The Political Economy of Third World Intervention


Book Description

Interventionism—the manipulation of the internal politics of one country by another—has long been a feature of international relations. The practice shows no signs of abating, despite the recent collapse of Communism and the decline of the Cold War. In The Political Economy of Third World Intervention, David Gibbs explores the factors that motivate intervention, especially the influence of business interests. He challenges conventional views of international relations, eschewing both the popular "realist" view that the state is influenced by diverse national interests and the "dependency" approach that stresses conflicts between industrialized countries and the Third World. Instead, Gibbs proposes a new theoretical model of "business conflict" which stresses divisions between different business interests and shows how such divisions can influence foreign policy and interventionism. Moreover, he focuses on the conflicts among the core countries, highlighting friction among private interests within these countries. Drawing on U.S. government documents—including a wealth of newly declassified materials—he applies his new model to a detailed case study of the Congo Crisis of the 1960s. Gibbs demonstrates that the Crisis is more accurately characterized by competition among Western interests for access to the Congo's mineral wealth, than by Cold War competition, as has been previously argued. Offering a fresh perspective for understanding the roots of any international conflict, this remarkably accessible volume will be of special interest to students of international political economy, comparative politics, and business-government relations. "This book is an extremely important contribution to the study of international relations theory; Gibbs' treatment of the Congo case is superb. He effectively takes the "statists" to task and presents a compelling new way of analyzing external interventions in the Third World."—Michael G. Schatzberg, University of Wisconsin "David Gibbs makes an original and important contribution to our understanding of the influence of business interests in the making of U.S. foreign policy. His business conflict model provides a synthetic theoretical framework for the analysis of business-government relations, one which yields fresh insights, overcomes inconsistencies in other approaches, and opens new ground for important research. . . . [Gibbs] provides a sophisticated analysis of the conflicts within the U.S. business community and identifies the complex ways in which they interacted with agencies within the government to form U.S. foreign policy toward the Congo. . . . This is a well-crafted analysis of a critical case of U.S. postwar intervention which should be of general interest to scholars and others concerned with the domestic bases of foreign policy."—Thomas J. Biersteker, Director, School of International Relations, University of Southern California




The Political Economy Of U.s. Policy Toward South Africa


Book Description

By tracing U.S. involvement in South African political and economic development since the late 1800s, this book analyzes U.S. corporate and government motives for maintaining the political status quo in South Africa. In recent decades, according to the author, U.S. policy toward South Africa has grown more contradictory: Endeavoring to protect the United States's reputation on the question of race, government officials denounce apartheid, yet Washington remains the main force blocking an international response to South African policies. As the situation in South Africa continues to polarize, the U.S. is increasingly isolated in its position of verbally condemning yet materially supporting South Africa's white minority regime--a regime confronting the distinct possibility of civil war.




The New Political Economy of Land Reform in South Africa


Book Description

This book analyzes the new political economy of land reform in South Africa. It takes a holistic approach to understand South Africa’s land reform, assesses the current policy gaps, and suggests ways of filling them. Due to its cross-disciplinary approach, the book will appeal to a broad audience, and will benefit readers from the fields of policy reform, administration, law, political science, political economics, agricultural economics, global politics, resource studies and development studies.




The Political Economy of Xenophobia in Africa


Book Description

This book analyzes the phenomenon of xenophobia across African countries. With its roots in colonialism, which coercively created modern states through border delineation and the artificial merging and dividing of communities, xenophobia continues to be a barrier to post-colonial sustainable peace and security and socio-economic and political development in Africa. This volume critically assesses how xenophobia has impacted the three elements of political economy: state, economy and society. Beginning with historical and theoretical analysis to put xenophobia in context, the book moves on to country-specific case studies discussing the nature of xenophobia in Nigeria, South Africa, Zambia, Ghana and Zimbabwe. The chapters furthermore explore both violent and non-violent manifestations of xenophobia, and analyze how state responses to xenophobia affects African states, economies, and societies, especially in those cases where xenophobia has widespread institutional support. Providing a theoretical understanding of xenophobia and proffering sustainable solutions to the proliferation of xenophobia in the continent, this book is of use to researchers and students interested in political science, African politics, peace studies, security, and development economics, as well as policy-makers working to eradicate xenophobia in Africa.




Neoliberalism and Resistance in South Africa


Book Description

This book critically examines the persistence of market orthodoxy in post-apartheid South Africa and the civil society resistance such policies have generated over a twenty-five-year period. Each chapter unpacks the key political coalitions and economic dynamics, domestic as well as global, that have sustained neoliberalism in the country since the transition to liberal democracy in 1994. Chapter 1 analyzes the political economy of segregation and apartheid, as well as the factors that drove the democratic reform and the African National Congress’ (ANC) subsequent abandonment of redistribution in favor of neoliberal policies. Further chapters explore the causes and consequences of South Africa’s integration into the global financial markets, the limitations of the post-apartheid social welfare program, the massive labour strikes and protests that have erupted throughout the country, and the role of the IMF and World Bank in policymaking. The final chapters also examine the political and economic barriers thwarting the emergence of a viable post-apartheid developmental state, the implications of monopoly capital and foreign investment for democracy and development, and the phenomenon of state capture during the Jacob Zuma Presidency.




Political Economies of Energy Transition


Book Description

Shows that economic concerns about jobs, costs, and consumption, rather than climate change, are likely to drive energy transition in developing countries.




The American Political Economy


Book Description

Here is the most comprehensive and authoritative work to date on relationships between the economy and politics in the years from Eisenhower through Reagan. Extending and deepening his earlier work, which had major impact in both political science and economics, Hibbs traces the patterns in and sources of postwar growth, unemployment, and inflation. He identifies which groups win and lose from inflations and recessions. He also shows how voters' perceptions and reactions to economic events affect the electoral fortunes of political parties and presidents. Hibbs's analyses demonstrate that political officials in a democratic society ignore the economic interests and demands of their constituents at their peril, because episodes of prosperity and austerity frequently have critical influence on voters' behavior at the polls. The consequences of Eisenhower's last recession, of Ford's unwillingness to stimulate the economy, of Carter's stalled recovery were electorally fatal, whereas Johnson's, Nixon's, and Reagan's successes in presiding over rising employment and real incomes helped win elections. The book develops a major theory of macroeconomic policy action that explains why priority is given to growth, unemployment, inflation, and income distribution shifts with changes in partisan control of the White House. The analysis shows how such policy priorities conform to the underlying economic interests and preferences of the governing party's core political supporters. Throughout the study Hibbs is careful to take account of domestic institutional arrangements and international economic events that constrain domestic policy effectiveness and influence domestic economic outcomes. Hibbs's interdisciplinary approach yields more rigorous and more persuasive characterizations of the American political economy than either purely economic, apolitical analyses or purely partisan, politicized accounts. His book provides a useful benchmark for the advocacy of new policies for the 1990s--a handy volume for politicians and their staffs, as well as for students and teachers of politics and economics.




The Political Economy of Underdevelopment in the Global South


Book Description

This book presents a new theory explaining underdevelopment in the global South and tests whether financial inputs, the government-business-media (GBM) complex and spatiotemporal influences drive human development. Despite the entrance of emerging powers and new forms of aid, trade and investment, international political-economic practices still support well-established systems of capital accumulation, to the detriment of the global South. Global asymmetrical accumulation is maintained by ‘affective’ (consent-forming hegemonic practices) and ‘infrastructural’ (uneven economic exchanges) labours and by power networks. The message for developing countries is that ‘robust’ GBMs can facilitate human development and development is constrained by spatiotemporal limitations. This work theorizes that aid and foreign direct investment should be viewed with caution and that in the global South these investments should not automatically be assumed to be drivers of development.




The Political Economy of Policy Reform


Book Description

Policymakers around the world have increasingly agreed that macroeconomic discipline, microeconomic liberalization, and outward orientation are prerequisites for economic success. But what are the political conditions that make economic transformation possible? At a conference held at the Institute for International Economics, leaders of economic reform recounted their efforts to bring about change and discussed the impact of the political climate on the success of their efforts. In this book, these leaders explore the political conditions conducive to the success of policy reforms. Did economic crisis strengthen the hands of the reformers? Was the rapidity with which reforms were instituted crucial? Did the reformers have a "honeymoon" period in which to transform the economy? The authors answer these and other questions, as well as providing first-hand accounts of the politically charged atmosphere surrounding reform efforts in their countries.




The Political Economy of Modern South Africa


Book Description

Originally published in 1987 this book argues that South African politics reflect the changing ways in which the region has been incorporated into the world economy. It traces the effects of a process of industrialisation under the dominance of mining on the other sectors of the economy, and on the evolution of the class structure. It shows how a coercive labour system influenced the definition of political and social rights in racial terms and profoundly influenced the development of authoritarian controls over blacks in the urban and rural areas from the 1920s onwards. The book includes an essay on the different strands in the reform movement and speculates about the social and political forces which underlined the political changes which began to take place during the mid-1970s.