The Political Economy of Emerging Markets: Varieties of BRICS in the Age of Global Crises and Austerity - Routledge Frontiers of Political Economy -  - Books - Taylor & Francis Ltd - 9781138121225 - March 14, 2017
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The Political Economy of Emerging Markets: Varieties of BRICS in the Age of Global Crises and Austerity - Routledge Frontiers of Political Economy 1st edition

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Rapid and sustained growth in the twenty-first-century global economy of large developing economies including Brazil, Russia, India, China, and South Africa, has captivated policy-makers and popular business press pundits alike. The coining of the new acronym BRICS and widespread adoption in international economics discourse of the designation "emerging markets" is symptomatic of that interest.

The Political Economy of Emerging Markets situates the BRICS phenomena in the global economic context of advanced economies continuing to languish in recession and hovering over a deflationary abyss several years after the meltdown. A key question this volume seeks to answer is whether the BRICS and so-called "emerging market" phenomenon is really the new miracle it is presented as, offering new or modified varieties of reloaded capitalist development to the world, or yet another mirage. Written by ten leading global experts, this book answers the tough questions over BRICS and emerging markets potentially realizing new varieties of reloaded capitalism. It is not only international and interdisciplinary but uniquely multiperspectival. Theories framing chapters are not of one genre, but generate theoretical debate at the frontier of knowledge in political economy along with nuanced empirical analysis which flows from it.

This book is of great importance to those who study political economy, development economics and international political economy.


224 pages, 19 Line drawings, black and white; 1 Halftones, black and white; 9 Tables, black and whit

Media Books     Hardcover Book   (Book with hard spine and cover)
Released March 14, 2017
ISBN13 9781138121225
Publishers Taylor & Francis Ltd
Pages 224
Dimensions 241 × 166 × 19 mm   ·   502 g
Language English  
Editor Westra, Richard (Nagoya University, Japan)

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