Open Economies Closed Polities

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Open Economies, Closed Polities

Author : Igor O. Logvinenko
Publisher :
ISBN 13 :
Total Pages : 279 pages
Book Rating : 4.:/5 (919 download)

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Book Synopsis Open Economies, Closed Polities by : Igor O. Logvinenko

Download or read book Open Economies, Closed Polities written by Igor O. Logvinenko and published by . This book was released on 2015 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: This project investigates financial openness policies of authoritarian regimes during the modern age of globalized finance. Over the last quarter-century, increasingly restive publics and heightened international mobility of capital have complicated the task of governing authoritarian regimes. Financial globalization created immense opportunities for enrichment and further power consolidation, but it also made authoritarian elites increasingly vulnerable to political challenges that some regimes are better equipped to handle than others. Given this conundrum, I set out to explore the answers to the following questions: Why do some authoritarian regimes opt for greater financial openness than others? How are these decisions related to the tactics these regimes employ to remain in power? How does the nature of the asset base in the economy impact these decisions? This thesis develops a theoretical framework to address these questions, and also evaluates this theory empirically. I construct a game-theoretical argument that endogenizes financial openness policies in a model that accounts for the profit opportunities from openness and the risks associated with increased economic volatility for the authoritarian elites. I argue that when rulers consider adopting a policy of financial openness, they also take into account their ability to maintain political stability after doing so. Greater financial openness is a "double-edged sword": it can increase the value of specific assets, but it can also make the economy more susceptible to external crises. Capacity to use distributive policies to deal with political instability resulting from greater exposure to global financial markets allows authoritarian regimes to afford more financial openness. The argument is then evaluated in the cases of Russia, China and Kazakhstan. The empirical assessment confirms that a combination of control over country-specific wealth and a developed capacity for redistribution allow an authoritarian regime to "have it all," that is to maintain both openness and political stability.

Current Issues in Open Economy Macroeconomics

Author : J. L. Ford
Publisher :
ISBN 13 :
Total Pages : 248 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Current Issues in Open Economy Macroeconomics by : J. L. Ford

Download or read book Current Issues in Open Economy Macroeconomics written by J. L. Ford and published by . This book was released on 1990 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Open economy macroeconomics is a major focus of research interest stimulated in part by the increasing interdependence of the world economy and by the move towards floating exchange rates. This important new book addresses several central issues in the macroeconomic theory of different forms of open economies under differing degrees of dependency.

Macroeconomic Policy in Open Economies

Author : Michelle Fratianni
Publisher : Greenwood
ISBN 13 :
Total Pages : 602 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Macroeconomic Policy in Open Economies by : Michelle Fratianni

Download or read book Macroeconomic Policy in Open Economies written by Michelle Fratianni and published by Greenwood. This book was released on 1997-05-28 with total page 602 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on the international dimension of macroeconomic policy, this handbook covers the main areas of modern macroeconomic policy in open economies. The emphasis is on policy applications rather than the development of economic theory. There are three basic goals: (1) an understanding of how economic theories affect actual policy making, (2) a description of the institutional and conceptual development of the international economy, and (3) an explanation of the way policy-making institutions deal with the so-called international economy. The handbook consists of an introductory chapter and four parts. The first treats macroeconomic policy-making from the home country versus the rest of the world perspective. The second part stresses policies among interacting and reacting countries. The third part considers the development of world capital markets and the international monetary system as important parts of the policy environment. The final part details macroeconomic policies in the G7 and Latin American countries.

The Politics of Open Economies

Author : Alasdair Bowie
Publisher : Cambridge University Press
ISBN 13 : 0521583438
Total Pages : 259 pages
Book Rating : 4.5/5 (215 download)

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Book Synopsis The Politics of Open Economies by : Alasdair Bowie

Download or read book The Politics of Open Economies written by Alasdair Bowie and published by Cambridge University Press. This book was released on 1997-10-30 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the political and economic explanations for the success of the ASEAN countries in integrating their economies into the global economy. They analyse aspects of the domestic political and economic environment which have helped (or hindered) the four countries in becoming among the fastest-growing global economic players. The authors provide systematic comparisons across countries during four critical time periods, and offer an integrated perspective on the political economy of the region.

The American Political Economy

Author : Jacob S. Hacker
Publisher : Cambridge University Press
ISBN 13 : 1316516369
Total Pages : 487 pages
Book Rating : 4.3/5 (165 download)

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Book Synopsis The American Political Economy by : Jacob S. Hacker

Download or read book The American Political Economy written by Jacob S. Hacker and published by Cambridge University Press. This book was released on 2021-11-11 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective.

Exchange, Action, and Social Structure

Author : Milan Zafirovski
Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313076138
Total Pages : 298 pages
Book Rating : 4.3/5 (13 download)

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Book Synopsis Exchange, Action, and Social Structure by : Milan Zafirovski

Download or read book Exchange, Action, and Social Structure written by Milan Zafirovski and published by Bloomsbury Publishing USA. This book was released on 2001-07-30 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique volume provides a new interpretation and synthesis of network exchange theory in an effort to contribute to a neo-Weberian economic sociology. Arguing against commonly held assumptions about network exchange theory and its interpretation of all social actions as economic exchanges, Zafirovski seeks to explain these processes by employing an interdisciplinary approach and by examining the impact of social and institutional structures on market-economic exchange. The author argues that economic structure, processes, and actions are the outcomes of social action and institutions, not the other way around. This rehabilitation of economic sociology begins with a reconsideration of the character, scope, and development of the field. The author then grounds his sociological approach to economic exchange in social action and structure before examining the role of social motivations in economic exchange. He then examines the political structuration, the cultural constitution, and the social construction of economic exchange and exchange cycles. The book concludes with a discussion of the character and variation of economic exchange in comparative social systems and the relationships of exchange, economic development, and social variables. This unique and persuasive book is an important contribution to the study of economic sociology and sociological theory.

Open

Author : Kimberly Clausing
Publisher :
ISBN 13 : 0674919335
Total Pages : 361 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis Open by : Kimberly Clausing

Download or read book Open written by Kimberly Clausing and published by . This book was released on 2019-03-04 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the winds of trade war blowing as they have not done in decades, and Left and Right flirting with protectionism, a leading economist forcefully shows how a free and open economy is still the best way to advance the interests of working Americans. Globalization has a bad name. Critics on the Left have long attacked it for exploiting the poor and undermining labor. Today, the Right challenges globalization for tilting the field against advanced economies. Kimberly Clausing faces down the critics from both sides, demonstrating in this vivid and compelling account that open economies are a force for good, not least in helping the most vulnerable. A leading authority on corporate taxation and an advocate of a more equal economy, Clausing agrees that Americans, especially those with middle and lower incomes, face stark economic challenges. But these problems do not require us to retreat from the global economy. On the contrary, she shows, an open economy overwhelmingly helps. International trade makes countries richer, raises living standards, benefits consumers, and brings nations together. Global capital mobility helps both borrowers and lenders. International business improves efficiency and fosters innovation. And immigration remains one of America's greatest strengths, as newcomers play an essential role in economic growth, innovation, and entrepreneurship. Closing the door to the benefits of an open economy would cause untold damage. Instead, Clausing outlines a progressive agenda to manage globalization more effectively, presenting strategies to equip workers for a modern economy, improve tax policy, and establish a better partnership between labor and the business community. Accessible, rigorous, and passionate, Open is the book we need to help us navigate the debates currently convulsing national and international economics and politics.

Crisis

Author : Sylvia Walby
Publisher : John Wiley & Sons
ISBN 13 : 150950320X
Total Pages : 174 pages
Book Rating : 4.5/5 (95 download)

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Book Synopsis Crisis by : Sylvia Walby

Download or read book Crisis written by Sylvia Walby and published by John Wiley & Sons. This book was released on 2015-10-30 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are living in a time of crisis which has cascaded through society. Financial crisis has led to an economic crisis of recession and unemployment; an ensuing fiscal crisis over government deficits and austerity has led to a political crisis which threatens to become a democratic crisis. Borne unevenly, the effects of the crisis are exacerbating class and gender inequalities. Rival interpretations – a focus on ‘austerity’ and reduction in welfare spending versus a focus on ‘financial crisis’ and democratic regulation of finance – are used to justify radically diverse policies for the distribution of resources and strategies for economic growth, and contested gender relations lie at the heart of these debates. The future consequences of the crisis depend upon whether there is a deepening of democratic institutions, including in the European Union. Sylvia Walby offers an alternative framework within which to theorize crisis, drawing on complexity science and situating this within the wider field of study of risk, disaster and catastrophe. In doing so, she offers a critique and revision of the social science needed to understand the crisis.

Open-Economy Politics

Author : Robert H. Bates
Publisher : Princeton University Press
ISBN 13 : 0691221766
Total Pages : 239 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Open-Economy Politics by : Robert H. Bates

Download or read book Open-Economy Politics written by Robert H. Bates and published by Princeton University Press. This book was released on 2020-11-10 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Coffee is traded in one of the few international markets ever subject to effective political regulation. In Open-Economy Politics, Robert Bates explores the origins, the operations, and the collapse of the International Coffee Organization, an international "government of coffee" that was formed in the 1960s. In so doing, he addresses key issues in international political economy and comparative politics, and analyzes the creation of political institutions and their impact on markets. Drawing upon field work in East Africa, Colombia, and Brazil, Bates explores the domestic sources of international politics within a unique theoretical framework that blends game theoretic and more established approaches to the study of politics. The book will appeal to those interested in international political economy, comparative politics, and the political economy of development, especially in Latin America and Africa, and to readers wanting to learn more about the economic and political realities that underlie the coffee market. It is also must reading for those interested in "the new institutionalism" and modern political economy.

Open versus Closed

Author : Christopher D. Johnston
Publisher : Cambridge University Press
ISBN 13 : 1107120462
Total Pages : 299 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis Open versus Closed by : Christopher D. Johnston

Download or read book Open versus Closed written by Christopher D. Johnston and published by Cambridge University Press. This book was released on 2017-02-17 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains how deep-seated personality traits shape citizens' attitudes toward economic redistribution, and what it means for American democracy. It will be of interest to researchers from across the social sciences, as well as citizens, pundits, political observers, and commentators from across the political spectrum.

The Sociology of Globalization

Author : Luke Martell
Publisher : Polity
ISBN 13 : 0745636748
Total Pages : 345 pages
Book Rating : 4.7/5 (456 download)

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Book Synopsis The Sociology of Globalization by : Luke Martell

Download or read book The Sociology of Globalization written by Luke Martell and published by Polity. This book was released on 2010-03-08 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: List of Figures, Tables and Boxes p. vi Introduction: Concepts of Globalization p. 1 1 Perspectives on Globalization: Divergence or Convergence? p. 19 2 The History of Globalization: Pre-modern, Modern or Postmodern? p. 43 3 Technology, Economy and the Globalization of Culture p. 67 4 The Globalization of Culture: Homogeneous or Hybrid? p. 89 5 Global Migration: Inequality and History p. 105 6 The Effects of Migration: Is Migration a Problem or a Solution? p. 120 7 The Global Economy: Capitalism and the Economic Bases of Globalization p. 135 8 Global Inequality: Is Globalization a Solution to World Poverty? p. 159 9 Politics, the State and Globalization: The End of the Nation-state and Social Democracy? p. 188 10 Global Politics and Cosmopolitan Democracy p. 214 11 Anti-globalization and Global Justice Movements p. 239 12 The Future World Order: The Decline of American Power? p. 259 13 War and Globalization p. 287 Conclusion p. 310 Acknowledgements p. 316 References p. 317 Index.

When Can Oil Economies Be Deemed Sustainable?

Author : Giacomo Luciani
Publisher : Springer Nature
ISBN 13 : 9811557284
Total Pages : 365 pages
Book Rating : 4.8/5 (115 download)

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Book Synopsis When Can Oil Economies Be Deemed Sustainable? by : Giacomo Luciani

Download or read book When Can Oil Economies Be Deemed Sustainable? written by Giacomo Luciani and published by Springer Nature. This book was released on 2020-09-30 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book questions the stereotype depicting all Gulf (GCC) economies as not sustainable, and starts a critical discussion of what these economies and polities should do to guarantee themselves a relatively stable future. Volatile international oil markets and the acceleration of the energy transition has challenged the notion that oil revenues are sufficient to sustain oil economies in the near to medium term. But what is the meaning of economic sustainability? The book discusses the multiple dimensions of the concept: economic diversification, continuing value of resources, taxation and fiscal development, labor market sustainability, sustainable income distribution, environmental sustainability, political order (democracy or authoritarianism) and sustainability, regional integration. The overarching message in this book is that we should move on from the simplistic branding of the Gulf economies as unsustainable and tackle the details of which adaptations they might need to undertake.

The Oxford Handbook of European History, 1914-1945

Author : Nicholas Doumanis
Publisher : Oxford University Press
ISBN 13 : 0191017760
Total Pages : 729 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis The Oxford Handbook of European History, 1914-1945 by : Nicholas Doumanis

Download or read book The Oxford Handbook of European History, 1914-1945 written by Nicholas Doumanis and published by Oxford University Press. This book was released on 2016-05-05 with total page 729 pages. Available in PDF, EPUB and Kindle. Book excerpt: The period spanning the two World Wars was unquestionably the most catastrophic in Europe's history. Despite such undeniably progressive developments as the radical expansion of women's suffrage and rising health standards, the era was dominated by political violence and chronic instability. Its symbols were Verdun, Guernica, and Auschwitz. By the end of this dark period, tens of millions of Europeans had been killed and more still had been displaced and permanently traumatized. If the nineteenth century gave Europeans cause to regard the future with a sense of optimism, the early twentieth century had them anticipating the destruction of civilization. The fact that so many revolutions, regime changes, dictatorships, mass killings, and civil wars took place within such a compressed time frame suggests that Europe experienced a general crisis. The Oxford Handbook of European History, 1914-1945 reconsiders the most significant features of this calamitous age from a transnational perspective. It demonstrates the degree to which national experiences were intertwined with those of other nations, and how each crisis was implicated in wider regional, continental, and global developments. Readers will find innovative and stimulating chapters on various political, social, and economic subjects by some of the leading scholars working on modern European history today.

International Relations in India: Theorising the region and nation

Author : Kanti P. Bajpai
Publisher : Orient Blackswan
ISBN 13 : 9788125026402
Total Pages : 428 pages
Book Rating : 4.0/5 (264 download)

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Book Synopsis International Relations in India: Theorising the region and nation by : Kanti P. Bajpai

Download or read book International Relations in India: Theorising the region and nation written by Kanti P. Bajpai and published by Orient Blackswan. This book was released on 2005 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Companion Volume To International Relations In India: Bringing Theory Back Home Deals With The Interplay Between Identities And Foreign Policy, Borders And Notions Of Territoriality And Critical Geopolitics. The Book Also Makes Room For New Interpretations Of Conventional Areas Of International Relations Such As Power And Violence, Thereby Creating The Conditions For A Sustained And Serious Theoretical Conversation Of The Discipline In India. Of Particular Relevance Are Contributions In The Field Of International Political Economy, An Area Of Traditional Neglect In The South Asian Setting.

The Politics of Southeast Asia's New Media

Author : William Atkins
Publisher : Routledge
ISBN 13 : 1136860622
Total Pages : 252 pages
Book Rating : 4.1/5 (368 download)

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Book Synopsis The Politics of Southeast Asia's New Media by : William Atkins

Download or read book The Politics of Southeast Asia's New Media written by William Atkins and published by Routledge. This book was released on 2013-11-19 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past decade has seen a major structural shift in broadcasting in Southeast Asia, with the development of digital satellite and cable broadcasting. This shift has impacted upon some of the most information-sensitive governments in the world: Singapore, Malaysia and, until recently, Indonesia. Atkins traces this development in five countries, showing that the challenge to authoritarian regimes, anticipated by modern theorists as a result of the globalization of news and information, is not materializing. Instead, a new commercial elite has arisen, Southeast Asia's own mini-moguls, who act as gatekeepers for state interests, as partners to global media companies.

Do Central Banks Serve the People?

Author : Peter Dietsch
Publisher : John Wiley & Sons
ISBN 13 : 1509525807
Total Pages : 78 pages
Book Rating : 4.5/5 (95 download)

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Book Synopsis Do Central Banks Serve the People? by : Peter Dietsch

Download or read book Do Central Banks Serve the People? written by Peter Dietsch and published by John Wiley & Sons. This book was released on 2018-08-16 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Central banks have become the go-to institution of modern economies. In the wake of the 2007 financial crisis, they injected trillions of dollars of liquidity – through a process known as quantitative easing – first to prevent financial meltdown and later to stimulate the economy. The untold story behind these measures, and behind the changing roles of central banks generally, is that they have come at a considerable cost. Central banks argue we had no choice. This book offers a powerfully original examination of why this claim is false. Using examples from Europe and the US, the authors present and analyse three specific concerns about the way central banks in developed economies operate today. Firstly, they show how unconventional monetary policies have created significant unintended negative consequences in terms of inequalities in income and wealth. They go on to argue that central banks may have become independent of governments, but have instead become worryingly dependent on financial markets. They then proceed to analyse how central bankers, despite being the undisputed experts on monetary policy, can still err and suffer from multiple forms of bias. This book is a sobering and urgent wake-up call for policy-makers and anyone interested in how our monetary and financial system really works.

Economic Crisis and Policy Choice

Author : Joan M. Nelson
Publisher : Princeton University Press
ISBN 13 : 0691228159
Total Pages : 392 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Economic Crisis and Policy Choice by : Joan M. Nelson

Download or read book Economic Crisis and Policy Choice written by Joan M. Nelson and published by Princeton University Press. This book was released on 2021-04-13 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: The acute economic pressures of the 1980s have forced virtually all of Latin America and Africa and some countries in Asia into painful austerity programs and difficult economic reforms. Scholars have intensively analyzed the economics of this situation, but they have given much less attention to the political forces involved. In this volume a number of eminent contributors analyze the politics of adjustment in thirteen countries and nineteen governments, drawing comparisons not only across the full set of cases but also within clusters selected to clarify specific issues. Why do some governments respond promptly to signs of economic trouble, while others muddle indecisively for years? Why do some confine their response to temporary macroeconomic measures, while others adopt broader, even sweeping, programs of reform? What leads some countries to experiment with heterodox approaches, while most, however reluctantly, pursue orthodox courses? Why, confronted with intense political protest, have some governments persisted while others have altered or abandoned course? The answers to these questions are political, not economic, and they are examined here by Thomas M. Callaghy, Stephan Haggard, Miles Kahler, Robert R. Kauman, Joan M. Nelson, and Barbara Stallings.