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Hierarchies of a Global Market: The South and the Economic Crisis

Studies in Political Economy

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Title Hierarchies of a Global Market: The South and the Economic Crisis
 
Creator Hanieh, Adam
 
Subject

 
Description The forum article by Adam Hanieh considers the impact of the crisis on the global South. Noting that most commentators have focused on the advanced capitalist core, Hanieh asks us to recall that, historically, crises in the core have been displaced to the periphery. Since the 1980s, the world market has evolved into a hierarchically layered global system into which countries of the Global South are linked through their role as low-wage manufacturing zones, suppliers of migrant labour, exporters of raw commodities, or a combination of the three. Historicizing the global economic system helps us to understand the implications of the crisis for states in the South.
 
Publisher Studies in Political Economy
 
Contributor
 
Date 2009-05-25
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion


 
Format application/pdf
 
Identifier http://spe.library.utoronto.ca/index.php/spe/article/view/6079
 
Source Studies in Political Economy; Vol 83 (2009): Finance and Democracy
1918-7033
0707-8552
 
Language eng
 
Relation http://spe.library.utoronto.ca/index.php/spe/article/view/6079/3069
 
Coverage