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The Argentine experiment of the 1990s attracted significant international attention as a model case of neo-liberal restructuring. The Turkish version of neo-liberalism had also been identified as a success case during its early stages in the mid-1980s. Subsequent crises in both countries,...
Persistent link: https://www.econbiz.de/10014102779
Liberal democracy is under challenge on a global scale. The global financial crisis has accelerated and aggravated the crisis of liberal democracy in the global North. The paper examines the prospects for liberal democracy in the global South and argues that the prospects are mixed. The rise of...
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This article outlines the main elements of rupture and continuity in the global political economy since the global economic crisis of 2008-2009. While the current calamity poses a more systemic challenge to neoliberal globalization than genetically similar turbulences in the semi-periphery...
Persistent link: https://www.econbiz.de/10013138216
The rise of BRICs presents a major challenge to the existing global order. A second category of emerging powers, which may be labeled near-BRICs have also displayed increasing pro-activism in recent years in terms of influencing the regional balance of power politics, in addition to their...
Persistent link: https://www.econbiz.de/10013082371
This paper highlights the weakening of the EU's transformative capacity in the broader European periphery in a rapidly shifting global order with reference to Hungary and Turkey. Although Hungary is an “insider” and Turkey a relative “outsider” in the context of the EU, their recent...
Persistent link: https://www.econbiz.de/10012993815