Foreign aid in the age of populism : political economy analysis from Washington to Beijing / edited by Viktor Jakupec and Max Kelly.

Cover; Half Title; Series Page; Title Page; Copyright Page; Table of Contents; About the authors; Abbreviations; 1. Introduction; Preamble; Political economy analysis at the crossroads of illiberalism and populism; The structure of the book; Note; References; 2. Political Economy Analysis: A distorted view of reality; Introduction; Delineating Political Economy Analysis; Aid, economic growth and development; A paradigm shift; Applying a paradigm shift to PEA; From paradigm shift to international political economy: a rationale for a political economy analysis theoretical framework; Conclusion

Populism as a conceptual narrativeConstituents of populism: mercantilism and protectionism; Defining the demand side theories of populism; The rise of populism; Populism: the beginning of a new era; Populism and its impact on foreign aid; Populism and its impact on multilateral development banks; Conclusion; References; 6. The challenge of illiberal democracy; Introduction; Democracy, liberalism and illiberalism; The failure of liberal democracy and the rise of illiberal democracy; Illiberal democracy and dominant development theory; Illiberal democracy and the Beijing Consensus

Illiberal democracy and foreign aid: towards a new conceptual frameworkImpact of illiberal democracy on foreign aid; Conclusion; References; 7. De-globalisation: Challenging the foreign aid agenda; Introduction; The locus of de-globalisation; From neoliberal globalisation to de-globalisation; A critique of neoliberal globalisation; The ghost of inequality; Globalisation and populism: two 'unfinished' projects; Trump administration as a globalisation discontent; A political economy analysis vantage point; Conclusion; References

8. The Beijing Consensus: Challenging the dominant Washington ConsensusIntroduction; Positioning the Beijing Consensus: between the political and the value-laden parameters; The rise of the Beijing Consensus; Unpacking the Beijing Consensus; Contrasting the Washington and the Beijing Consensuses; Reconciling the Beijing and the Washington Consensuses; Beijing Consensus as developmentalism in an era of populism; Conclusion; References; 9. The politicisation of Political Economy Analysis; Introduction; The politicisation of foreign aid; The political locus classicus of PEA

Across the world the Western dominated international aid system is being challenged. The rise of right-wing populism, de-globalisation, the advance of illiberal democracy and the emergence of non-Western donors onto the international stage are cutting right to the heart of the entrenched neoliberal aid paradigm. Foreign Aid in the Age of Populism explores the impact of these challenges on development aid, arguing that there is a need to bring politics back into development aid; not just the politics of economics, but power relations internally in aid organisations, in recipient nations, and between donor and recipient. In particular, the book examines how aid agencies are using Political Economy Analysis (PEA) to inform their decision making and to push aid projects through, whilst failing to engage meaningfully with wider politics. The book provides an in-depth critical analysis of the Washington Consensus model of political economy analysis, contrasting it with the emerging Beijing Consensus, and suggesting that PEA has to be recast in order to accommodate new and emerging paradigms. A range of alternative theoretical frameworks are suggested, demonstrating how PEA could be used to provide a deeper and richer understanding of development aid interventions, and their impact and effectiveness. This book is perfect for students and researchers of development, global politics and international relations, as well as also being useful for practitioners and policy makers within government, development aid organisations, and global institutions.

OCLC-licensed vendor bibliographic record.