... all the great meanings of the modern
age, from the Enlightenment to now, of human progress and the civil-
ising mission of human intervention. After the eclipsing of the socialist
project in the ... that is the book’s aim. In other words, despite all the
recent talk of poverty reduction, behind the scenes the whole industry
of profitable development...
... power in the academic literature of
international political economy has allowed neoliberalism to remain
the dominant ideology of international development theory and for
the Great Predators of the ... broad types
of institution affecting the political economy of development were the
bilateral development finance companies, the export credit departme...
... 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. It is worth looking ... banks. They exist at the ‘commanding heights’ (Arrighi 19 94: xii),
in the boardroom of the global economy, and their relatively small
number explains in part bo...
... senior official in the CDC in
1993, 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 ... politicians, rather than looking at
computer figures. So I think there is a lot of, in this business of
investing in developing countries, there is an awful lot of
e...
... Thus, all the
major institutions of development finance were moved into the ‘fron-
tier state’ of pseudo-private mediators in the 1990s.
The privatisation of the CDC was the most shocking from ... to
collectivise the control over independent African countries’ reintegra-
tion into the world economy, with the CDC acting as the chair of the
‘committee managing...
... 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 ... facing
the American investor that the current global system, characterised by
the collectivisation of the management of development finance and the
socialisa...
... grown in absolute terms, but also the
process of 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 ... multilateral
development finance despite the global characteristics of the indus-
try. Overall, we are examining aid to the private sector, and exploring
t...
... 49 .4 billion (an increase of 4. 9 billion on
the amount invested in 2005), contributing to an International Invest-
ment Position (the overall level of foreign direct investment) at the
end of ... appoints the Supervisory
Board and the Managing Director. Needs Danish co-investor.
Swedfund Wholly state-owned Sweden At the end of Representatives of the Ministry of...
... we
measuring?
In the last three chapters we have examined profitability within the
political economy of aid, both in and of itself in chapter 7 (through
direct contracts), and then in terms of the ... the financial sector, illustrating well the role of DFIs in
providing institutions and structures for the export, and then recy-
cling, of finance capital fro...
... about the meaning of power, in 2.
The experience of the poor has contradicted the discursive meanings
given to DFIs within the dominant ideology of the age; that is, the
discourse of modernist development. ... growth.
4
Instead the concern here
is that in the process of ‘giving aid’ in the system we have at the
moment, the opportunities to do these t...