Analytical Gains of Geopolitical Economy

by Radhika Desai (Editor), Paul Zarembka (Editor)

Overview

This work advances geopolitical economy as a new approach to understanding the evolution of the capitalist world order and its 21st century form of multipolarity. Neither can be explained by recently dominant approaches such as U.S. hegemony or globalization: they treat the world economy as a seamless whole in which either no state matters or only one does. Today's BRICs and emerging economies are only the latest instances of state-led or combined development. Such development has a long history of repeatedly challenging the unevenness of capitalism and the international division of labour it created. It is this dialectic of uneven and combined development, not markets or imperialism, which has spread productive capacity around the world. It also ensured that the hegemony of the UK would end and attempts to create that of the US would peter out into multipolarity. Part two of this book paves the way, advancing Geopolitical Economy as a new approach to the study of international relations and international political economy. Following on from the theoretical limitations exposed in Part I, in this volume the analytical limitations are explored.

Product Details

ISBN-13:	9781785603372
Publisher:	Emerald Group Publishing Limited
Publication date:	01/19/2016
Series:	Research in Political Economy , #30
Pages:	304
Product dimensions:	6.10(w) x 9.10(h) x 1.10(d)

About the Author

Radhika Desai, University of Manitoba, Canada

Table of Contents

Editorial Advisory Board vii

List of Contributors ix

Introduction: Putting Geopolitical Economy to Work Radhika Desai 1

Part I The International Monetary System

The Inherent Instability of National Monetary Power in the 21st Century: The Triffin Dilemma Revisited Juan Barredo-Zuriarrain 25

The Currency Hierarchy in Center-Phery Relationships Alex W. A. Palludeto Saulo C. Abouchedid 53

Quasi-World Money and International Reserves George Labrinidis 91

Part II World Trade and Investment

Uneven and Combined Development in the a Stalemate Mehdi Abbas 127

China's "South-South" Trade: Unequal Exchange and Uneven and Combined Development Ben Reid 161

The New Scramble For Africa: Brics Strategies in a Multipolar World Óscar Carpiniero Ivan Murray José Bellver 191

Part III The Persistence of Unevenness

Argentine Industrialization: A Critique of the Liberal and Dependentist Schools Eduardo Sartelli Marina Kabat 229

EU Integration as Uneven and Combined Development Claude Serfati 255