Growth and Development in the Global Political Economy - 9780415296526

Taylor & Francis

Growth and Development in the Global Political EconomyModes of Regulation and Social Structures of Accumulation\nAuthor(s): Phillip O'Hara\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9780415296526, 978-0415296526\nSynopsis\nRecent institutional changes have seen the increasing dominance of globalization and neoliberalism in the world economy. As markets have been deregulated, privatization and unproductive government spending have been promoted. Yet the greater volatility of capitals, the emergence of many financial crises, a decline in trust, and environmental problems have cast doubt on the effectiveness of neoliberal globalization.\n\nThis book studies the impact of neoliberal globalization on growth and development in the world economy. It scrutinizes whether new social structures of accumulation or modes of regulation have emerged to promote long-term socioeconomic performance in the global economy during the early years os