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This book revisits the forgotten history of the 'European Dependency School' in the 1970s and 1980s, explores core-periphery relations in the European integration process and the crises of the contemporary European Union from a dependency perspective, and draws lessons for alternative development paths. Was disintegration of the European Union foretold? With the benefit of hindsight, the critical analysis of the European integration process by researchers from the 'European Dependency School' is most timely. The current framework of the European Union seems to be haunted by issues that had been very familiar to the researchers of the 'European Dependency School', such as a lack of a common and balanced industrial policy. How do the situations compare? What lessons can be learnt for alternative development policies in contemporary Europe? Weissenbacher tackles these issues, which are of relevance to all interested in political economy, political science, development studies and regional development.
The crisis in Europe is often discussed as a crisis of European integration or a crisis of national economies within Europe. Both the ‘methodological Europeanism’ and ‘methodological nationalism’ miss out the important links between economic and political processes at different spatial scales within Europe, and therefore, asymmetries and phenomena of uneven development. In addition, a discussion of possible scenarios which systematically addresses the implications of anti-crisis policies is missing. This volume seeks to close this gap by systematically integrating the analysis of economic policy or ‘technical’ solutions to the crisis within a broader framework of political econom...
Addresses a number of critical issues in finance and industrial policy for sustainable economic recovery in Europe in the post-crisis era. Brings together current debates on banking policy, regulation, and reform to reassert the need for financial institutions that will back up and finance an industrial policy to revive the European economy.
Despite an unprecedented presence of digital technologies in the everyday, a clear urban/non-urban divide in accessing and effectively using the internet remains. This divide is identifiable not only in the Global South—perceived as peripheral—but also in the Global North—regarded as advanced and the motor of technological development. Such a phenomenon suggests the emergence and endurance of socio-technological peripheries, places where socio-spatial inequalities are reinforced by unjust access to the internet. To understand how such peripherality is manifested and challenged in rurban settings—where the rural and the urban mingle and clash—the first part of this book draws from d...
‘Development and Semi-periphery’ presents a collection of articles that focus on comparative analysis of development trajectories in the semi-peripheral countries of South America and Central Eastern Europe. As opposed to the transitology studies that were prevalent in the 1990s, and that treated the neoliberal context in these two regions separately, the articles in this book instead offer a new comparative analysis focusing on the consequences of neoliberal reforms and the new actors that deal with their results. The essays discuss the various forms of state that have unfolded in different peripheral countries, their role in the social engineering of economic models and social policies, and the impact of state capacities and ideas on institutional innovation. The volume also compares transformations in political culture, collective identities and contentious politics in both areas.
This book contributes to the current revival of dependency approaches for the analysis of global capitalism. Reflecting on contemporary uses of the “Dependency Research Program” (DRP) and a refined analytical toolkit, it makes two distinctive contributions to this revival: the analysis of new “situations of dependency”, and the understanding of the “mechanisms of dependency”. The individual chapters draw from a wide range of cases and data from Latin America and Europe and imbricate concepts and ideas from the DRP with those of other approaches, from post-Keynesian economics to structural economics, institutional economics, regulation theory, comparative capitalisms, business politics, economic geography and critical finance studies, providing a rich array of possibilities for virtuous inter-disciplinary cross-fertilization. This volume is a valuable contribution for those interested in understanding how global capitalism works in Latin America, Europe and beyond.
Gautam, Pinheiro, and Wilson analyze the spread of financialization in Latin America and the Caribbean, highlighting the ideational origins of financialization outside the region, its effects on government budgeting and social inclusion, and options for increased inclusivity.
This book argues that the current international intellectual property rights regime, led by the World Trade Organization (WTO), has evolved over the past three decades toward overemphasizing private interests and seriously hampering public interests in access to knowledge and innovation diffusion. This approach concentrates on tangible and codified knowledge creation and diffusion in research and development (R&D) that can be protected via patents and other intellectual property rules and regulations. In terms of global policy initiatives, however, it is becoming increasingly clear that the WTO in particular is mostly a conflict-resolution facility rather than a global governance body able to generate cooperation and steer international coordinated policy action. At the same time, rent extraction and profits streaming from legal hyperprotection have become pervasively important for firm strategies to compete in a globalized marketplace. “Knowledge Governance: Reasserting the Public Interest” offers a novel approach – knowledge governance – in order to move beyond the current regime.
The collapse of state socialism ushered in dramatic political and economic change, producing new freedoms and opportunities, but also new challenges and disappointments. Focusing on laborers, professionals, youth, women, sexual minorities, foreign students, and emigrants, Everyday Postsocialism in Eastern Europe explores these multifaceted changes and people’s varied experiences of them. The featured narratives complicate hegemonic representations of transformation, revealing ruptures and continuities, progress and reversals. Highlighting the multi-directionality of change over the last thirty years, the book reappraises 1989 as an epochal event for all.
Since the 1990s, the economic development of Central and Eastern Europe has maintained high economic growth rates, seemingly leading to an era of prosperity. This very positive vision of future economic success, linked to current political backlash and a long history of economic adversity, is a thin veil of the economic “way west” for so-called transition countries. The Middle-Income Trap in Central and Eastern Europe examines the reality of the diminishing marginal utility of further international investments alongside the pitfalls of higher government spending to cultivate innovation which ultimately makes foreign capital less attractive. In this volume authors from diverse disciplinary perspectives reflect on current debates surrounding the developmental bottlenecks in East-Central Europe. Their common goal is to analyze the manner of socio-economic transformation, question of the relevance and impact of the “middle-income trap” and identify possible ways to escape it.