The New Political Economy Of Development

The author examines new development strategies in the context of globalisation and the crisis of the Washington Consensus. Critiquing both protectionism and the free market he points to the influence and evolution of Keynesian ideas for the management and stabilisation of development in an era marked by the unravelling of neoliberal prosperity.

This highly successful text has been updated and revised to take account of new developments in international political economy, notably the East Asian crisis, and the deepening crisis of African society. It also addresses recent forms of international 'management of instability' that are beginning to emerge as contemporary forms of imperialist globalism. At the same time, more attention is paid to the gathering 'mosquito cloud' of local resistance movements around the world.

Explores the relationship between a government's political choices and its country's level of development.

Viv Ellis, Lauren Gatti and Warwick Mansell present a unique and international analysis of teacher education policy. Adopting a political economy perspective, this distinctive text provides a comparative analysis of three contrasting welfare state models – the US, England and Norway – following the 2008 Global Financial Crisis (GFC). Arguing that a new political economy of teacher education began to emerge in the decade following the GFC, the authors explore key concepts in education privatisation and examine the increasingly important role of shadow state enterprises in some jurisdictions. This topical text demonstrates the potential of a political economy approach when analysing education policies regarding pre-service teacher education and continuing professional development.

Introduction Capitalist Expansion and Imperialism Pre-War Capitalism and Development The End of the Post-War Boom and Capitalist Restructuring Globalization and Contemporary Imperialism: Theoretical Debates Cosmopolitan Globalization and Global Governance Globalization, Poverty and the Contemporary World Economy Globalization, Neo-Liberal and the State Globalization, Regionalization and Hegemony Resisting Globalization: Islam, Post-Development and Global Justice Conclusion.

The new political economy; Development in the perspective of political economy; Problems and policies of development; Measures and models for development; The political economy of education and employment; The political economy of economic policy.

This book not only analyzes and evaluates the current state of economic growth and development in Greece, but also investigates the potential for growth and development in the mid- to long-term horizon. This book presents a unique theoretical framework drawing on structural elements of political economy such as institutions, cultural background, and the complex nature of politics and political power, as well as neoclassical economics and behavioral economics. The first part of the book introduces readers to some key concepts of normative analysis from a theoretical and methodological perspective, presents the relation between theory and policy, placing the Greek economy within the framework of the Eurozone, and provides the political economy of integrated growth and development in Greek economy. The second part of the book describes the current condition of Greece in the global economy and attempts to detect the major social, economic and political trends that will prevail in the Greek society, while pointing the challenges that the Greek economy will face across the coming decade by taking into account the Covid-19 crisis. The third part of the book provides an overview of growth and development theory as specifically applied to Greece, focusing on the endogenous forces driving the economy, and portrays how the 2008 financial crisis and the crisis of Covid-19 transformed the framework of Greek growth and development policy, to the ground of a new consolidated situation of low growth, low inflation and low employment in the case of Greek economy.

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.