Money and Power Great Predators in the Political Economy of Development 10 pptx

Money and Power Great Predators in the Political Economy of Development_1 doc

... 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 development ... modernisa-tion and, in highlighting the poverty of the mainstream, offers criticalinsight into the theoretical perspectives that help explain global injustice and the political and social forces ... behind the scenes the whole industry of profitable development in the private sector, promoting profitable capi-talism, has been going on regardless, and is now getting a whole set of new investments....

Money and Power Great Predators in the Political Economy of Development_2 pot

... 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) relations of power in the interstate system, and look at the ... www.mountainvoices.net/lesotho.asp.html2. The inadequacy of the development duopoly of the modern and ‘other’, the developed and developing, is well critiqued since the seminal Culture and Imperialism...

Money and Power Great Predators in the Political Economy of Development_3 docx

... 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 welose the strategic agenda of how social and worker movements can shift the balance of global power in favour of the poor, by MONEY IN THE ... banks. They exist at the ‘commanding heights’ (Arrighi 1994: xii), in the boardroom of the global economy, and their relatively smallnumber explains in part both the herd behaviour of investors...

Money and Power Great Predators in the Political Economy of Development_4 pot

... have nothing againtomorrow, if nothing changes in terms of relative power in the political economy of development. MONEY AND POWER [62]Bracking_05_cha04.qxd 12/02/2009 10: 55 Page 62 business ... senior official in the CDC in 1993, referring to the case of Kenya, noted that the CDC would takeinvestment decisions:by understanding the human nature of these people, how theyare moving and the ... cultures in their management of risk, in addition to financialinstruments and sensitivity testing, and other modes of quantification and provisioning. In this there is also a modern realm of discretion,arbitrary...

Money and Power Great Predators in the Political Economy of Development_5 docx

... colonies in the world economy and sterling area. Thus, in 1949 theyurged the British Government to pay ‘closer consideration’ to pricingpolicies 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 colonialterritories with a view to the production therein of ... increaseefficiency in the procurement of goods and services to the CrownColonies, including in the raising of development finance before the modern ‘aid’ era was born. By the Second World War,...

Money and Power Great Predators in the Political Economy of Development_6 ppt

... of the frontier 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 onedominant core lender in the ... made in the absence of efforts in the area of development ‘aid’, but in spite of it, and alongside it, and sometimesbecause of it, as the analysis in this book argues. Bearing this in mind, the ... facing the American investor that the current global system, characterised by the collectivisation of the management of development finance and the socialisation of risk in the markets of the...

Money and Power Great Predators in the Political Economy of Development_7 pot

... 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 resourceflows 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 reviewed here showsincreasing inequality and income ... contender. In the area of civil works contracts (Table 7.7) the dominance of China and India is even more striking, although Brazil emerges in a strongthird place. In 2002, for example, China and India...

Money and Power Great Predators in the Political Economy of Development_9 pptx

... 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 ... national and regional interests abroad, in the case of the European and North American DFIs at least. The sheer size, scope and profitability of these DFIs justifies theirbeing called the Great Predators , ... because of the structural ability of the powerful to confuse and obfuscate the materialmeaning of their activities using symbolic power and the morallanguage of development. PRIVATE SECTOR DEVELOPMENT...

Money and Power Great Predators in the Political Economy of Development_10 pptx

... sector, illustrating well the role of DFIs in providing institutions and structures for the export, and then recy-cling, of finance capital from the core states. In Ghana the CDC worked in collaboration ... By 2008, the claims that DFI money assists the growth and development of the private sector in the long run can begin to be MONEY AND POWER [ 172 ]Bracking _10_ cha09.qxd 13/02/2009 10: 54 Page ... 172 [ 181 ] 10 Aid effectiveness: what are wemeasuring? In the last three chapters we have examined profitability within the political economy of aid, both in and of itself in chapter 7 (throughdirect...

Money and Power Great Predators in the Political Economy of Development_11 pdf

... suffering is directly related to the actions of the rich in shaping global institutional arrangements, and, we argue here, the Great Predators are foremost in the shaping of the lives of the poor in ... that industrial conglomerates and financehouses at the top of the system, the Great Predators, are busy passing the buck. It is the poorest for whom the impact of rising prices of MONEY AND POWER [ ... about the meaning of power, in 2. The experience of the poor has contradicted the discursive meaningsgiven to DFIs within the dominant ideology of the age; that is, the discourse of modernist development. ...

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