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Palgrave Macmillan

The Political Economy of Emerging Markets and Alternative Development Paths

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  • © 2023

Overview

  • Analyses emerging market economies’ alternative development trajectories
  • Focuses on the ways statist economic systems are organized and coordinated
  • Contributes to research on economic and developmental policy-making in the global semi-periphery

Part of the book series: International Political Economy Series (IPES)

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Table of contents (13 chapters)

Keywords

About this book

This volume is the continuation of our research on economic and developmental policy-making in the global semi-periphery in the post-crisis cycle (see our two recently published volumes titled ‘Market-Liberalism and Economic Patriotism in Capitalist Systems’ edited by Gerőcs and Szanyi, 2019, Palgrave Macmillan and ‘The Post-Crisis Developmental State – Perspectives from the Global Periphery’ edited by Gerőcs and Ricz, 2021). Our new volume aims to be a contribution to the analysis of emerging market economies’ alternative development trajectories, as we explore the new perspectives on semi-peripheral dependent development since the Global Financial Crisis and especially amidst the new global pandemic, the COVID-19.

The scope of comparative capitalism research has also been altered accordingly to include the analysis of emerging economies outside the core of the world system, and to make intertemporal comparisons possible (such as to define and characterise historical wavesof state capitalism). Still, we are convinced that to better understand the current wave of state capitalism and to explore its national varieties there is a need to critically reconsider existing theoretical approaches and methodologies, and to search for new ones, if necessary.

This book aims to be a contribution to the analysis of emerging market economies' alternative development trajectories and explores new perspectives on semi-peripheral dependent development, especially amidst COVID-19.


Reviews

“Global Financial Crisis of 2008-2009 and later crises clearly showed serious challenges faced by global capitalism expanded worldwide in last decades. Old standard models of policy-making do not work more, search for new ideas and solutions able to support economic development is needed – especially for countries from global semi-periphery. Focusing on successes and failures of contemporary state-led developmental experiments around the world this book provides a new fresh view on perspectives for economic development in dramatically changing world.” (Andrei Yakovlev, HSE Institute for Industrial and Market Studies & Davis Center at Harvard University (United States))

““The Political Economy of Emerging Markets and Alternative Development Paths” offers a rich collection of inspiring readings to academics, policy makers, and students interested in the theories and paths of latecomer development. The conceptual contribution of the volume is to map and reflect innovel ways on new strands in comparative political economy, which increasingly focus on the dynamic factors rather than static models of capitalist development. The chapters cover a large variety of latecomer trajectories from China to Turkey, and from Central and Eastern Europe to Zimbabwe. The global and transnational comparative approach is justified by the dramatically changing geopolitics of our times marked by the rise of authoritarianism, shocks of climate change, the pandemic, and the ongoing war, which is fought not only with arms but with weaponized energy and food as well. Accordingly, the volume captures a historical turning point at which hegemony is challenged, development paths are altered, and the future is less predictable than ever.” (Béla Greskovits, Central European University, Vienna (Austria))


Editors and Affiliations

  • Department of World Economy, Institute of Global Studies, Corvinus University of Budapest, Budapest, Hungary

    Judit Ricz

  • Centre for Economic and Regional Studies, Institute of World Economics, Budapest, Hungary

    Tamás Gerőcs

About the editors

Judit Ricz (PhD) is Research Fellow at the Institute of World Economics, Centre for Economic and Regional Studies and Associate Professor at Institute of Global Studies at the Corvinus University Budapest, Hungary.

Tamás Gerőcs (PhD) is External Research Fellow at the Institute of World Economics, Centre for Economic and Regional Studies  and SUNY Binghamton, United States. 


Bibliographic Information

  • Book Title: The Political Economy of Emerging Markets and Alternative Development Paths

  • Editors: Judit Ricz, Tamás Gerőcs

  • Series Title: International Political Economy Series

  • DOI: https://doi.org/10.1007/978-3-031-20702-0

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Political Science and International Studies, Political Science and International Studies (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2023

  • Hardcover ISBN: 978-3-031-20701-3Published: 18 February 2023

  • Softcover ISBN: 978-3-031-20704-4Published: 18 February 2024

  • eBook ISBN: 978-3-031-20702-0Published: 17 February 2023

  • Series ISSN: 2662-2483

  • Series E-ISSN: 2662-2491

  • Edition Number: 1

  • Number of Pages: XV, 339

  • Number of Illustrations: 10 b/w illustrations, 10 illustrations in colour

  • Topics: International Relations, International Relations Theory

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