The hidden face of endogenous growth theory: Analytical and ideological perspectives in the era of neoliberal globalization

Article Abstract:

A study reveals that in neoclassical thought, presently hegemonic in political economics, the success of what is known as the new growth theory, or endogenous growth theory, is absolutely extraordinary for more than a decade. This representation, used to endogenize technical progress and to determine long-run growth rates, resisted changes in fashion to such an extent that it has at present achieved a dominant, if not exclusive, position in macrodynamic modernization.

Analysis, Externalities (Economics), Public goods, Liberalism

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Neoliberal global remedies: From speculative-led growth to IMF-led crisis in Turkey

Article Abstract:

Turkey experienced a severe economic and political crisis in November 2000, and again in February 2001 and the International Monetary Fund is involved with the macro management of the Turkish economy both prior to and after the crisis. Neoliberal thought dictates that to take advantage of the benefits of globalization national central banks with autonomous monetary, interest, and exchange rate policies should not be a hindrance to international capital flows.

Turkey, International Monetary Fund, Economic aspects, Political aspects

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The struggle for political economy at the University of Sydney

Article Abstract:

The long struggle to establish political economy courses at the University of Sydney, which began sometime in 1975 as student-staff movement challenging the dominance of neoclassical economics in the undergraduate curriculum, is presented. The struggle for political economy played an important role in the broader Australian society, for the critique of neoliberal economic ideologies and practices that were dominant in the past couple of decades.

Australia, Economics, Research and Development in the Social Sciences and Humanities, Study and teaching, University of Sydney, Curriculum evaluation

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