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Survival in the 1990s: Rethinking the Political Economy of Foreign Policy in Africa, Asia, the Caribbean and Latin America

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The South at the End of the Twentieth Century

Part of the book series: International Political Economy Series ((IPES))

Abstract

Recent changes in the global political economy pose major challenges to the peoples of the South as state-makers and individuals alike seek to (re)define and secure their positions in the new international divisions of labour and power (NIDL/P). If the terms ‘Third World’ and/or ‘South’ were seen as overly simplified in the past, the end of the Cold War and the emergence of post-industrial processes of global production have now rendered these terms even more problematic.

[T]he world in the early 1990s looks different than it did a decade before, yet there are differences of opinion about which trends are worthy of note. We have chosen to focus on five trends… as the core of the new international context of development. These include: the end of the Cold War; shifting relations among the capitalist powers; changing patterns of trade and production; declining availability of development finance; and new ideological currents. Stallings, 1993, p. 2.

[N]o matter how important these concepts of new international division of labour and newly industrialising countries are, they do not include in their analysis of international stratification non-material aspects…. [B]oth material and non-material criteria of international stratification have to be taken into consideration in order to embrace the different facets of diversity existing within the Third World. Korany, 1986, pp. 90-1.

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Authors
  1. Timothy M. Shaw
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  2. Larry A. Swatuk
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© 1994 Larry A. Swatuk and Timothy M. Shaw

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Shaw, T.M., Swatuk, L.A. (1994). Survival in the 1990s: Rethinking the Political Economy of Foreign Policy in Africa, Asia, the Caribbean and Latin America. In: The South at the End of the Twentieth Century. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-23515-5_15

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