Neoliberal Globalisation And The Third World

This book gives a critique of the contemporary global capitalist system and the adverse consequences suffered by the developing countries as a result of their 'integration' into this system. The current neoliberal paradigm of capitalist development as the only or the best alternative for the economic, social and political development of the developing countries is rejected. The authors search for more human and ecologically sustainable alternatives, focusing on Latin America, Asia and women. Contributors are David Barkijn, Robert N. Gwynne, Richard L. Harris, Cristóbal Kay, Jorge Nef, Mustapha Kamal Pasha, Cathy A. Rakowski, Wilder Robles, Melinda J. Seid, and John Weeks.

With the world’s attention fixed on the travails of leading global economies due to a still unfolding financial crisis of gigantic proportions, there has been a studied silence on the fate of the third world as the malaise increasingly impacts it. This silence is particularly disturbing because questions of potential pitfalls in the neoliberal policy package, which the third world (unlike Western Europe and Japan) was largely forced to adopt, were never countenanced. as One third world state after another discovered that international institutions were in effect hostile to their governments if they chose alternative developmental models or otherwise resisted the neoliberal triage of liberalization, privatization and deregulation. This collection is a tour de force, effectively countering not only the neoliberal ideology of development as a whole but the marginalizing within today’s mainstream crisis discourse of any discussion of the monstrous misallocation of global resources wrought by the so-called “Washington Consensus” and the suffering and destruction it has wreaked on third world peoples and economies. This edited volume is intended as both a textbook for introductory classes in global development or area studies and as a conduit for advanced students, policymakers, NGO activists and an educated readership to gain knowledge about the socio-economic conditions existing across much of the world we live in, and the policies that brought them about. The specially commissioned and peer reviewed chapters are written by experts in the fields of economics, politics, sociology and international studies. Chapter authors hail from around the world including: Brazil, Mexico, Canada, United States, United Kingdom, South Africa, South Korea and Thailand. The countries/regions’ neoliberal experience and potential futures covered in this book are: Brazil, China, Cuba, Egypt, Mexico, Southeast Asia (Indonesia, Malaysia and Vietnam), South Africa, South Korea, Syria, Thailand and Venezuela.

A critique of the way powerful institutions support economics and politics that sustain poverty and keep the rich in power

This book analyses the progress and failures of capitalist development against the backdrop of an increasingly globalised world economy organised on neoliberal principles. It brings together eminent writers on the political economy of international development such as Kari Polanyi-Levitt, Norman Girvan, Osvaldo Sunkel, Paul Bowles, Manfred Bienefeld and Walden Bellos, to examine from a critical perspective the contemporary dynamics of a system in crisis--issues of capitalist development and globalization within the neoliberal world order. The essays, written in tribute to Surendra Patel for his contribution to the field of development studies, cover subjects including the financial crisis of 2008, the regional dynamics of neoliberal globalization, democracy and development, the political economy of natural resource extraction, and the formation of a postneoliberal state oriented towards a new economic model. Drawing on an analysis of the development process in the Caribbean, Latin America, Africa and the Philippines, it considers the historical foundations that impact on economic growth and technological transformation, and evaluates the relationship between capital and the state, and the role of NGOs and social movements in the context of the debate on neoliberal globalization. Development in an Era of Neoliberal Globalization will be of interest to students and scholars of international politics and economic development, the political economy of globalisation, the sociology and politics of development, and developments in Latin America and the Caribbean.

Essay from the year 2010 in the subject Politics - Topic: Globalization, Political Economics, grade: 1.0, University of Luzern (Politikwissenschaftliches Seminar), course: International Political Economy of Development, language: English, abstract: The purpose of this essay is to take a step back to reflect and suggest that addressing the „water crisis‟ through approaches informed by neoliberal economic principles like privatization contradict the notion of sustainable development in a way that has the potential to contribute to exacerbating environmental as well as human emergencies. So, the question is: In what ways may neoliberal ideology and interests undermine the effectiveness of the structures and elements of global water governance and its efforts to attain sustainable development in the Third World?1 The answer2 will be developed by looking at (1) a theoretical perspective, (2) the debate on privatization, (3) the global water governance system (as an important background), (4) the UN Millennium Development Goals and the linked concept of sustainable development and finally (5) the drawing of conclusions about its relationship with neoliberalism.

This series is dedicated to theoretical contributions and systematic empirical studies of political, economic and cultural formations which cross the borders and boundaries of states. The focus is on the main areas of public policy: security, human rights, legitimacy of political systems, welfare, and developments in the Global South. This third volume looks at the role of neoliberalism in the institutionalization of differential rules for capital and migration flows in the global economy.

How do recent trends toward globalization affect the Caribbean, a region whose suppliers, production, markets, and politics have been globalized for centuries? What is the status of neoliberal development policy in the Caribbean, where the rewards for belt tightening and economic opening have been slow in coming? How have Caribbean policymakers and citizens responded to and resisted the pressures to conform to the new rules of the global economy? By examining these questions through the lens of political economy, this volume explores the interaction among development, trade, foreign policy, the environment, tourism, gender relations, and migration. With its global implications, this book will be invaluable for students and scholars from all disciplines who are concerned with the impact of development and globalization.

Rapley argues provocatively that the seeds of political tensions that began in the third world--and are now being manifested around the globe--can be found in neoliberal prescriptions for economic reform.

This book provides a powerful critique of the case made for 'globalisation', with particular emphasis placed on neo-liberalism, the third way, and the hegemonic role of the US state. It then examines the rise of 'anti-globalisation' politics and the debate over progressive alternatives to 'actually existing globalisation'.