The International Papers in Political Economy (IPPE) series explores the latest developments in political economy. This twelfth volume presents a collection of eight papers, analysing the emergence and economic problems of the emerging economies during and after the international financial crisis of 2007¿8 and the subsequent Great Recession.The contributions range from an analysis of the international financial crisis of 2007¿8 in general terms to an analysis of the same but concentrating on the emerging economies, before turning to groups of economies, Arab, African and Eastern European countries, and two relevant but individual countries, namely China and Turkey.This book offers students, scholars, researchers and policy-makers detailed analysis and informed commentary on the origins of the international financial crisis of 2007¿8 and the great recession by focusing on its effect on emerging countries.

Table of ContentsList of FiguresList of TablesPrefaceNotes on Contributors1. Main and Contributory Causes of the Recent Financial Crisis and Economic Policy Implications; Philip Arestis2. The Emerging Market Economies and the Great Recession; Ahmad Seyf3. Africa and the Great Recession: The Dynamics of Growth Sustainability; Howard Stein4. Arab Countries in Transition in the Aftermath of the Great Recession: The Policy Options; Yiannis Kitromilides5. The Impact of the Great Recession and Policy Responses in Latin America: Was This Time Different?; Luiz Fernando de Paula and Fernando Ferrari Filho6. An Eastern European Perspective on the Recent Financial Crisis and an Examination of Poland's Exceptionalism; Nigel F. B. Allington and John S. L. McCombie7. China Confronts the Great Recession: 'Rebalancing' Neoliberalism, or Else?; Dic Lo 8. The Political Economy of Inequality and Boom-Bust Cycles in Turkey: Before and After the Great Recession; ?zlem Onaran and Cem OyvatIndex?