Foreign Aid in the Age of Populism Political Economy Analysis from Washington to Beijing

Across the world the Western dominated international aid system is being challenged. The rise of right-wing populism, de-globalisation, the advance of illiberal democracy and the emergence of non-Western donors onto the international stageare cutting right to the heart of the entrenched neoliberal aid paradigm. Foreign Aid in the Age of Populism explores the impact of these challenges on development aid, arguing that there is a need to bring politics back into development aid; not just the politics of economics, but power relations internally in aid organisations, in recipient nations, and between donor and recipient. In particular, the book examines how aid agencies are using Political Economy Analysis (PEA)to inform their decision making and to push aid projects through, whilst failing to engage meaningfully with wider politics. The book provides an in-depth critical analysis of the Washington Consensus model of political economy analysis, contrasting it with the emerging Beijing Consensus, and suggesting thatPEA has to be recast in order to accommodate new and emerging paradigms. A range of alternative theoretical frameworks are suggested, demonstrating howPEA could be used to provide a deeper and richer understanding of development aid interventions, and their impact and effectiveness. This book is perfect for students and researchers of development, global politics and international relations, as well as also being useful for practitioners and policy makers within government, development aid organisations, and global institutions.

1. Introduction 2. Political Economy Analysis: A Distorted View of Reality 3. Political Economy Analysis: Deficiencies and Critiques 4.Unpacking Political Economy Analysis in a Foreign Aid Context 5.Populism: Challenging Socio-economic Orthodoxy 6.The Challenge of Illiberal Democracy 7. De-globalisation: Challenging the Foreign Aid Agenda 8. Beijing Consensus: Challenging the dominant Washington Consensus 9. Politicisation of Political Economy Analysis 10. [Re] Locating Political Economy Analysis: Theoretical Constructs and Practical Undertakings 11.Foreign aid: Political Economy Analysis at Crossroads

Viktor Jakupec is a Professor at Deakin University, Australia and the University of Potsdam, Germany. Max Kelly is a senior academic in International and Community Development at Deakin University, Australia.