Rating Valuation: Principles and Practice has long been the standard go-to guide for both students studying rating valuation and practitioners needing a comprehensive reference book covering rating law, valuation and, importantly, practice. This fifth edition brings the reader up to date with the changes for the 2023 Rating Revaluation and developments in case law, as well as highlighting the differences between the law in England and Wales. A comprehensive chapter covers rates in...

Released to coincide with the 20th anniversary of the end of apartheid, this is an updated edition of a best-selling work of political analysis. Patrick Bond, a former adviser to the ANC, investigates how groups such as the ANC went from being a force of liberation to a vehicle now perceived as serving the economic interests of an elite few.This edition includes new analysis looking at the 2008 internal coup against Thabo Mbeki, the subsequent economic crisis and the massacre of mi...

Despite the rhetoric, the people of Sub-Saharan Africa are become poorer. From Tony Blair's Africa Commission and the Make Poverty History campaign to the Hong Kong WTO meeting, Africa's gains have been mainly limited to public relations. The central problems remain exploitative debt and financial relationships with the North, phantom aid, unfair trade, distorted investment and the continent's brain/skills drain. Moreover, capitalism in most African countries has witnessed the emergence of...

With the world’s attention fixed on the travails of leading global economies due to a still unfolding financial crisis of gigantic proportions, there has been a studied silence on the fate of the third world as the malaise increasingly impacts it. This silence is particularly disturbing because questions of potential pitfalls in the neoliberal policy package, which the third world (unlike Western Europe and Japan) was largely forced to adopt, were never countenanced. as One third world sta...

Nearly all the discussions to date about BRICS have been uncritical. Many well-known analysts have greeted it with outright enthusiasm, on the mistaken perception that it represents a new power bloc that will democratise the world order or offer an emerging economic market for financial investors. A recent New York Times editorial claimed, for instance, that the BRICS countries “aimed at challenging the American-led global economic order”, while the Mail & Guardian pronounced, “South Africa i...

he emergence of Brazil, Russia, India, China, and South Africa on a global stage has upset the dominance of the United States as the world’s only superpower. But can they chart a path toward a more just global economy? This collection, which brings together leading political economists from around the world, argues that the BRICS are actually amplifying some of the worst features of international capitalism.This book aims to fill a gap in studies of the BRICS grouping of countries ...

In 1994, the first non-racial elections in South Africa brought Nelson Mandela and his African National Congress to office; elections since have confirmed the ANC's hold, both popular and legitimate, on power. Yet, at the same time, South Africa has one of the highest rates of protest and dissent in the world - underscored by the police shooting of 34 striking miners at Marikana in 2012 - regions of deep poverty and environmental degradation, rising inequality and high unemployment rates. ...

‘Boris Kagarlitsky is a man of enormous intellect and bravery ... I’ve always been stimulated by discussions with Boris and his relationship with thoughtful figures all around the world’ – Jeremy Corbyn MP‘Perhaps the most prominent Marxist thinker in the post-Soviet space’ – Open Democracy‘This brilliant and profound book is likely to become a classic’ – Jayati Ghosh, Professor of Economics, University of Massachu...

Though initially considered a welcome counterweight to Western interest across Africa, the BRICS are increasingly being viewed as another example of foreign interference and exploitation.BRICS and Resistance in Africa explores the varied forms of African resistance being developed in response to the growing influence of the BRICS. Its case studies cover such instances as the opposition to China's One Belt One Road initiative in East Africa; resistance to the BRICS' oil act...

Challenges the mainstream understanding of BRICS and US dominance to situate the new global rivalries engulfing capitalismBRICS is a grouping of the five major emerging economies of Brazil, Russia, India, China and South Africa. Volume five in the Democratic Marxism series, BRICS and the New American Imperialism challenges the mainstream understanding of BRICS and US dominance to situate the new global rivalries engulfing capitalis...

Set in South Africa of the early 1990s, this military thriller has fascist ultraconservative Afrikaners staging a coup and taking over the Pretoria government. The new government then re-institutes apartheid and invades bordering Namibia. A Communist counterforce led by the Cubans is mounted, as internal revolt and harsh suppression breed domestic chaos. A Boer nuclear attack on the Cubans is answered by nerve gas from the Cubans. A daring raid by US Rangers destroys the Afrikaner weapons ...

What role do emerging markets play in the global financial system? Are they subordinated within global financial hierarchies? Or do they have autonomy, even power, to use finance to pursue state objectives?In this edited volume, leading scholars explore these questions, focusing on state–finance interactions globally. The book combines literatures on international financial subordination, financial statecraft and comparative capitalism to analyse state–finance relationships in emer...