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
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Creator |
Hanieh, Adam
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Subject |
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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.
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Publisher |
Studies in Political Economy
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Contributor |
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Date |
2009-05-25
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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Format |
application/pdf
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Identifier |
http://spe.library.utoronto.ca/index.php/spe/article/view/6079
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Source |
Studies in Political Economy; Vol 83 (2009): Finance and Democracy
1918-7033 0707-8552 |
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Language |
eng
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Relation |
http://spe.library.utoronto.ca/index.php/spe/article/view/6079/3069
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Coverage |
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