Multilateralism and European Varieties of Capitalism after 1950

Author: Orfeo Fioretos

Publisher: Cornell University Press

ISBN: 9780801461194

Category: Political Science

Page: N.A

View: 9838

Twentieth-century Europe was an intense laboratory of capitalist experimentation. Confronted with economic booms and crises, technological revolutions, and economic globalization, Western Europe's governments constantly explored alternative ways of managing domestic economic systems and international commerce. Bridging comparative and international political economy, Creative Reconstructions compellingly expands our understanding of the historic relationship between varieties of capitalism and international cooperation. Orfeo Fioretos' pathbreaking analysis places multilateral institutions at the center of the study of capitalism. He highlights the role played by governments' multilateral strategies in shaping the national trajectories of capitalism in Great Britain, France, and Germany. Fioretos shows that membership in international organizations such as the European Union and its precursors was an integral innovation in the domestic management of capitalism that came to play a central, if varied, role in shaping the evolution of modern market economies.
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The Institutional Foundations of Comparative Advantage

Author: Peter A. Hall,David Soskice

Publisher: OUP Oxford

ISBN: 0191647705

Category: Business & Economics

Page: 570

View: 5910

What are the most fundamental differences among the political economies of the developed world? How do national institutional differences condition economic performance, public policy, and social well-being? Will they survive the pressures for convergence generated by globalization and technological change? These have long been central questions in comparative political economy. This book provides a new and coherent set of answers to them. Building on the new economics of organization, the authors develop an important new theory about which differences among national political economies are most significant for economic policy and performance. Drawing on a distinction between 'liberal' and 'coordinated' market economies, they argue that there is more than one path to economic success. Nations need not converge to a single Anglo-American model. They develop a new theory of 'comparative institutionaladvantage' that transforms our understanding of international trade, offers new explanations for the response of firms and nations to the challenges of globalization, and provides a new theory of national interest to explain the conduct of nations in international relations. The analysis brings the firm back into the centre of comparative political economy. It provides new perspectives on economic and social policy-making that illuminate the role of business in the development of the welfare state and the dilemmas facing those who make economic policy in the contemporary world. Emphasizing the 'institutional complementarities' that link labour relations, corporate finance, and national legal systems, the authors bring interdisciplinary perspectives to bear on issues of strategic management, economic performance, and institutional change. This pathbreaking work sets new agendas in the study of comparative political economy. As such, it will be of value to academics and graduate students in economics, business, and political science, as well as to many others with interests in international relations, social policy-making, and the law.
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Author: Ben Clift,Cornelia Woll

Publisher: Routledge

ISBN: 1317981383

Category: Political Science

Page: 160

View: 1416

The recent financial crisis has demonstrated that governments continuously seek to steer their economies rather than leaving them to free markets. Despite the ambitions of international economic cooperation, such interventionism is decidedly local. Some politicians even proudly evoke "economic patriotism" to justify their choices. This volume links such populism to a specific set of tensions – the paradox of neo-liberal democracy – and argues that the phenomenon is ubiquitous. The mandate of politicians is to defend the economic interests of their constituents under conditions where large parts of economic governance are no longer exclusively within their control. Economic patriotism is one possible reaction to this tension. As old-style industrial policy and interventionism gained a bad reputation, governments had to become creative to assure traditional economic policy objectives with new means. However, economic patriotism is more than just a fashionable word or a fig leaf for protectionism. This volume employs the term to signal two distinctions: the diversity of policy content and the multiplicity of territorial units it can refer to. Comparing economic interventionism across countries and sectors, it becomes clear that economic liberalism will always be accompanied by counter-movements that appeal to territorial images. This book was published as a special issue of the Journal of European Public Policy.
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Author: Andreas Nölke,Christian May

Publisher: Edward Elgar Publishing

ISBN: 1785362534

Category: Business & Economics

Page: N.A

View: 4338

Over the past few decades, corporations have been neglected in studies of international political economy (IPE). Seeking to demystify them, what they are, how they behave and their goals and constraints, this Handbook introduces the corporation as a unit of analysis for students of IPE. Providing critical discussion of their global and domestic power, and highlighting the ways in which corporations interact with each other and with their socio-political environment, this Handbook presents a thorough and up-to-date overview of the main debates around the role of corporations in the global political economy.
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Author: Adam Sheingate

Publisher: Oxford University Press

ISBN: 0199662819

Category:

Page: 584

View: 2191

Historical institutionalism has deep roots in Political Science and related fields, and crystalized into a distinct research tradition during the 'new institutionalisms' debate that began in the late 1980s. It has since established strong footholds in four large subfields of Political Science: comparative, American, European, and international politics. The present volume is the first to take stock of the tradition's contributions across multiple areas of study,and includes chapters by many of its most prominent practitioners. As the world again grapples with how to understand the short- and long-term consequences of economic crises, revolutions, and newpatterns of governance, historical institutionalism is poised to offer valuable insights into how past events and decisions will shape political trajectories at local, national, and international levels.
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The challenges of institutionalizing regionalism

Author: Mario Telò

Publisher: Springer Science & Business Media

ISBN: 9400728433

Category: Political Science

Page: 188

View: 8008

This volume presents a reconsideration of the concepts of State and political power within the evolving multilateral network of cooperation and conflict. By means of an innovating research strategy, it explains state resilience within global governance while deepening the obsolescence of the traditional sovereign state concepts, including by emerging powers. Rather than considering the EU as an isolated case study, the book considers the EU as both a reference and a proactive player, which fosters a new research agenda both for comparative studies and political theory. Lastly, in view of the currently emergent, unprecedented and asymmetrical, ‘multi-polar’ world, it considers the need for a new research agenda on multilateralism.
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The Rhetoric of Reform and Regulation

Author: Wyn Grant,Graham K. Wilson

Publisher: Oxford University Press

ISBN: 0199641986

Category: Business & Economics

Page: 272

View: 9922

Systematically exploring the consequences of the global financial crisis, this text focuses primarily on the impact on policy and politics. It asks how governments responded to the challenges that the crisis has posed, and the policy and political impact of the combination of both the crisis itself and these responses.
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Reinventing Capitalism through a Turbulent Century

Author: Torben Iversen,David Soskice

Publisher: Princeton University Press

ISBN: 0691182736

Category: Political Science

Page: 360

View: 755

A groundbreaking new historical analysis of how global capitalism and advanced democracies mutually support each other It is a widespread view that democracy and the advanced nation-state are in crisis, weakened by globalization and undermined by global capitalism, in turn explaining rising inequality and mounting populism. This book, written by two of the world’s leading political economists, argues this view is wrong: advanced democracies are resilient, and their enduring historical relationship with capitalism has been mutually beneficial. For all the chaos and upheaval over the past century—major wars, economic crises, massive social change, and technological revolutions—Torben Iversen and David Soskice show how democratic states continuously reinvent their economies through massive public investment in research and education, by imposing competitive product markets and cooperation in the workplace, and by securing macroeconomic discipline as the preconditions for innovation and the promotion of the advanced sectors of the economy. Critically, this investment has generated vast numbers of well-paying jobs for the middle classes and their children, focusing the aims of aspirational families, and in turn providing electoral support for parties. Gains at the top have also been shared with the middle (though not the bottom) through a large welfare state. Contrary to the prevailing wisdom on globalization, advanced capitalism is neither footloose nor unconstrained: it thrives under democracy precisely because it cannot subvert it. Populism, inequality, and poverty are indeed great scourges of our time, but these are failures of democracy and must be solved by democracy.
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Author: Orfeo Fioretos

Publisher: Oxford University Press

ISBN: 0198744021

Category:

Page: 368

View: 5334

International Politics and Institutions in Time is the definitive exploration, by a group of leading international relations scholars, of the contribution of the historical institutionalism tradition for the study of international politics.Historical institutionalism is a counterpoint to the rational choice and sociological traditions of analysis in the study of international institutions, bringing particular attention to how timing and sequence of pastevents, path dependence, and other processes impact distributions of global power, policy choices, and the outcome of international political battles.
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Author: Eliga H. Gould

Publisher: Harvard University Press

ISBN: 0674065026

Category: History

Page: 342

View: 1297

"For most Americans, the Revolution's main achievement is summed up by the phrase 'life, liberty, and the pursuit of happiness.' Yet far from a straightforward attempt to be free of Old World laws and customs, the American founding was also a bid for inclusion in the community of nations as it existed in 1776. America aspired to diplomatic recognition under international law and the authority to become a colonizing power itself. The Revolution was an international transformation of the first importance. To conform to the public law of Europe's imperial powers, Americans crafted a union nearly as centralized as the one they had overthrown, endured taxes heavier than any they had faced as British colonists, and remained entangled with European Atlantic empires long after the Revolution ended. No factor weighed more heavily on Americans than the legally plural Atlantic where they hoped to build their empire. Gould follows the region's transfiguration from a fluid periphery with its own rules and norms to a place where people of all descriptions were expected to abide by the laws of Western Europe -- 'civilized' laws that precluded neither slavery nor the dispossession of Native Americans."--Jacket.
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Explaining Institutional Development in World Politics

Author: Michael Zurn,Professor of Political Science Thomas Rixen,Assistant Professor of Politics Lora Anne Viola,Director of the Research Unit "Global Governance" at the Wzb Berlin Social Science Center and Professor of International Relations at the Free University of Berlin Michael Zurn

Publisher: Oxford University Press

ISBN: 0198779623

Category:

Page: 256

View: 4128

This book applies the analytical approach called Historical Institutionalism (HI)- so far mostly used within comparative politics-to the field of International Relations (IR). It provides an introduction to HI concepts and makes an argument for why it is particularly well-suited for understanding current developments within international institutions. In particular, it helps us to understand the combination of change and stability that together form the dynamics of institutional development over time. It is the first book to collect original, empirical research applying historical institutionalism to international institutions. The chapters cover a range of institutions important to IR, including the development of European Union competition policy, the global politics of financial reform after the 2008 crisis, the institutional development of the World Health Organization, membership reforms in the League of Nations and the United Nations Security Council, and civil society access to intergovernmental organizations. The concluding chapter discusses the relationship of HI to other institutionalist approaches and the role of HI in future IR research.
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Politics, Security and Economic Development

Author: Mark Beeson

Publisher: Macmillan International Higher Education

ISBN: 1137332379

Category: Social Science

Page: 336

View: 3200

This book examines the distinctive evolution of the political and economic relationships of East Asia. It does this by placing East Asian development in the unique historical circumstances that have underpinned its rise to power over the last few decades. This detailed analysis provides the basis for an assessment of a unified East Asian region.
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Author: Erik Jones,Anand Menon,Stephen Weatherill

Publisher: Oxford University Press

ISBN: 0199546282

Category: Political Science

Page: 893

View: 9829

The Oxford Handbook of the European Union brings together numerous acknowledged specialists in their field to provide a comprehensive and clear assessment of the nature, evolution, workings, and impact of European integration.
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Its Origins and Evolution as a System of Governance

Author: Bruce R. Scott

Publisher: Springer Science & Business Media

ISBN: 9781461418795

Category: Business & Economics

Page: 672

View: 6584

Two systems of governance, capitalism and democracy, prevail in the world today. Operating simultaneously in partially distinct domains, these systems rely on indirect governance through regulated competition to coordinate actors; inevitably, these systems influence and transform each other. This book rejects the simple equation of capitalism with markets in favor of a three-level system, a model which recognizes that markets are administered by regulators through institutions and governed by a political authority with the power to regulate behavior, punish transgressors, and redesign institutions. This system's emergence required the sovereign to relinquish some power in order to release the energies of economic actors. Rather than spreading through an unguided natural process like trade, capitalism emerged where competitive pressures forced political authorities to take risks in order to achieve increased revenues by permitting markets for land, labor, and capital.
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Asian-European Relations in a Global Context

Author: Sebastian Bersick,W. A. L. Stokhof,Paul Velde van der,Benedikt Seemann

Publisher: Amsterdam University Press

ISBN: 9053569294

Category: Political Science

Page: 192

View: 418

The sovereign power of the nation-state has been steadily eroding for decades under the pressure of multilateral organizations such as the United Nations and multiregional organizations such as the European Union. The increasing prominence of non-governmental organizations such as Greenpeace and Human Rights Watch in times of crisis has also contributed, since the problems such groups address often extend beyond national borders and are thus difficult for national governments to manage alone. Multiregionalism and Multilateralism investigates these forces as they factor into political and economic relations between Asia and Europe.
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Reconciling Europe and the Nation-State

Author: Peter L. Lindseth

Publisher: Oxford University Press

ISBN: 0199749892

Category: Law

Page: 364

View: 7203

A succession of crises has marked the last decade of European integration, leading to disorientation among integration scholars. Older frameworks for understanding have been challenged, while the outlines of new ones are only now beginning to emerge. This book looks to history to provide a more durable explanation of the nature and legitimacy of European governance going forward. Through detailed examination of certain fundamental but often overlooked elements in EU history, Peter Lindseth describes the convergence of European integration around the 'postwar constitutional settlement of administrative governance.' 'Administrative' here does not mean 'non-political' or 'technical'-it means that supranational regulatory authority should properly be seen as 'delegated' from national constitutional bodies. As such, supranational policymaking has relied to a significant degree on forms of oversight by national executives, legislatures, and judiciaries, following models of 'mediated legitimation' first developed in the administrative state and then translated into the European context. These national mechanisms developed specifically to overcome the core disconnect in European integration-between exercises of otherwise autonomous supranational regulatory 'power,' on the one hand, and the persistence of the nation-state as the primary source of democratic and constitutional 'legitimacy' in the European system, on the other. It has been through recourse to the legitimating structures and normative principles of the postwar constitutional settlement, this study shows, that European public law has sought to reconcile 'Europe' and the nation-state for more than fifty years.
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Legitimacy, Governance, and Reform

Author: Kemal Derviş

Publisher: Ctr for Global Development

ISBN: 9780815717638

Category: Business & Economics

Page: 301

View: 2373

"Discusses the two broad dimensions of the globalization debate--economic, including finance, trade, poverty, and health; and political, covering security, the fight against terrorism, and the role of international institutions--and the significance of democratic consent in the twenty-first century"--Provided by publisher.
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the emergence of the European Monetary System

Author: Emmanuel Mourlon-Druol

Publisher: Cornell University Press

ISBN: 0801465494

Category: History

Page: 368

View: 3927

A Europe Made of Money is a new history of the making of the European Monetary System (EMS), based on extensive archive research. Emmanuel Mourlon-Druol highlights two long-term processes in the monetary and economic negotiations in the decade leading up to the founding of the EMS in 1979. The first is a transnational learning process involving a powerful, networked European monetary elite that shaped a habit of cooperation among technocrats. The second stresses the importance of the European Council, which held regular meetings between heads of government beginning in 1974, giving EEC legitimacy to monetary initiatives that had previously involved semisecret and bilateral negotiations. The interaction of these two features changed the EMS from a fairly trivial piece of administrative business to a tremendously important political agreement. The inception of the EMS was greeted as one of the landmark achievements of regional cooperation, a major leap forward in the creation of a unified Europe. Yet Mourlon-Druol's account stresses that the EMS is much more than a success story of financial cooperation. The technical suggestions made by its architects reveal how state elites conceptualized the larger project of integration. And their monetary policy became a marker for the conception of European identity. The unveiling of the EMS, Mourlon-Druol concludes, represented the convergence of material interests and symbolic, identity-based concerns.
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Author: Ali Kadri

Publisher: Anthem Press

ISBN: 1783085525

Category: Business & Economics

Page: 250

View: 7906

Conditions of malnutrition, conflict, or a combination of both characterize many Arab countries, but this was not always so. As in much of the developing world, the immediate post-independence period represented an age of hope and relative prosperity. But imperialism did not sleep while these countries developed, and it soon intervened to destroy these post-independence achievements. The two principal defeats and losses of territory to Israel in 1967 and 1973, as well as the others that followed, left in their wake more than the destruction of assets and the loss of human lives: the Arab World lost its ideology of resistance. The Unmaking of Arab Socialism is an attempt to understand the reasons for Arab world's developmental descent from the pinnacle of Arab socialism to its present desolate conditions through an examination of the post-colonial histories of Egypt, Syria, and Iraq.
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Author: Ireneusz Paweł Karolewski

Publisher: Rowman & Littlefield

ISBN: 9780739123072

Category: Political Science

Page: 286

View: 6773

Nationalism remains one of the key political, societal, and socio-psychological phenomena in contemporary Europe. The international scholars assembled in this edited collection suggest that the use of three perspectives-supranationalism, boundary-making nationalism, and regional nationalism-may be promising as an explanatory framework for the analysis of nationalism in Europe. The volume distances itself from older dichotomies such as civic and ethnic nationalism and questions the one-sided normativity of nationalism, in particular regarding the concept of liberal nationalism. It argues that a promising approach to contemporary nationalism should reflect the multiplicity of nationalism.
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