Money and Power Great Predators in the Political Economy of Development 9 pptx
Money and Power Great Predators in the Political Economy of Development_1 doc
... 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...
Money and Power Great Predators in the Political Economy of Development_2 pot
... 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...
Money and Power Great Predators in the Political Economy of Development_3 docx
... 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...
Money and Power Great Predators in the Political Economy of Development_4 pot
... 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...
Money and Power Great Predators in the Political Economy of Development_5 docx
... 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...
Money and Power Great Predators in the Political Economy of Development_6 ppt
... 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...
Money and Power Great Predators in the Political Economy of Development_7 pot
... 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,...
Money and Power Great Predators in the Political Economy of Development_9 pptx
... 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...
Money and Power Great Predators in the Political Economy of Development_10 pptx
... 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...
Money and Power Great Predators in the Political Economy of Development_11 pdf
... 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...