Money and Power Great Predators in the Political Economy of Development 9 pptx

... spite of it and alongside it, and systemically with the support of development finance institutions (DFIs). Bearing this in mind, the book examines the proposition that the political economy of development ... development and modernisa- tion and, in highlighting the poverty of the mainstream, offers critical insight into the theoretical perspectives...

Ngày tải lên: 20/06/2014, 20:20

... 197 0s changing to high interest rates in 197 9 after the Volcker Shock, and even higher in 198 1; global recession in the early 198 0s and again in the early 199 0s; monetary crashes in the late 198 0s; the ... years in 197 9, and the policy of ‘enlarged access’ was introduced in 198 1 (Lafay and Lecaillon 199 3: 72; Sidell 198 8: 6). The debt crisis of...

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... status and critically obscures how the divide between the global haves and have-nots is maintained; the technical slights of hand are the implementing policy machine of the political economy of development. ... banks. They exist at the ‘commanding heights’ (Arrighi 199 4: xii), in the boardroom of the global economy, and their relatively small number expl...

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... senior official in the CDC in 199 3, referring to the case of Kenya, noted that the CDC would take investment decisions: by understanding the human nature of these people, how they are moving and the ... have nothing again tomorrow, if nothing changes in terms of relative power in the political economy of development. MONEY AND POWER [62] Bracking_05...

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... 10/02/20 09 12:34 Page 85 In 196 1 the CDC won the 196 1 Financial Settlement and the primary responsibility for maintaining a proper balance in its own portfolio, and in 196 3 restoration in the independent ... Thus, all the major institutions of development finance were moved into the ‘fron- tier state’ of pseudo-private mediators in the 199 0s. The pri...

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... of the frontier institu- tions of the British state and an account of the changing role of the CDC in managing investment and liquidity. The case study shows how one dominant core lender in the ... made in the absence of efforts in the area of development ‘aid’, but in spite of it, and alongside it, and sometimes because of it, as the anal...

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... multilateralisation of aid finance which took place in the years following the onset of the debt crisis in the context of a drop- ping off of private finance (Lele and Nabi 199 1: 8). Of total resource flows in ... derivative business from the Inter-American Development Bank (IADB) in 199 1 92 ! Germany came second in winning contracts from the World Bank,...

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... data in 199 9 and 2001; Malawi in 199 9; Mauritius in 2000, 2003 and 2005; and Tanzania in 2000. These countries have been included here, consequently without the data for these cells, such that there ... consortia of banks and large US and European industrial companies (MMC 199 2: 146). Most of the organisations were making investments in the form of equity a...

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... million in the mid- 198 0s to more than £ 29 million at the end of 199 2 (CDC 199 3: 33). Table 9. 5 shows the CDC portfolio in Ghana following structural adjustment, and then the provenance of the investments ... we measuring? In the last three chapters we have examined profitability within the political economy of aid, both in and of itself in chapt...

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... that industrial conglomerates and finance houses at the top of the system, the Great Predators, are busy passing the buck. It is the poorest for whom the impact of rising prices of MONEY AND POWER [ ... about the meaning of power, in 2. The experience of the poor has contradicted the discursive meanings given to DFIs within the dominant ideology...

Ngày tải lên: 20/06/2014, 20:20