Global polycrisis refers to the simultaneous occurrence of multiple interconnected crises. It is marked by the convergence and interaction of combined events, such as geopolitical tensions, economic instability, environmental degradation, public health emergencies, and social disturbance. In this context, this book explores the challenges and opportunities encountered by the Global South amid political instability, climate change, humanitarian crises, technological advancements, and regional cooperation. The book adopts a multidisciplinary framework, integrating theoretical studies with empirical cases from various southern regions in Africa, Asia, and Latin America. This approach helps to foster an in-depth understanding of the complex challenges associated with development in these regions. The book emphasizes the perspectives and experiences of Global South countries, providing a platform for their voices to be heard. This allows readers to gain a more nuanced understanding of the unique contexts, perspectives, and successful experiences of countries in Africa, Asia, and Latin America. Furthermore, it investigates issues such as governance, security, migration, development, and emergent technologies, illuminates the role of regional organizations in fostering regional integration, peace, and stability and ultimately, provides a comprehensive and refined analysis of the Global South that challenges prevalent stereotypes and offers new perspectives on the world’s complex realities today. It includes case studies that enhance the practical relevance of the book, offering real-world examples that illustrate the theoretical concepts and highlightingsuccessful approaches to addressing development challenges. The book will appeal to scholars, researchers, and students interested in comprehending and addressing the challenges encountered by the Global South in a time of global polycrisis.

The struggle for world leadership between China and the United States, resulting in Russia's war with Ukraine, among other things, underscores the reality of structural changes in the global economy and the global system. This book explains that a new era of egocentrism and polycrisis in a multipolar system has emerged in international economic policy, with a strong drive toward interventionism and protectionism of national economies. Dynamic economic imbalances are becoming a constant factor in disrupting international competitiveness and forcing changes in both monetary policy and general economic policy. This prompts a new, more pragmatic definition of fundamental concepts in the theoretical sphere as well as an up-to-date and viable cause-and-effect narrative that is not disconnected from decision-making processes in the economic and political spheres. This book provides a comprehensive diagnosis of the current global economy landscape and evaluates the processes affecting the economic and financial realities and the effectiveness of economic policies. The recent dynamics have rendered much of the existing literature outdated or confined to individual economies, economic systems, and regions. The book describes the evolution of international economic policy, offering a comparative analysis of foreign trade theories, especially in the context of macroeconomic trends and the impact of international trade in goods and services in the new balance of power of the global economy. Targeted primarily at academics, students, and researchers in economics, finance, international relations, and management, it will also serve as a valuable resource for policymakers shaping and implementing contemporary state economic policies.

This book endeavours to outline case studies that promote sustainable Local Economic Development (LED) initiatives. It is generally believed that local governments are the foot soldiers of LED. However, this seems to be a myth, as local governments in South Africa and elsewhere have not yet fulfilled this mandate and have been struggling for several years to implement LED initiatives. The distinctive merit of this book lies in the way it combines the South African context with the wider international development context in ways that there is a flow of information and ideas both ways. The book is an essential part of this sequence of ideas development and action at a critical time for strategic action directed at a sustainable future. It showcases case studies and responses to the impacts of globalisation as a bridge between urban/rural and institutional action and reveals avenues for local government leadership in communities, research, student engagement and wider interactions.

This open access book presents contributions to decolonize development studies. It seeks to promote and sustain new forms of solidarity and conviviality that work towards achieving social justice.Recognising global poverty and inequalities as historic injustices, the book addresses how these can be challenged through teaching, research, and engagement in policy and practice, and the sorts of political barriers these might encounter. From a variety of perspectives and contexts, these chapters examine how decoloniality and solidarity can be developed, offering in-depth historical, theoretical, epistemological, and empirical analyses.

This book investigates the geopoliticisation of foreign aid in recent years, against a background of global overarching crises such as climate change, conflict, Covid-19, economic crisis, energy shortages and migration. Foreign aid has historically been understood as assisting both with the development objectives of the recipients and with the trade and geopolitical interests of the donors. In the first decades of the 21st century, however, this balance has been shifted by a series of complex global challenges. This book argues that donors have now moved towards framing aid as a geopolitical instrument, wherein aid can be given or withheld based on power or political intent, thus imposing the donor’s specific values and norms. This book provides an in-depth analysis of this weaponisation of foreign aid within a framework of global disruption and ultimately concludes that the world is at a tipping point towards a new socio-political world order. Asking important questions about the power dynamics at play within the aid sector, this book will be an important read for researchers across development studies, political science, international relations and global affairs.

This Elgar Companion comprises theoretical, empirical, and conceptual chapters from leading international scholars reflecting on critical debates on the role of tourism in progressing the Sustainable Development Goals (SDGs) during a polycrisis era.

Buy now to get the main key ideas from Yanis Varoufakis’s Technofeudalism In Technofeudalism (2024), Greek economist and politician Yanis Varoufakis argues that capitalism has been replaced by a new, more exploitative system. In this new era, workers are subject to intense surveillance and control by algorithms. Power and wealth are concentrated in the hands of a few Big Tech giants, leading to a technologically advanced form of feudalism. Varoufakis explains the profound implications of this system for society as a whole and outlines how we can reclaim power from this new ruling class.

"Stellenbosch faces the same challenges that most South African urban areas face: rapid urbanisation, sluggish economic growth, growing inequalities, unsustainable use of natural resources, deteriorating biodiversity, social problems, unhealthy living, insecure supplies of healthy food, degrading soils, infrastructure backlogs and inadequate urban planning. At the same time, Stellenbosch has tremendous potential. It brings together in one beautiful place extra-ordinary intellectual capacity, social diversity, financial resources, creative potential, high value eco-systems, spiritual energy and some of South Africa's most vibrant grassroots social movements in its poorest areas. The brief given to the writers was to examine the current challenges and discuss what needs to change in the way we think about these challenges to ensure more positive and sustainable long-term outcomes. This is, therefore, a contribution that aims to further open up and widen recent dialogues about the future that Stellenbosch deserves"--Back cover.

South Africa is facing an extraordinary ‘polycrisis’. The dimensions of this crisis include an energy collapse; a failing rail network; weak education outcomes; an interrupted water supply; and the effects of decades of endemic corruption that have brought much of government to a halt. But the country also has incredible assets: a wealth of sought-after minerals; an enviable Constitution that protects rights and advocates social inclusion; an advanced financial and services sector; thriving agricultural and auto industries that compete with the best in the world; a prosecution service that is rapidly rebuilding; and, most of all, strong-willed people determined to make life better through hard work, entrepreneurship and hustling. The choice is stark: we either build on the positives and take the country forward or we will be overwhelmed by the negatives and end up as another Zimbabwe or Venezuela. We have the people, the policies and the resources. What is missing is the political will to make the difficult choices that will save South Africa from disaster. This book takes you on a journey that ends with one of three possible future scenarios: the Good, the Bad or the Ugly. Compiled by The Brenthurst Foundation and In Transformation Initiative, and workshopped with high-powered leaders in business and politics, the scenarios have stimulated intense public interest as the country grapples with its mounting problems. The good news is that there is a clear road towards a positive future. It will take courageous leadership and smart thinking to get there, but the ‘Good’ scenario is tantalisingly within grasp.