Bücher der Reihe Anthem Frontiers of Global Political Economy and Development

There is a fundamental mismatch between the global trade rules as they govern international economic behaviour and the political economic factors influencing domestic policy making. It comes as no surprise, therefore, that the multilateral trading system is in crisis. Countries are increasingly turning to bilateral and regional (and mega-regional) trade deals to push forward their trade agenda. There is far less consensus around these next-generation trade agreements which reach into every aspect of domestic policy-making. At this time, more than ever, policy-makers, treaty negotiators, and scholars and students of international law need to understand the ways in which this growing regime of international trade and investment impacts regulatory decisions. This book demonstrates how seemingly disparate spheres of legal theory and practice (investment incentives, patent protection, land reform, etc.) are all linked together through the lens of international trade and investment, while also offering solutions in the form of new negotiating texts and country examples as a way forward toward a new multilateral trade and investment regime. Furthermore, each chapter identifies the regulatory challenges facing countries.

This monograph is concerned with what it sees as two complementary phenomena: that of contemporary writers of fiction who seem to have turned their backs on the traditional novel in favour of what might be termed a radical realism, alongside a more general movement towards and interest in auto/biography and memoir in the post-truth era. By reviewing the work of four authors whose trajectory to date represents engagement with novelistic as well as auto/biographical forms, it reconsiders differences between 'fiction' and 'non-fiction', as they pertain to both production and reception, including issues of generic categorization, the prevalence or exclusion of specific textual markers, and readerly expectations in navigating diverse and shifting literary cultures. The Norwegian author Karl Ove Knausgaard's Min Kamp (My Struggle) series is considered in English translation in relation to its cross-cultural reception; it is also placed within the context of Knausgaard's oeuvre as a whole. Some parallels between the work of Knausgaard and that of Rachel Cusk are drawn, though in the case of the latter the focus is not so much on the memoirs but on the Outline trilogy that followed the trilogy of memoirs and the extent to which it represents both a departure from and a continuation of some of the concerns expressed in previous non-fictional works with a specific focus on Aftermath. Comparison of Jeanette Winterson's semi-autobiographical debut novel, Oranges Are Not the Only Fruit, with her memoir entitled Why Be Happy When You Could Be Normal? allows for close textual reading of scenes initially treated in novelistic form and revisited in the memoir permitting discussion of points of similarity and difference in their treatment in relation to the constraints and affordances of genre, where these apply. Discussion of Xiaolu Guo's memoir, Once Upon A Time in the East, focusses both on its cross-cultural reception and on the place of the memoir within the Guo corpus.In some ways all four writers are less concerned with traditional aspects of story and more concerned to deploy a range of forms, including narrative, to serve their interest in broader questions of truth, agency and self-understanding.

As the mission, relevance and intellectual orientation of development studies is increasingly being challenged, this collection of essays argues for the continued necessity to ground the field in a critical political economy approach informed by the contributions of Ashwani Saith.

'Africa and Economic Policy: Developing a Framework for Policymakers' aims to fill an important gap in the current literature on economic policy in developing countries. Despite its richness and sophistication, the current economic literature has not yet succeeded in developing a framework for economic policy that is clear and intelligible to economic policymakers, and which is capable of effectively delivering a sustained increase in citizens' well-being - something that developing countries' policymakers, particularly those in Africa, are striving for.This ground-breaking study seeks to rectify this problem by suggesting a unique conceptual framework for designing and conducting policy in developing countries, and primarily presents its proposals in an African context. In doing so, the volume addresses one of the major shortcomings of developing country economic policy literature as it now stands.

Why do climate and financial crises pose such extreme risks? And what does it take to respond effectively to those risks? Extreme weather events - storms and sea-level rise, heat waves, droughts and floods - seem ever more common and extreme, while scientists warn of even greater climate risks ahead. Financial failures on the scale of 2008 make a mockery of the supposed efficiency of the market economy. None of this would be possible in the world as imagined by conventional economics - an imaginary land of gradualism, equilibrium, well-informed rationality and the win-win solutions dealt by the invisible hand.The erratic rhythm of boom and bust in financial markets could be explained either by the patterns of crowd-following behaviour among investors, or by the unequal distribution of wealth (and the impact of the largest investors on the markets). Climate crises reflect the fact that natural systems can reach tipping points or critical transitions, where gradual change gives way to large-scale discontinuous changes. The economics of climate change has lagged behind the science, understating the severity of the problem and the likelihood of a crash.While the causes of climate and financial extremes are distinct, the implications for public policy have much in common. The frequency of extreme events, of varying sizes, means that there is no way to predict the likely size of future crises. The traditional approach to risk aversion cannot account for longstanding patterns in financial markets. Better theories of risk call for more precautionary approaches to both financial and climate policy. In the frequent cases in which potential outcomes have unknown probabilities, the best policy is based on the worst-case credible scenario. When a single catastrophic risk commands everyone's attention, a World War II-style, costs-be-damned mobilization is the right response. There is no formula for perfect responses to extreme risks, but there are important guideposts that point toward better answers.

Conditions of malnutrition, conflict, or a combination of both characterize many Arab countries, but this was not always so. As in much of the developing world, the immediate post-independence period was an age of hope and relative prosperity. But imperialism did not sleep while these countries developed, and it soon intervened to destroy these post-independence achievements. The two principal defeats and losses of territory to Israel in 1967 and 1973, as well as the others that followed, left in their wake more than the destruction of assets and the loss of human lives: the Arab world lost its ideology of resistance. The reversal in economic and social performance between then and now requires an even-handed and theoretically coherent explanation that steers clear of the hallucinatory constructs of individual freedom and choice. Considering such choices is utterly superfluous in a situation where the important choice is often a single one-that is, no choice at all-imposed by the power of history on the unfree majority.The Unmaking of Arab Socialism is an attempt to understand the perplexing reasons for the Arab world's developmental descent-its de-development-from the pinnacle of Arab socialism to its present desolate condition.Kadri focuses on the concept of Arab socialism in general and its application to Iraq, Syria and Egypt as he explores the deleterious effects of redundant labour expelled by dispossessions in the hinterland and the persistence of permanent war.

Today's 'doctrine of choice' assures adults that they are competent to make serious personal decisions about healthcare, education and retirement plans. At the same time, most people are convinced that they are so ignorant of economics that they are not capable of holding an informed opinion, and that economic issues must be left to experts. The so-called experts of the mainstream economics profession claim to have profound, inaccessible knowledge; in fact they understand little and obscure almost everything.Understanding the economy is not simple, but it is no more complicated than understanding the political system sufficiently to cast a vote. In straightforward language, John F. Weeks exposes the myths of mainstream economics and explains why current economic policies fail to serve the vast majority of people in the United States, Europe and elsewhere. He demonstrates that austerity policies have little theoretical basis and achieve nothing but inequality and misery. He goes on to explain how the current deficit and debt 'crises' in the United States and Europe are ideologically manufactured, unnecessary and simple to overcome. Drawing on examples from around the world, this book provides a bold alternative to the economics of the 1%. Their failure to serve the interests of the many results from their devoted service to the few.

Military power has long been a serious obstacle to a sustained democracy in Pakistan. The authors investigate the Pakistani military's retrogressive agrarian interventions in the Punjab, and outlines a change, as recognised by society, in the military's rightful function within the economy.Set against the social resentment instigated by the military's agricultural land grabbing, and a burgeoning resistance to the military's overbearing and socially unjust role in Pakistan's economy, this book supplements a larger body of work detailing the military's hand in industrial, commercial, financial and real estate sectors. Any gain in economic autonomy wielded by the military makes it less answerable to civilian oversight, and makes it more likely to act to protect its economic interests.The survival of civilian rule in Pakistan, which is critically important for the foreseeable future, requires a fundamental reordering of the balance of power between state institutions, and between state and society. Pakistan, long encumbered by the military yoke, has witnessed its first peaceful transition from one political administration to another; and in a move congenial to the consolidation of this democratic process, 'The Military and Denied Development in the Pakistani Punjab' exposes the nefarious nature of the military's predation, and signals a move for the military to be contained to its constitutionally mandated role - defence.

Ali Kadri examines how over the last three decades the Arab world has undergone a process of developmental descent, or de-development. He defines de-development as the purposeful deconstruction of developing entities. The Arab world has lost its wars and its society restructured to absorb the terms of defeat masquerading as development policies under neoliberalism. Foremost in this process of de-development are the policies of de-industrialisation that have laid to waste the production of knowledge, created a fully compradorial ruling class that relies on commerce and international finance for its reproduction, as opposed to nationally based production, and halted the primary engine of job creation. The Arab mode of accumulation has come to be based on commerce in a manner similar to that of the pre-capitalist age along with its cultural decay. Kadri attributes the Arab world's developmental failure not only to imperialist hegemony over oil, but also to the rising role of financialisation, which goes hand in hand with the wars of encroachment that were already stripping the Arab world of its resources. War for war's sake has become a tributary to the world economy, argues Kadri, and like oil, there is neither a shortage of war nor a shortage of the conditions to make new war in the Arab world.

Ambitious measures to reduce carbon emissions are all too rare in reality, impeded by economic and political concerns rather than technological advances. In this timely collection of essays, Frank Ackerman and Elizabeth A. Stanton show that the impact of inaction on climate change will be far worse than the cost of ambitious climate policies.

Marx in the Field is a unique edited collection illustrating the relevance of the Marxian method to study contemporary capitalism and the global development process. Essays in the collection bring Marx ''to the field'' in three ways. They illustrate how Marxian categories can be concretely deployed for field research in the global economy, they analyse how these categories may be adapted during fieldwork and they discuss data collection methods supporting Marxian analysis. Crucially, many of the contributions expand the scope of Marxian analysis by combining its insights with those of other intellectual traditions, including radical feminisms, critical realism and postcolonial studies. The book defines the possibilities and challenges of fieldwork guided by Marxian analysis, including those emerging from the COVID-19 pandemic. The collection takes a global approach to the study of development and of contemporary capitalism. While some essays focus on themes and geographical areas of long-term concern for international development - like informal or rural poverty and work across South Asia, Southern and West Africa, or South America - others focus instead on actors benefitting from the development process - like regional exporters, larger farmers, and traders - or on unequal socio-economic outcomes across richer and emerging economies and regions - including Gulf countries, North America, Southern Europe, or Post-Soviet Central and Eastern Europe. Some essays explore global processes cutting across the world economy, connecting multiple regions, actors and inequalities. While some of the contributions focus on classic Marxian tropes in the study of contemporary capitalism - like class, labour and working conditions, agrarian change, or global commodity chains and prices - others aim at demonstrating the relevance of the Marxian method beyond its traditional boundaries - for instance, for exploring the interplays between food, nutrition and poverty; the links between social reproduction, gender and homework; the features of migration and refugees regimes, tribal chieftaincy structures or prison labour; or the dynamics structuring global surrogacy. Overall, through the analysis of an extremely varied set of concrete settings and cases, this book illustrates the extraordinary insights we can gain by bringing Marx in the field.

This book reflects on the innovations that central banks have introduced since the 2008 collapse of Lehman Brothers to improve their modes of intervention, regulation and resolution of financial markets and financial institutions.

China and Sustainable Development in Latin America documents the social and environmental impacts of the China-led commodity boom in Latin America. It also highlights important areas of innovation where governments, communities and investors have worked together to harness the commodity boom for the benefit of the people and the planet.

China and Sustainable Development in Latin America documents the social and environmental impacts of the China-led commodity boom in Latin America. It also highlights important areas of innovation where governments, communities and investors have worked together to harness the commodity boom for the benefit of the people and the planet.

A prescient examination of the serious faults and pitfalls of neoclassical economics.

Ragnar Nurkse (1907-1959) was one of the most important pioneers of development economics, and although his writings have been neglected in recent decades, leading development economists and international organizations such as the United Nations are now turning to Nurkse in search for new inspiration, due to the failure of neoclassical economics to adequately explain the experience of poor and developing countries. Yet Nurkse''s contribution to the field has never before been analysed before at book length.The present volume, ''Ragnar Nurkse (1907-2007): Classical Development Economics and its Relevance for Today'', contains a selection of papers that cast new insight on Nurkse''s thought, and discuss his relevance for today. The volume also celebrates the 100th anniversary of this profoundly important thinker''s birth.

''Ragnar Nurkse, Trade and Development'' is a timely reprint of Nurkse''s most important works, given the renewed interest in his writings amongst development economists, who are turning to this pioneering thinker in search for new inspiration. This volume aims to make his rarely published works available for an audience of economists, policy makers, researchers and students.

This volume examines different facets of international capital movements - the role of openness, the implications of large inflows of foreign capital and the impact of regulatory frameworks - from the point of view of the global South.

This book provides a comparative analysis of the national innovation systems of the five BRICS countries (Brazil, Russia, India, China and South Africa) and the trends in their science, technology and innovation policies.

Explores the relationship between the environment, human activity and social justice.

This book provides a comparative analysis of the national innovation systems of the five BRICS countries (Brazil, Russia, India, China and South Africa) and the trends in their science, technology and innovation policies.

This volume examines different facets of international capital movements - the role of openness, the implications of large inflows of foreign capital and the impact of regulatory frameworks - from the point of view of the global South.

'Ragnar Nurkse, Trade and Development' reprints Nukse's most important works, making them widely available for an audience of economists, policy makers, researchers and students.