The Political Economy of Emerging Markets and Alternative Development Paths

The Political Economy of Emerging Markets and Alternative Development Paths

Author: Judit Ricz

Publisher: Springer Nature

Published: 2023-02-17

Total Pages: 349

ISBN-13: 3031207025

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This volume is the continuation of our research on economic and developmental policy-making in the global semi-periphery in the post-crisis cycle (see our two recently published volumes titled ‘Market-Liberalism and Economic Patriotism in Capitalist Systems’ edited by Gerőcs and Szanyi, 2019, Palgrave Macmillan and ‘The Post-Crisis Developmental State – Perspectives from the Global Periphery’ edited by Gerőcs and Ricz, 2021). Our new volume aims to be a contribution to the analysis of emerging market economies’ alternative development trajectories, as we explore the new perspectives on semi-peripheral dependent development since the Global Financial Crisis and especially amidst the new global pandemic, the COVID-19. The scope of comparative capitalism research has also been altered accordingly to include the analysis of emerging economies outside the core of the world system, and to make intertemporal comparisons possible (such as to define and characterise historical waves of state capitalism). Still, we are convinced that to better understand the current wave of state capitalism and to explore its national varieties there is a need to critically reconsider existing theoretical approaches and methodologies, and to search for new ones, if necessary. This book aims to be a contribution to the analysis of emerging market economies' alternative development trajectories and explores new perspectives on semi-peripheral dependent development, especially amidst COVID-19.


Book Synopsis The Political Economy of Emerging Markets and Alternative Development Paths by : Judit Ricz

Download or read book The Political Economy of Emerging Markets and Alternative Development Paths written by Judit Ricz and published by Springer Nature. This book was released on 2023-02-17 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is the continuation of our research on economic and developmental policy-making in the global semi-periphery in the post-crisis cycle (see our two recently published volumes titled ‘Market-Liberalism and Economic Patriotism in Capitalist Systems’ edited by Gerőcs and Szanyi, 2019, Palgrave Macmillan and ‘The Post-Crisis Developmental State – Perspectives from the Global Periphery’ edited by Gerőcs and Ricz, 2021). Our new volume aims to be a contribution to the analysis of emerging market economies’ alternative development trajectories, as we explore the new perspectives on semi-peripheral dependent development since the Global Financial Crisis and especially amidst the new global pandemic, the COVID-19. The scope of comparative capitalism research has also been altered accordingly to include the analysis of emerging economies outside the core of the world system, and to make intertemporal comparisons possible (such as to define and characterise historical waves of state capitalism). Still, we are convinced that to better understand the current wave of state capitalism and to explore its national varieties there is a need to critically reconsider existing theoretical approaches and methodologies, and to search for new ones, if necessary. This book aims to be a contribution to the analysis of emerging market economies' alternative development trajectories and explores new perspectives on semi-peripheral dependent development, especially amidst COVID-19.


Integral Community

Integral Community

Author: Ronnie Lessem

Publisher: Routledge

Published: 2016-05-23

Total Pages: 552

ISBN-13: 1317115651

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Integral Community moves the transformation journey for enterprises and society on from the stages covered in earlier books in Gower's Transformation and Innovation Series, which describe a new macro-economic framework and which have examined alternative development with different local communities, bringing wide cultural perspectives to practical implementation of authentic or integral development. Here, the authors argue that there are two major fields of force prevailing in today's world. The one reflects our common heritage, whereby East and West, North and South are coming ever closer together - the global commons. The other reflects local and national singularity, where the notion of feeding off ancient local heritage and talent is key. They also identify four different culturally laden worldviews as Southern - humanistic, Eastern - holistic, Northern - rational, and Western - pragmatic. The enterprise and social innovation in Africa with which Lessem's co-authors are involved provides an object lesson in the sort of differentiation and integration needed in order to operate, socio-economically, with local identity and global integrity. It provides in this case a 'Southern' worldview background against which to examine communally based self-sufficiency; culturally based developmental economy; knowledge based social economy; and finally, the move towards what the authors describe as a living economy. All illustrated through a rural case, Chinyika, with which they have been intimately involved, whereby 100,000 have become self sufficient over the past five years. Integral Community should be read by academics and students of business, economics, development studies and agriculture, and by policy makers, particularly those concerned with the developing world in general and Africa in particular.


Book Synopsis Integral Community by : Ronnie Lessem

Download or read book Integral Community written by Ronnie Lessem and published by Routledge. This book was released on 2016-05-23 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: Integral Community moves the transformation journey for enterprises and society on from the stages covered in earlier books in Gower's Transformation and Innovation Series, which describe a new macro-economic framework and which have examined alternative development with different local communities, bringing wide cultural perspectives to practical implementation of authentic or integral development. Here, the authors argue that there are two major fields of force prevailing in today's world. The one reflects our common heritage, whereby East and West, North and South are coming ever closer together - the global commons. The other reflects local and national singularity, where the notion of feeding off ancient local heritage and talent is key. They also identify four different culturally laden worldviews as Southern - humanistic, Eastern - holistic, Northern - rational, and Western - pragmatic. The enterprise and social innovation in Africa with which Lessem's co-authors are involved provides an object lesson in the sort of differentiation and integration needed in order to operate, socio-economically, with local identity and global integrity. It provides in this case a 'Southern' worldview background against which to examine communally based self-sufficiency; culturally based developmental economy; knowledge based social economy; and finally, the move towards what the authors describe as a living economy. All illustrated through a rural case, Chinyika, with which they have been intimately involved, whereby 100,000 have become self sufficient over the past five years. Integral Community should be read by academics and students of business, economics, development studies and agriculture, and by policy makers, particularly those concerned with the developing world in general and Africa in particular.


Routes to Reform

Routes to Reform

Author: Ben Ross Schneider

Publisher: Oxford University Press

Published: 2024

Total Pages: 217

ISBN-13: 0197758851

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This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read on the Oxford Academic platform and offered as a free PDF download from OUP and selected open access locations. The key to sustained and equitable development in Latin America is high quality education for all. However, coalitions favoring quality reforms in education are usually weak because parents are dispersed, business is not interested, and much of the middle class has exited public education. In Routes to Reform, Ben Ross Schneider examines education policy throughout Latin America to show that reforms to improve learning--especially making teacher careers more meritocratic and less political--are possible. Several Andean countries and state governments in Brazil achieved notable reform since 2000, though on markedly different trajectories. Although rare, the first bottom-up route to reform was electoral. The second route was more top-down and technocratic, with little support from voters or civil society. Ultimately, by framing education policy in a much broader comparative perspective, Schneider demonstrates that contrary to much established theory, reform outcomes in Latin America depended less on institutions and broad coalitions, but rather--due to the emptiness of the education policy space--on more micro factors like civil society organizations, teacher unions, policy networks, and technocrats.


Book Synopsis Routes to Reform by : Ben Ross Schneider

Download or read book Routes to Reform written by Ben Ross Schneider and published by Oxford University Press. This book was released on 2024 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read on the Oxford Academic platform and offered as a free PDF download from OUP and selected open access locations. The key to sustained and equitable development in Latin America is high quality education for all. However, coalitions favoring quality reforms in education are usually weak because parents are dispersed, business is not interested, and much of the middle class has exited public education. In Routes to Reform, Ben Ross Schneider examines education policy throughout Latin America to show that reforms to improve learning--especially making teacher careers more meritocratic and less political--are possible. Several Andean countries and state governments in Brazil achieved notable reform since 2000, though on markedly different trajectories. Although rare, the first bottom-up route to reform was electoral. The second route was more top-down and technocratic, with little support from voters or civil society. Ultimately, by framing education policy in a much broader comparative perspective, Schneider demonstrates that contrary to much established theory, reform outcomes in Latin America depended less on institutions and broad coalitions, but rather--due to the emptiness of the education policy space--on more micro factors like civil society organizations, teacher unions, policy networks, and technocrats.


Public Policy in Transition Economies

Public Policy in Transition Economies

Author: Maciej J. Grodzicki

Publisher: Taylor & Francis

Published: 2024-06-21

Total Pages: 297

ISBN-13: 1040048722

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Public policies are usually carefully designed to address a particular problem, but they are also shaped and influenced by the sociocultural heritage of a particular country. This volume explores the origins of economic and other public policies in Central and Eastern Europe. This region makes for a particularly interesting case because after going through a major system change – transitioning from a command economy into a market economy – many of the key policies were written anew. The contributors to this book look at key policy areas at the intersection of state and private sectors, including industrial, pension, energy, and competition policies. The chapters examine key questions such as: how did these policies evolve from the time of transition to their final form? What were the main drivers of policy conduct and factors influencing major policy choices? How does the historical context impact contemporary policy space? Throughout the volume, an institutional approach is adopted, according to which policies are perceived as the outcome of top‐down design, filtered through social institutions inherited from the past. With this approach, this book presents a long‐running assessment, over 30 years, of policymaking in transition economies, which were subject to profound changes throughout the period. This book will be of interest to readers in institutional economics, policy studies, transition economies, and the recent history of Eastern Europe.


Book Synopsis Public Policy in Transition Economies by : Maciej J. Grodzicki

Download or read book Public Policy in Transition Economies written by Maciej J. Grodzicki and published by Taylor & Francis. This book was released on 2024-06-21 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public policies are usually carefully designed to address a particular problem, but they are also shaped and influenced by the sociocultural heritage of a particular country. This volume explores the origins of economic and other public policies in Central and Eastern Europe. This region makes for a particularly interesting case because after going through a major system change – transitioning from a command economy into a market economy – many of the key policies were written anew. The contributors to this book look at key policy areas at the intersection of state and private sectors, including industrial, pension, energy, and competition policies. The chapters examine key questions such as: how did these policies evolve from the time of transition to their final form? What were the main drivers of policy conduct and factors influencing major policy choices? How does the historical context impact contemporary policy space? Throughout the volume, an institutional approach is adopted, according to which policies are perceived as the outcome of top‐down design, filtered through social institutions inherited from the past. With this approach, this book presents a long‐running assessment, over 30 years, of policymaking in transition economies, which were subject to profound changes throughout the period. This book will be of interest to readers in institutional economics, policy studies, transition economies, and the recent history of Eastern Europe.


Green Growth

Green Growth

Author: Gareth Dale

Publisher: Zed Books Ltd.

Published: 2016-02-15

Total Pages: 314

ISBN-13: 1783604905

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The discourse of ‘green growth’ has recently gained ground in environmental governance deliberations and policy proposals. It is presented as a fresh and innovative agenda centred on the deployment of engineering sophistication, managerial acumen and market mechanisms to redress the environmental and social derelictions of the existing development model. But the green growth project is deeply inadequate, whether assessed against criteria of social justice or the achievement of sustainable economic life upon a materially finite planet. This volume outlines three main lines of critique. First, it traces the development of the green growth discourse quaideology. It asks: what explains modern society’s investment in it, why has it emerged as a master concept in the contemporary conjuncture, and what social forces does it serve? Second, it unpicks and explains the contradictions within a series of prominent green growth projects. Finally, it weighs up the merits and demerits of alternative strategies and policies, asking the vital question: ‘if not green growth, then what?’


Book Synopsis Green Growth by : Gareth Dale

Download or read book Green Growth written by Gareth Dale and published by Zed Books Ltd.. This book was released on 2016-02-15 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: The discourse of ‘green growth’ has recently gained ground in environmental governance deliberations and policy proposals. It is presented as a fresh and innovative agenda centred on the deployment of engineering sophistication, managerial acumen and market mechanisms to redress the environmental and social derelictions of the existing development model. But the green growth project is deeply inadequate, whether assessed against criteria of social justice or the achievement of sustainable economic life upon a materially finite planet. This volume outlines three main lines of critique. First, it traces the development of the green growth discourse quaideology. It asks: what explains modern society’s investment in it, why has it emerged as a master concept in the contemporary conjuncture, and what social forces does it serve? Second, it unpicks and explains the contradictions within a series of prominent green growth projects. Finally, it weighs up the merits and demerits of alternative strategies and policies, asking the vital question: ‘if not green growth, then what?’


Towards a Political Economy of Degrowth

Towards a Political Economy of Degrowth

Author: Ekaterina Chertkovskaya

Publisher: Rowman & Littlefield

Published: 2019-10-04

Total Pages: 281

ISBN-13: 1786608979

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Since the 1970s, the degrowth idea has been proposed by scholars, public intellectuals and activists as a powerful call to reject the obsession of neoliberal capitalism with economic growth, an obsession which continues apace despite the global ecological crisis and rising inequalities. In the past decade, degrowth has gained momentum and become an umbrella term for various social movements which strive for ecologically sustainable and socially just alternatives that would transform the world we live in. How to move forward in an informed way, without reproducing the existing hierarchies and injustices? How not to end up in a situation when ecological sustainability is the prerogative of the privileged, direct democracy is ignorant of environmental issues, and localisation of production is xenophobic? These are some of the questions that have inspired this edited collection. Bringing degrowth into dialogue with critical social theories, covering previously unexplored geographical contexts and discussing some of the most contested concepts in degrowth, the book hints at informed paths towards socio-ecological transformation.


Book Synopsis Towards a Political Economy of Degrowth by : Ekaterina Chertkovskaya

Download or read book Towards a Political Economy of Degrowth written by Ekaterina Chertkovskaya and published by Rowman & Littlefield. This book was released on 2019-10-04 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1970s, the degrowth idea has been proposed by scholars, public intellectuals and activists as a powerful call to reject the obsession of neoliberal capitalism with economic growth, an obsession which continues apace despite the global ecological crisis and rising inequalities. In the past decade, degrowth has gained momentum and become an umbrella term for various social movements which strive for ecologically sustainable and socially just alternatives that would transform the world we live in. How to move forward in an informed way, without reproducing the existing hierarchies and injustices? How not to end up in a situation when ecological sustainability is the prerogative of the privileged, direct democracy is ignorant of environmental issues, and localisation of production is xenophobic? These are some of the questions that have inspired this edited collection. Bringing degrowth into dialogue with critical social theories, covering previously unexplored geographical contexts and discussing some of the most contested concepts in degrowth, the book hints at informed paths towards socio-ecological transformation.


Beyond Market-Driven Development

Beyond Market-Driven Development

Author: Costas Lapavitsas

Publisher: Routledge

Published: 2007-04-11

Total Pages: 240

ISBN-13: 1134240694

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Because their economies were regulated, their financial systems ‘repressed’ and their states interventionist, for many years the countries of East Asia challenged the Washington consensus, offering an alternative development paradigm. However, in the 1990’s, Asian capitalism was disrupted following Japan’s stagnation and the financial crisis of 1997-98. Treading the unexplored theoretical terrain created by the simultaneous decline of the Washington Consensus and Asian developmentalism, this revealing book analyzes the comparative political economy of East Asia and Latin America. Divided into four key sections, it covers: Theoretical Framework Results of Globalization Converging and Diverging of Paths of Economic Development Finance and Regionalism. Through the juxtaposition of countries in East Asia and Latin America, leading academics analyze the impact of government intervention, institutional malfunction, social transformation and financial change as well as conflict and power on economic development. This book will prove to be invaluable to students and academics of development economics.


Book Synopsis Beyond Market-Driven Development by : Costas Lapavitsas

Download or read book Beyond Market-Driven Development written by Costas Lapavitsas and published by Routledge. This book was released on 2007-04-11 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Because their economies were regulated, their financial systems ‘repressed’ and their states interventionist, for many years the countries of East Asia challenged the Washington consensus, offering an alternative development paradigm. However, in the 1990’s, Asian capitalism was disrupted following Japan’s stagnation and the financial crisis of 1997-98. Treading the unexplored theoretical terrain created by the simultaneous decline of the Washington Consensus and Asian developmentalism, this revealing book analyzes the comparative political economy of East Asia and Latin America. Divided into four key sections, it covers: Theoretical Framework Results of Globalization Converging and Diverging of Paths of Economic Development Finance and Regionalism. Through the juxtaposition of countries in East Asia and Latin America, leading academics analyze the impact of government intervention, institutional malfunction, social transformation and financial change as well as conflict and power on economic development. This book will prove to be invaluable to students and academics of development economics.


Emerging States and Economies

Emerging States and Economies

Author: Takashi Shiraishi

Publisher: Springer

Published: 2018-11-19

Total Pages: 183

ISBN-13: 9811326347

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This open access book asks why and how some of the developing countries have “emerged” under a set of similar global conditions, what led individual countries to choose the particular paths that led to their “emergence,” and what challenges confront them. If we are to understand the nature of major risks and uncertainties in the world, we must look squarely at the political and economic dynamics of emerging states, such as China, India, Brazil, Russia, and ASEAN countries. Their rapid economic development has changed the distribution of wealth and power in the world. Yet many of them have middle income status. To global governance issues, they tend to adopt approaches that differ from those of advanced industrialized democracies. At home, rapid economic growth and social changes put pressure on their institutions to change. This volume traces the historical trajectories of two major emerging states, China and India, and two city states, Hong Kong and Singapore. It also analyzes cross-country data to find the general patterns of economic development and sociopolitical change in relation to globalization and to the middle income trap.


Book Synopsis Emerging States and Economies by : Takashi Shiraishi

Download or read book Emerging States and Economies written by Takashi Shiraishi and published by Springer. This book was released on 2018-11-19 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book asks why and how some of the developing countries have “emerged” under a set of similar global conditions, what led individual countries to choose the particular paths that led to their “emergence,” and what challenges confront them. If we are to understand the nature of major risks and uncertainties in the world, we must look squarely at the political and economic dynamics of emerging states, such as China, India, Brazil, Russia, and ASEAN countries. Their rapid economic development has changed the distribution of wealth and power in the world. Yet many of them have middle income status. To global governance issues, they tend to adopt approaches that differ from those of advanced industrialized democracies. At home, rapid economic growth and social changes put pressure on their institutions to change. This volume traces the historical trajectories of two major emerging states, China and India, and two city states, Hong Kong and Singapore. It also analyzes cross-country data to find the general patterns of economic development and sociopolitical change in relation to globalization and to the middle income trap.


The Political Economy of Employment Relations

The Political Economy of Employment Relations

Author: Aslihan Aykac

Publisher: Routledge

Published: 2016-07-22

Total Pages: 309

ISBN-13: 1317236785

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Employment has changed dramatically in the last few decades with the onset of neoliberal globalization. This change has become the objective of inquiry from different perspectives, such as development studies, labour economics or industrial relations, focusing on different units of analysis. The Political Economy of Employment Relations provides an exceptional contribution to existing literature by presenting alternative theory and practice on employment relations. It is within this critical theoretical intervention that solidarity economies emerge as a unique theoretical construct as well as a unit of analysis to expose the alternative paths that employment relations may resort to against the contemporary challenges of neoliberal globalization. This book analyses globalization, global economic crisis, and issues of work and labour from the point of view of the developing world, presenting local case studies from countries including the USA, India, Spain and Greece, and outlining alternative approaches to global challenges. This volume has relevance to those with an interest in industrial relations, sociology of work and occupations, labour economics and development economics.


Book Synopsis The Political Economy of Employment Relations by : Aslihan Aykac

Download or read book The Political Economy of Employment Relations written by Aslihan Aykac and published by Routledge. This book was released on 2016-07-22 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Employment has changed dramatically in the last few decades with the onset of neoliberal globalization. This change has become the objective of inquiry from different perspectives, such as development studies, labour economics or industrial relations, focusing on different units of analysis. The Political Economy of Employment Relations provides an exceptional contribution to existing literature by presenting alternative theory and practice on employment relations. It is within this critical theoretical intervention that solidarity economies emerge as a unique theoretical construct as well as a unit of analysis to expose the alternative paths that employment relations may resort to against the contemporary challenges of neoliberal globalization. This book analyses globalization, global economic crisis, and issues of work and labour from the point of view of the developing world, presenting local case studies from countries including the USA, India, Spain and Greece, and outlining alternative approaches to global challenges. This volume has relevance to those with an interest in industrial relations, sociology of work and occupations, labour economics and development economics.


Emerging Powers, Emerging Markets, Emerging Societies

Emerging Powers, Emerging Markets, Emerging Societies

Author: Steen Fryba Christensen

Publisher: Palgrave Macmillan

Published: 2016-02-18

Total Pages: 0

ISBN-13: 9781137561770

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The rise of emerging or new powers has recently become one of the most researched areas in International Relations. While most studies focus on relations between traditional and emerging powers, this edited collection turns the focus 180 degrees and asks how countries outside these two power sets have reacted to the emerging new world order. Are emerging powers creating a united front in a struggle to change the global order, or are they more concerned with national interests? Are we seeing major changes in the global order, or simply an adjustment by the traditional powers to the emergence of new contenders? In order to the answer these questions, the authors take a broad thematic approach in analyzing recent trends in the interplay between states, markets and societies, concentrating in particular on Latin America, Africa, the Middle East and Europe, and on the three major emerging powers: China, India and Brazil.


Book Synopsis Emerging Powers, Emerging Markets, Emerging Societies by : Steen Fryba Christensen

Download or read book Emerging Powers, Emerging Markets, Emerging Societies written by Steen Fryba Christensen and published by Palgrave Macmillan. This book was released on 2016-02-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of emerging or new powers has recently become one of the most researched areas in International Relations. While most studies focus on relations between traditional and emerging powers, this edited collection turns the focus 180 degrees and asks how countries outside these two power sets have reacted to the emerging new world order. Are emerging powers creating a united front in a struggle to change the global order, or are they more concerned with national interests? Are we seeing major changes in the global order, or simply an adjustment by the traditional powers to the emergence of new contenders? In order to the answer these questions, the authors take a broad thematic approach in analyzing recent trends in the interplay between states, markets and societies, concentrating in particular on Latin America, Africa, the Middle East and Europe, and on the three major emerging powers: China, India and Brazil.