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The impasse of development studies of the mid-1980s initiated many attempts to construct theories of development that avoid the perceived economism and functionalism of Marxistinspired development theories (Schuurman 1993). With the exhaustion of the impasse debate, international development studies is confronting yet another challenge: globalization. As the authors of a recent review of international development studies in Canada observe, globalization threatens to create another “impasse ” because “we have an inability to decide whether to treat it as a fundamental paradigm shift away from development, or to examine it from the perspective of development as just another notion that adds to the complexity of the paradigm itself” (Vainio-Mattila, Inwood, and Parmar 2004:162). This paper contributes to this debate by critically evaluating two different perspectives on the relationship between globalization and “development”. Philip McMichael adopts the former perspective, arguing that “globalization ” represents a fundamental paradigm shift away from “development”. Henry Veltmeyer and James Petras, by contrast, argue that “globalization ” is just another phase in a long process of imperialist expansion. The first part of the paper outlines how the authors define the relationship betwee

Year: 2011
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