industrialisation

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.

India’s liberalisation beginning in the 1990s has led to a steady decline in manufacturing. To reverse this trend and expand productive employment, industrial policy must address structural issues of dependence and inequality.

While industrialisation remains a top priority for Global South countries, debt-driven austerity, corporate dominance, wars, and sanctions keep many poorer nations locked into dependency and underdevelopment.

Courage to confront and challenge power is necessary. The time of mere criticism is over. The price of cowardice will be the aggravation of the multiple crises. The economic emancipation of the Global South will…

Decades of IMF interventions have locked African nations into cycles of debt, austerity, and economic dependency, stifling real development while reinforcing neocolonial control over the continent’s financial sovereignty.

Amid rising geopolitical tensions, the electric vehicle industry is becoming a growing focal point of international competition between Western developed countries and China.

This dossier explores the possibilities that the current crisis of global capitalism creates for sovereign regional development projects in Latin America and the Caribbean and the importance of South-South alliances in this struggle.

The fourth issue traces the historical evolution of socialism and examines how socialism will continue to develop in the twenty-first century.

The third issue explores the contemporary relationship between China and Africa, with a particular focus on how China can support African efforts to industrialise.