Neoliberalism and Unequal Development

£41.99

Neoliberalism and Unequal Development

Alternatives and Transitions in Europe, Latin America and Sub-Saharan Africa

International economics Development economics and emerging economies Political economy Human geography

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Collection: Routledge Studies in Development Economics

Language: English

Published by: Routledge

Published on: 7 April 2022

Format: LCP-protected ePub

Size: 2 Mb

ISBN: 9781000572131


Introduction to Neoliberalism

Since the 1970s, neoliberalism has evolved from ideology to political programme, from political programme to public policy, and from public policy to constitutional rule. This process of change has been made possible through the endorsement of an uncritical, a-historical, and apolitical economic theory that legitimized technocratic despotism, financial deregulation, precarious labour, and constitutional-political emptying.

Scope of the Book

This book examines critical perspectives in mainstream neoliberal development analysis. It examines the neoliberal experiment as a global historical construct through the cases of Africa, Latin America, and Europe.

Historical Context

The analysis begins in 1980 with the Structural Adjustment Plans in Latin America and Africa, followed in 1990 by Maastricht in the case of Europe and the euphoric shift that took place, typified by the Africa Rising narrative, which attempts to promote the idea of an economically emerging continent.

Current Challenges

It also considers the weakness of the state resulting from neo-liberal austerity and fiscal stabilization policies, which have amplified the inability to collectively deal with the social, economic, and political impact of the COVID-19 crisis.

Analysis and Audience

One of the key features of the book is the extensive comparative analysis between regions, using case studies, including examples from African countries. The authors connect the different regional perspectives, included in the book, in a clear and coherent way, such that it will appeal to students and scholars interested in the social, economic, and political outcomes of globalization and will also be of interest to official development agencies and third sector organizations in Latin America, Sub-Saharan Africa and Europe.

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