... 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 ... institutions
of the global concessional financing system (see also Gélinas 2003) and
the narratives in political economy which explain what they do. It
examine...
... 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 ... importance of the whole network of institutions to a) regulation in
the global economy; b) development prospects in Southern countries;
and c) relation...
... have-nots is maintained; the
technical slights of hand are the implementing policy machine of the
political economy of development. It is worth looking beyond the
jargon. Similarly, we saw in this chapter ... level the argument risks descending into caricature, and we
lose the strategic agenda of how social and worker movements
can shift the balance of globa...
... 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 ... cultures in their management of risk, in addition to financial
instruments and sensitivity testing, and other modes of quantification
and provisioning. In t...
... colonies in the world economy and sterling area. Thus, in 1949 they
urged the British Government to pay ‘closer consideration’ to pricing
policies and the ‘relative place in the UK markets of the ... the Corporation with:
the duty of securing the investigation, formulation and
carrying out of projects for developing resources of colonial
territories with...
... 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 global interstate ... problem of distance is at the centre of the political and cultural
problem of relational poverty. As Mayer summarises, again in terms of
the HIV/AIDS p...
... 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 1991: 8). Of total resource
flows in ... medicine, should they choose to. Of
course, there is another economy in Africa which is informal and
possible quite large, but the official one r...
... 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 Finance and the Ministry of ... consortia of banks and large US and European
industrial companies (MMC 1992: 146). Most of the organisations were
making investments in the form of equity...
... 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 ... sector, illustrating well the role of DFIs in
providing institutions and structures for the export, and then recy-
cling, of finance capital from the...
... thesis 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 ... face of soaring prices. The non-oil producing countries
with the lowest incomes will pay most, and the poorest people within
them are the last in line....
... export of
capital from the North and the reconstruction of Northern power and
privilege. The nightmare of the past in the everyday lives of the poor
has caused strategic resistance from within the ... to the knowledge and
consciousness of the dispossessed, in order to counter the opposite
tendency of the powerful to try and disorganise and dis...
... Culture and Imperialism. London: Chatto and Windus.
Santiso, C. (2007) ‘Strengthening checks and balances in financial
governance: The evolving role of multilateral banks in Latin
America’. In S. ... 190–1;
reinforced 32–3; remaking 203
inequality traps 12, 95
inflation 19, 199
infrastructure investment 194
infrastructure spending 128
injustice 190
instability 24
Institution...
... 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 ... of
what they do; the consequences of how they talk and act.
THE POLITICAL ECONOMY OF DEVELOPMENT
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[17]...
... 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 1994: xii),
in the boardroom of the global economy, and their relatively small
number explains in part both...
... so in the absence of efforts
in the area of development ‘aid’ but in spite of it and alongside it, and
systemically with the support of development finance institutions
(DFIs). Bearing this in ... in turn help shape the
character of uneven and combined capitalist development in the South.
The series questions neoliberal theories of development...