Editorial Statement Trump and the Collapse of Neoliberal Economic
... The economic destruction in the global south translated into an
immigration wave to the North. In addition, the neoliberal
economic project led to an intensification of political instability
that fed existing cleavages in the global south and caused
eruption of civil and regional wars centered on ex ...
Economic Development Theories - Florida International University
... No specific economist associated with this; yet, many governments
have implicitly or explicitly subscribed to this
Overall economic growth benefits the poor, since benefits will
ultimately trickle down the economic ladder
Tax benefits to businesses will benefit the poor since businesses will
then ex ...
... connections have existed for millennia, but they have
greatly intensified in the past thirty years
• This is partly because of what geographer David Harvey
calls “space-time compression.” Any idea what this might
refer to? (see Figure 1.2)
• Globalization has been accelerated by the adoption of
Unequal Societies: The Global Economic and Geopolitical Situation
... 1. Trickle down economics doesn’t work
2. Large differences in outcomes/opportunities among advanced
• Suggesting that it is policies, not inexorable economic forces that
are at play
3. Economies with less inequality and less inequality of
opportunity perform better
• Many reasons for t ...
The State, Markets, and Development
... development, in which the state is limited to providing social, legal, and economic infrastructure
enterprises—the main preconditions for successful development according to the World
Bank—cannot be accepted theoretically or empirically. Singh’s study presented evidence about
international development law and policy syllabus
... law and development. I must approve all topics. I will carefully review drafts and each
student will schedule individual meetings with me to discuss the draft. After discussion
of each paper and a thorough edit, students will submit a final version at the conclusion
of the semester.
Class participat ...
ECONOMIC CRISIS AND FINANCIAL REFORM IN INDONESIA
... exchange rate but with foreign exchange support by the international world (Jakarta Post, 9
April 1999). Because the IMF apparently would find it difficult to accept such a policy, it is
unclear whether the party would continue the IMF's involvement should it win in the election.
On the same occasio ...
... “enlargement strategy”. In the words of National Security Advisor Anthony Lake (speech, September 21, 1993),
“…we must promote democracy and market economics in the world—because it [sic] protects our interests and
security, and because it reflects values that are both American and universal….Throug ...
III. Path to Semi-peripheral Welfarism
... First remarque; the expression “relatively well-defined concept of welfare state” that
we have used above do not exclude the different types of welfare regimes. Already EspingAndersen introduced the three types of welfare regimes for developed Western countries as
corporatist/conservative, liberal a ...
... toward fields offering both high economic returns and the potential to improve
income distribution, such as primary health care, primary education, and
infrastructures, tax reform, interest rate liberalization, a competitive exchange
rate, trade liberalization, liberalization of inflows of foreign d ...
Atılım Üniversitesi Atılım Üniversitesi İktisat Bölümü İktisat Bölümü
... systems (formations) is its absolute success to separate the economic and the political within the
society. It is possible to clarify the ideological functions of that distinction by referring Marx’ own
works. On the one hand, classical economy politic starts its analysis from distribution relations ...
Development, Trade, and Social Insurance
... substitution industrialization. That being the case, our findings are broadly congruent with those of
Iversen and Cusak (2000), who find that increased welfare effort in the OECD is associated with shifting
labor market risks and not increased risks from the international economy. We move beyond suc ...
globalization and state power
... Transnational networks are such by virtue of their ability to operate without regard to national boundaries and without being affected by them.
Examples include cultural movements and religious sects. Their reach may
be cross continental in scope (e.g. the ‘hippy’ movement of the 1960s), or
they may ...
Neoliberalism is a term whose usage and definition have changed over time.Since the 1980s, the term has been used by scholars in a wide variety of social sciences and critics primarily in reference to the resurgence of 19th century ideas associated with laissez-faire economic liberalism. Beginning in the 1970s and 1980s, its advocates supported extensive economic liberalization policies such as privatization, fiscal austerity, deregulation, free trade, and reductions in government spending in order to enhance the role of the private sector in the economy. Neoliberalism is famously associated with the economic policies introduced by Margaret Thatcher in the United Kingdom and Ronald Reagan in the United States. The transition of consensus towards neoliberal policies and the acceptance of neoliberal economic theories in the 1970s are seen by some academics as the root of financialization, with the financial crisis of 2007–08 one of the ultimate results.Neoliberalism was originally an economic philosophy that emerged among European liberal scholars in the 1930s in an attempt to trace a so-called ‘Third’ or ‘Middle Way’ between the conflicting philosophies of classical liberalism and socialist planning. The impetus for this development arose from a desire to avoid repeating the economic failures of the early 1930s, which were mostly blamed on the economic policy of classical liberalism. In the decades that followed, the use of the term neoliberal tended to refer to theories at variance with the more laissez-faire doctrine of classical liberalism, and promoted instead a market economy under the guidance and rules of a strong state, a model which came to be known as the social market economy.In the 1960s, usage of the term ""neoliberal"" heavily declined. When the term was reintroduced in the 1980s in connection with Augusto Pinochet’s economic reforms in Chile, the usage of the term had shifted. It had not only become a term with negative connotations employed principally by critics of market reform, but it also had shifted in meaning from a moderate form of liberalism to a more radical and laissez-faire capitalist set of ideas. Scholars now tended to associate it with the theories of economists Friedrich Hayek and Milton Friedman. Once the new meaning of neoliberalism was established as a common usage among Spanish-speaking scholars, it diffused directly into the English-language study of political economy. Scholarship on the phenomenon of neoliberalism has been growing. The impact of the global 2008-09 crisis has also given rise to new scholarship that critiques neoliberalism and seeks developmental alternatives.