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This book provides a robust theoretical and empirical exploration of the interrelationship between economic neoliberalism and international development.
Putting the experiences of developing and transitional economies centre stage, the book investigates how their economic policies compare with the nature of economic liberalism during and after the significant economic reforms which took place from the mid-1980s. Beginning with two chapters which provide an introduction to the concept of economic neoliberalism, the second section focuses on its application to 'practice', and the book moves on to country/regional case studies, taken from Sub-Saharan Africa, South Asia, Latin America, China, and Eastern Europe. The book closes with some concluding remarks summarising some of the principal findings.
Bringing together a wealth of expertise, this book clarifies controversial economic and political issues which have been significantly misunderstood in public discourse, and as such, it will be of interest to a range of researchers interested in the economic, social and political dynamics of developing and transitional countries.
List of contents
Part 1: Introductory 1. Introduction 2. How Did Economic Neoliberalism Become Mainstream? Part 2: Neoliberalism and Economic Policy 3. Privatisation in Developing Countries 4. Neoliberalism, Macro-Economic Policy and Development5. Neoliberalism and Trade Policy 6. Neoliberalism and Manufacturing Sector Development Part 3: Country Experience 7. Economic Neoliberalism and African Development 8. Liberalised Trade Policy with State Commitment to Growth 9. Economic Neoliberalism in Latin America 10. Neoliberalism and Economic Policymaking in Contemporary China 11. The Polish Transition to Capitalism Part 4: Conclusion 12. Concluding Remarks
About the author
Michael Tribe is an Honorary Lecturer, Department of Economics, University of Strathclyde and is a Specialist Professional, Adam Smith Business School, University of Glasgow, UK.
Summary
This book provides a robust theoretical and empirical exploration of the interrelationship between economic neoliberalism and international development.
Putting the experiences of developing and transitional economies centre stage, the book investigates how their economic policies compare with the nature of economic liberalism during and after the significant economic reforms which took place from the mid-1980s. Beginning with two chapters which provide an introduction to the concept of economic neoliberalism, the second section focuses on its application to ‘practice’, and the book moves on to country/regional case studies, taken from Sub-Saharan Africa, South Asia, Latin America, China, and Eastern Europe. The book closes with some concluding remarks summarising some of the principal findings.
Bringing together a wealth of expertise, this book clarifies controversial economic and political issues which have been significantly misunderstood in public discourse, and as such, it will be of interest to a range of researchers interested in the economic, social and political dynamics of developing and transitional countries.
Report
"A clear and pragmatic primer on the ideological underpinning of a major - and often dominant - strand of economic thought. Both the conceptual analysis and the country-level applications will help students and policy-makers plot their way through the many challenges which lie in wait." -- Simon Maxwell CBE, Former President, Development Studies Association of the UK and Ireland
"Much has been written about the experience of neoliberal economic policies in developing countries, including previous work by contributors to this volume, but this is a valuable addition. This book provides a 'one stop shop' overview and reflection covering the concepts, application and experiences that will be useful to researchers and students of development studies." -- Oliver Morrissey, Professor of Development Economics, University of Nottingham, UK
"This book brings together an impressive group of experts to make a clear and focussed point, that the market-oriented approach to development policy is dysfunctional and ineffective. It should appeal to the informed citizen as well as serve as a basic reference work." -- John Weeks, John Weeks, formerly Professor Emeritus, SOAS University of London and Progressive Economy Forum (John Weeks passed away in late-July 2020)
