Beyond Neoliberalism?

Author: David Alan Craig

Publisher: Routledge

Published: 2006-09-27

Total Pages: 353

ISBN-13: 1134363761

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Development’s current focus – poverty reduction and good governance – signals a turn away from the older neoliberal preoccupation with structural adjustment, privatization and downsizing the state. For some, the new emphases on empowering and securing the poor through basic service delivery, local partnership, decentralization and institution building constitute a decisive break with the past and a whole set of new development possibilities beyond neoliberalism. Taking a wider historical perspective, this book charts the emergence of poverty reduction and governance at the centre of development. It shows that the Poverty Reduction paradigm does indeed mark a shift in the wider liberal project that has underpinned development: precisely what is new, and what this means for how the poor are governed, are described here in detail. This book provides a compelling history of development doctrine and practice, and in particular offers the first comprehensive account of the last twenty years, and development’s shift towards a new political economy of institution building, decentralized governance and local partnerships. The story is illustrated with extensive case studies from first hand experience in Vietnam, Uganda, Pakistan and New Zealand.

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.

Development in an Era of Neoliberal Globalization

Author: Henry Veltmeyer

Publisher: Routledge

Published: 2013-08-22

Total Pages: 205

ISBN-13: 1135007187

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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.

Strengths and Weaknesses of the Neo-Liberal Approach to Development

Author: Abdelfatah Ibrahim

Publisher: GRIN Verlag

Published: 2012-02

Total Pages: 29

ISBN-13: 3656105839

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Essay from the year 2011 in the subject Business economics - Economic Policy, University of Birmingham, course: MSc. International Development, language: English, abstract: The history of development over the last century has been one of competing theories and developmental models. From time to time certain models dominated the theoretical and practical agenda. These models of development had - and still have - their own advantages and disadvantages, advocates and opponents, strengths and weaknesses. Neo-liberalism is one of the models that was studied most deeply in terms of its positive and negative impacts on development generally and on the state role specifically. Since the 1970s neoliberal approach was widely applied in different countries around the world, including developing and developed countries with the assistance of the International Financial Institutions (IFI) that evidently advocate for neoliberalism in developing countries. Therefore, strong debates on the efficiency and validity of this approach were developed (Greig et al., 2007). This paper will discuss neoliberalism as one of the development models. It attempts to highlight the strengths and weaknesses of the neoliberal approach to development. It will start by reviewing the emergence and evolution of neoliberalism. Then, some of the strengths and weaknesses of neoliberalism will be presented. Chilean and Egyptian case studies will be briefly highlighted in order to illustrate the strengths and weaknesses of neoliberalism. Finally, the conclusion will be presented.

Development Beyond Neoliberalism?

Author: David Alan Craig

Publisher: Routledge

Published: 2006-09-27

Total Pages: 340

ISBN-13: 1134363753

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