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This book is available as open access through the Bloomsbury Open Access programme and is available on bloomsburycollections.com. The global economic crisis of 2008-2009 exposed systemic failings at the core of economic policy making worldwide. The crisis came on top of several other crises, including skyrocketing and highly volatile world food and energy prices and climate change. This book argues that new policy approaches are needed to address such devastating global development challenges and to avoid the potentially catastrophic consequences to livelihoods worldwide that would result from present approaches. The contributors to the book are independent development experts, brought together by the UN to identify a development strategy capable of promoting a broad-based economic recovery and at the same time guaranteeing social equity and environmental sustainability both within countries and internationally. This new development approach seeks to promote the reforms needed to improve global governance, providing a more equitable distribution of global public goods. The contributors offer a critical evaluation of past development experiences and report on their creative search for new and well-thought out answers for the future. They suggest that economic progress, fairer societies and environmental sustainability can be compatible objectives, but only when pursued simultaneously by all.
This book provides the first book-length study of the political and economic ideas of the British left’s Alternative Economic Strategy in the 1970s and early 1980s. Discussing the AES’s approaches to capitalism, the nation state and the working class, it argues that existing academic accounts have significantly overstated the radicalism of the strategy. Perhaps more notable, especially in the light of its stated ‘revolutionary’ aims, was the extent of its moderation – its continuities with post-war Labour revisionism, its marked reluctance to look beyond the market economy, the degree of its preoccupation with Britain’s global-economic status, and its inability to break with Labourist politics of class co-operation in the national interest. While the book argues that the AES was the last ‘class politics’ socialist initiative in mainstream British politics, it also explores the ways in which its ideas perhaps prepared the way for New Labour in the 1990s, and its relationship with 'Corbynism' since 2015.
The authors of this book challenge prevailing ideas about free markets and globalization. They question whether globalization is a technological reality that cannot be stopped and ask if the US economy really outperformed its competitors in the 1990s. They show how in each key area--trade and industrial policy, privatization, intellectual property rights, investment and financial policies, exchange rate and currency policy, labour and social welfare --there are alternatives to neoliberal policies that the historical experience of particular countries prove really works.
The core of this book analyzes the six most widely adopted strategies of development, containing a blend of economic theory, statistical evidence, a new introduction and numerous country case studies.
The Handbook of Alternative Theories of Economic Development explores the theories and approaches which, over a prolonged period of time, have existed as viable alternatives to today’s mainstream and neo-classical tenets. With a total of 40 specially commissioned chapters, written by the foremost authorities in their respective fields, this volume represents a landmark in the field of economic development. It elucidates the richness of the alternative and sometimes misunderstood ideas which, in different historical contexts, have proved to be vital to the improvement of the human condition. The subject matter is approached from several complementary perspectives. From a historical angle, the Handbook charts the mercantilist and cameralist theories that emerged from the Renaissance and developed further during the Enlightenment. From a geographical angle, it includes chapters on African, Chinese, Indian, and Muslim approaches to economic development. Different schools are also explored and discussed including nineteenth century US development theory, Marxist, Schumpeterian, Latin American structuralism, regulation theory and world systems theories of development. In addition, the Handbook has chapters on important events and institutions including The League of Nations, The Havana Charter, and UNCTAD, as well as on particularly influential development economists. Contemporary topics such as the role of finance, feminism, the agrarian issue, and ecology and the environment are also covered in depth. This comprehensive Handbook offers an unrivalled review and analysis of alternative and heterodox theories of economic development. It should be read by all serious scholars, teachers and students of development studies, and indeed anyone interested in alternatives to development orthodoxy.
This Economic Paper builds on the 2014 SIDS Accelerated Modalities of Action Pathway, which provides guidance on economic, environmental and social priorities in small island developing states. It offers detailed analysis and guidance on alternative economic development strategies and recommends policies to build competitiveness in new industries.
Explores some central tenets of modern economics, subjecting them to trenchant examination - including the case for free trade and the inevitability of ever more grotesque income inequalities. The book argues that there is a feasible alternative in a democratically controlled economic strategy
The Economics of Sustainable Food details the true cost of food for people and the planet. It illustrates how to transform our broken system, alleviating its severe financial and human burden. The key is smart macroeconomic policy that moves us toward methods that protect the environment like regenerative land and sea farming, low-impact urban farming, and alternative protein farming, and toward healthy diets. The book's multidisciplinary team of authors lay out detailed fiscal and trade policies, as well as structural reforms, to achieve those goals. Chapters discuss strategies to make food production sustainable, nutritious, and fair, ranging from taxes and spending to education, labor market, health care, and pension reforms, alongside regulation in cases where market incentives are unlikely to work or to work fast enough. The authors carefully consider the different needs of more and less advanced economies, balancing economic development and sustainability goals. Case studies showcase successful strategies from around the world, such as taxing foods with a high carbon footprint, financing ecosystems mapping and conservation to meet scientific targets for healthy biomes permanency, subsidizing sustainable land and sea farming, reforming health systems to move away from sick care to preventive, nutrition-based care, and providing schools with matching funds to purchase local organic produce.--Amazon.
"This book is about the many approaches to the creation, dissemination and maintenance of alternative, "bottom-up" models for social or economic organisation, and the practical and theoretical implications, consequences and possibilities of these self-organised structures."--Publisher's website.