2014
DOI: 10.1057/9781137352361
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The Political Economy of an Emerging Global Power

Abstract: The global political economy is in flux as a series of cumulative crises impacts its organization and governance. The IPE series has tracked its development in both analysis and structure over the last three decades. It has always had a concentration on the global South. Now the South increasingly challenges the North as the centre of development, also reflected in a growing number of submissions and publications on indebted Eurozone economies in Southern Europe.An indispensable resource for scholars and resea… Show more

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Cited by 26 publications
(7 citation statements)
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“…However, very few studies have been conducted with a research focus on the economies of developing countries, such as those in Latin America. Numerous authors have suggested that research based on developed or highly industrialized countries cannot necessarily be applied to emerging countries (Cuervo-Cazurra et al 2014; Peña-Vinces and Urbano 2014) as the economic situation of such countries is rather different, and many of them are undergoing consolidation (Casanova and Kassum 2014;Peña-Vinces et al 2012;Peña-Vinces and Delgado-Marquez 2013). There has been a recent increase in research considering multinational enterprises (MNEs) located in Latin America as a topic of study (Cuervo-Cazurra et al 2014;Cuervo-Cazurra 2008;Peña-Vinces et al 2012; Peña-Vinces and Delgado-Marquez 2013).…”
Section: Introductionmentioning
confidence: 99%
“…However, very few studies have been conducted with a research focus on the economies of developing countries, such as those in Latin America. Numerous authors have suggested that research based on developed or highly industrialized countries cannot necessarily be applied to emerging countries (Cuervo-Cazurra et al 2014; Peña-Vinces and Urbano 2014) as the economic situation of such countries is rather different, and many of them are undergoing consolidation (Casanova and Kassum 2014;Peña-Vinces et al 2012;Peña-Vinces and Delgado-Marquez 2013). There has been a recent increase in research considering multinational enterprises (MNEs) located in Latin America as a topic of study (Cuervo-Cazurra et al 2014;Cuervo-Cazurra 2008;Peña-Vinces et al 2012; Peña-Vinces and Delgado-Marquez 2013).…”
Section: Introductionmentioning
confidence: 99%
“…13 Additionally, smaller firms like Queiroz Galvão established themselves, for instance in Ghana, which was experiencing its own petroleum-driven boom between 2008 and 2012 (Whitfield, 2018) and using the firm to build motorway projects in Accra and elsewhere. 14 The commodity boom was also a major bonus for commodity-exporting Brazil, increasing the government's budget for diplomatic ventures, South-South development cooperation and subsidised loans for infrastructure (Casanova & Kassum, 2014). Equally, the bust in commodities in 2014 then became part of the explanation for the downgrading of Brazil-Africa relations, reducing the profitability of mineral and petroleum projects and squeezing the budgets of the companies and governments of Brazil and many of those in Africa .…”
Section: Structural Determinantsmentioning
confidence: 99%
“…Particularly dominant in the funding of the complex is public capital, through direct contributions from the federal or state government, the presence of pension fund contributions from the federal state, or the large amount of financial backing received from the Brazilian Development Bank (BNDES). As the ‘visible hand of the state’ (Casanova & Kassum, : 35), BNDES has played a significant role in the provision of finance to the Brazilian economy, providing 2,115 loans, ranging in from under R$1 million to over R$1 billion in the period 2002−11 (Montero, ). 27 per cent of these loans (or over R$73 billion of investment) have been made to the energy sector (Montero, ).…”
Section: The Competition Between Pro‐ and Anti‐dam Coalitionsmentioning
confidence: 99%