Building a New Development Theory from the Global South
This issue of the international edition of Wenhua Zongheng (文化纵横) examines how the Global South can build a New Development Theory grounded in its own practice. The articles explore the failures of neoliberalism, China’s role in electrification and industrial cooperation in the Global South, and intellectual debates in Southern economic thought.
In this Issue
Editorial
The Praxis of Development in the Global South
As neoliberalism loses credibility, the Global South must construct a new development theory rooted in its own experience, centred on production and state capacity rather than market fundamentalism.
Constructing a New Development Theory from the Global South
The neoliberal order has failed to deliver prosperity to the Global South. To achieve economic catch-up, a new theory of modernisation is needed, centred on state-led industrialisation, production, and employment.
China and the Electrification of the Global South: The Case of Pakistan
China’s hydropower and photovoltaic sectors are reshaping Pakistan’s energy landscape, offering a two-track model of state-capacity building that combines centralised infrastructure with decentralised electricity access.
Silk Road Manufacturing: An Alternative Path to Globalisation
Amid deglobalisation and rising protectionism, the concept of Silk Road Manufacturing offers a new model for transnational industrial cooperation under the Belt and Road Initiative, with Chinese firms in Vietnam as a case study.
Review: How Japanese Marxism Shaped a Taiwanese Economist
An intellectual biography of Taiwanese economist Liu Shinkei reveals how Japanese Marxist debates shaped his analysis of post-war economic development and his enduring search for an endogenous theory of modernisation rooted in national experience.