Development Aid―Populism and the End of the Neoliberal Agenda (SpringerBriefs in Philosophy)

This volume examines the impact of the Trump presidency on development aid. It starts out by describing the rise of national populism, the political landscape and the reasons for rejection of the political establishment, both under Trump and internationally. Next, it gives a historical-political overview of development aid in the post WW-II era and discusses the dominant Washington Consensus doctrine and its failure. It then provides a critique of the Official Development Assistance (ODA) discourse and reviews the political economy of ODA, the discourse, and the conditionalities that are barriers to socio-economic development. The final chapters explore the question of Trumponomics as an alternative to the global neoliberal ODA, and the potential impact of Trumponomics{u2019} on ODA. The book concludes with thoughts on the potential future directions for ODA within the {u2018}ideals{u2019} of Trumponomics and national populism Preface 6 Conceptualising and Defining Development Aid 7 Setting the Scene 8 Book Focus 8 Content and Structure 9 References 10 Contents 11 About the Author 13 Abbreviations 14 1 The Rise of Populism 16 Abstract 16 Introduction 16 Understanding the Contemporary Political Landscape 21 The Trump Phenomenon 22 Trump’s Populism 23 Trump, Foreign Policy and Development Aid 24 Trump, Sanders and Economic Populism 24 From ‘End of History’ to ‘Post-end of History’ 25 The Rejection of the Political Establishment 27 Conclusion 29 References 30 2 Development Aid—An Historic-Political Overview 34 Abstract 34 Introduction 34 The Bretton Woods Agreement and the Truman Era 36 The Bretton Woods Agreement 36 The Marshall Plan 37 The Truman Doctrine 38 The Truman Point Four Programme 39 The Washington Consensus Epoch as a Neoliberal Manifesto 40 The Failure of the Washington Consensus and the Rise of the Post-Washington Consensus 42 Economic Globalisation as a Development Aid Cornerstone 44 Conclusion 46 References 47 3 A Critique of the Development Aid Discourse 52 Abstract 52 Introduction 52 The Development Aid Discourse 53 A Critical Review of the Development Aid Discourse 54 Conditionalities as Barriers to Socio-economic Development 58 The Political Economy—Bringing Politics Back into Development Aid Economics 61 Recasting Development Aid—An Inference 63 References 63 4 Trumponomics 68 Abstract 68 Introduction 68 Towards a Theoretical Framework of Trumponomics 70 Populism Restated Within a Theoretical Framework 72 Towards a Conceptual Framework of Trumponomics 72 Trumponomics: Philosophical Perspectives 73 Trumponomics: Political Perspectives 75 Trumponomics: Economic Perspectives 75 The Mercantilist Turn of Trumponomics 76 Dismantling the Neoliberal Manifesto of the Washington Consensus 78 Concluding Thoughts 79 References 80 5 The Potential Impact of Trumponomics on Development Aid 84 Abstract 84 Introduction 84 Megatrend: Transition from Globalisation to De-globalisation 86 Megatrend: From Neoliberal Aid-for-Trade to Mercantilist Trade-not-Aid 88 Scenario: Trumponomics and the Development Aid Diplomacy 90 Scenario: Trumponomics, the Beijing Consensus and the Future of Development Aid 93 Conclusion 96 References 98 Annotation This volume examines the impact of the Trump presidency on development aid. It starts out by describing the rise of national populism, the political landscape and the reasons for rejection of the political establishment, both under Trump and internationally. Next, it gives a historical-political overview of development aid in the post WW-II era and discusses the dominant Washington Consensus doctrine and its failure. It then provides a critique of the Official Development Assistance (ODA) discourse and reviews the political economy of ODA, the discourse, and the conditionalities that are barriers to socio-economic development. The final chapters explore the question of Trumponomics as an alternative to the global neoliberal ODA, and the potential impact of Trumponomics' on ODA. The book concludes with thoughts on the potential future directions for ODA within the 'ideals' of Trumponomics and national populism Front Matter ....Pages i-xvi The Rise of Populism (Viktor Jakupec)....Pages 1-18 Development Aid—An Historic-Political Overview (Viktor Jakupec)....Pages 19-36 A Critique of the Development Aid Discourse (Viktor Jakupec)....Pages 37-52 Trumponomics (Viktor Jakupec)....Pages 53-68 The Potential Impact of Trumponomics on Development Aid (Viktor Jakupec)....Pages 69-85