In China’s Wake: How the Commodity Boom Transformed Development Strategies in the Global South

Economic crisis, global financial cycles and state control of finance: public development banking in Brazil and South Africa

“…In lower income countries that cannot easily borrow on private markets, the availability of low-conditionality sources of official and bilateral external finance, such as Chinese loans, and commodity revenues should be more important for increasing access to replacement resources and reducing IMF liberalization conditionalities than global financial market liquidity (Bunte, 2019;Jepson, 2020). On the other hand, the prevalence of dollarization in these economies may weaken financial resilience to capital flight, and decrease the likelihood of interventionism (Naqvi, 2021).…”

“…In countries with extensive capital controls that never seriously liberalized in the first place, such as India and China, external market pressures should be even more muted, though not absent due to dollar requirements and illegal capital flight. Major oil exporters such as Venezuela and Kazakhstan should have the policy autonomy for interventionism due to an abundance of foreign exchange during commodity booms (Jepson, 2020). On the other hand, more limited deviations from orthodoxy or further liberalization in EMs such as South Africa, Mexico, Colombia, Turkey, Romania and the Philippines could be due to either policymakers' perceptions of weak financial resilience or a lack of demand from domestic interest groups.…”

Deindustrialisation and the politics of subordinate degrowth: The case of Greater Buenos Aires, Argentina

“…Second, deindustrialisation in many cities across Latin America is shaped by processes of re-primarisation as capital is diverted from urban industry to the production of primary commodities (e.g. resource extraction and agro-food processing) (Jenkins, 2015;Jepson, 2020;Taylor, 2016). Research has shown that cities located in resource-exporting countries with scant industry exhibit higher levels of poverty and inequality than their counterparts with comparatively robust manufacturing endowments (Gollin et al, 2016).…”

China and the Global South: A Comparative Analysis of Knowledge Networks in Africa, Asia, and Latin America and the Caribbean

“…The continental scheme in the studies is expedient, but we are fully aware that it is a construct often with Orientalist and colonial legacies (Lewis and Wigen 1997). A growing body of cross-regional studies has indeed appeared in just the past few years (Freymann 2020;Hillman 2020;Jepson, 2020;Alves and Lee 2022;Cheuk 2022;Kurlantzick 2022;Liu 2022;Murphy 2022;Repnikova 2022). There are also deepening interests in the historical and cultural (literary, visual, discursive, and ethnographical) analyses of the multilayered connections between China and the Global South (Umejei 2020;Gong 2022;Hsu 2022;Lu 2022;Suglo 2022a;Suglo 2022b;Rofel and Rojas 2023).…”