Prospects for a New Political Economy of Development in the Twenty-First Century

Abstract

ABSTRACT Development studies is evolving in parallel to profound changes in the global political economy, notably transformed state-economy/society relations, during this century's last decade. In particular, given the exponential costs of neoliberalism, a more modest state is making a comeback as civil society is becoming more established; and given global inequalities, various forms of corporatisms, if not anarchies, are making their returns. Development studies need to incorporate a growing range of “new” issues, especially redefinitions of “human security” and the profileration of “peacebuilding” operations and coalitions; and development perspectives and policies need to incorporate new forces, voices and approaches, if they are to remain relevant at the start of the new millennium.