New Book: THE POLITICAL ECONOMY OF EMERGING MARKETS
By Richard Westra
The Political Economy of Emerging Markets situates the BRICS phenomena
in the global economic context of advanced economies continuing to languish in
recession and hovering over a deflationary abyss several years after the meltdown.
A key question this volume seeks to answer is whether the BRICS and so-called
“emerging market” phenomenon is really the new miracle it is presented as,
offering new or modified varieties of reloaded capitalist development to the world,
or yet another mirage. Written by 10 leading global experts, this book answers
the tough questions over BRICS and emerging markets potentially realizing new
varieties of reloaded capitalism. It is not only international and interdisciplinary
but uniquely multiperspectival. Theories framing chapters are not of one genre,
but generate theoretical debate at the frontier of knowledge in political economy
along with nuanced empirical analysis which flows from it.
Richard Westra is Designated Professor in the Graduate School of Law, Nagoya
University, Japan. He is author or editor of 14 books. His work has been published
in numerous international peer reviewed journals.
