Political Economy of Integrated Growth and Development for the Greek Economy

Author(s):  
Panagiotis E. Petrakis
2021 ◽  
Vol 2 (1) ◽  
Author(s):  
Muhammad Ashar Khan ◽  
◽  
Hiba Shoaib ◽  
Fizza Fatima ◽  
Rimla Qamar

Ever since Egypt’s independence in 1952, its military has enjoyed political leverage and patronage unparalleled to any other institution in the country. The domination of the military in the state’s civil apparatus can be deemed as a key factor that has undermined Egypt’s socio-economic growth and development. This paper, therefore, by employing Garrison State theory, formulated by Harold Laswell, aims to understand the ramifications of military domination on Egypt’s political economy. While examining its impact on the country’s macro-economy, the paper also examines the implication of military domination on Egypt’s socio-economic indicators, namely: health, education, income, and gender equality. Structuring the analysis on Amartya Sen’s schema of Development as Freedom, the paper concludes that diversification and democratization of the political structure are imperative to overcome the plight of underdevelopment in Egypt Keywords: Political Economy, Garrison State, Egypt, Military, Growth, Development, Freedom


2019 ◽  
pp. 207-234
Author(s):  
Wilson Peres ◽  
Annalisa Primi

This chapter contributes to the understanding of how nations learn by looking at Latin America. It focuses on the experiences of some of the most advanced countries in the region, notably Brazil, Colombia, Chile, Mexico, and Uruguay. Industrial policies have been no strangers in these countries, however, diversifying the economy and catching up are still pending challenges. The analysis of the evolution of policies for industrialization and technological development from the 1950s onward clarifies why, in most cases, they had limited impact on domestic learning and catching-up dynamics. The review of some recent successful cases (from Chile, Uruguay, and Mexico) sheds light on which specific institutional and political economy dynamics enabled the activation of learning and change in the economy. The achievements and the persistent shortcomings of the region contribute to identifying lessons for growth and development whose relevance goes beyond Latin America and contributes to the overall global debate on how countries can achieve prosperity.


2016 ◽  
Vol 54 (3) ◽  
pp. 443-467 ◽  
Author(s):  
Geoffrey Ross Owens

ABSTRACTToday, a majority of citizens of Dar es Salaam, Tanzania, participate in suburban and exurban growth and development much like urbanites throughout the world. Unlike the garden suburbs of North America or Europe, Dar es Salaam's suburban residents often engage in multiple income-generating activities, the most common and conspicuous of which are cultivation and animal husbandry. The presence of urban farming has suggested that Dar es Salaam's residents represent peasants incrementally transitioning to urban life. This article however, contends that everything from the varieties of cultivation, access to land and water, to the definition of what it means to be a farmer is shaped by decentralised private interests controlling access to land and resources in suburban neighbourhoods. The varieties of cultivation and animal husbandry instead reflect socioeconomic class distinctions emerging from a new suburban political economy, enabling a clearer perspective on the prospects of cultivators as these suburban districts transform.


Author(s):  
Stuart Corbridge ◽  
John Harriss ◽  
Craig Jeffrey

This article examines two puzzling trends that have characterized India’s economic growth. The first is how and why the political economy of development in India discarded an earlier model of import-substitution industrialization that was widely supported by the country’s dominant proprietary groups. The second is why, despite India’s economic success, poor people have remained mired in extreme poverty compared to China and some other countries in East and Southeast Asia. The article begins by looking at India’s economic development between 1950 and 1980 and then turns to economic reforms pursued by various governments. It also considers some of the factors that led India to embrace a more concerted agenda of pro-market reforms in the 1990s, including the economic crisis of 1990–1991 and elite politics.


2020 ◽  
Vol 47 (3) ◽  
pp. 18-29
Author(s):  
Ricardo R. Fuentes-Ramírez

Assuming that the first claim on a society’s output is to meet the essential consumption needs of its citizens, the remainder of its output, or surplus, can be conceptualized as discretionary income that it may use in various ways. An analysis of the use of the surplus in Puerto Rico suggests that most of the economic surplus remains within the island, unproductively utilized by domestic capitalists. By redirecting this surplus to productive investment, Puerto Rico could initiate a process of recovery. The task is developing the political will to transfer this wealth from high-income Puerto Ricans and unproductive sectors to a radical industrial policy initiative. Emphasizing that there are in fact alternatives to austerity may facilitate social movements’ coalescing around this policy and thus contribute to the development of the political conditions necessary for restoring growth and development. Asumiendo que el primer reclamo sobre la producción de una sociedad es satisfacer las necesidades esenciales de consumo de sus ciudadanos, el resto de su producción, o excedente, puede conceptualizarse como un ingreso discrecional que se puede usar de varias maneras. Un análisis del uso del excedente en Puerto Rico sugiere que la mayor parte del excedente económico permanece dentro de la isla, utilizada de manera improductiva por los capitalistas nacionales. Al redirigir este excedente a la inversión productiva, Puerto Rico podría iniciar un proceso de reactivación. La tarea es desarrollar la voluntad política para transferir esta riqueza de puertorriqueños de altos ingresos y sectores improductivos a una iniciativa de política industrial radical. Enfatizar que, de hecho, existen alternativas a la austeridad puede facilitar que los movimientos sociales se aglutinan en torno a esta política y contribuir así al desarrollo de las condiciones políticas necesarias para restaurar el crecimiento y el desarrollo.


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