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The Political Economy of Underdevelopment in the Global South

Part of the International Political Economy Series Book Series

DOI: 10.1007/978-3-030-05096-2

ISBN: 978-3-030-05095-5

Publisher: Springer International Publishing - Springer Journals

Jan 8, 2019

1 - 10 of 10 Chapters

Available

The Roots of Dispossession

van der Merwe, Justin; Dodd, Nicole

Pages: 1 –15

[‘The Roots of Dispossession’ discusses how our understanding of global accumulation can be furthered by, what may be called, the government-business-media (GBM) complex. Although this concept is normally discussed from a critical theoretical perspective, this book explores how this model can...
Available

Different Schools, Same Problems: Development Theory in the Twentieth Century

van der Merwe, Justin; Dodd, Nicole

Pages: 17 –33

[Van der Merwe and Dodd begin by analysing what is meant by the notion of underdevelopment as well as exploring its historical antecedents in Northern-led colonialism in the Global South. Reflecting on some of the major development thinking as a response to political-economic events at the time,...
Available

From Neoliberalism to Post-development: Development Theory’s Decline and Redefinition

van der Merwe, Justin; Dodd, Nicole

Pages: 35 –54

[Moving away from the nation-state as a unit of analysis towards human-centred development, Van der Merwe and Dodd highlight some of the late-twentieth-century trends and thinking by covering the global spread of capitalism and neoliberalism through globalisation. The chapter describes neoliberal...
Available

Marx, Gramsci, and Power Networks

van der Merwe, Justin; Dodd, Nicole

Pages: 55 –74

[Synthesising Harvey’s reworking of Marx’s primitive accumulation and Cox’s reformulation of Gramscian analysis, Van der Merwe and Dodd provide the conceptual and theoretical framework of the government-business-media (GBM) complex. They illustrate how power networks provide an overall schema for...
Available

Uneven Development and Capital Accumulation: The Government-Business-Media Complex

van der Merwe, Justin; Dodd, Nicole

Pages: 75 –96

[The government-business-media complex (GBM) explains systems of accumulation in the era of neoliberalism and globalisation. In this era networks of elites who have mastered the technologies of capitalism and imperialism, transplant crises of over-accumulation from the core, to the...
Available

The Government-Business-Media Complex and Global Chains of Dispossession

van der Merwe, Justin; Dodd, Nicole

Pages: 97 –113

[Elites transform the Global South’s raw materials into capital via convoluted and deceptive supply chains and in a way that does little to promote development. The three cases presented in this chapter demonstrate how commonplace products (iPhones, chocolate, and nuclear energy) have...
Available

Inputs and Outcomes: Debunking Aid, Trade, and Investment As Drivers of Development

van der Merwe, Justin; Dodd, Nicole

Pages: 115 –135

[The international market pressurises developing countries into lowering trade barriers, whilst offering up foreign direct investment and aid as catalysts for development. These financial inputs are presented as the only means of achieving economic growth and boosting human development. However,...
Available

The Status of Development, Aid, Trade, and Investment in the Global South

van der Merwe, Justin; Dodd, Nicole

Pages: 137 –150

[This chapter presents snapshots of the current state of development, aid, trade, and investment in the Global South. Despite the Global South’s export capacity and wealth of raw materials, only five countries in the Global South (countries with low or medium levels of human development) posted a...
Available

Modelling Development in the Global South

van der Merwe, Justin; Dodd, Nicole

Pages: 151 –178

[Assessing the relationship between aid, trade, investment, and development in the Global South, this paper argues that these relationships are mediated by three factors: the intentions of the foreign actor and type of economic input; the robustness of a country or bloc’s...
Available

Reversing Dispossession

van der Merwe, Justin; Dodd, Nicole

Pages: 179 –203

[After recapping the evolution of, and recent rejoinders to development theory, this paper presents the government-business-media (GBM) complex as an analytical framework for understanding the political economy of underdevelopment in the Global South. The GBM operates by means of infrastructural...

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