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a society Political economy analysis offers no quick fixes but leads to smarter engagement Define:Political Economy Economics—the social science that deals with the production, distribution, and consumption of material wealth and with the theory and management of economic systems or economies 1— was once called political economy 2
The ‘‘new political economy’’ is not, however, just a resurrection of an earlier approach to economics Though characterized by a strong interest in the question of how politics affects economic outcomes, the new political economy is de?ned more by its way of approaching this question
examines the social and economic structures of it This chapter discusses one element of this literature on oil dependency by assessing the extent to which petroleum dependency has shaped the new state of Timor-Leste into a rentier state and affected its political economy dynamics This chapter combines academic literature on rentier
This course examines the political economy of development, comparing how societies pursue development over time and across space We will conceptualize development broadly as an ongoing objective that concerns societies and communities around the world, not simply in impoverished regions of Africa, Asia, Latin America and the Middle East
to any market (‚capitalist™) economy This political-economic system, in place for over two generations, profoundly altered the nature of economic (and social) development in the Soviet Union The structure of capital, labor, and production, the location of economic activity, the nature and structure of economic interaction, the nature and