Development and Change最新文献

{"title":"A Conversation with Carlota Perez: A Life of Revolutions","authors":"Amir Lebdioui","doi":"10.1111/dech.70007","DOIUrl":"https://doi.org/10.1111/dech.70007","url":null,"abstract":"<p>Carlota Perez, now in her mid-80s, is one of the world's leading thinkers on innovation and technological revolutions. Her intellectual journey, which has been anything but conventional, unfolded through a series of revolutions: from aspiring to become a missionary to studying architecture, from leaving behind a Marxist revolutionary movement to joining the civil service, from advising corporations and governments to ultimately entering academia. In the process, Carlota has developed a unique view of the global economy: where it is headed and where it could potentially go instead.</p><p>Her career in researching technology began in the 1970s with an investigation into the structural causes of the energy crisis in her home country, Venezuela. After working on international technology transfer at the Institute of Foreign Trade in the 1970s, she became the founding Director of Technological Development at the Ministry of Industry (1980‒83). There, alongside other policy instruments to promote innovation, she created the country's first venture capital fund. After holding the position of visiting researcher at Cambridge University and Centennial Professor at London School of Economics, she currently is an Honorary Professor at the Institute for Innovation and Public Purpose (IIPP) at University College London (UCL) and at the Science Policy Research Unit at the University of Sussex. She is also Adjunct Professor of Technology and Socio-Economic Development at the Ragnar Nurkse School of Innovation and Governance at TalTech, Estonia. She sits on the advisory boards of IIPP, at UCL, the Development Leadership Dialogue at School of Oriental and African Studies, University of London, and the Technology and Industrialisation for Development Centre, at the University of Oxford. Over the past few decades, her pioneering work has shaped our collective understanding of technological transformations and their interactions with broader economic, financial, social and political changes. Her book <i>Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages</i> (Perez, 2002), has become a classic and was chosen as one of the ‘books of the century’ in economic history by the journal <i>Foreign Affairs</i>. That book is where she first advanced her theory on the emergence and diffusion of technological revolutions, and the role of finance in the process. She is currently working on a sequel, <i>The Social Shaping of Technological Revolutions</i>, which will analyse the roles that government, business and civil society play in bringing about the golden ages of each revolution.</p><p>Why is it so important to have this conversation today? The world is undergoing considerable changes. We are living through a turning point in history, one defined by technological disruption, climate emergency and growing inequality — yet also by unprecedented opportunities for transformation. In many ways, the historical transition we are witnessing now","PeriodicalId":48194,"journal":{"name":"Development and Change","volume":"56 4-5","pages":"1007-1024"},"PeriodicalIF":3.2,"publicationDate":"2025-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/dech.70007","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145719522","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Renewables Capitalism and the Contradictions of Green Industrialization: The Case of China","authors":"Ying Chen","doi":"10.1111/dech.70018","DOIUrl":"https://doi.org/10.1111/dech.70018","url":null,"abstract":"<div>\u0000 \u0000 <p>China's renewable energy development is often seen as a success story in the global green transition effort. This article examines how that success has been shaped by the interplay between the state's development rationale and the logic of capital followed by enterprises — factors that have enabled rapid capacity expansion and falling costs of production. Yet running alongside these achievements are deep structural tensions. Drawing on evidence from China's solar power, wind power and electric vehicle sectors, the article argues that the logic of capital — expressed in price wars, overcapacity and international trade conflict — has repeatedly challenged the state's strategic development goals. China's experience offers a particularly revealing case of the limits of technocratic green industrialization under capitalism. Rather than a model to emulate, China illustrates both the possibilities and the constraints of building renewables capitalism from the Global South.</p>\u0000 </div>","PeriodicalId":48194,"journal":{"name":"Development and Change","volume":"56 4-5","pages":"871-896"},"PeriodicalIF":3.2,"publicationDate":"2025-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/dech.70018","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145719837","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"China and Renewables Capitalism in the Green Transition","authors":"Dic Lo,&nbsp;Niangjijia Nyangchak,&nbsp;Fanqi Lin","doi":"10.1111/dech.70019","DOIUrl":"https://doi.org/10.1111/dech.70019","url":null,"abstract":"<div>\u0000 \u0000 <p>China stands as both the world's largest emitter of greenhouse gases and the leading producer and user of clean energy technologies. While the country has rapidly expanded its green technology sector, this growth has largely added to, rather than replaced, fossil fuel consumption. This duality presents a complex challenge in assessing China's impact on the global green transition — a challenge which is compounded by ongoing debates about the essence of China's political economy and the relatively early stage of theorizing the broader political and economic implications of the green transition. Rather than debating whether China's system is capitalist or otherwise, this analysis focuses on understanding China through the logic of the pursuit of profits, as well as the country's approach to environmental policy. The transition is often framed in terms of ‘renewables capitalism’, emphasizing either state or market drivers, but this may overlook deeper tensions between the capitalist profit logic and the green transition. By examining these dynamics in a global context, and interrogating the motives behind China's actions, this article aims to shed light both on China's future performance and the extent to which a meaningful green transition is achievable, either within or outside renewables capitalism.</p>\u0000 </div>","PeriodicalId":48194,"journal":{"name":"Development and Change","volume":"56 4-5","pages":"847-870"},"PeriodicalIF":3.2,"publicationDate":"2025-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/dech.70019","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145719838","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Middle-income Trap or Neoliberal Trap? Industrial Policy and Ideology in the World Development Report 2024","authors":"Pritish Behuria,&nbsp;Andy Sumner","doi":"10.1111/dech.70013","DOIUrl":"https://doi.org/10.1111/dech.70013","url":null,"abstract":"&lt;p&gt;&lt;b&gt;World Bank Group, &lt;i&gt;World Development Report 2024: The Middle-income Trap&lt;/i&gt;. Washington, DC: World Bank Group, 2024. xxx + 241 pp&lt;/b&gt;. &lt;b&gt;www.worldbank.org/en/publication/wdr2024&lt;/b&gt;&lt;/p&gt;&lt;p&gt;Over the past two decades, both within academia and in multilateral policy circles, significant attention has been devoted to analysing the ‘middle-income trap’ (MIT), which generally refers to a growth slowdown at middle-income levels (Agénor, &lt;span&gt;2016&lt;/span&gt;; Doner and Schneider, &lt;span&gt;2016&lt;/span&gt;; Felipe et al., &lt;span&gt;2012&lt;/span&gt;; Gill and Kharas, &lt;span&gt;2007&lt;/span&gt;; Im and Rosenblatt, &lt;span&gt;2013&lt;/span&gt;). The growing literature on the MIT suggests widespread agreement that falling into this trap is likely. Yet it is not clear whether such a trap exists at all (see discussion in Kang and Paus, &lt;span&gt;2020&lt;/span&gt;). Several studies have found no generalizable pattern indicative of a ‘trap’ facing middle-income countries (Pritchett and Summers, &lt;span&gt;2014&lt;/span&gt;). Others have argued that growth slowdowns attributed to the MIT took place much earlier in Latin America and parts of Southeast Asia than its proponents suggest (Palma and Pincus, &lt;span&gt;2024&lt;/span&gt;). Debates also persist over its multiple definitions, the income thresholds used to delineate it, and the empirical evidence required to identify a growth slowdown (Bulman et al., &lt;span&gt;2014&lt;/span&gt;).&lt;/p&gt;&lt;p&gt;The growing prominence of the MIT concept in policy debates is most clearly reflected in the World Bank's most recent annual flagship publication, the &lt;i&gt;World Development Report 2024: The Middle-income Trap&lt;/i&gt; (henceforth WDR 2024 or the Report). The Report's lead author, Indermit Gill, now Chief Economist of the World Bank, and Homi Kharas, a former World Bank official, are often cited as having first introduced the term (Gill and Kharas, &lt;span&gt;2007&lt;/span&gt;). That said, many years prior, Arthur Lewis (&lt;span&gt;1980&lt;/span&gt;) had already postulated that countries tend to experience a growth slowdown as they approach high-income status due to the diminishing benefits of labour transfers from the non-capitalist to the capitalist sector in the dual economy model, once the Lewis turning point is reached.&lt;/p&gt;&lt;p&gt;Our article has two main objectives. First, we critically review the WDR 2024 and highlight its shortcomings. Second, we discuss alternative frameworks for explaining growth slowdowns. We argue that the Report is an oddly defensive response to the recent surge in discussions around industrial policy, especially given the World Bank's earlier openness under Justin Lin's tenure as Chief Economist. We also contend that the Report represents an attempt at paradigm maintenance, intended to limit the role of the state as ruptures between the neoclassical view of industrial policies and the enactment of such policies in the Global South become increasingly visible. Such paradigm maintenance strategies have been a feature of earlier World Development Reports (Wade, &lt;span&gt;1996&lt;/span&gt;). For example, following ","PeriodicalId":48194,"journal":{"name":"Development and Change","volume":"56 4-5","pages":"1061-1083"},"PeriodicalIF":3.2,"publicationDate":"2025-09-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/dech.70013","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145730501","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Biophysicality, Social Reproduction and the Limits of Renewables Capitalism","authors":"Bengi Akbulut","doi":"10.1111/dech.70017","DOIUrl":"https://doi.org/10.1111/dech.70017","url":null,"abstract":"<p>This article debates the prospect of renewables capitalism and the hypothesis that capitalism per se does not require fossil fuels from a feminist degrowth perspective by elucidating how capitalism, its imperatives and its contradictions — and thus the potentiality of renewables capitalism — would be viewed from this perspective. To this end, the article outlines a feminist degrowth understanding of capitalism by building on traditions and frameworks which inform degrowth thinking, delineating two aspects in particular: the biophysicality of capitalism and its conception as a heterogeneous social formation. This particular understanding of capitalism is then mobilized to elaborate on the potential contradictions of renewables capitalism, structured around the limits and constraints that the biophysical properties of renewables would pose for capitalism and the labour of social-ecological reproduction in renewables capitalism. The article concludes by highlighting the contribution of a feminist degrowth perspective to contemporary debates on renewables capitalism, as well as the lessons to be drawn from degrowth thinkers over the prospect of a renewables transition led by capital.</p>","PeriodicalId":48194,"journal":{"name":"Development and Change","volume":"56 4-5","pages":"729-754"},"PeriodicalIF":3.2,"publicationDate":"2025-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/dech.70017","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145719591","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Opportunities for Latecomer Technological Catch-up in the Era of Renewables Capitalism: Possible Pathways out of the Periphery","authors":"Lindsay Whitfield,&nbsp;Tobias Wuttke","doi":"10.1111/dech.70016","DOIUrl":"https://doi.org/10.1111/dech.70016","url":null,"abstract":"<p>The Debate section asks whether developing countries can leverage the transition to renewables capitalism to escape their peripheral status in the global economy. This contribution focuses on how capitalism, and thus also renewables capitalism, creates windows of opportunity during periods of disruptive technological change and how latecomer countries can exploit these windows for technological catch-up; it suggests possible pathways out of the periphery that have been downplayed or overlooked in the development studies literature. The authors argue that successfully leveraging windows of opportunity requires three interconnected dynamics: (1) local firms must access and assimilate foreign knowledge through transnational networks; (2) firms must use this knowledge base for innovation while securing adequate market demand and financing to scale production and reduce costs; and (3) governments must provide strategic support through targeted industrial policies. The article makes a novel contribution to the debate on technological catch-up in development studies by demonstrating that all three dynamics are not only important but necessary for technological catch-up. It illustrates this argument through two industry case studies from the more distant past (South Korea and Taiwan in semiconductors) and the more recent past (China in electric vehicles). Its insights can inform strategies regarding the windows of opportunity related to green decarbonization technologies which will inevitably arise under renewables capitalism.</p>","PeriodicalId":48194,"journal":{"name":"Development and Change","volume":"56 4-5","pages":"783-812"},"PeriodicalIF":3.2,"publicationDate":"2025-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/dech.70016","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145730413","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Development as Erasure: Palestine, Genocide and ‘Reconstruction’","authors":"Rafeef Ziadah","doi":"10.1111/dech.70014","DOIUrl":"https://doi.org/10.1111/dech.70014","url":null,"abstract":"<p>This article examines the destruction of Gaza since October 2023 as part of a longer settler-colonial project in which war, reconstruction and development are inseparably linked. Far from a rupture, the devastation exemplifies a historical continuum of erasure, from the Nakba of 1948 to contemporary schemes such as ‘Gaza 2035’, which envision the territory as a depopulated investment frontier for energy, logistics and speculative urbanism. Situating Palestine within comparative settler-colonial scholarship, the article highlights how development and humanitarian discourses function as technologies of control, embedding dispossession within fiscal regimes, aid dependency and infrastructural planning. Tracing these dynamics through the Oslo Accords, donor interventions and regional economic normalization, it shows how neoliberal frameworks have transformed reconstruction into an extension of war by other means. In this system, Israel emerges not only as militarily dominant but also as economically indispensable, its occupation sustained through global markets, supply chains and international complicity.</p>","PeriodicalId":48194,"journal":{"name":"Development and Change","volume":"56 4-5","pages":"597-618"},"PeriodicalIF":3.2,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/dech.70014","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145719361","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Is Renewable Energy Enough to Save the Planet, or Humanity?","authors":"Jayati Ghosh","doi":"10.1111/dech.70011","DOIUrl":"https://doi.org/10.1111/dech.70011","url":null,"abstract":"<div>\u0000 \u0000 <p>This contribution argues that the ‘green transition’ towards net zero carbon emissions is not possible within a capitalist market-oriented framework, and requires significant public intervention. But simply changing the energy mix towards renewables will not be sufficient to save the planet or humanity: more fundamental changes in economic and social arrangements are needed. Poverty elimination, massive reductions in inequality, empowering women and other marginalized groups, and transforming food systems, in addition to the shift to greater use of electricity generated through renewable sources, will all be vital.</p>\u0000 </div>","PeriodicalId":48194,"journal":{"name":"Development and Change","volume":"56 4-5","pages":"645-667"},"PeriodicalIF":3.2,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/dech.70011","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145719362","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Authority as a Spatial Hook for Renewables Capital: Frontierization, Zoning and Land Making in Asian Coal Economies","authors":"Nikita Sud","doi":"10.1111/dech.70012","DOIUrl":"https://doi.org/10.1111/dech.70012","url":null,"abstract":"<p>As large, coal-dependent economies, India and Indonesia are committed to a green transition. Their respective border regions, Kachchh and Rempang Island in the larger Riau Islands Province, are emerging as hotspots for the manufacture and generation of renewable energy. A green transition is presented as a promising means towards economic productivity and socio-political stability for these marginal regions while addressing the global climate crisis. This article demonstrates that marginalization has been actively produced in Kachchh and the Riau Islands through processes of colonial frontierization, post-colonial extraction and zoning, and everyday land deals and land grabs. The resulting disorder and restiveness of sidelined local populations have been managed through securitization and coercion by formal and informal authority. Authority, in the form of the state and non-state actors that further official agendas, has thus controlled space at the margins. By making this space attractive to capital, authority has acted as a hook drawing capital to seemingly risky frontiers in search of high returns. Today, this authority is increasingly anti-democratic and aggressive as it attracts global private capital into meticulously curated spaces in preparation for a green transition. The article shows how renewables authoritarianism and renewables capitalism have a mutually constitutive relationship in Kachchh, India and Rempang, Indonesia — and possibly in many other parts of the world.</p>","PeriodicalId":48194,"journal":{"name":"Development and Change","volume":"56 4-5","pages":"813-846"},"PeriodicalIF":3.2,"publicationDate":"2025-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/dech.70012","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145719770","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Unbundling the Grid: Renewable Capital and the Demise of Electricity as a ‘Public Utility’ in the United States","authors":"Matthew T. Huber","doi":"10.1111/dech.70008","DOIUrl":"https://doi.org/10.1111/dech.70008","url":null,"abstract":"<p>One might think that renewable energies such as solar and wind are flow resources that are conducive to public ownership, but the vast majority of these renewables projects are privately owned. What explains this apparent paradox? This article focuses on the unique case of electricity in the United States to argue that renewable capital must be seen as a specific form of privatized wealth accumulation made possible by the ‘unbundling’ of electricity as a public utility. The article reviews the historical and legal origins of public utility law which argued that electricity was an essential service that should be insulated from market forces and competition. It explains how this consensus was disrupted during the neoliberal revolution of the 1970s, leading to three specific phenomena. First, unbundling allowed non-utility generation projects, or ‘independent power producers’, to increase their share in the power-generation mix. Second, rooftop solar emerged as an industry unhinged from the utility system, allowing affluent homeowners and solar installation companies alike to benefit. Third, the land-intensive nature of renewables development cemented private landowners as central beneficiaries of renewable development through the extraction of rent. While the analysis primarily focuses on the US, the unbundling of public utility systems is now a global phenomenon.</p>","PeriodicalId":48194,"journal":{"name":"Development and Change","volume":"56 4-5","pages":"982-1006"},"PeriodicalIF":3.2,"publicationDate":"2025-08-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/dech.70008","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145719367","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}