---

Global crises not only deeply impact the economy and people´s livelihoods, they also unsettle basic ideas and assumptions about the meaning and drivers of development. This collection of theoretical and empirical studies explores the substance and politics of policy change following the 2007/8 crisis from the perspective of developing countries.

---

Overview: The Global Crisis and Transformative Social Change; P.Utting, S.Razavi & R.V.Buchholz Narratives of Crisis and Crisis Response: Perspectives from North and South; B.Jessop The Perils of Paradigm Maintenance in the Face of Crisis; A.M.Fischer Social Reproduction in the Global Crisis: Rapid Recovery or Long-Lasting Depletion?; D.Elson Shifting Global Social Policy Discourse and Governance in Times of Crisis; B.Deacon Financialization and Social Policy; B.Fine Policy Change in Turbulent Times: The Nationalization of Private Pensions in Argentina; C.Arza Rebounding from Crisis: The Role and Limits of Social Policy in China´s Recovery; S.Cook The Global Economic Crisis and Labour Markets in the Small States of the Caribbean; A.S.Downes From Agrarian Crisis to Global Economic Crisis: Neoliberalism and the Indian Peasantry; A.Banerjee Restructuring Development to Address the Global Financial Crisis: Lessons from India; I.Hirway & S.Prabhu A Political Economy Analysis of Crisis Response: Reflections on India and Thailand; D.Nathan & G.Kelkar Trade Unions and the Politics of Crisis; B.Beckman Chinese Migrant Workers in the Global Financial Crisis: Government and Stakeholder Interactions; Y.Yu

---

´This important collection opens up questions ignored by mainstream debates about international economic policy. It goes beyond the impact of the 2008 financial crisis on developing countries and on poor people to examine the politics that generate transformative change in policy thinking, and whether these developments have begun to challenge the legitimacy of neoliberal economic policy.´ Sakiko Fukuda-Parr, Professor of International Affairs, The New School,USA

´This is a definitive contribution to the literature on the 2008 financial crisis. Covering an impressive range of critical issues - from the structural changes triggered by the crisis to shifts in discourse on the unstable nature of capitalist economies and the scope for policy responses - we will find ourselves returning to it time and again to clarify our thinking on the crisis and its far-reaching consequences.´ James Heintz, Associate Director, Political Economy Research Institute, University of Massachusetts, USA´Offering a varied set of analyses, assessing both actual policy responses to the 2008 financial crisis in the Global South and the breadth of debates stimulated by the crisis, this volume provides a sober, well-grounded and constructive alternative to current austerity-obsessed policy debates.´ Peter Brandt Evans, Professor of Sociology, University of California, USA

---