The Political Economy of Neo-modernisation
Is there a limit to technological advancements? Are technological advancements creating a more equal and fair world? Starting from influential thinkers driving a never-ending evaluation of development discourse – incorporating theories of modernisation, endogenous growth, globalisation, neoliberalism and several others – Seung-Jin Baek answers these questions and sets out practical steps to create societies that are more equal in the Fourth Industrial Revolution.
This book explores why Western-centred development strategies are unlikely to bring about similar developmental paths and outcomes in developing economies. By theoretically and empirically assessing the Technology-Development-Inequality nexus, Baek explores why a distorted developmental path has been observed in recent years, with high income countries being associated with rising inequality.
This is important reading for all those seeking to understand international development in a twenty-first century context.
Seung-Jin Baek is a South Korean Economist, working at various United Nations Economic and Social Commissions. His research focus lies at the nexus of multidimensional inequality and sustainable transformation and is broadly applicable, most notably to the fields of development policy and political economy.
