Political Economy and the Changing Global Order

2017 ◽  
Vol 54 (2) ◽  
pp. 226-253 ◽  
Author(s):  
Ziya Öniş ◽  
Mustafa Kutlay

This article highlights the weakening of the EU’s transformative capacity in the broader European periphery in a rapidly shifting global order, with reference to Hungary and Turkey. Although Hungary is an ‘insider’ and Turkey a relative ‘outsider’, their recent experiences display strikingly similar patterns, raising important concerns about the EU’s leverage. Under the influence of strong nationalist-populist leaders backed by powerful majorities, both countries have been moving in an increasingly illiberal direction, away from well-established EU norms. The article proposes an analytical framework based on a combination of push and pull factors that are driven by changing global political economy dynamics, which explains the EU’s declining appeal in its periphery, not only in reference to the internal dynamics of European integration and its multiple crises, but also the appeal of illiberal versions of strategic capitalism employed by rising powers, which serve as reference points for the elites of several states in diverse geographic settings.


Author(s):  
Al Chukwuma Okoli ◽  
Atelhe George Atelhe

Africa’s existential situation in the prevailing global order is such that no state thereof can afford to take national sovereignty too seriously. Apart from the myriad of structural challenges imposed on the continent by globalization, Africa is faced with a gamut of political and economic problems that can only be meaningfully addressed through some form of strategic multilateral collaboration. Africa’s aspiration to economic sovereignty has been constrained by the structural conditionalities of globalization, which have kept the continent overly weak, dependent and underdeveloped. The constraint is so immanent that individual African states can hardly afford even the relative sovereignty to harness a strategic balance in the fast ossifying asymmetries of interdependence that characterize the contemporary global political economy. It is posited in this paper that the remedy for Africa lies in the ability of her states to transcend their disempowering territorial-cum-nationalistic divides and capitalize on the existing continental multilateral mechanisms towards mainstreaming collective sovereignty, based on the principle of pan-African supranationalism. To that end, leveraging and maximizing the gains and prospects of extant regional and continental supranational organisms would become both salient and expedient.


1997 ◽  
Vol 23 (1) ◽  
pp. 108
Author(s):  
Kenneth Woodside ◽  
Richard Stubbs ◽  
Geoffrey R. D. Underhill

Author(s):  
Duncan Bell

This chapter explores some important yet neglected aspects of John Stuart Mill's vision of global order. Mill has played a pivotal role in the recent wave of scholarship dedicated to unraveling the entanglement of Western political thought and imperialism. The chapter analyzes three key thematics in his colonial writings: (1) his evolving account of the political economy of colonization; (2) his views on “responsible government” and character formation; and (3) finally, his elaboration of the role played by conceptions of physical space, and of the constitutional structure of the imperial system. It also pursues two subsidiary lines of argument. First, it identifies how Mill's justificatory account of colonization shifted over time. The other line of argument focuses on how Mill framed his narrative.


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