TY - CHAP
T1 - The Western Way of Development
T2 - A Critical Review
AU - Alden, Chris
AU - Large, Daniel
AU - Mendez, Alvaro
N1 - Publisher Copyright:
© 2020, The Author(s).
PY - 2020
Y1 - 2020
N2 - With the rise of the emerging powers of the South as providers of and participants in development assistance, the landscape of what is conventionally understood to be development is changing. The dominant Western paradigm arose in the context of late colonialism and the Cold War, and reached its zenith with the triumphalism of the neo-liberal consensus. Now, however, the Western way is confronted with challenges on multiple fronts. South-South cooperation, ranging from technical assistance and knowledge exchange to more commercial practices like “tied aid”, offers a vision of development based on the recognized success and experiences of countries like China (Fornes & Mendez, 2018). Coupled to this vision are new institutional sources of development finance like the New Development Bank (NDB) and the Asian Infrastructure Investment Bank (AIIB), which are to provide alternatives to established Western-dominated sources (Reisen, 2015).
AB - With the rise of the emerging powers of the South as providers of and participants in development assistance, the landscape of what is conventionally understood to be development is changing. The dominant Western paradigm arose in the context of late colonialism and the Cold War, and reached its zenith with the triumphalism of the neo-liberal consensus. Now, however, the Western way is confronted with challenges on multiple fronts. South-South cooperation, ranging from technical assistance and knowledge exchange to more commercial practices like “tied aid”, offers a vision of development based on the recognized success and experiences of countries like China (Fornes & Mendez, 2018). Coupled to this vision are new institutional sources of development finance like the New Development Bank (NDB) and the Asian Infrastructure Investment Bank (AIIB), which are to provide alternatives to established Western-dominated sources (Reisen, 2015).
UR - http://www.scopus.com/inward/record.url?scp=85081208262&partnerID=8YFLogxK
U2 - 10.1007/978-981-13-7232-2_2
DO - 10.1007/978-981-13-7232-2_2
M3 - Chapter
AN - SCOPUS:85081208262
T3 - Governing China in the 21st Century
SP - 19
EP - 38
BT - Governing China in the 21st Century
PB - Palgrave Macmillan
ER -