Political Economy Of Development In The Global South Post Covid 19 Pandemic

This volume brings together contributions from the academic community, policymakers, and practitioners to delve into the profound challenges facing the international system in the aftermath of the COVID-19 pandemic. With a focus on the Global South, it offers a comprehensive analysis of the political economy of development in this region, considering the economic, social, and geopolitical factors at play. The book addresses the multifaceted challenges that developing countries encounter in terms of economic growth, poverty reduction, and social development in a post-pandemic world. It examines the impact of the pandemic on these countries and explores innovative strategies for promoting economic recovery and sustainable development. It is an invaluable resource for anyone interested in understanding the political economy of development in the Global South post covid-19 pandemic. It provides a comprehensive overview of the challenges facing developing countries and offers valuable insights into the potential solutions that can be implemented to foster economic recovery and development. Its interdisciplinary approach and diverse perspectives make it a valuable resource for anyone interested in the dynamics of development in the Global South.

This volume brings together contributions from the academic community, policymakers, and practitioners to delve into the profound challenges facing the international system in the aftermath of the COVID-19 pandemic. With a focus on the Global South, it offers a comprehensive analysis of the political economy of development in this region, considering the economic, social, and geopolitical factors at play. The book addresses the multifaceted challenges that developing countries encounter in terms of economic growth, poverty reduction, and social development in a post-pandemic world. It examines the impact of the pandemic on these countries and explores innovative strategies for promoting economic recovery and sustainable development. It is an invaluable resource for anyone interested in understanding the political economy of development in the Global South post covid-19 pandemic. It provides a comprehensive overview of the challenges facing developing countries and offers valuable insights into the potential solutions that can be implemented to foster economic recovery and development. Its interdisciplinary approach and diverse perspectives make it a valuable resource for anyone interested in the dynamics of development in the Global South.

This edited volume highlights cascading effects of the pandemic and lockdown on informal economies of varied countries in the Global South. Uneven development after colonization, imperialism, and externally influenced conflict have caused many countries in the formally colonized or semi-occupied countries in the world to lag behind in wealth accumulation, investments in manufacturing, and technology. The fact that these countries were dragged into world market dynamics on an equal footing with already developed countries exacerbated these inequalities and saw the rapid burgeoning of informal economies. COVID-19 and the lockdown of western countries unravelled global production chains, resulting in hordes of workers in the Global South losing their livelihoods. Even people engaged in traditionally locally-bound economic activities, such as domestic work and sex work, found their livelihoods disappear. This volume brings together case studies from India, Brazil, Bangladesh, and Sri Lanka to analyze global economic disruptions as they affected informal sector workers who were already largely invisible within state development policies. The chapters question whether existing models of neoliberal development are still conducive within the post-pandemic Global South as it grapples with rebuilding economies, livelihoods, institutions, and systems of governance. Sandya Hewamanne is Professor of Anthropology at the Department of Sociology, University of Essex, UK. Her research interests include globalization, identity, cultural politics, and feminist and post-colonial theory. She has extensively published on global factory workers, free trade zones, and on intersections of gender, class, and sexuality. Smytta Yadav is Economic and Social Science Research Council (ESRC) Fellow in the School of Education, Environment, and Development (SEED) at the University of Manchester, UK. She completed her Ph.D. in Anthropology from the University of Sussex. Her expertise is on informal economies, precarity, the state, and international development.

Available Open Access under CC-BY-NC-ND licence. Bringing together a range of experts across various sectors, this important volume explores some of the key issues that have arisen in the Global South with the COVID-19 pandemic. Situating the worldwide health crisis within broader processes of globalisation, the book investigates implications for development and gender, as well as the effects on migration, climate change and economic inequality. Contributors consider how widespread and long-lasting responses to the pandemic should be, while paying particular attention to the accentuated risks faced by vulnerable populations. Providing answers that will be essential to development practitioners and policy makers, the book offers vital insights into how the impact of COVID-19 can be mitigated in some of the most challenging socio-economic contexts worldwide.

This book seeks to identify the reasons why some countries were more efficient and effective than others in responding to the COVID 19 pandemic, and why the global community failed to coalesce. What are the political determinants of the different state responses to the pandemic? Why was scientific advice rejected or ignored in many countries? What has been the role, respectively, of neoliberalism, populism, and authoritarianism in the making of Covid-19 policy? What role have each of these factors played in the uneven and clearly inadequate global response to the pandemic? In an effort to understand why some states failed to handle the pandemic properly, some of the literature suggests that populism is at the root of the current failure of international co-operation. The global financial crisis of 2008-10 triggered significant cooperation within the G-20, led by the combined efforts of the United States and China. These forms of cooperation have clearly disappeared in the context of the pandemic, not only with respect to economic policy but also in public health and management. The authors of this volume link the different state responses to the pandemic-- from its inception to the start of the vaccination campaign, and to the political regimes prevailing in each. In particular, the present volume focuses on a distinction between the responses of neo-liberal regimes, populist regimes and authoritarian ones.

Globalization, Political Economy, Business and Society in Pandemic Times contributes to the growing literature on COVID-19 through a multidisciplinary approach by helping build a holistic understanding of the impact of the COVID-19 pandemic on politics, economies, business, and society in a globalized world.

Covid-19 and the Global Political Economy investigates and explores how far and in what ways the Covid-19 pandemic is challenging, restructuring, and perhaps remaking aspects of the global political economy. Since the 1970s, neoliberal capitalism has been the guiding principle of global development: fiscal discipline, privatisations, deregulation, the liberalisation of trade and investment regimes, and lower corporate and wealth taxation. But, after Covid-19, will these trends continue, particularly when states are continuing to struggle with overcoming the pandemic and violating one of neoliberalism’s key principles: balanced budgets? The pandemic has exposed the fragility of the global political economy, and it can be argued that the intensification of global trade, tourism, and finance over the past 30 years has facilitated the spread of infectious diseases such as Covid-19. Therefore, economies in lockdown, jittery markets, and massive government spending have sparked interest in potentially re-evaluating certain features of the global political economy. This volume brings together leading and upcoming critical scholars in international relations and international political economy to provide novel, timely, and innovative research on how the Covid-19 pandemic is impacting (and will continue to impact) the global economy in important dimensions, including state fiscal policy, monetary policy, the accumulation of debt, health and social reproduction, and the future of austerity and the fate of neoliberalism. This book will be of great interest to students, scholars, and experts in international relations and international political economy, as well as history, anthropology, political science, sociology, cultural studies, economics, development studies, and human geography. Chapter 8 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.

This book examines the COVID-19 pandemic through socioeconomic lens that draw on history, approaches to state-market relations, and public policy perspectives In 2020, the world experienced the worst pandemic since the outbreak of the Spanish Flu of 1918, which continues to have far[1]reaching implications for the global economy and triggered macro-economic dislocations that severely affected the most vulnerable countries and segments of society. This book was conceived as a response to the disruptive shifts induced by the pandemic, with a particular focus on South Africa. International experience has shown that countries and societies that have gone through tough economic times, either as a consequence of wars or economic depressions, have responded to crises by enacting unpopular policy measures based on difficult tradeoffs, which often made way for innovation. The authors outline policy responses to the COVID-19 crisis and propose several interventions to mitigate its effects. These include developing innovative approaches to fiscal and monetary policies, labour market policies, industrial policies, as well as social policies. Building state capabilities, improving the governance and performance of state institutions, and managing digital change are some of the clear policy interventions that are laid out in this book.