Post-colonial Accounting Development and the Nexus of Domestic–Global Interests in Emerging Economies

Author(s):  
Shahrokh M. Saudagaran ◽  
Joselito Diga
2015 ◽  
Vol 2 (1) ◽  
pp. 1-16
Author(s):  
Muhammad Faisal Awan

This paper attempts to explore the socio-political and economic dimensions of increasingly becoming popular rise of the Global South. It is argued that the slogan of the rise of Global South which seemingly implies that the Global South in its pursuit of development as an ideal will end up being different than the North is questionable. Scholars have long debated on the nature and spirit of development in South and explain the rising South either in terms of gradual expansion of Westernization or in terms of emerging indigenous alternate model of development or alternate modernity. This distinction in describing the emerging economies rely primarily on the specific use of notion of capital as somewhat Western and the culture it produces as Western culture or either in the sense of internalizing the spirit of capital yet maintaining distinctive identity (other than the Western) which tends to reflect in the vocabulary of the Global South. This is to argue here that the spirit of capital is neither West nor East. And similarly it is neither North nor South. It is only the question of when and how the forces underlying capitalism will emerge in particular geography. The development discourse emerged primarily after the WWII put all post-colonial nations pursuing development instead of questioning it. There may have been changes in the vocabulary of development in the Global South to adjust in local cultures and perhaps also in the structure. There may have been call for alternate modernity. Notwithstanding the spirit remains the same. It is in this backdrop locating or understanding the very notion of the East not as a homogenous civilization but rather a pool of civilizations intending to express power of traditions in transitions becomes important. The purpose of this paper is to understand the withering traditions of East in the Global South development process dominated by the spirit of Capitalism. It is asked in environmental debate that can capitalism go green, in the political and cultural realm I would try to explore can capitalism go East in the Global South; can traditions survive in transitions? If not then Why?


Author(s):  
Nicholas J. White

This chapter scrutinizes the ways in which corporations with substantial colonial interests both anticipated and reacted to decolonization. In particular, it focuses on patterns of co-operation with post-colonial governments and the strategies of commercial diversification adopted in order to conserve regional stakes in emerging economies. Temporarily exhilarated by the Second Colonial Occupation as European imperial regimes refortified the siege economies of the 1930s and the Second World War, big business was soon to be alienated by the big government of the new imperialism in combination with the struggle over resources which exposed the impossibility of reconciling European privilege with non-European entitlement.


2020 ◽  
Vol 2 (2) ◽  
pp. 47-54
Author(s):  
Fred Amonya

Crises force us to stop and think. And COVID-19 should. This paper examines the prospect of deep reform of national planning in the young post-colonial states (the moulding states). The paper is a contrasted case study of Kenya and Uganda. The attempt at generalisation across moulding states draws on a shared history of state formation. Two trunks define that history – post-independence conflicts and structural adjustment programme (SAP). A contrast between the two countries teases out a tension, which tension the paper uses to illuminate the two policy spaces. The analytical frame draws on control theory. The paper argues that neither country is likely to see structural reform of their national planning. Yet, the epistemological thrust of the paper is not that deduction but questions arising along with the scrutiny of the policy spaces. Those questions should provoke Africa and more broadly, the emerging economies


2013 ◽  
pp. 109-128 ◽  
Author(s):  
C. Rühl

This paper presents the highlights of the third annual edition of the BP Energy Outlook, which sets out BP’s view of the most likely developments in global energy markets to 2030, based on up-to-date analysis and taking into account developments of the past year. The Outlook’s overall expectation for growth in global energy demand is to be 36% higher in 2030 than in 2011 and almost all the growth coming from emerging economies. It also reflects shifting expectations of the pattern of supply, with unconventional sources — shale gas and tight oil together with heavy oil and biofuels — playing an increasingly important role and, in particular, transforming the energy balance of the US. While the fuel mix is evolving, fossil fuels will continue to be dominant. Oil, gas and coal are expected to converge on market shares of around 26—28% each by 2030, and non-fossil fuels — nuclear, hydro and renewables — on a share of around 6—7% each. By 2030, increasing production and moderating demand will result in the US being 99% self-sufficient in net energy. Meanwhile, with continuing steep economic growth, major emerging economies such as China and India will become increasingly reliant on energy imports. These shifts will have major impacts on trade balances.


2019 ◽  
pp. 108-126
Author(s):  
Ivan L. Lyubimov

This paper examines the evolution of academic and applied approaches to analyze the problem of economic growth since the mid-XX century. For quite an extended period of time, these views were corresponding to universalist economic policies taking no adequate account of particularities and limitations that a certain catching-up economy embodied. New approaches analyzing the problems of economic growth, on the contrary, individualize growth diagnostics, structural transformation and the organization of reforms processes for the emerging economies. We argue that individualist approaches might be potentially more effective than the universalist ones for solving the problem of slow economic growth.


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