In order to understand what exactly ‘politics’ is we must first unpack its meaning. ‘Politics’ is defined in the Oxford English dictionary as ‘the activities associated with the governance of a country or area, especially the debate between parties having power’ (Soanes: 2004). We can break this into two broad parts: (1) the activities associated with governance of a country or area, and (2) the debate between parties having power. This can allow us to see that politics is the work deliberative process of institutions on the (1) macro level and (2) micro level. To indicate the structure of my argument, I have employed title: political economic analysis versus economic political …show more content…
This is thought to effectively lead to better represented interests and good governance, as it implicates the negotiation between politicians, businessmen, NGO’s and civil society central to the reform process. Under the model, key stakeholders exert their competing interests through analysis of risk, bargaining, and leverage in order to reach their desired reform outcome (Nunberg: 2012). Then, the ABSM could provide ‘good’ governance’ assumes that people will be represented in their interests. In effect, the ABSM is a problem solving theory – a negotiation process which help understand the drivers of reform, and those working against it. Problem solving theory creates a fixed order, ‘as it aims to solve problems arising in various parts of a complex whole in order to smooth the functioning of the whole’ (Cox, 1981: 130). This problem solving theory is at its core; value-free as it treats the variables as objects they are singular, in the case of the ABSM, it is representative of agents’ own represented …show more content…
It will be considered the precondition for action. Material capabilities are necessary, and here they can either which can either facilitate change or destroy any inkling of change. Ideas are the processes which govern interests under ideology and expectations. Institutions, for the lack of a better definition are the ‘means of stabilising and perpetuating a particular order. Institutions reflect the power relations prevailing at their point of origin and tend, at least initially, to encourage collective images consistent with these power relations’ (Cox: 1983:136). The Bank’s employment of PEA as exemplified in the ABSM pays a lot of attention to incorporating the ideals of civil society with little thought of politics which govern reform outcomes. On the micro level, there will inevitably be power structures which govern reform outcomes, not only interests, but ideology and expectations which influence the actors position in the deliberative process. Then, forgoing a consideration of the politics which govern reform outcomes, the ABSM ‘implicitly accepts the prevailing order as its own framework’, (Cox, 1981: 130) rather than seeing the function of politics as an overarching complex entity governed by interests, ideology and