New Book: Extracting Profit – Imperialism, Neoliberalism and the New Scramble for Africa

by Lee Wengraf. From Haymarket Books: A piercing historical explanation of poverty and inequality in African societies today and the social impact of resource-driven growth, Extracting Profit explains why Africa, in the first decade and a half of the twenty-first century, has undergone an economic boom. Rising global prices in oil and minerals have produced a scramble … More New Book: Extracting Profit – Imperialism, Neoliberalism and the New Scramble for Africa

Call for papers: Development Studies Association Conference 2018

27-29th June 2018 Academics from the Global Development Institute are helping to convene a number of panels at the annual Development Studies Association conference taking place 27-29th June at The University of Manchester. This year’s theme will be Global Inequalities and will challenge the traditional geographies of development, and demand investigation of the power relations that generate … More Call for papers: Development Studies Association Conference 2018

Call for papers: Productive Structures, Institutions and Distribution

The YSI Economic Development Working Group is pleased to announce a Call for Papers on the theme of Productive Structures, Institutions and Distribution; as part of the 20th Anniversary Conference of the Association for Heterodox Economics, 5-7th July 2018, De Montfort, University, Leicester, UK. CONTEXT Early development theorists, from Antonio Serra to Arthur Lewis, George … More Call for papers: Productive Structures, Institutions and Distribution

The Growth of a “Dual Economy” in the Centre

Marcella Corsi, Guy Standing, Peter Temin, Shannon Monnat, Servaas Storm & Thomas Ferguson discuss. “Dual Economy” models were developed to explain growth in the developing world. Now they appear necessary to comprehend the high income trap that afflicts the world’s most developed economies. Download the papers and presentations at: ineteconomics.org/conference-session/growth-of-dual-economy

New Book: Global Inequalities in World-Systems Perspective

Edited by Manuela Boatca, Andrea Komlosy, & Hans-Heinrich Nolte. From Routledge: During its 500-year history, the modern world-system has seen several shifts in hegemony. Yet, since the decline of the U.S. in the 1970s, no single core power has attained a hegemonic position in an increasingly polarized world. As income inequalities have become more pronounced … More New Book: Global Inequalities in World-Systems Perspective

Xiao Jiang on Why Exports Alone Can’t Make Poor Countries Rich

In a world composed of global value chains, headline global trade data can mask the truth about how much exports are actually benefiting a country, according to professor Xiao Jiang from Denison University. Here’s why: If a country’s imports of semi-finished goods contain significant high-skill labor content, that country will lose will lose domestic share … More Xiao Jiang on Why Exports Alone Can’t Make Poor Countries Rich

‘Africa Rising’ in Retreat – New Signs of Resistance

by Patrick Bond A few years ago, at the very moment that Africa’s GDP ceased its rapid 2002–11 increase, a profound myth took hold in elite economic and political circles, embodied in the slogan “Africa Rising.”1 That myth persists. Deutsche Bundesbank president Jens Weidmann claimed in June 2017 at a Berlin conference that “Africa stands … More ‘Africa Rising’ in Retreat – New Signs of Resistance