scholarly journals The Political Economy of Education and Knowledge under Economic Stress: Reflections on Colonial and Post-colonial Zimbabwe

2020 ◽  
Vol 65 (1-3) ◽  
Author(s):  
Innocent Chirisa
Keyword(s):  
Political Economy ◽  
Capital Investment ◽  
Secondary Data ◽  
Economic Stress ◽  
The Political ◽  
Post Colonial ◽  
Economic Problems ◽  
Central Argument ◽  
Investment Models ◽  
The Impact

ABSTRACT This paper presents a comparative analysis of the impact of economic problems on education under the Rhodesian and Zimbabwean post-colonial governments. The analysis is based on human capital investment models, which illustrate how economic growth manifests under different socio-economic conditions. Using a qualitative approach based on secondary data, the paper finds that Zimbabwe experienced economic problems during the UDI era and during the reign of Mugabe as its president. In particular, it emerges that the impact of economic sanctions during the Smith regime were relatively positive while the economy proved to be tumultuous during the Mugabe era. As such, the economic stress experienced by these regimes had contrasting effects on educational policies. The central argument of the paper is that education and knowledge are affected by the political economy of a country and they are instrumental in improving the economy, making it a bi-causal relationship.

Food, Water and the Consequences of Society Not Valuing the Environment

2019 ◽  
pp. 858-878 ◽  
Author(s):  
Tony Allan
Keyword(s):  
Political Economy ◽  
Human Health ◽  
Food Production ◽  
Food System ◽  
Food Prices ◽  
The Political ◽  
Environmental Services ◽  
Accounting Systems ◽  
The Impact

The first purpose of this chapter is to highlight the impact of the food system on environmental and human health. The delivery of secure affordable food is a political imperative. Unfortunately, the food system that delivers it is environmentally blind. Food prices do not effectively reflect the value of food and often seriously mislead on the costs and impacts of food production. For example, actual food production takes place in a failed market—the value of environmental services such as water and the supporting ecosystems are not taken into account. The second purpose is to summarize and expose the political economy of the different ‘market’ modes of the food system. It is shown that there are weak players such as underrewarded and undervalued farmers who support society by producing food and stewarding our unvalued environment. The inadequacies of accounting systems are also critiqued.

scholarly journals Colonial Policies and Post- Independence Development in Nigeria

2021 ◽  
Vol 04 (04) ◽  
Author(s):  
Obinna Nwodim ◽  
Keyword(s):  
Secondary Data ◽  
Theoretical Framework ◽  
The Political ◽  
Dependency Theory ◽  
The West ◽  
Political Activities ◽  
Post Colonial ◽  
Colonial Policies ◽  
Indirect Rule

This paper argues that the British colonialists introduced indirect rule to deliberately slow down development in Nigeria and therefore examines how policies influenced the nature and character of socio-cultural and political activities in Nigeria, as well as made it dependent on the west for the sustenance of its economy. It adopts the Dependency Theory as theoretical framework. The study is qualitative and thus obtained secondary data from text books, journals, newspapers and magazines both online and offline, which were content analyzed and formed the basis of conclusion. It observed that the colonial masters had deliberate policies that negatively affected the post-colonial development of Nigeria. It recommended, amongst others, a comprehensive restructuring and overhaul of the political and economic structures that impede development, as well as the reawakening of the consciousness of Nigerians for veritable development.

The Political Economy and Political Aesthetics of Military Maps

2019 ◽  
pp. 184-205
Author(s):  
Catherine Lutz
Keyword(s):  
Political Economy ◽  
Environmental Impact ◽  
The Political ◽  
Two Dimensional ◽  
Island Populations ◽  
Political Aesthetics ◽  
The Us ◽  
Representational Power ◽  
The Impact

This chapter explores the representational power of maps and the violence inherent in removing volume with two-dimensional ‘objectivity’. The focus is on maps, norms and militarist institutions in Guam, foregrounding underexplored aesthetic dimensions in reports on the environmental impact of the US presence. The impact of overseas US bases is striking, a global archipelago of military infrastructure that impacts on ‘strategic and disposable’ island populations. This chapter recognizes the layers of security available even in ‘transparent’ maps.

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.

Many Happy Returns? Investment Governance and the Political Economy of Time in UK Pensions Provision

2021 ◽  
pp. 209-246
Author(s):  
Craig Berry
Keyword(s):  
Political Economy ◽  
Financial Institutions ◽  
Capital Investment ◽  
Pension Funds ◽  
The Political ◽  
Private Pensions ◽  
Pension Schemes ◽  
The Future ◽  
The Uk

We are increasingly conscious that private pension schemes in the UK are primarily financial institutions. UK private pensions provision has always been highly financialized, but the individualization of provision means this dynamic matters more than ever to retirement incomes. Furthermore, individualization has occurred at a time when the UK economy’s capacity to support a long-term approach to capital investment, upon which pensions depend, has declined. The chapter argues that pensions provision essentially involves managing the failure of the future to resemble the present, or more specifically present forecasts of the future. As our ability to manipulate the value of the future has increased, our ability to tolerate forecast failure has declined. The chapter details how pension funds invest, and how this has changed, and provides an original understanding of several recent attempts to shape pensions investment, ultimately demonstrating the limitations of pensions policy in shaping how provision functions in practice.

Health Care Public Sector Share and the U.S. Life Expectancy Lag: A Country-level Longitudinal Study

2018 ◽  
Vol 48 (2) ◽  
pp. 328-348 ◽  
Author(s):  
Megan M. Reynolds
Keyword(s):  
Health Care ◽  
Political Economy ◽  
Public Sector ◽  
Life Expectancy ◽  
Policy Implications ◽  
The Political ◽  
Life Expectancy At Birth ◽  
Political Economy Of Health ◽  
The Impact ◽  
The U.S

Growing research on the political economy of health has begun to emphasize sociopolitical influences on cross-national differences in population health above and beyond economic growth. While this research investigates the impact of overall public health spending as a share of GDP (“health care effort”), it has for the most part overlooked the distribution of health care spending across the public and private spheres (“public sector share”). I evaluate the relative contributions of health care effort, public sector share, and GDP to the large and growing disadvantage in U.S. life expectancy at birth relative to peer nations. I do so using fixed effects models with data from 16 wealthy democratic nations between 1960 and 2010. Results indicate that public sector share has a beneficial effect on longevity net of the effect of health care effort and that this effect is nonlinear, decreasing in magnitude as levels rise. Moreover, public sector share is a more powerful predictor of life expectancy at birth than GDP per capita. This study contributes to discussions around the political economy of health, the growth consensus, and the American lag in life expectancy. Policy implications vis-à-vis the U.S. Affordable Care Act are discussed.

scholarly journals Varieties of Capitalism and Institutional Complementarities in the Political Economy: An Empirical Analysis

2009 ◽  
Vol 39 (3) ◽  
pp. 449-482 ◽  
Author(s):  
Peter A. Hall ◽  
Daniel W. Gingerich
Keyword(s):  
Political Economy ◽  
Corporate Governance ◽  
Statistical Analysis ◽  
Institutional Change ◽  
Institutional Reform ◽  
Varieties Of Capitalism ◽  
The Political ◽  
Labour Relations ◽  
Comparative Capitalism ◽  
The Impact

This article provides a statistical analysis of core contentions of the ‘varieties of capitalism’ perspective on comparative capitalism. The authors construct indices to assess whether patterns of co-ordination in the OECD economies conform to the predictions of the theory and compare the correspondence of institutions across subspheres of the political economy. They test whether institutional complementarities occur across these subspheres by estimating the impact of complementarities in labour relations and corporate governance on growth rates. To assess the durability of varieties of capitalism, they report on the extent of institutional change in the 1980s and 1990s. Powerful interaction effects across institutions in the subspheres of the political economy must be considered if assessments of the economic impact of institutional reform in any one sphere are to be accurate.

Misplaced Polarities: A Comment on “State, Capital and World Economy” by Paul Kellogg

1991 ◽  
Vol 24 (1) ◽  
pp. 121-133
Author(s):  
Elisabeth Gidengil
Keyword(s):  
Political Economy ◽  
Capital Investment ◽  
World Economy ◽  
The Political ◽  
Dependency Theory ◽  
State Capitalism ◽  
Current Strategy ◽  
Capitalist Economy ◽  
Starting Point ◽  
State Capital

AbstractPaul Kellogg has called on Canadian political economists to break decisively with dependency theory, arguing that Nikolai Bukharin's insights can provide the key to retheorizing Canada as an unqualifiedly advanced capitalist economy. This comment first questions Kellogg's assumption that left-nationalist dependency theorists were ascribing nationalist motivations to capital investment and then goes on to illustrate that the case for Carroll's internationalist thesis is not as strong as Kellogg supposes. Questions are raised about the appropriateness of Bukharin's emphasis on state capitalism and the nationalization of capitalist interests in the light of Canada's current strategy of market-led continentalism. Finally, the argument is made that capitalist laws of motion can provide only a starting point for understanding the political economy of Canada.

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