Economic Adjustment And Political Transformation In Small States

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Economic Adjustment and Political Transformation in Small States

Author : Erik Jones
Publisher : OUP Oxford
ISBN 13 : 0191549037
Total Pages : 304 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis Economic Adjustment and Political Transformation in Small States by : Erik Jones

Download or read book Economic Adjustment and Political Transformation in Small States written by Erik Jones and published by OUP Oxford. This book was released on 2008-05-08 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The smaller countries of Western Europe have a reputation for being more successful than their larger neighbours. They are wealthier per capita, they are more stable politically, and they are more flexible economically. The secret to this success lies in their consensual style of politics and their corporatist style of decision-making. Unfortunately, however, that may be about to change. A political transformation underway in small states is undermining the politics of consensus and breakdown the effectiveness of corporatist institutions. Small countries are becoming increasingly vulnerable to the vicissitudes of world markets as a result. Belgium and the Netherlands offer clear examples of the problem at hand. The political societies of both countries were tightly organized to avoid conflict and to promote consensus. Over time, however, this tight organization has broken down, politicians have opted for conflict over consensus, and elections have become more volatile as a result. In turn, this political transformation of Belgium and the Netherlands has undermined their traditional approach to economic policymaking and economic adjustment. Belgium and the Netherlands are now more vulnerable to world market forces than at any time since the end of the 1970s. Their relative economic and political success can no longer be taken for granted. The relative success of other small states should be brought into question as well.

When Small States Make Big Leaps

Author : Darius Ornston
Publisher : Cornell University Press
ISBN 13 : 0801465524
Total Pages : 247 pages
Book Rating : 4.8/5 (14 download)

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Book Synopsis When Small States Make Big Leaps by : Darius Ornston

Download or read book When Small States Make Big Leaps written by Darius Ornston and published by Cornell University Press. This book was released on 2012-08-15 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the close of the twentieth century, Denmark, Finland, and Ireland emerged as unlikely centers for high-tech competition. In When Small States Make Big Leaps, Darius Ornston reveals how these historically low-tech countries managed to assume leading positions in new industries such as biotechnology, software, and telecommunications equipment. In each case, countries used institutions that are commonly perceived to delay restructuring to accelerate the redistribution of resources to emerging enterprises and industries. Ornston draws on interviews with hundreds of politicians, policymakers, and industry representatives to identify two different patterns of institutional innovation and economic restructuring. Irish policymakers worked with industry and labor representatives to contain costs and expand market competition. Denmark and Finland adopted a different strategy, converting an established tradition of private-public and industry-labor cooperation to invest in high-quality inputs such as human capital and research. Both strategies facilitated movement into new high-tech industries but with distinctive political and economic consequences. In explaining how previously slow-moving states entered dynamic new industries, Ornston identifies a broader range of strategies by which countries can respond to disruptive challenges such as economic internationalization, rapid technological innovation, and the shift to services.

Our Continent, Our Future

Author : P. Thandika Mkandawire
Publisher : IDRC
ISBN 13 : 155250204X
Total Pages : 192 pages
Book Rating : 4.5/5 (525 download)

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Book Synopsis Our Continent, Our Future by : P. Thandika Mkandawire

Download or read book Our Continent, Our Future written by P. Thandika Mkandawire and published by IDRC. This book was released on 2014-05-14 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.

Small States in World Markets

Author : Peter J. Katzenstein
Publisher : Cornell University Press
ISBN 13 : 1501700367
Total Pages : 269 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis Small States in World Markets by : Peter J. Katzenstein

Download or read book Small States in World Markets written by Peter J. Katzenstein and published by Cornell University Press. This book was released on 2015-05-01 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: By the early 1980s the average American had a lower standard of living than the average Norwegian or Dane. Standards of living in the Netherlands, Belgium, Sweden, Switzerland, and Austria also rivaled those in the United States. How have seven small democracies achieved economic success and what can they teach America? In Small States in World Markets, Peter Katzenstein examines the successes of these economically vulnerable nations of Western Europe, showing that they have managed to stay economically competitive while at the same time preserving their political institutions. Too dependent on world trade to impose protection, and lacking the resources to transform their domestic industries, they have found a third solution. Their rapid and flexible response to market opportunity stems from what Katzenstein calls "democratic corporatism," a mixture of ideological consensus, centralized politics, and complex bargains among politicians, merest groups, and bureaucrats. Democratic corporatism is the solution these nations have developed in response to the economic crises of the 1930s and 1940s, the liberal international economy established after World War II, and the volatile markets of more recent years. Katzenstein maintains that democratic corporatism is an effective way of coping with a rapidly changing world, a more effective way than the United States and several other large industrial countries have yet managed to discover.

The Oxford Handbook of Transformations of the State

Author : Stephan Leibfried
Publisher : OUP Oxford
ISBN 13 : 0191643254
Total Pages : 928 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis The Oxford Handbook of Transformations of the State by : Stephan Leibfried

Download or read book The Oxford Handbook of Transformations of the State written by Stephan Leibfried and published by OUP Oxford. This book was released on 2015-06-11 with total page 928 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook offers a comprehensive treatment of transformations of the state, from its origins in different parts of the world and different time periods to its transformations since World War II in the advanced industrial countries, the post-Communist world, and the Global South. Leading experts in their fields, from Europe and North America, discuss conceptualizations and theories of the state and the transformations of the state in its engagement with a changing international environment as well as with changing domestic economic, social, and political challenges. The Handbook covers different types of states in the Global South (from failed to predatory, rentier and developmental), in different kinds of advanced industrial political economies (corporatist, statist, liberal, import substitution industrialization), and in various post-Communist countries (Russia, China, successor states to the USSR, and Eastern Europe). It also addresses crucial challenges in different areas of state intervention, from security to financial regulation, migration, welfare states, democratization and quality of democracy, ethno-nationalism, and human development. The volume makes a compelling case that far from losing its relevance in the face of globalization, the state remains a key actor in all areas of social and economic life, changing its areas of intervention, its modes of operation, and its structures in adaption to new international and domestic challenges.

Small States in Europe

Author : Robert Steinmetz
Publisher : Routledge
ISBN 13 : 131705430X
Total Pages : 234 pages
Book Rating : 4.3/5 (17 download)

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Book Synopsis Small States in Europe by : Robert Steinmetz

Download or read book Small States in Europe written by Robert Steinmetz and published by Routledge. This book was released on 2016-04-01 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: The effects of recent institutional change within the European Union on small states have often been overlooked. This book offers an accessible, coherent and informative analysis of contemporary and future foreign policy challenges facing small states in Europe. Leading experts analyze the experiences of a number of small states including the Netherlands, the Czech Republic, Slovakia, Luxembourg, Cyprus, Iceland, Austria and Switzerland. Each account, written to a common template, explores the challenges and opportunities faced by each state as a consequence of EU integration, and how their behaviour regarding EU integration has been characterized. In particular, the contributors emphasize the importance of power politics, institutional dynamics and lessons of the past. Innovative and sophisticated, the study draws on the relational understanding of small states to emphasize the implications of institutional change at the European level for the smaller states and to explain how the foreign and European policies of small states in the region are affected by the European Union.

The Great Transformation

Author : Karl Polanyi
Publisher : Penguin Classics
ISBN 13 : 9780241685556
Total Pages : 0 pages
Book Rating : 4.6/5 (855 download)

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Book Synopsis The Great Transformation by : Karl Polanyi

Download or read book The Great Transformation written by Karl Polanyi and published by Penguin Classics. This book was released on 2024-06-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'One of the most powerful books in the social sciences ever written. ... A must-read' Thomas Piketty 'The twentieth century's most prophetic critic of capitalism' Prospect Karl Polanyi's landmark 1944 work is one of the earliest and most powerful critiques of unregulated markets. Tracing the history of capitalism from the great transformation of the industrial revolution onwards, he shows that there has been nothing 'natural' about the market state. Instead of reducing human relations and our environment to mere commodities, the economy must always be embedded in civil society. Describing the 'avalanche of social dislocation' of his time, Polanyi's hugely influential work is a passionate call to protect our common humanity. 'Polanyi's vision for an alternative economy re-embedded in politics and social relations offers a refreshing alternative' Guardian 'Polanyi exposes the myth of the free market' Joseph Stiglitz With a new introduction by Gareth Dale

Ireland, Small Open Economies and European Integration

Author : D. Begg
Publisher : Springer
ISBN 13 : 1137559608
Total Pages : 253 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis Ireland, Small Open Economies and European Integration by : D. Begg

Download or read book Ireland, Small Open Economies and European Integration written by D. Begg and published by Springer. This book was released on 2016-04-12 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: David Begg examines how four small open economies- Finland, Denmark, the Netherlands and Ireland- have managed the stresses and strains of Europeanisation since the single market came into being, and as fault lines begin to appear within the European integration project. In particular, he drills down into the Irish Polity to see how its institutions have engaged with Europe and how decisions on critical issues like integration, EMU and Social Partnership were reached. He finds that both Ireland and Europe are at a critical juncture for different but interconnected reasons, and identifies the options that are available to them.

Small States in International Relations

Author : Christine Ingebritsen
Publisher : University of Washington Press
ISBN 13 : 0295802103
Total Pages : 352 pages
Book Rating : 4.2/5 (958 download)

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Book Synopsis Small States in International Relations by : Christine Ingebritsen

Download or read book Small States in International Relations written by Christine Ingebritsen and published by University of Washington Press. This book was released on 2012-09-01 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Smaller nations have a special place in the international system, with a striking capacity to defy the expectations of most observers and many prominent theories of international relations. This volume of classic essays highlights the ability of small states to counter power with superior commitment, to rely on tightly knit domestic institutions with a shared "ideology of social partnership," and to set agendas as "norm entrepreneurs." The volume is organized around themes such as how and why small states defy expectations of realist approaches to the study of power; the agenda-setting capacity of smaller powers in international society and in regional governance structures such as the European Union; and how small states and representatives from these societies play the role of norm entrepreneurs in world politics -- from the promotion of sustainable solutions to innovative humanitarian programs and policies..

Culture and Consensus in European Varieties of Capitalism

Author : I. Bruff
Publisher : Springer
ISBN 13 : 0230583431
Total Pages : 208 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis Culture and Consensus in European Varieties of Capitalism by : I. Bruff

Download or read book Culture and Consensus in European Varieties of Capitalism written by I. Bruff and published by Springer. This book was released on 2008-09-11 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using two milestones in the Dutch and German political economies - Wassenaar and Alliance for Jobs respectively - this book argues that Antonio Gramsci's 'common sense' provides us with the conceptual apparatus necessary for analysing the integral role played by culture and consensus in the trajectories of national capitalisms in Europe.

European Integration and Consensus Politics in the Low Countries

Author : Hans Vollaard
Publisher : Routledge
ISBN 13 : 1317704029
Total Pages : 275 pages
Book Rating : 4.3/5 (177 download)

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Book Synopsis European Integration and Consensus Politics in the Low Countries by : Hans Vollaard

Download or read book European Integration and Consensus Politics in the Low Countries written by Hans Vollaard and published by Routledge. This book was released on 2014-08-13 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Netherlands, Belgium and Luxembourg are well-known cases of consensus politics. Decision-making in the Low Countries has been characterized by broad involvement, power sharing and making compromises. These countries were also founding member states of the European Union (EU) and its predecessors. However, the relationship between European integration and the tradition of domestic consensus politics remains unclear. In order to explore this relationship this book offers in-depth studies of a wide variety of political actors such as governments, parliaments, political parties, courts, ministries and interest groups as well as key policy issues such as the ratification of EU treaties and migration policy. The authors focus not only on Europeanization, but also analyse whether European integration may gradually undermine the fundamental characteristics of consensus politics in the Low Countries. Drawing on consociationalism and Europeanization research, this volume provides a comprehensive overview of Europeanization in these three EU member states as well as a better understanding of the varieties of consensus politics across and within these countries. This book will be of interest to students and scholars of European studies, European integration, European law, political science, European political economy and comparative politics.

In the Red

Author : Zsofia Barta
Publisher : University of Michigan Press
ISBN 13 : 0472900927
Total Pages : 225 pages
Book Rating : 4.4/5 (729 download)

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Book Synopsis In the Red by : Zsofia Barta

Download or read book In the Red written by Zsofia Barta and published by University of Michigan Press. This book was released on 2018-03-22 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do rich countries flirt with fiscal disaster? Between the 1970s and the 2000s, during times of peace and prosperity, affluent countries—like Belgium, Greece, Italy, and Japan—accumulated so much debt that they became vulnerable and exposed themselves to the risk of default. In the past three decades, an extensive scholarly consensus emerged that these problems were created by fiscal indiscipline, the lack of sufficient concern for budgetary constraints from policy makers as they try to please voters. This approach formed the foundation for the fiscal surveillance system that attempted to bring borrowing in European countries under control via a set of fiscal rules. In the Red demonstrates that the problem of sustained, large-scale debt accumulation is an adjustment issue rather than a governance failure. Irrespective of whether the original impetus for borrowing arose from exogenous changes or irresponsible decision making, policy makers invariably initiate spending cuts and/or tax increases when debt grows at an alarming rate for several years in a row. Zsófia Barta argues that explaining why some countries accumulate substantial amounts of debt for decades hinges on understanding the conditions required to allow policy makers to successfully put into place painful adjustment measures.

The Welfare State as Crisis Manager

Author : P. Starke
Publisher : Springer
ISBN 13 : 1137314842
Total Pages : 332 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis The Welfare State as Crisis Manager by : P. Starke

Download or read book The Welfare State as Crisis Manager written by P. Starke and published by Springer. This book was released on 2013-05-07 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an in-depth analysis of social policy reactions to international economic shocks in four different welfare states, over a 40-year period. It reveals how expansion and retrenchment are shaped by domestic politics and existing welfare state institutions.

Social Policy in the Smaller European Union States

Author : Gary B. Cohen
Publisher : Berghahn Books
ISBN 13 : 0857452649
Total Pages : 292 pages
Book Rating : 4.8/5 (574 download)

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Book Synopsis Social Policy in the Smaller European Union States by : Gary B. Cohen

Download or read book Social Policy in the Smaller European Union States written by Gary B. Cohen and published by Berghahn Books. This book was released on 2011-12-01 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Europe and around the world, social policies and welfare services have faced increasing pressure in recent years as a result of political, economic, and social changes. Just as Europe was a leader in the development of the welfare state and the supportive structures of corporatist politics from the 1920s onward, Europe in particular has experienced stresses from globalization and striking innovation in welfare policies. While debates in the United Kingdom, Germany, and France often attract wide international attention, smaller European countries—Belgium, Denmark, Austria, or Finland—are often overlooked. This volume seeks to correct this unfortunate oversight as these smaller countries serve as models for reform, undertaking experiments that only later gain the attention of stymied reformers in the larger countries.

The Paradox of Vulnerability

Author : John L. Campbell
Publisher : Princeton University Press
ISBN 13 : 140088795X
Total Pages : 209 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis The Paradox of Vulnerability by : John L. Campbell

Download or read book The Paradox of Vulnerability written by John L. Campbell and published by Princeton University Press. This book was released on 2017-08-29 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are small and culturally homogeneous nation-states in the advanced capitalist world so prosperous? Examining how Denmark, Ireland, and Switzerland managed the 2008 financial crisis, The Paradox of Vulnerability shows that this is not an accident. John Campbell and John Hall argue that a prolonged sense of vulnerability within both the state and the nation encourages the development of institutions that enable decision makers to act together quickly in order to survive, especially during a crisis. Blending insights from studies of comparative political economy and nationalism and drawing on both extensive interviews and secondary data, Campbell and Hall support their claim by focusing on the three states historically and, more important, in their different responses to the 2008 crisis. The authors also devote attention to the difficulties faced by Greece and Iceland. The implications of their argument are profound. First, they show that there is a positive side to nationalism: social solidarity can enhance national prosperity. Second, because globalization now requires all states to become more adaptable, there are lessons here for other states, large and small. Lastly, the formula for prosperity presented here is under threat: highly homogeneous societies face challenges in dealing with immigration, with some responding in ways that threaten their success. The Paradox of Vulnerability demonstrates how the size and culture of a nation contribute in significant ways to its ability to handle political and economic pressures and challenges.

The World of States

Author : John L. Campbell
Publisher : Cambridge University Press
ISBN 13 : 1108832938
Total Pages : 281 pages
Book Rating : 4.1/5 (88 download)

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Book Synopsis The World of States by : John L. Campbell

Download or read book The World of States written by John L. Campbell and published by Cambridge University Press. This book was released on 2021-06-10 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This sweeping account of modern state forms analyzes what makes states effective, how contemporary states differ, and the interactions between them.

Monetary Union in Crisis

Author : B. Moss
Publisher : Springer
ISBN 13 : 0230524001
Total Pages : 336 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis Monetary Union in Crisis by : B. Moss

Download or read book Monetary Union in Crisis written by B. Moss and published by Springer. This book was released on 2004-12-09 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents a radical reinterpretation of the European Community or Union as a neo-liberal construction. It was neo-liberal rather than classically liberal because it was designed and used as an external instrument to weaken the interventionist welfare state that protected working people and strengthened the hand of labor. It was founded on the vision of a free market untrammelled by public intervention and worked to ensure competition, sound money and profitability against the inflationary force of workers and unions and the welfare state. Monetary union in particular restored profitability but produced slow growth, mass unemployment, and insecurity and came under challenge, most dramatically in France, by working people from below. This view is substantiated by an economically based study of member-state performance and complemented by a series of national studies on the monetarist turn by leading scholars.