Development In An Era Of Neoliberal Globalization

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.

This book gives a critique of the contemporary global capitalist system and the adverse consequences suffered by the developing countries as a result of their 'integration' into this system. The current neoliberal paradigm of capitalist development as the only or the best alternative for the economic, social and political development of the developing countries is rejected. The authors search for more human and ecologically sustainable alternatives, focusing on Latin America, Asia and women. Contributors are David Barkijn, Robert N. Gwynne, Richard L. Harris, Cristóbal Kay, Jorge Nef, Mustapha Kamal Pasha, Cathy A. Rakowski, Wilder Robles, Melinda J. Seid, and John Weeks.

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.

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.

Essay from the year 2010 in the subject Politics - International Politics - Topic: Globalization, Political Economics, grade: A-, Saint Mary's University (International Development Studies), course: International Development Studies Theory and Practice - Neoliberal Globalization, language: English, abstract: This essay looks at neoliberalism as the main globalization dynamic and consequently discusses its implications for today's global political economy, arguing that despite the neoliberal development rhetoric of mass prosperity and sustainable development, neoliberalism along with globalization has led to the decline of the living and working conditions of millions of people around the world.

Blending theory and case studies, this volume explores a vitally important and topical aspect of developmentalism, which remains a focal point for scholarly and policy debates around democracy and social development in the global political economy. Includes case studies from China, Vietnam, India, Brazil, Uganda, South Korea, Ireland, Australia.

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.

"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.