Home Columns Dr. Kalim Siddiqui’s Critique of Political Economy of International Development

Dr. Kalim Siddiqui’s Critique of Political Economy of International Development

Major oil-producing countries reliant on the Strait of Hormuz for exports

US-Iran Conflict: Oil Volatility and Global Economic Crisis

By Dr Kalim Siddiqui This article examines oil control, US-led war, economic crisis, and contested US hegemony. Dr Kalim Siddiqui argues that British imperialism installed...
Amsterdam in the 16th Century.

Dutch Commercial Capitalism: Rise and Decline in the 16th–17th Centuries

By Dr Kalim Siddiqui The Dutch Republic’s rise to global dominance and its quiet decline reveal how financialisation, capital outflows, and institutional stagnation can erode...
Opium smokers in China

Junior Partners in Empire: Indian Merchants and the Opium Trade, 1773–1900

By Dr. Kalim Siddiqui This paper examines how Indian merchants such as Parsi, Marwari, Baghdadi Jewish and others accumulated capital as junior partners in the...
Delegates at the Bretton Woods conference in 1944 agreed to US proposals for a new international monetary and financial system, centred around the dollar.

The Unravelling of Dollar Hegemony: Debt, Rentier Power, and the Crisis of US Global...

By Dr. Kalim Siddiqui The erosion of US dollar hegemony—driven by structural debt, financialisation, geopolitical fragmentation, and reserve diversification—signals a historic inflection point in the...
Vasco Da Gama

Crusade and Commerce: Portuguese Mercantilism in the Indian Ocean, 1500-1600.

By Dr. Kalim Siddiqui This study reinterprets sixteenth-century Portuguese expansion by challenging conventional views of early mercantilism. Dr Kalim Siddiqui argues that Portugal’s pursuit of...

United States Strategy in an Era of Petrodollar Decline and Multipolarity

By Dr. Kalim Siddiqui This paper explores the shift from the Bretton Woods system to the petrodollar era and the emergence of a multipolar financial...
Monopoly Capitalism and the Concentration of Capital in Production and Digital Technologies

Monopoly Capitalism and the Concentration of Capital in Production and Digital Technologies

By Dr. Kalim Siddiqui This article examines the structural dynamics of monopoly capitalism, tracing its evolution from national industrial concentration to global digital-finance monopolies. Drawing...
Late-Industrializing Economies innovation and investment

Innovation, Investment Criteria, and Economic Growth in Late-Industrializing Economies

By Dr. Kalim Siddiqui  This study examines the effect of innovation on economic growth in the developing countries. Dr Kalim Siddiqui’s findings show that innovation...

Education Under Neoliberalism: The Political Economy of Development in the Global South

By Dr. Kalim Siddiqui This article investigates the role of education in the Global South, highlighting its economic, social, and political significance. Dr Kalim Siddiqui...
The gradual decline- a timeline

The United States’ Future in an Imperial Mirror: Lessons from Britain, Spain, Abbasids, Rome,...

By Dr. Kalim Siddiqui  Situating the United States' contemporary decline within a long historical continuum of imperial collapse, this article employs a comparative framework to analyse...

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China economic growth

China’s Challenging Search for a New Model of Economic Growth

By Danny Leipziger China cannot continue to rely on exports to drive its growth, but what are the alternatives? China ran a $1.2 trillion trade surplus last year, and despite admonitions from the IMF to rely...

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