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Martin Upchurch and Darko Marinković

3 Serbia in the world economy In this chapter, we examine the problems Serbia has faced within the global world economy in order to contextualise the limits of the aspirations and expectations of the workers’ movement. We have already described the significance of the former Yugoslavia’s debt in engendering inter-republic tensions. This accumulated debt adversely affected Serbia’s ability to stabilise its economy in the post-Miloševič years. Problems of indebtedness remain, and the government’s strategy of privatisation, while achieving some success in its

in Workers and revolution in Serbia
Neoliberal crisis, neoliberal solutions

Once held up as a 'poster child' for untrammeled capitalist globalisation, the Irish Republic has more recently come to represent a cautionary tale for those tempted to tread the same neoliberal path. The crash in the world economy had especially grave repercussions for Ireland, and a series of austerity measures has seen the country endure the most substantial 'adjustment' ever experienced in a developed society during peacetime. This book delineates the reactionary course that Ireland has followed since the ignominious demise of the Celtic Tiger. It argues that the forces of neoliberalism have employed the economic crisis they caused to advance policies that are in their own narrow interests, and that the host of regressive measures imposed since the onset of global recession has fundamentally restructured Irish society. The book discusses the mechanisms by which finance in Ireland sustains and reproduces itself, in particular how it was able to protect itself during the 2008 crisis. Property was at the centre of the second phase of the Celtic Tiger boom after US investment in manufacturing began to decline, leading to the Irish economic crash. The years since the onset of the recession in Ireland in 2008 have been characterised not by passivity and quietism but by extreme violence. In December 2009 as part of the first wave of austerity, the Community Development Project was informed that the Department of Community, Rural and Gaeltacht Affairs proposed not to continue funding the project beyond the end of 2009.

Nazanin Zadeh-Cummings and Lauren Harris

increased their procurement capacities under sanctions ( Park and Walsh, 2016 ). This is demonstrative of the ‘double-edged’ sword of sanctions that appears in academic discourse. Other examples include the argument that the international sanctions regime restricts the DPRK’s ability to integrate into the world economy, but may also inhibit domestic economic reform ( Gray and Lee, 2017 ), and that while US sanctions have restricted DPRK economic growth, it is to the detriment of the North Korean people and their standard of living ( Kim, 2014 ). Scholarship has also

Journal of Humanitarian Affairs
Obama, Trump and the Asia Pacific political economy
Michael Mastanduno

. Throughout the post-war era, US foreign economic policies have been shaped significantly by broader geopolitical and security strategies. This is true for both Obama and Trump. For Obama, the pursuit of hegemony using more limited means dictated a regional shift to the Asia Pacific. His administration devised an economic strategy that complemented this geopolitical approach and simultaneously reaffirmed America’s traditional role as leader of a liberalising world economy. For Trump, the overall rejection of America’s hegemonic project has been accompanied by a departure

in The United States in the Indo-Pacific
Susan Strange

, there are Jeremiahs who argue that what goes up must come down – and that when it does, the crash will herald deep recession in the world economy. At the other, there are Pollyannas who argue with equal conviction that history need not repeat itself and that the underlying strengths of the world market economy today are proof against the ups and downs of stock markets. Since the experts themselves are deeply divided in their views, there is no right or wrong interpretation. Readers will have to make their own judgement, based on the strengths and weaknesses of the

in Mad Money
Kieran Allen

economic debate in terms of a dominant mainstream and two contesting more ‘marginal’ alternatives. The mainstream view The mainstream view in Irish economics is well represented in a special issue of World Economy which contained articles written by prominent figures such as John Fitzgerald, John McHale, and Philip Lane.10 From these articles and other supplementary material we can construct the outlines of the mainstream view as it is promoted in the wider media. The mainstream economists argue that the underlying model of the Irish economy that preceded the crash was

in Ireland under austerity
Shaun McDaid

4 Social and economic policy and the executive in office A wide range of socio-economic policy matters were discussed by the powersharing executive, despite its brief tenure. Issues such as job creation and educational policy were subjects of particularly high priority for the powersharing administration. The downturn in both the regional and world economies at the time, created a particularly challenging environment for an executive that desperately needed a popular social and economic programme in order to build support for power-sharing in the wider

in Template for peace
Open Access (free)
Budd L. Hall, Edward T. Jackson, Rajesh Tandon, Jean-Marc Fontan, and Nirmala Lall

schools and universities. It means forging links with networks of indigenous village-based HEIs, like the Mpambo Afrikan Multiversity or the shack-dwellers of South Africa’s University of Abahlali base Mjondolo, and many others working towards an epistemology of the South. It means understanding and building links with the knowledge creation and learning potential of the Arab Spring and its antecedents, and the Occupy movement in the North. Will the coming multipolar world thwart or promote knowledge ­partnerships? The longer-term prospects of the world economy pose

in Knowledge, democracy and action
Abstract only
Susan Strange

distribution of risk and of opportunities for gain. The only other important kind of misdiagnosis to my mind is the one which is more popular with some political scientists than it is with the economists. It is expounded by those I labelled in chapter 3 as ‘political determinists’ – those who believe that the root cause of world economic disorder lies in the loss of American hegemonic power to lead, guide and to some extent govern the world economy. Looking back nostalgically to the Bretton Woods system as a golden age of stability and growth, they see the reason for the

in Casino Capitalism
Networks of empire, missions and labour, c.1859–c.1960
Markku Hokkanen

, trading posts and new transport connections, the Malawi region became more firmly connected to the world economy and the British Empire. In the mid-1880s the network of the ALC's trading stations extended from the coast to the north end of Lake Malawi and into north-eastern Zambia. These stations attracted and engaged Africans in several capacities: as carriers, hunters, collectors of export produce, servants

in Medicine, mobility and the empire