The Political Economy of Global Manufacturing, Business and Finance

This book is written as a tribute to Frederick Nixson’s extensive work on industrial development in the Global South, while seeking to actively engage with the latest arguments concerning development economics, together with changes in manufacturing and industrial policy that continue to shape the role of the Global South in the international economy, the impact of the increased concentration of global multinational corporations in that space, along with the rise of new financing tools and debt traps. The chapters pay homage to Fred’s broad view of the international development process and reflect his breadth of perception both theoretically and geographically. The book targets both the scholarly and policymaking audience.

The Political Economy of Global Manufacturing, Business and Finance. Chapter 1. Development Economics, and the Political Economy of International Development.-  Chapter 2 – The Future, Development Economics and Global Policy Actions.- Chapter 3. Gender Equality and Inclusive Growth.- Manufacturing Industry and International Development. Chapter 4. The future of manufacturing industry and its implications for developing countries.- Chapter 5. Lights-out Manufacturing and Foreign Direct Investment Decline: Human Resource Based Avenues for Technological Diffusion in Developing Countries.- Chapter 6. National Cars and Product Champions: ways forward for Vietnam’s automotive industry?.- Chapter 7. Manufacturing Development in Bangladesh and Ghana: A Comparative Review of Growth Strategies.- MNCs and International Development. Chapter 8. Transnational Corporations and Globalisation: the development of development?.- Chapter 9. Knowledge Relevance and Emerging Country Multinational’sKnowledge Transfer Advantage.- Chapter 10. Supply Chains and Development: Does Vietnam have to worry about the middle-income trap?.- Finance and International Development. Chapter 11. Financing development through PPPs: What does this mean for inequalities.- Chapter 12. Recent Developments with Personal Remittances to LDCs in the context of Global Crises.- Chapter 13. Shifting Landscapes in Development Finance: The Cautionary Tale of a New Debt Trap.- Chapter 14. Overview and Concluding Remarks.

Michael Tribe is a Business School Affiliate, Department of Economics, Adam Smith Business School, University of Glasgow, United Kingdom.

George Kararach is a Lead Economist with the African Development Bank Group and Visiting Professor, Wits School of Governance, University of the Witwatersrand, South Africa.