Tag Archives: resource boom
Can a Fourth Victory for the Workers’ Party Secure Brazil’s State Capitalism?
Last Sunday, 26th October, Brazilians voted the incumbent Dilma Rousseff, securing the Workers’ Party (PT) its fourth electoral victory. In a very tight race with Aecio Neves of the Brazilian Social Democratic Party (PDSB), Rousseff won by a three per cent margin, indicating the fragility of her victory in what has been considered as one […]
One Hundred Years of Ineptitude
The Economist this week features Argentina’s so-called ‘one hundred years of ineptitude‘. It explains the rise and fall of Argentina from being one of the richest in the world in early twentieth century towards a country of uncertainty, poverty and inequality. During its liberal years between 1880s and 1920s, the country ranked among the ten richest […]
The resource boom: new developmental spaces or another race to the bottom?
Whilst uncertainty over economic recovery remains pervasive in Europe and the United States, in other parts of the world one can hardly speak of an economic crisis. From the ‘BRICS’ to ‘rising Africa’ and the revival of the G20, we cannot deny the newfound sense of optimism that has arisen in much of the developing […]