"International Aid and Democracy Promotion investigates the link between foreign aid and the promotion of democracy, using theory, statistical tests and illustrative case studies. This book ...challenges the field of development to recognize that democracy promotion is unlike other development goals. With a goal like economic development, the interests of the recipient and the donor coincide; whereas, with democratization, authoritarian recipients have strong reasons to oppose what donors seek. The different motivations of donors and recipients must be considered if democracy aid is to be effective. The author examines how donors exercise their leverage over aid recipients, and, more importantly, why, using selectorate theory to understand the incentives of both aid donors and recipients. International Aid and Democracy Promotion will be of great interest to academics and students of development and democratization, as well as policy makers with authority over foreign aid allocation. Open Access for this book is generously supported by the Ashoka University."
In the twenty-first century, land deals in the Global South have become increasingly prevalent and controversial. Transnational access to arable land in impoverished "land-rich" countries in Latin ...America, Sub-Saharan Africa, and Southeast Asia highlights the link between the shifting geopolitics of economic development and problems of food security, climate change, and regional and international trade. Drawing on ethnographic and archival research, Upland Geopolitics uses the case of Chinese agribusiness investment in northern Laos to study the unbalanced geography of the new global land rush. Connecting the current rubber plantation boom to a longer trajectory of foreign intervention in the region, Upland Geopolitics reveals how legacies of Cold War conflict continue to pave the way for transnational enclosure in a socially uneven landscape. Upland Geopolitics is freely available in an open access edition thanks to TOME (Toward an Open Monograph Ecosystem) and the generous support of Indiana University. DOI: 10.6069/9780295750507
Moving beyond a narrow definition of economics, this pioneering book advances our knowledge of global political economy and how we might critically respond to it. V. Spike Peterson clearly shows how ...two key features of the global economy increasingly determine everyday lives worldwide. The first is explosive growth in financial markets that shape business decision-making and public policy-making, and the second is dramatic growth in informal and flexible work arrangements that shape income-generation and family wellbeing. These developments, though widely recognized, are rarely analyzed as inextricable and interacting dimensions of globalization. Using a new theoretical model, Peterson demonstrates the interdependence of reproductive, productive and virtual economies and analyzes inequalities of race, gender, class and nation as structural features of neoliberal globalization. Presenting a methodologically plural, cross-disciplinary and well-documented account of globalization, the author integrates marginalized and disparate features of globalization to provide an accessible narrative from a postcolonial feminist vantage point.
V. Spike Peterson is an Associate Professor in the Department of Political Science at the University of Arizona. She is the editor of Gendered States and the co-author (with Anne Sisson Runyan) of Global Gender Issues .
1. Context and Objectives 2. Theory Matters 3. The Productive Economy 4. The Reproductive Economy 5. The Virtual Economy 6. The Power of Value Bibliography
'A unique and valuable contribution to at least three key areas of research: international relations, international political economy, and feminist and critical studies. The book is cogently written, with sophisticated and clear explanations of Peterson's theoretical approaches and methodological choices.'
Helen M. Kinsella, International Studies Review
'There is much in this book to give food for thought to us all. It challenges conventional accounts of international political economy and, most notably. it reaffirms the linkages between the reproductive and productive economies in the context of globalization.'
Shirin Rai, International Feminist Review of Politics , June 2005
'I found the book to be an excellent introduction to important issues of globalization, one that also provides creative and politically sensitive ways of address in these issues.'
Shirin Rai, International Feminist Review of Politics , June 2005
The quality of life for ordinary Roman citizens at the height of the Roman Empire probably was better than that of any other large group of people living before the Industrial Revolution.The Roman ...Market Economyuses the tools of modern economics to show how trade, markets, and the Pax Romana were critical to ancient Rome's prosperity.
Peter Temin, one of the world's foremost economic historians, argues that markets dominated the Roman economy. He traces how the Pax Romana encouraged trade around the Mediterranean, and how Roman law promoted commerce and banking. Temin shows that a reasonably vibrant market for wheat extended throughout the empire, and suggests that the Antonine Plague may have been responsible for turning the stable prices of the early empire into the persistent inflation of the late. He vividly describes how various markets operated in Roman times, from commodities and slaves to the buying and selling of land. Applying modern methods for evaluating economic growth to data culled from historical sources, Temin argues that Roman Italy in the second century was as prosperous as the Dutch Republic in its golden age of the seventeenth century.
The Roman Market Economyreveals how economics can help us understand how the Roman Empire could have ruled seventy million people and endured for centuries.
Developmentality Lie, Jon Harald Sande
2015., 2015, 2015-10-01
eBook
Drawing on ethnographic fieldwork within the World Bank and a Ugandan ministry, this book critically examines how the new aid architecture recasts aid relations as a partnership. While intended to ...alter an asymmetrical relationship by fostering greater recipient participation and ownership, this book demonstrates how donors still seek to retain control through other indirect and informal means. The concept of developmentality shows how the World Bank's ability to steer a client's behavior is disguised by the underlying ideas of partnership, ownership, and participation, which come with other instruments through which the Bank manipulates the aid recipient into aligning with its own policies and practices.
The rise of Asia, and China specifically, is the single most important force reshaping the world economy at the beginning of the 21st century. From a low of 20 per cent in 1950, Asia's share of ...global GDP has now risen to 33 per cent and will exceed 40 per cent within a generation if current forecasts are realized. Asia's growing weight in the world economy is elevating it to a central position in global economic and financial affairs. The potential global impact of this astonishing growth is far reaching, from oil markets and the environment to a reshaping of trade relations in the current multilateral system dominated by the WTO. This collection of original essays written by leading economists explores the likely impact of the rapid growth in the East Asian economies, and in particular China, on the world economy in the coming decades and the consequent challenges for the development of trade, macroeconomic, and environmental policy. Available in OSO: http://www.oxfordscholarship.com/oso/public/content/economicsfinance/9780199235889/toc.html Contributors to this volume - Richard E. Baldwin, Graduate Institute of International Studies Akkharaphol Chabchitchaidol, Bank of Thailand Inkyo Cheong, Inha University Richard N. Cooper, Harvard University Charles Y. Horioka, Osaka University David Huang, Academica Sinica, Taipeh Cedric Dupont, Graduate Institute of International Studies Barry Eichengreen, University of California, Berkeley Soyoung Kim, Korea University Elvira Kurmanalieva, National Graduate Institute for Policy Studies, Tokyo Robert Z. Lawrence, Harvard University Jong-Wha Lee, Korea University Li-Gang Liu, Hong Kong Monetary Authority Guonan Ma, Bank for International Settlements Robert N. McCauley, Bank for International Settlements Warwick J. McKibbin, Australian National University Sakkapop Panyanukul, Bank of Thailand Yung Chul Park, Seoul National University Eswar Prasad, International Monetary Fund Kwanho Shin, Korea University Junmin Wan, Osaka University Shang-Jin Wei, International Monetary Fund Charles Wyplosz, Graduate Institute of International Studies, Geneva Yu Yondgding, Chinese Academy of Social Sciences
The Asian financial crisis of 1997-1998 was supposed to be the death knell for the developmental state. The International Monetary Fund supplied emergency funds for shattered economies but demanded ...that states liberalize financial markets and withdraw from direct involvement in the economy. Financial liberalization was meant to spell the end of strategic industry policy and the state-directed "policy lending" it involved. Yet, largely unremarked by analysts, South Korea has since seen a striking revival of financial activism. Policy lending by state-owned development banks has returned the state to the core of the financial system. Korean development banks now account for one quarter of all loans and take the lead in providing low-cost finance to local manufacturing firms in strategic industries.
Elizabeth Thurbon argues that an ideational analysis can help explain this renewed financial activism. She demonstrates the presence of a "developmental mindset" on the part of political leaders and policy elites in Korea. This mindset involves shared ways of thinking about the purpose of finance and its relationship to the productive economy. The developmental mindset has a long history in Korea but is subject to the vicissitudes of political and economic circumstances. Thurbon traces the structural, institutional, political, and ideational factors that have strengthened and at times weakened the developmental consensus, culminating in the revival of financial activism in Korea. In doing so, Thurbon offers a novel defense of the developmental state idea and a new framework for investigating the emergence and evolution of developmental states. She also canvasses the implications of the Korean experience for wider debates concerning the future of financial activism in an era of financialization, energy insecurity, and climate change.
In October 2019, Abhijit Banerjee, Esther Duflo, and Michael Kremer jointly won the 51st Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel "for their experimental approach to ...alleviating global poverty." But what is the exact scope of their experimental method, known as randomized control trials (RCTs)? Which sorts of questions are RCTs able to address and which do they fail to answer? This book provides answers to these questions, explaining how RCTs work, what they can achieve, why they sometimes fail, how they can be improved and why other methods are both useful and necessary. Chapters contributed by leading specialists in the field present a full and coherent picture of the main strengths and weaknesses of RCTs in the field of development. Looking beyond the epistemological, political, and ethical differences underlying many of the disagreements surrounding RCTs, it explores the implementation of RCTs on the ground, outside of their ideal theoretical conditions and reveals some unsuspected uses and effects, their disruptive potential, but also their political uses. The contributions uncover the implicit worldview that many RCTs draw on and disseminate, and probe the gap between the method's narrow scope and its success, while also proposing improvements and alternatives. This book warns against the potential dangers of their excessive use, arguing that the best use for RCTs is not necessarily that which immediately springs to mind, and offering opportunity to come to an informed and reasoned judgement on RCTs and what they can bring to development.
Based on the 2017 conference "'New Reality' and Russian Markets" held at Harvard University, this book brings together world-renowned thinkers to offer the latest empirical research on recent ...financial risks, institutional policies, and financial stability.