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Political Economy of Emerging Markets

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African economic relations
Augmented Washington Consensus
austerity
BRICS
Capita Carbon Dioxide Emissions
Capitalist World System
Category=KCB
Category=KCM
Category=KCP
Category=KCVS
comparative capitalism
deindustrialisation trends
development economics
emerging markets
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Foreign Capital Flows
Free Floating Exchange Rate System
Gdp Growth
global crisis
global economic crisis
Human Development Index
Human Material Life
IMF Loan
IMF Program
international political economy
Khao Yai
Khao Yai National Park
Middle Income Trap
MSME
MSME Sector
NDA Government
Negative Investment List
neoliberalism analysis
political economy
Post WWII
post-crisis emerging economies analysis
SME Sector
Socialist Social Contract
Tamil Nadu
Turkish Economy
United Malays National Organization
Variegated Capitalism
World Development Report

Product details

  • ISBN 9781138121225
  • Weight: 498g
  • Dimensions: 156 x 234mm
  • Publication Date: 14 Mar 2017
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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Description

Rapid and sustained growth in the twenty-first-century global economy of large developing economies including Brazil, Russia, India, China, and South Africa, has captivated policy-makers and popular business press pundits alike. The coining of the new acronym BRICS and widespread adoption in international economics discourse of the designation "emerging markets" is symptomatic of that interest.

The Political Economy of Emerging Markets situates the BRICS phenomena in the global economic context of advanced economies continuing to languish in recession and hovering over a deflationary abyss several years after the meltdown. A key question this volume seeks to answer is whether the BRICS and so-called "emerging market" phenomenon is really the new miracle it is presented as, offering new or modified varieties of reloaded capitalist development to the world, or yet another mirage. Written by ten leading global experts, this book answers the tough questions over BRICS and emerging markets potentially realizing new varieties of reloaded capitalism. It is not only international and interdisciplinary but uniquely multiperspectival. Theories framing chapters are not of one genre, but generate theoretical debate at the frontier of knowledge in political economy along with nuanced empirical analysis which flows from it.

This book is of great importance to those who study political economy, development economics and international political economy.
About
Richard Westra is Designated Professor in the Graduate School of Law, Nagoya University, Japan. He is author or editor of 14 books. His work has been published in numerous international peer reviewed journals.