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The political economy of late development[Politics and Political Economy SG] 
Tom Lavers (University of Manchester)
Pritish Behuria (University of Manchester)
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Politics and political economy
Palmer G.03
Wednesday 28 June, -, -
Time zone: Europe/London

Short Abstract:

This panel examines the contemporary political economy challenges of late development. It calls for papers that examine the domestic constraints of contemporary structural transformation strategies and also the vulnerabilities of following contemporary non-manufacturing-led development strategies.

Long Abstract:

Recent years have seen resurgent interest in the possibility of structural transformation in low-income countries, particularly in Africa, and the potential for industrial policy to bring this about. Many studies draw policy lessons from late developing countries in East Asia, which achieved remarkable successes in manufacturing. Yet less research has considered the political economy factors that might underpin state intervention in contemporary low-income countries. State-led development in East Asia was often the result of the threat or reality of external invasion and communist revolution, with authoritarian rulers pursing state building and rapid development to maintain national sovereignty and prevent mass unrest. Furthermore, aligned international powers provided relatively favourable access to external markets. The situation facing countries now tackling the challenge of structural transformation is very different: the global economy has been restructured into global value chains, which provide fewer opportunities for diversification and upgrading; in the absence of competitive domestic capitalists, industrialisation has been reliant on attracting foreign investment; politically, there is a reduced threat of external invasion and communist revolution; and international pressure to democratise introduces distinct electoral pressures.

This panel therefore seeks contributions that address the following and related questions:

• What political economy factors underpin elite commitment to structural transformation in contemporary developing countries?

• How does the global economy re-shape these political economy drivers of structural transformation?

• To what extent do industries like renewable technologies, services or agro-industry act as alternatives to manufacturing-led growth and what forms of politics might drive these alternate development paths?

Accepted papers:

Session 1 Wednesday 28 June, 2023, -
Session 2 Wednesday 28 June, 2023, -