Authors:
- Analyzes the GBM complex and how it can be used as a framework to drive development
- Looks at aid and development in the Global South at a structural and descriptive level
- Examines how foreign aid and investment affects development
Part of the book series: International Political Economy Series (IPES)
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Table of contents (10 chapters)
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Front Matter
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Back Matter
About this book
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.
Keywords
- 20th century development theory
- neoliberalism
- post-development
- Global South
- Latin America
- Africa
- development aid
- global South trade
- government-business-media complex
- capital accumulation
- reversing disposession
- underdevelopment
- Human Development
- foreign aid
- foreign investment
- development drivers
- International Political Economy
- foreign politics
- international economics
- Asia
- development theory
Authors and Affiliations
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Centre for Military Studies, University of Stellenbosch, Saldanha, South Africa
Justin van der Merwe
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School for Human and Organisational Development, University of Stellenbosch, Saldanha, South Africa
Nicole Dodd
About the authors
Justin van der Merwe is Senior Researcher at the Centre for Military Studies, Faculty of Military Science at the University of Stellenbosch, South Africa.
Nicole Dodd is Chair at the School for Human and Organisational Development, Faculty of Military Science at the University of Stellenbosch, South Africa.
Bibliographic Information
Book Title: The Political Economy of Underdevelopment in the Global South
Book Subtitle: The Government-Business-Media Complex
Authors: Justin van der Merwe, Nicole Dodd
Series Title: International Political Economy Series
DOI: https://doi.org/10.1007/978-3-030-05096-2
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 2019
Hardcover ISBN: 978-3-030-05095-5Published: 16 January 2019
eBook ISBN: 978-3-030-05096-2Published: 07 January 2019
Series ISSN: 2662-2483
Series E-ISSN: 2662-2491
Edition Number: 1
Number of Pages: XV, 209
Number of Illustrations: 1 b/w illustrations
Topics: International Political Economy, Development Theory, Development Policy, Latin American Politics, African Politics