Reconstructing Political Economy

This volume offers an original perspective on the questions the great economists have asked and looks at their significance for todays world. Written in a provocative and accessible style, it examines how the diverse traditions of political economy have conceptualised economic issues, events and theory. Going beyond the orthodoxies of mainstream economics it shows the relevance of political economy to the debates on the economic meaning of our times. Reconstructing Political Economy is a timely and thought-provoking contribution to a political economy for our time. In this light it offers fresh insights into such issues as modern theories of growth, the historic relations between state and market and the significance of globalisation for modern societies.

In an era of post-globalization, the global political economy needs restructuring. This textbook examines the challenges facing the world economy as a result of climate change and social and economic inequality, and provides future-oriented solutions to them. Andersson presents and explains key concepts from Global Political Economy to show how to design and analyse potential reconstructions of the economic system. With a comprehensive exploration of the different ideological pathways that change might take, and taking account of gender, race and class, the author expertly guides the reader through thematic chapters, including: • the political economy of everyday life; • the regulation of global trade; • post-development; • the production of global value chains; • financial markets. This book will help readers see that global economic change is possible and support clear thinking about a global future that is environmentally, socially and economically sustainable.

It is clear by now that the label ‘Arab Spring’ has proven too simplistic to describe the uprisings that upended the political order of the Arab world in late 2010. Brutal crackdowns and civil conflict in Syria, Libya, and Yemen dashed the hopes that peaceful democratic revolutions would sweep the region. In other countries, the departure of authoritarian leaders led to many false starts without producing democratic conclusions. Societies that had appeared united in opposition suddenly seemed fractious. Youth were once again banished to the political margins. ‘Reconstructing the Middle East’ examines the changes that happened within the region from 2010 and the long-term challenges and opportunities they present. Featuring the work of authors with a diversity of perspectives, most of whom hail from the region, it addresses key issues of political, economic and societal changes, the role of young people and of the international community. In addition, the book deals with the questions of both political and economic reform, and the intertwined nature of the two. Political reform that allows greater participation will fail to quell frustration if Arabs continue to feel that their job prospects are bleak. Similarly, Arabs will not accept economic reform that restores growth but continues to fence off the political sphere. This book offers a unique perspective on the uprisings by focusing on specific issue areas where change is needed, and offering a roadmap for the long road towards state building and new social contracts based on political inclusion, respect for pluralism, and sustained economic growth. As such, it will be a valuable resource for students and scholars of Middle East Politics, as well as those with an interest in the Arab Spring.

Post-conflict reconstruction is one of the most pressing political issues today. This book uses economics to analyze critically the incentives and constraints faced by various actors involved in reconstruction efforts. Through this analysis, the book will aid in understanding why some reconstructions are more successful than others.