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Full-Text Articles in International Economics
Remittances And Development: Local Empowerment And National Dependency, Abby Foy
Remittances And Development: Local Empowerment And National Dependency, Abby Foy
International Political Economy Theses
Remittances, or money that is sent by a migrant to their home country, have been increasingly viewed as a potential way to economically develop low to middle income countries. Presently, the level of remittances sent is higher than that of official developmental aid. Considering that remittances are private capital utilized by locals, the intervention of a non-profit or large international financial organization to spur developmental projects is perhaps not needed. For countries that are reliant on remittances, there are a considerable number of tradeoffs associated with this inflow of capital. Firstly, although difficult to quantify on a large scale, remittances …
The Past And The Present: Two Paradigms Of The Sino-African Investment, Emma Weirich
The Past And The Present: Two Paradigms Of The Sino-African Investment, Emma Weirich
International Political Economy Theses
Outward foreign direct investment (OFDI) has obvious economic and political connections between the recipient and donor countries. Such investment can benefit both sides and carry certain costs to both, whether through global scrutiny or domestic struggles. This these seeks to add to the ongoing discussion of China's OFDI to Africa by comparing China's investment during its socialist period (1949-1976) and its post-socialist era (1977 – present). This comparison reveals that China's foreign policy has transitioned from a socialist paradigm to a capitalist one in the last seven decades, which brought significant changes in its OFDI policies and practice. In the …
Neoliberal Development: Capability Deprivation And Barriers For Positive Mental Health, Kate Roscher
Neoliberal Development: Capability Deprivation And Barriers For Positive Mental Health, Kate Roscher
International Political Economy Theses
Market-based approaches to development can increase the prevalence of common mental disorders around the world. Since the 1980s, the Global North has pursued neoliberal policies and has encouraged countries in the Global South to do the same. And, while these policies focused on the liberalization of markets have led to significant economic growth, they have also challenged people’s emotional well-being. Proponents of neoliberalism, or a market-based approach, are willing to make sacrifices in order to benefit from the potential efficiency of unregulated capitalism. Negative trade-offs associated with neoliberalism include: (1) increased precarity in society, (2) the prevalence of neoliberal discourse …