The Political Economy of South Africa–China Trade and Economic Relations

2021 ◽  
pp. 85-106
Author(s):  
Garth le Pere
Keyword(s):  
South Africa ◽  
Political Economy ◽  
The Political ◽  
Economic Relations ◽  
China Trade

Three questions to political economy (An attempt of system introspection)

2018 ◽  
pp. 118-127 ◽  
Author(s):  
G. B. Kleiner
Keyword(s):  
Political Economy ◽  
Modern Society ◽  
Modern World ◽  
The Political ◽  
Economic Science ◽  
Linear Component ◽  
Capitalist System ◽  
Economic Space ◽  
Economic Relations ◽  
System Paradigm

The development of the system paradigm in economic science leads to the formulation of a number of important questions to the political economy as one of the basic directions of economic theory. In this article, on the basis of system introspection, three questions are considered. The first is the relevance of the class approach to the structuring of the socio-economic space; the second is the feasibility of revising the notion of property in the modern world; the third is the validity of the notion of changing formations as the sequence of “slave-owning system — feudal system — capitalist system”. It is shown that in modern society the system approach to the structuring of socio-economic space is more relevant than the class one. Today the classical notion of “property” does not reflect the diversity of production and economic relations in society and should be replaced by the notion of “system property”, which provides a significant expansion of the concepts of “subject of property” and “object of property”. The change of social formations along with the linear component has a more influential cyclic constituent and obeys the system-wide cyclic regularity that reflects the four-cycle sequence of the dominance of one of the subsystems of the macrosystem: project, object, environment and process.

From Globalisation to Revolution? The Porfirian Political Economy: An Essay on Issues and Interpretations

2009 ◽  
Vol 41 (2) ◽  
pp. 347-368 ◽  
Author(s):  
PAOLO RIGUZZI
Keyword(s):  
Political Economy ◽  
Mexican Revolution ◽  
Future Research ◽  
The Political ◽  
Economic Relations ◽  
Future Research Agenda ◽  
Current State ◽  
International Economic Relations ◽  
Economic Strategies ◽  
State Finance

AbstractThis essay evaluates the political economy of Mexico during the Porfirian period (1876–1911), with the aim of discussing advances in scholarship and presenting an outline of the elements for a future research agenda. To this end, the essay examines the current state of knowledge on four crucial aspects of the Mexican economy: growth and its dimensions; the state, finance and economic strategies; the construction and functioning of the internal market; and the international economic relations of Mexico during the first period of globalisation. In particular, it assesses the arguments that link features of Porfirian economic organisation with the outbreak of the Mexican Revolution in 1910.

Duterte’s Foreign Policy Pivot and Its Impact on Philippine Trade and Investments: An International Political Economy Perspective

2020 ◽  
Vol 41 (1-2) ◽  
pp. 127-160
Author(s):  
Jenny D. Balboa
Keyword(s):  
Political Economy ◽  
Foreign Policy ◽  
International Political Economy ◽  
The United States ◽  
The Philippines ◽  
The Political ◽  
The European Union ◽  
Economic Relations ◽  
The Impact ◽  
Trade And Investment

Abstract Since the Philippines elected President Rodrigo Duterte in 2016, the country’s foreign policy seems to have become more uncertain. President Duterte’s mercurial personality and antagonistic tirades against the country’s traditional Western allies, including the United States (US) and the European Union (EU), and his statements of building closer ties with China and Russia, had changed the political and diplomatic tone of the Philippines overall. Certainly, the political relationship between the Philippines and the West has been changed by Duterte’s strong remarks against the US and EU. Has this change spilled over to the economy? The paper presents an international political economy framework in examining the impact of Duterte’s foreign policy pivot to the country’s foreign economic relations, focusing on trade and investment. The paper argues that Duterte’s foreign policy shift is mainly shaped by Duterte’s “politics of survival”. Not firmly anchored in any idea, norms, or interest that can clearly benefit the country, Duterte is unable to provide coherent guidance and leadership on the foreign policy pivot, particularly on the economy. Duterte’s lack of guidance provided the technocrats with the policy space to continue the policies from the previous administration and not to divert radically from previous economic policies. The stability of the economic institutions provided a refuge in the period of uncertainty. As a result, the foreign economic relations of the Philippines has not radically shifted. The trade and investment situation of the Philippines remained stable, and economic relations with traditional partners are maintained.

South Africa and the political economy of regional cooperation in Southern Africa

2005 ◽  
Vol 43 (1) ◽  
pp. 21-51 ◽  
Author(s):  
James J. Hentz
Keyword(s):  
South Africa ◽  
Political Economy ◽  
Regional Cooperation ◽  
The Political ◽  
Big Business ◽  
One Dimensional ◽  
Competing Interests ◽  
Regional Role ◽  
Political Compromise ◽  
Push And Pull

Post-apartheid South Africa has recast its regional relations. Nonetheless, much of the literature depicts its policy as a projection of captured interests, for instance big business as embedded in Pretoria's apparent neo-liberal turn. Instead, post-apartheid South Africa's regional relations represent a political compromise, albeit not necessarily an explicit one, that reflects the different visions of South Africa's regional role and their respective political bases. Because their policies reflect the push and pull of competing constituencies, democratic states are rarely one dimensional. Post-apartheid South Africa is no exception, as it attempts to square the political circle of competing political constituencies, such as big business and labour. South Africa's regional relations and, in particular, its policy of regional economic cooperation/integration, are best understood as a reflection of the competing interests within its domestic political economy.

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