Alternative Capitalisms: Geographies of Emerging Regions by Gwynne PDF

By Gwynne

ISBN-10: 0340759437

ISBN-13: 9780340759431

ISBN-10: 0340763213

ISBN-13: 9780340763216

This booklet goals to ascertain the consequences of globalization and fiscal and political changes within the 'emerging areas' of Latin the United States and the Caribbean, East important Europe and the previous Soviet Union and East Asia by way of taking a look at improvement trajectories and the pathways of either financial and political switch. it is a special approach by way of books released in either geography and the social sciences.

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These cycles account for economic booms and busts of various durations (Knox and Agnew, 1998: 11). 1). According to Kondratieff, each cycle or 'long wave' lasts about 50 to 60 years. Kondratieff had little to say about the causes behind the empirical regularity he discovered. However, one writer who did attempt to explain cycles and waves in economic development was Joseph Schumpeter (1934; 1939; 1943). Schumpeter disagreed with the neoclassical analysis of capitalist HISTORICAL DIMENSIONS OF THE WORLD-SYSTEM growth as a gradual and harmonious process, without major ups and downs.

Is GNP per capita a fair measure of WST's three geographical categories? It seems reasonable for measuring some of the material results of the world-system. GNP per capita is less useful, however, as a measure of a dynamic and interactive process involving decision-making, the establishment and enforcement of rules and regulations, policy influences, resource extraction, investment, production, and trade among members of the world-system. In this book, we are especially interested in understanding the process associated with the relationships between countries in the world-system's three categories.

Perhaps it is better to think of a world-system analysis or perspective rather than a fully fledged world-system theory. 4 FDI flows by geographical category for 1990 (in billions of US dollars) Core, semi-periphery and periphery: empirically grounded or merely heuristic? Issues of measurement and testing are well illustrated by a discussion of the three-category spatial division of the world-system. What empirical evidence is there for WST's claim that the world divides into core, semi-periphery and periphery?

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Alternative Capitalisms: Geographies of Emerging Regions by Gwynne

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