Interdependence, Disequilibrium and Growth: Reflections on the Political Economy of North-South Relations at the Turn of the Century

by John Loxley

This book examines the impact of globalization on different countries and regions. Changing patterns of trade, industrialization, debt, aid and other financial flows are analyzed as is the debate about structural adjustment programs. Four recent developments likely to have major implications for North-South relations are identified; efforts to reduce to US deficit; the emergence of regional trading blocs; the implementation of the Uruguay Round of GATT and the collapse of the Soviet Union. Finally, the likely impact on North-South relation of pursuing alternative paradigms to economic growth is examined.

197 pages, Hardcover

First published June 15, 1998

About the author

John Loxley is Professor and former head of the Department of Economics at the University of Manitoba in Winnipeg. He specializes in international finance, international development and community economic development, in particular alternatives to orthodox economic theory and policy. His distinguished career includes stints at Makerere University and the University of Dar es Salaam in Tanzania, as well as service to the governments of Tanzania, Uganda, Madagascar, Mozambique, and Manitoba as economic advisor.