Handbook on Critical Political Economy and Public Policy

Edited by Christoph Scherrer, Professor Emeritus of Globalization and Politics, University of Kassel and Associate Fellow, Global Labour University, Germany, Ana Garcia, Assistant Professor of International Relations, Institute of the Pontifical Catholic University of Rio de Janeiro and Professor, Graduate Program in Social Sciences, Federal Rural University of Rio de Janeiro, Brazil and Joscha Wullweber, Heisenberg Professor of Politics, Transformation and Sustainability, Department of Philosophy, Politics and Economics, Witten/Herdecke University, Germany

‘Critical political economy has done much to debunk mainstream myths surrounding the “efficiency” of the market, the neutrality of the international division of labour, the desirability of “liberalisation”, and the implication that there are no alternatives to neoliberalism. Those criticisms are explained clearly in this brilliant volume; but the authors also sketch the contours of democratic and socially responsible forms of production, exchange, and social organisation. This is an indispensible volume for students, scholars, and activists working on global development.’

• Contents:1 Introduction to the Handbook on Critical Political Economy and Public Policy 1Christoph Scherrer, Ana Garcia and Joscha WullweberPART I THEORIES OF POLITICAL ECONOMY WITH PUBLICPOLICY IMPLICATIONS2 Plurality of political economy approaches to the global division of labor 20Christoph Scherrer3 The cultural political economy approach to public policy 36Bob Jessop and Ngai-Ling Sum4 Institutionalist, regulationist and dependency approaches to transitioncountries’ economic policies 49Joachim Becker5 COVID-19 and the gender dilemma: blind spots in bothmacroeconomics and feminist economics 65Brigitte Young6 Ordoliberalism’s advice for economic policymaking 80Pavlos Roufos7 What is neoliberal about new public management? 95Sahil Jai Dutta, Samuel Knafo and Ian LoveringPART II METHODS8 Historical-materialist policy analysis of climate change policies 110Etienne Schneider, Alina Brad, Ulrich Brand, Mathias Krams and Valerie Lenikus9 Beyond methodological Fordism: the case for incorporated comparisons 127Alexander GallasPART III ENVIRONMENT10 Land grabbing, financialization and dispossession in the 21st century:new and old forms of land control in Latin America 144Karina Kato and Sergio Leite11 Extractive economies and public policies: critical perspectives fromLatin America 159Bruno Milanez and Ana Garcia12 Ecological perspectives on sustainability in China 176Lau Kin Chi13 Looking south: megaprojects, borders and (in)mobilities 186Ana Esther Ceceña and Sergio Prieto DíazPART IV FINANCE14 Challenges for monetary policies in the 21st century: financial crisesand shadow banking 204Joscha Wullweber15 Governance of the eurozone in the face of transnational crises dynamics 219Hans-Jürgen Bieling16 Chinese capitalism and the global economic order: the impact ofChina’s rise on global economic regulation 232Jenny Simon17 Taming dollarization hysteresis: evidence from post-socialist countries 247Ia EradzePART V LABOUR18 Global exploitation chains in agriculture 262Praveen Jha and Paris Yeros19 The development of labor policies in China: from passive revolution toeroding hegemony 279Elaine Sio-ieng Hui20 The political economy of minimum wage policies 293Hansjörg Herr21 Just transitions: a historical relations analysis 310Dimitris StevisPART VI TAXATION22 Critical political economy of taxation 327Hanna Lierse23 Global tax governance 341Matti Ylönen and Lauri Finér24 Globalization, international tax policy and the OECD 356Lyne LatulippePART VII TRADE AND ECONOMIC DEVELOPMENT25 Postcolonial critique of economic development 374Aram Ziai26 Economic cycles and rural policies in the People’s Republic of China 387Sit Tsui, Yan Xiaohui, He Zhixiong and Wen Tiejun27 Trade and investment agreements from a critical international politicaleconomy perspective 402Luciana Ghiotto28 South Africa’s failed privatization, commercialization and deregulationof network infrastructure 413Greg Ruiters and Patrick BondPART VIII WELFARE29 Care in global value chains 430Christa Wichterich30 The cultural political economy of housing policy in the era of theIslamist Justice and Development Party in Turkey 446Ismail Doga Karatepe31 The financialization of social policy: an overview 461Lena Lavinas, Lucas Bressan, Pedro Rubin and Ana Carolina Cordilha32 The political economy of global health and public policies 476Jameson Martins and Deisy de Freitas Lima VenturaIndex