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Jessica Gordon Nembhard is Assistant Professor and Economist, African American Studies Department, and co-founder of the Democracy Collaborative at the University of Maryland, College Park. Her work on the history of black cooperatives is well known in progressive circles.

Ngina Chiteji is Associate Professor of Economics, Skidmore College. She was a Visiting Assistant Research Scholar at The Democracy Collaborative, University of Maryland, College Park.

Bearing on fundamental issues of economic theory, history, and public policy, this volume elaborates and goes beyond themes enunciated in W. W. Rostow's previous works. The eight essays presented here are unified by the author's insistence that neo-Keynesian and neoclassical theory are an inadequate basis for economic analysis and policy prescription. Changes in technology and in the supply of energy, food, and raw materials, he contends, must be taken into account. The scale and character of the investments required to respond to these changes link his analysis back to conventional income analysis. Rostow outlines in several contexts the framework for a general, disaggregated theory of production and prices that meets this criterion.

The theoretical and historical essays include a review and unification of various long-cycle theories; a formal mathematical model of the Kondratieff cycle; a review of theories relating technology and the price system, including Rostow's own formulation of the appropriate linkage; a lengthy analysis of the pre-1914 relation between money and prices, including a detailed critique of modern monetarist interpretations; and an analysis of the proposition that economic growth assumes an S-shaped path of acceleration and deceleration.

The policy essays include an examination of the links between energy-related investment, full employment, and patterns of regional development in the United States; the discussion of an appropriate framework and procedure for North-South international economic negotiations; and the text of a 1965 talk on inflation that touches on the relations among economics, economists, and the performance of societies as a whole.

In Wild Tides, Patrick Brodie maps the shifting fortunes of the Irish economy before the 2008 financial crisis up to 2020, outlining how the Irish state moved from rampant and irresponsible financialized development to incentivizing private media infrastructure and policy as instruments for economic recovery. Brodie contends that, while the Irish state’s investment in creative and technological sectors of media was supposed to bring resources back into the country and stabilize the economy, it instead rendered the country even more vulnerable to future instability and transferred wealth into the hands of multinational corporations. Through ethnographic work and close engagement with the Irish state’s policy and planning across a number of key media infrastructure sites, Brodie unfolds the very real environmental and social impacts of Ireland’s naturalized model of financialized, foreign direct investment-led infrastructural development. Richly researched and comprehensively argued, Wild Tides reveals the multifarious, unexpected ways that financialization reaches into the daily life of a nation.

Do the structures of the world economy invariably work against the interests of the Third World? What is the impact of industrialisation? How does it affect people and their livelihoods, gender relations, the environment, movements for social justice and democracy?

World Development offers answers to these questions. A comprehensive introductory guide for students, teachers, volunteers and NGO workers in development, World Development examines the substantive issues surrounding development, industrialisation and globalization and places them within a historic context. It outlines the historical development of the world economy and assesses the current prospects for developing countries. The book contains in-depth analyses of how particular industries operate at local and global levels, drawing from case studies on textiles, tourism and copper. There are also case studies of specific countries, including South Korea, Cyprus, Mexico, China and Spain.