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Institutional Political Economy Of Economic Development And Global Governance

There are two inter-related themes of this thesis: Economic development and global governance. We develop a perspective of &ndash / what we call &ndash / &lsquo / Institutional International Political Economy&rsquo / (IIPE) in order to: i) assess the likelihood of developmental success on the part of the Third World countries in the twenty-first century, and ii) analyze the developmental and world-systemic implications of the so-called &lsquo / global governance model&rsquo / , which we conceptualize as an ultra-liberal capitalist project on the part of the &lsquo / commanding heights&rsquo / of the contemporary &lsquo / world-economy&rsquo / . Our IIPE-perspective relies on an &lsquo / institutionalist&rsquo / synthesis of the classic works of Karl Polanyi, Joseph Schumpeter and Fernand Braudel. In the light of this perspective, &lsquo / state-led development&rsquo / seems to be inconceivable in the face of &lsquo / governance&rsquo / , which is an attempt to disintegrate the &lsquo / institutional substance&rsquo / of the state-as-we-know-it into &lsquo / market-like processes&rsquo / . Nevertheless, &lsquo / governance&rsquo / is bound to become the victim of its own success insofar as it destroys the indispensable political institutions upon which capitalism has survived as a historical world-system in the past.

Identiferoai:union.ndltd.org:METU/oai:etd.lib.metu.edu.tr:http://etd.lib.metu.edu.tr/upload/12607360/index.pdf
Date01 July 2006
CreatorsOzcelik, Emre
ContributorsOzveren, Eyup
PublisherMETU
Source SetsMiddle East Technical Univ.
LanguageEnglish
Detected LanguageEnglish
TypePh.D. Thesis
Formattext/pdf
RightsTo liberate the content for public access

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