Some major advances in the betterment of human life have been made in recent years but at the cost of accelerated climatic change and through uneven means of development. A reduction in child mortality, a rise in literacy and education, and by some measures the fewest people live in extreme poverty than they ever have before. Nevertheless, inequality on the multiple axes of health, income, environment, gender, education, technology, finance, shelter, food, water, and various other issues concerning access persist. This work examines efforts by various actors to deal with these problems with mixed and contested results. The analysis is centered around a key question: who benefits and why from globalised development? In so doing, it examines various development theories, traces the history of globalisation-led development post-WWII, and scrutinises contemporary challenges like the Great Recession and the Global Refugee Crisis, in order to understand the crisis prone tendencies of globalisation and its linkages to everyday practices in global political economy.
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14. The Global Political Economy of Development
Ali Bhagat
Chapter
15. The Global Political Economy of North–South Relations: A View from the South
J. P. Singh
Some major advances in the betterment of human life have been made in recent years but at the cost of accelerated climatic change and through uneven means of development. A reduction in child mortality, a rise in literacy and education, and by some measures the fewest people live in extreme poverty than they ever have before. Nevertheless, inequality on the multiple axes of health, income, environment, gender, education, technology, finance, shelter, food, water, and various other issues concerning access persist. This work examines efforts by various actors to deal with these problems with mixed and contested results. The analysis is centered around a key question: who benefits and why from globalised development? In so doing, it examines various development theories, traces the history of globalisation-led development post-WWII, and scrutinises contemporary challenges like the Great Recession and the Global Refugee Crisis, in order to understand the crisis prone tendencies of globalisation and its linkages to everyday practices in global political economy.
Chapter
16. The Political Economy of the Environment
Kate Ervine
The global community is confronted with an unprecedented array of overlapping environmental crises, threatening humanity and non-human species, though the impacts remain highly uneven, with nations and communities least responsible for contemporary ecological problems paying the highest cost. With widespread climate disruption projected to intensify in the coming years and decades, this work illustrates the critical need for effective and democratic governance. It unpacks the prevailing relations of power connected to the global political economy of advanced capitalism, dominant debates and disagreement about how environmental crises are understood, and how governments and various actors respond to climate crises based on these understandings and power structures. It pays particular attention to how uneven development and colonialism have shaped inequality and ecological decline, showing that effective and meaningful responses to planetary crises will also need to respond to the deep injustices and inequalities that mark the contemporary GPE.
