Development may be best understood in terms of the interplay among capital accumulation, the state, and class. Subject to globalizing structures, classes, in turn, are examined in light of their interactions with culture, especially gender and religion as well as ecology. Case-studies - Brazil, the Asian newly industrializing countries, China, and Mozambique - reveal three possibilities for overcoming underdevelopment: joining, leaving, or weaving through global capitalism. The conclusions do not fail to present specific principles upon which policies can be based.

This title was first published in 2001. An important critical study of the theories of dependency both past and present. Since the theories of dependency are based on the Marxian notion of exploitation and backwardness, the book starts with the elaboration of the Marxian theory of development and underdevelopment. The book analyses various concepts and precepts of dependency as well as critically discussing the individual theories of Baran, Frank, Amin, Emmanuel, Prebisch and Singer. The contributions of more recent writers including Furtado, Kay, Wallerstein and Marini are also considered. The main focus of the book lies in the thorough analysis of all the important traditional as well as modern theories of dependency. The main message of the present book is that the phenomenology of dependency is still relevant as a methodology of study of development and underdevelopment. The book incorporates some pressing contemporary issues to give fresh flavour to the old dependency debate. A special feature of the book lies in the critical appraisal for each of the theories studied. The book is designed to serve as a valuable compendium for students of economic development and political economy and for those interested in the study of the economic backwardness of the Third World countries.

Does the growing economic might of regional superpowers like Brazil mean that dependency theory of the 1960s was all wrong? The answer to this and many other enigmas of development is found in Sub-Imperialism Revisited, a theoretically rigorous study by the brilliant Mexican analyst Adrián Sotelo Valencia. In analysing the 21st Century conditions of Latin America, Sotelo systematically explores the concept of "sub-imperialism" as advanced in the pioneering work of Ruy Mauro Marini. Himself a former student of Marini, Sotelo elucidates the explanatory power of a fully Marxist conception of imperialism and underdevelopment while providing considerable insight into opposing conceptions of dependency. This timely book ultimately enables readers to appreciate why radical dependency theory remains more relevant today than ever.

Provides a stimulating and substantive intellectual history of social science and development theories, helping towards an understanding of development theory and development problems in the three worlds. Describes early, primarily European, theories on development and how they were enriched, challenged and transformed in response to Third World realities. It moves on to discuss how this body of theory, Marxist and non-Marxist, has become increasingly relevant for understanding structural development problems, which are occurring in the rich world, and the relationships between development theory and the mainstream social sciences.

This book challenges the wide-ranging generalizations that dominate the literature on the impact of export-led growth upon Latin America during the first export era. The contributors to this volume contest conventional approaches, stemming from structuralism and dependency theory, which portray a rather negative view of the impact of nineteenth-century globalization upon Latin America. It has been considered that, as a result of the role of Latin American countries as providers of raw materials produced in enclaves dominated by foreign capital, their participation in the world economy has had adverse consequences for their long-term development. This volume addresses a representative sample of countries with varied initial conditions and resource endowments, a diverse productive specialization, as well as different degrees of integration to the world economy. This allows a direct comparison among the different experiences within the region, which in turn enables a more nuanced understanding of the contribution of exports to economic growth and economic modernization. Seven national case studies are presented – Argentina, Brazil, Colombia, Chile, Peru, Mexico and Bolivia – which offer an insight into the successes of a region traditionally viewed as disadvantaged by globalization and export-led growth. Winner of the Vicens Vives prize for the best economic history book granted by the Spanish Economic History Association.

Why are some countries rich and others poor? Colonialism, globalization, bad government, gender inequality, geography, and environmental degradation are just some of the potential answers to this complex question. Using a threefold framework of the West, the South, and the natural world, Shaping the Developing World provides a logical and intuitive structure for categorizing and evaluating the causes of underdevelopment. This interdisciplinary book also describes the social, political, and economic aspects of development and is relevant to students in political science, international studies, geography, sociology, economics, gender studies, and anthropology. The Second Edition has been updated to include the most recent development statistics and to incorporate new research on topics like climate change, democratization, religion and prosperity, the resource curse, and more. This second edition also contains expanded discussions of gender, financial inclusion, crime and police killings, and the Middle East, including the Syrian Civil War.

Virtually all industrialized nations have annual per capita incomes greater than $15,000; meanwhile, over three billion people, more than half the worlds population, live in countries with per capita incomes of less than $700. Development economics studies the economies of such countries and the problems they face, including poverty, chronic underemployment, low wages, rampant inflation, and oppressive international debt. In the past two decades, the international debt crisis, the rise of endogenous growth theory, and the tremendous success of some Asian economies have generated renewed interest in development economics, and the field has grown and changed dramatically. Although Analytical Development Economics deals with theoretical development economics, it is closely grounded in reality. The author draws on a wide range of evidence, including some gathered by himself in the village of Nawadih in the state of Bihar, India, where—in huts and fields, and in front of the village tea stall—he talked with landlords, tenants, moneylenders, and landless laborers. The author presents theoretical results in such a way that those doing empirical work can go out and test the theories. The book is a revision of Basu's The Less Developed Economy: A Critique of Contemporary Theory (Blackwell, 1984). The new edition, which has several new chapters and sections, incorporates recent theoretical advances in its comprehensive, up-to-date treatment of the subject. It is intended primarily as a textbook for a one-semester graduate course, but will also be of interest to researchers in economic development and to policymakers.

In his dissertation research on the Amazon region in the 1980s-1990s, Pace (anthropology, Middle Tennessee State U.) revisited the small rural town that served as the site of Charles Wagley's classic study of indigenous campones (small-farm) life: Amazon Town: A Study of Man in the Tropics (1976). Pace records local adaptations to poverty, ideological conflicts, and liberation theology. Paper edition (unseen), $17.95. Annotation copyrighted by Book News, Inc., Portland, OR

Most books that analyse the crucial subject of globalisation only look at it from a western perspective. This is the first detailed study to look at globalisation specifically in the Asia-Pacific region. An impressive collection of leading, interdisciplinary scholars explore various dimensions of globalisation and their relationship to development processes in the region.

This book seeks to explore the ethical dimensions of economic governance through an engagement with Adam Smith and a critical analysis of economistic understandings of the Global Financial Crisis. It examines ethical and political dilemmas associated with key aspects of the financialisation of Anglo-American economy and society, including systems of asset-based welfare, modern risk management and debt. In the wake of the financial crisis, recognition of the way in which everyday lives and life chances are tied into global finance is widespread. Yet few contributions in IPE explicitly tackle this issue as a question of ethics. By developing Adam Smith’s under-utilised account of how market-oriented behaviour is constituted through a process of ‘sympathy’, this book provides an innovative way of understanding contemporary issues of economic governance and the possibilities and limits for intervention within it. By taking Adam Smith’s moral philosophy seriously, it becomes evident that the ever-deeper enmeshing of finance in our everyday lives is a failed experiment. Turning the common understanding of Smith on its head, we can also turn accepted wisdom about the recent financial crisis on its head and see the urgency of making better known the ethico-political contestation that lies at the heart of financial market relations. It will be of interest to students and scholars of IPE as well as those across the social sciences who wish to question the foundations of contemporary economy and society.