The political economy of extractivism: global perspectives on the seduction of rent

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Material type: Text

TextSeries: Global Challenges in Political EconomyPublication details: Routledge New York 2024Description: vi, 222 pISBN:

9781032300597

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DDC classification:

333.82 WAR

Summary: For many countries, primarily in the Global South, extractivism – the exploiting and exporting of natural resources – is big business. For those exporting countries, natural resource rents create hope and promise for development which can be a seductive force. This book explores the depth of extractivism in economies around the world. The contributions to this book investigate the connection between the political economy of extractivism and its impact on the sociopolitical fabric of natural resource exporting societies in Asia, Africa, Latin America, and Eastern Europe. The book engages with a comparative perspective on the persistence of extractivism in these four different world regions. The book focuses on the formative power of rents and argues that rents are seductive. The individual contributions flesh out this seductive force of rents on different political scales and how this seduction affects a variety of actors. The book investigates how these actors react to the prevalence of rent, how they align or break with specific political and economic strategies, and how myths of resource-driven development play out on the ground. The book, therefore, underlines that rent theory bridges current debates in different area communities and offers fresh insights into extractivist societies’ social, economic, and political dynamics. (https://www.routledge.com/The-Political-Economy-of-Extractivism-Global-Perspectives-on-the-Seduction-of-Rent/Warnecke-Berger-Ickler/p/book/9781032300597)

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Item type	Current library	Collection	Call number	Copy number	Status	Date due	Barcode
Book	Indian Institute of Management LRC General Stacks	Public Policy & General Management	333.82 WAR (Browse shelf(Opens below))	1	Available		008478

Table of contents:
Introduction: The Political Economy of Extractivism
Hannes Warnecke-Berger and Jan Ickler

Part 1: Global Configurations

Trade, Unequal Specialization, and the Persistence of Extractivism
Hannes Warnecke-Berger

Rent, Profit, Mass Consumption, or the Political Economy of Taming Rent
Hartmut Elsenhans
Part 2: Actors, Strategies, and the Politics of Rent

Uganda’s State Class and the Politics of Oil
Julian Friesinger

Extractivism and the Resurgence of the Agrarian Elite: The Case of Coal Mining in Cesar, Colombia
Kristina Dietz

The Patronal Politics of Regional Development Projects. Exploring Russia’s Far Eastern Rent Management
Sebastian Hoppe

Patronage Networks and the Hope for a Better Future: Coal Mining in Indonesia
Kristina Großmann
Part 3: Rent and Societies: Legacies, Trajectories, and Inertias

Analyzing Rentier Societies: The Case of Venezuela　
Stefan Peters

Wasn’t the AKP a Developmental Coalition? The Shifting Political Settlement of the AKP
Ludwig Hehl　

Resource Boom and Social Policy in Authoritarian Regimes: A Case Study of Russia
Heiko Pleines and Andreas Heinrich

Rents Hinder Capitalism: The Rentier Middle Classes in the Middle East
Rachid Ouaissa
Conclusion: Extractivism and the Seduction of Rent

Jan Ickler and Hannes Warnecke-Berger

[https://www.routledge.com/The-Political-Economy-of-Extractivism-Global-Perspectives-on-the-Seduction-of-Rent/Warnecke-Berger-Ickler/p/book/9781032300597]

For many countries, primarily in the Global South, extractivism – the exploiting and exporting of natural resources – is big business. For those exporting countries, natural resource rents create hope and promise for development which can be a seductive force. This book explores the depth of extractivism in economies around the world. The contributions to this book investigate the connection between the political economy of extractivism and its impact on the sociopolitical fabric of natural resource exporting societies in Asia, Africa, Latin America, and Eastern Europe.

The book engages with a comparative perspective on the persistence of extractivism in these four different world regions. The book focuses on the formative power of rents and argues that rents are seductive. The individual contributions flesh out this seductive force of rents on different political scales and how this seduction affects a variety of actors. The book investigates how these actors react to the prevalence of rent, how they align or break with specific political and economic strategies, and how myths of resource-driven development play out on the ground. The book, therefore, underlines that rent theory bridges current debates in different area communities and offers fresh insights into extractivist societies’ social, economic, and political dynamics.

(https://www.routledge.com/The-Political-Economy-of-Extractivism-Global-Perspectives-on-the-Seduction-of-Rent/Warnecke-Berger-Ickler/p/book/9781032300597)

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