TAILIEUCHUNG - Great Predators in the Political Economy of Development_10

Tham khảo tài liệu 'great predators in the political economy of development_10', kinh tế - quản lý, quản lý nhà nước phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | MONEY AND POWER measurement of the expansion of capitalism than aid spent on welfare poor Africans who do not matter to growth in these terms . This is not surprising the neoclassical economic analysis they offer for the relationship between aid and growth indirectly illustrates the legacy of post-coloniality that is capitalism works profitably in subSaharan Africa in terms at least of how we are measuring it when it is the privileged political economic elite and international capital who are investing the money dependent as their profitability is on the historically inherited post-colonial market This profitable aid then contributes to a pattern of externally oriented extractive growth a financing of the institutional status quo with all its path dependencies. Politics and the social location of firms are not as the regression analysis no doubt assumed exogenous but are critical to the outcome. The outcome indeed may depend on these types of social inequalities. Radelet et al. 2005 use only proxies which then hide the social agency of those actually involved in the process where for example accommodating institutions and good governed companies are invariably Northern-based multinational companies in countries liberalised to provide full profit repatriation. We return to this issue of aid and capitalist accumulation in the concluding chapter when we return to the overriding narratives of the political economy of development suffice to say that this data works well to support the salvation through external intervention motif in our first narrative the BWI narrative see also Bracking 2006 . Translated however it can equally illustrate the resilience of the second narrative the resistance but subordination story where countries are bound by legacies of dispossession to be subordinate to powerful interests who are rooted The domestically oriented interests of donors whether or not their aid in the private sector encourages growth or not has .

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