Foreign Aid in the Age of Populism: Political Economy Analysis from Washington to Beijing

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
	References
3. Political Economy Analysis: Deficiencies and critiques
	Introduction
	A brief political background: foreign aid and Political Economy Analysis
	Definitional deficiencies of PEA
	Conceptual deficiencies of PEA
	PEA: the critics and the proponents
	Conclusion
	References
4. Unpacking political economy analysis in a foreign aid context
	Introduction
	Evolution of development alongside politics
	Evolution of politics in, or alongside, development
	Conclusion
	References
5. Populism: Challenging socio-economic orthodoxy
	Introduction
	Right-wing versus left-wing populism
	Populism as a conceptual narrative
	Constituents 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 framework
	Impact 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 Consensus
	Introduction
	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
	Problematising the politicisation of political economy analysis
	Political challenges: re-politicisation of PEA
	Power relations as the politicisation of PEA: the principal-agent theory
	A Trumpist political politicisation of PEA
	Conclusion
	References
10. (Re)locating Political Economy Analysis: Theoretical constructs and practical undertakings
	Introduction
	Theoretical frameworks for Political Economy Analysis
	Actor-oriented theoretical frameworks
	Structuralism as a theoretical framework
	Institutionalism
	Conclusion
	References
11. Foreign aid: Political Economy Analysis at the crossroads
	Introduction
	Political Economy Analysis: politics matter
	Relocating Political Economy Analysis
	From political theory to policy practice
	The demise of the neoliberal political economy analysis or mainstreaming political economy analysis in a new key?
	Conceptualising Political Economy Analysis in a ‘new key’
	Conclusion
	References
Index