Political Economy Academic Area
By way of illustration, 2.1.1 suggests generic questions that a sector-stage political economy analysis may examine. Note that these questions replicate the actual interests of an aid donor in a given sector. Neo-Gramscian economists (e.g. Antonio Gramsci, Ernesto Laclau, Chantal Mouffe, Robert Cox) emphasize the political, cultural, and identitary features in the struggle for a dominant structure of manufacturing and sophistication relations (hegemony). Ideas and discourses alongside institutional and materials energy decide the existence of hegemony, which at all times stays contingent and is each historical and spatial.
This could be seen primarily in the North American Free Trade Agreement (NAFTA), the Southern Common Market (MERCOSUR), the Association of South East Asian Nations (ASEAN) and the Economic Community of West African States (ECOWAS). The evidence available up to now is inconclusive as as to whether regional organisations can act as the ultimate stepping-stone or, maybe, present a significant stumbling block … Read More