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Development and Underdevelopment: The Political Economy of Global Inequality

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TLDR
The fifth edition of this classic reader retains many of the articles that have made the book a must-assign for classes on development and political economy, but has been updated with 14 new chapters that look even more deeply at long-term factors that help to explain the origins and current trends in the gap between rich and poor.
Abstract
The fifth edition of this classic reader retains many of the articles that have made the book a must-assign for classes on development and political economy, but has been updated with 14 new chapters that look even more deeply at long-term factors that help to explain the origins and current trends in the gap between rich and poor. An entirely new section focuses on natural resource and environmental issues, and the appendix of wealth and inequality indicators has been fully revised. The editors' short introduction to each selection, highlighting its significance, remains a key feature of the book.

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China and the Global Political Economy

Shaun Breslin
TL;DR: This article studied China in an era of globalization and found that the transition from socialism was an embedded Socialist Compromise, and that China's engagement with the global economy beyond bilateralism was re-engagement with the Global economy beyond Bilateralism.
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Regional inequalities, economic growth and liberalisation: A study of the Indian economy

TL;DR: The authors examined the pattern of regional inequalities in India during 1970-92 and found that interstate inequality is rising in India in almost every sphere of economic activity, particularly in the unorganised industry.
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Basic-needs to globalization: Are ICTs the missing link?

TL;DR: The authors argues that the current processes of globalization cannot on their own foster economic development because globalization is inherently dialectical and can create wealth for some countries while at the same time, it can impoverish others thus accentuating the marginalization of many countries.
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Political, Economic, and Social Consequences of Foreign Military Intervention:

TL;DR: The authors found that large scale foreign military interventions, which have over 1000 intervening troops, do not leave a significant imprint on governing institutions, economic growth rates, or physical quality of life in developing democracies.
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The Bottom Billion: Why the Poorest Countries are Falling and What Can Be Done About It

TL;DR: Collier and Collier as discussed by the authors used the bottom billion catchphrase for the one billion or so people who remeasily failed to reach the global average of 1.5 billion.