... all the great meanings of the modern
age, from the Enlightenment to now, of human progress and the civil-
ising mission of human intervention. After the eclipsing of the socialist
project in the ... institutions
of the global concessional financing system (see also Gélinas 20 03) and
the narratives in political economy which explain what they do. It
exam...
... From 20 07, this took on historic
proportions as the sub-prime crisis in the US housing market, and
MONEY IN THE POLITICAL ECONOMY OF DEVELOPMENT
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... given.
MONEY IN THE POLITICAL ECONOMY OF DEVELOPMENT
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lives of poor people. While Fanon famo...
...
can shift the balance of global power in favour of the poor, by
MONEY IN THE POLITICAL ECONOMY OF DEVELOPMENT
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This conflict can indeed be ... traditionally have been the prerogative of national
governments.
(Spero and Hart 20 03: 59)
MONEY IN THE POLITICAL ECONOMY OF DEVELOPMENT
[29 ]
Bracking_03...
... have nothing again
tomorrow, if nothing changes in terms of relative power in the
political economy of development.
MONEY AND POWER
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business ... senior official in the CDC in
1993, referring to the case of Kenya, noted that the CDC would take
investment decisions:
by understanding the human nature of the...
... Thus, all the
major institutions of development finance were moved into the ‘fron-
tier state’ of pseudo-private mediators in the 1990s.
The privatisation of the CDC was the most shocking from ... to
collectivise the control over independent African countries’ reintegra-
tion into the world economy, with the CDC acting as the chair of the
‘committee managing...
... 71,666
ODA
Multilateral 5 82 1 ,27 7 4,046 9 ,21 2 7,566 15,8 02 18 ,29 9 17,685 24 ,653 31,988
ODA
OOF,
(2)
300 1, 122 3,9 12 5,037 3,144 8,648 10,070 –4, 326 1,430
to all
developing
OOF, to 55 23 3 1,050 1,1 82 851 3,577 ... of the frontier institu-
tions of the British state and an account of the changing role of the CDC
in managing investment and liquidity. Th...
... per cent in
20 02 to 22 .7 per cent in 20 07 (AfDB 20 08: 33). Moreover, new investors
in the shape of China and India are producing significant, large interven-
tions such as $10 billion by Indian ... large decrease in net direct investment flow
from £5.8 billion in 20 05 to £0.3 billion in 20 06, and a commensurate
decrease in earnings of 2. 3 billion (ONS 20 08:...
... 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 ... million in the mid-1980s to
more than 29 million at the end of 19 92 (CDC 1993: 33). Table 9.5
shows the CDC portfolio in Ghana following structural adjustm...
... finance
houses 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
[ 20 0 ]
Bracking_ 12_ cha11.qxd 12/ 02/ 2009 ... commodities, in particular oil, is
inelastic in the face of soaring prices. The non-oil producing countries
with the lowest incomes will pay most, a...