Futures of State Capitalism in the Global North, East and South
March 6 @ 4:15 pm - 6:30 pm
Speaker: Dr Ilias Alami, Assistant Professor in the Political Economy of Development, Centre of Development Studies (CDS), Department of Politics and International Studies (POLIS), University of Cambridge
The state is ‘back’, and its means business. Since the turn of the 21st century, state-owned enterprises, sovereign funds, and policy banks have vastly expanded their control over assets and markets. Concurrently, governments around the world have experimented with increasingly assertive modalities of statism, from techno-industrial policies and spatial development strategies to economic nationalism and trade and investment restrictions. This talk offers an analysis of the determinants and consequences of this drastic reconfiguration of the state’s role as promoter, supervisor, shareholder-investor, and direct owner of capital across the world economy, or what commentators refer to as the “new state capitalism.”
Ilias Alami is an Assistant Professor in the Political Economy of Development at the University of Cambridge. He holds a PhD in Politics from the University of Manchester, an MSc in Development Planning from University College London, and an MSc in Management from Toulouse Business School (France). His research and teaching interests are in the areas of global political economy, money and finance, global development, and racial capitalism. He has published in a wide range of journals, including Review of International Political Economy, New Political Economy, Economic Geography, Environment and Planning A, Review of African Political Economy, Antipode, Geopolitics, Geoforum, Development and Change, Competition and Change, Global Political Economy, Political Geography, European Journal of International Relations, and other outlets. His first book Money Power and Financial Capital in Emerging Markets (Routledge, 2019) was shortlisted for the British International Studies Association 2020 best book in International Political Economy award. His new book The Specter of State Capitalism (co-authored with Adam Dixon) is forthcoming with Oxford University Press.
Seminar: 4.15 to 5.30pm (in person and online)
Reception: 5.30 to 6.30pm