Financial Crisis and Developing Countries

Edited by Peter A.G. van Bergeijk, Professor of International Economics and Macroeconomics, International Institute of Social Studies, Erasmus University, The Hague, the Netherlands, Arjan de Haan, International Development Research Centre, Ottawa, Canada and Rolph van der Hoeven, Professor Emeritus of Employment and Development Economics, International Institute of Social Studies, Erasmus University, The Hague, the Netherlands

• Contents:Preface1. Introduction: Crisis? What Crisis? For Whom?Peter A.G. van Bergeijk, Arjan de Haan and Rolph van der HoevenPART I: THE CRISIS AND CONCEPTS OF DEVELOPMENT2. Re-orienting Development in Uncertain TimesJayati Ghosh3. How Have Poor Women and Men Experienced the Global Economic Crisis: What Have We Learned?Duncan Green and Richard King4. After the Gold Rush: Prospects for Africa, Economic Recovery andLong-term GrowthFantu Cheru5. A Historical Ethnography of Recessions: Crises in YogyakartaBen WhitePART II: HETERODOX (POLITICAL) ECONOMIC INTERPRETATIONS6. Chinese Savings Gluts or Northern Financialisation? The Ideological Expediency of Crisis NarrativesAndrew Martin Fischer7. Short- and Long-run Macroeconomic Effects of Keynesian Trade Policies in the Presence of Debt ServicingSyed Mansoob Murshed8. FDI Volatility and DevelopmentIrene van Staveren9. Financial Globalization, Current Crisis and Labour in DevelopingCountriesRolph van der HoevenPART III: REGIONAL AND COUNTRY EXPERIENCES10. Impact of the Global Crises (Financial, Economic and Food): The Case of Microfinance in Latin AmericaReynaldo Marconi and Harry Clemens11. Crisis, Employment and Poverty in the Middle East and North AfricaMahmood Messkoub12. Crisis and Exclusionary Growth in Europe’s ‘East’Max Spoor13. The Crisis in South Asia: From Jobless Growth to Jobless Slump?Karin Astrid Siegmann14. Diamonds are for Never: The Economic Crisis and the Diamond Polishing Industry in IndiaAstha Kapoor15. Defending Vulnerable Workers in South Africa after the Crisis: What Role for COSATU?Freek B. Schiphorst16. How China Managed the Impact of the Financial Crisis: Globalization and Public Policy Responses in an Emerging EconomyArjan de Haan and Sen Gong17. Thailand From Crisis to Crisis: Do We Ever Learn?Karel JansenPART IV: PREPARING FOR THE NEXT CRISIS?18. The Global Economic Crisis and the Future of GlobalizationRob VosReferencesIndex