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The Politics Of Economic Liberalization
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Book Synopsis The Politics of Economic Liberalization by : Bruno Wueest
Download or read book The Politics of Economic Liberalization written by Bruno Wueest and published by Springer. This book was released on 2017-10-12 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the discourses of economic liberalization reform in six Western European countries – Germany, France, the United Kingdom, the Netherlands, Switzerland and Austria. It provides systematic empirical evidence that policy-related discourses are much more than noise; rather, they are detailed expressions of institutional complementarities and political struggles. The author posits that the more open a discourse, the broader the range of perceived interests, which, in turn, increases the intensity of conflicts. Similarly, the more public discourse centres on coordination, the more intense actors need to engage with opposite interests, which most probably intensifies political disputes as well. Moreover, Wueest argues that the formation of a consensus within the political mainstream has left a vacuum for outsider parties such as Syriza in Greece and Podemos in Spain to feed on the contentiousness of economic liberalization policies.
Book Synopsis The Politics of Economic Liberalization in Indonesia by : Andrew Rosser
Download or read book The Politics of Economic Liberalization in Indonesia written by Andrew Rosser and published by Routledge. This book was released on 2013-07-04 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the dynamics shaping the economic process of economic liberalisation in Indonesia since the mid-1980's. Much writing on the process of economic liberalisation in developing countries views economic liberalisation as the victory of economic rationality over political and social interests. In contrast, this book argues that economic liberalisation should not be understood in these terms, but rather in the way that political social interests shape processes of economic reform in both a positive and negative sense. Specifically, Rosser argues that economic liberalisation needs to be understood in terms of the extent to which economic crises shift the balance of power and influence within society away from coalitions opposed to reform and towards those in favour of reform. In the Indonesian context, the main coalitions that need to be examined in this respect are the politico-bureaucrats and the conglomerates who have generally opposed reform and mobile capitalists who have generally supported reform. Based on extensive original research, and providing much new material, the book considers the politics of economic policy-making in Indonesia in a range of sectors including the capital market, intellectual property law, the banking industry, and the trade and investment sectors. Analysing why the nature of economic policy in Indonesia has varied over time, this study argues that there is nothing inevitable about a transition to a fully-fledged liberal market order in Indonesia, and outlines possible future scenarios for the country's political economy.
Book Synopsis The Political Economy of Policy Reform by : John Williamson
Download or read book The Political Economy of Policy Reform written by John Williamson and published by Peterson Institute. This book was released on 1994 with total page 630 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policymakers around the world have increasingly agreed that macroeconomic discipline, microeconomic liberalization, and outward orientation are prerequisites for economic success. But what are the political conditions that make economic transformation possible? At a conference held at the Institute for International Economics, leaders of economic reform recounted their efforts to bring about change and discussed the impact of the political climate on the success of their efforts. In this book, these leaders explore the political conditions conducive to the success of policy reforms. Did economic crisis strengthen the hands of the reformers? Was the rapidity with which reforms were instituted crucial? Did the reformers have a "honeymoon" period in which to transform the economy? The authors answer these and other questions, as well as providing first-hand accounts of the politically charged atmosphere surrounding reform efforts in their countries.
Book Synopsis The Politics of Economic Liberalization in Indonesia by : Andrew Rosser
Download or read book The Politics of Economic Liberalization in Indonesia written by Andrew Rosser and published by Routledge. This book was released on 2013-07-04 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the dynamics shaping the economic process of economic liberalisation in Indonesia since the mid-1980's. Much writing on the process of economic liberalisation in developing countries views economic liberalisation as the victory of economic rationality over political and social interests. In contrast, this book argues that economic liberalisation should not be understood in these terms, but rather in the way that political social interests shape processes of economic reform in both a positive and negative sense. Specifically, Rosser argues that economic liberalisation needs to be understood in terms of the extent to which economic crises shift the balance of power and influence within society away from coalitions opposed to reform and towards those in favour of reform. In the Indonesian context, the main coalitions that need to be examined in this respect are the politico-bureaucrats and the conglomerates who have generally opposed reform and mobile capitalists who have generally supported reform. Based on extensive original research, and providing much new material, the book considers the politics of economic policy-making in Indonesia in a range of sectors including the capital market, intellectual property law, the banking industry, and the trade and investment sectors. Analysing why the nature of economic policy in Indonesia has varied over time, this study argues that there is nothing inevitable about a transition to a fully-fledged liberal market order in Indonesia, and outlines possible future scenarios for the country's political economy.
Book Synopsis The Order of Economic Liberalization by : Ronald I. Mckinnon
Download or read book The Order of Economic Liberalization written by Ronald I. Mckinnon and published by JHU Press. This book was released on 1993-10 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can knowledge of financial policies in developing countries over four decades help the socialist economies of Asia and Eastern Europe become open market economies in the 1990s? In all these countries the loss of fiscal and monetary control has often resulted in high inflation that undermines the liberalization process itself. In the second edition of The Order of Economic Liberalization, Ronald McKinnon builds on his influential work on the liberalization of financial markets in less developed countries and outlines the progression necessary to move from a "repressed" to an open economy. New to this edition are chapters that contrast the gradual Chinese approach to liberalizing domestic and foreign trade with the "big bang" approach followed by some Eastern European countries and republics of the former Soviet Union. Financial control and macroeconomic stability, McKinnon argues, are more critical to a successful transition than is any crash program to privatize state-owned industrial assets and the banking system.
Book Synopsis Liberalization Against Democracy by : Stephen J. King
Download or read book Liberalization Against Democracy written by Stephen J. King and published by Indiana University Press. This book was released on 2003-06-18 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation Local-level study of a rural Tunisian town that illustrates why market-oriented economic reforms have not necessarily led to politicl liberalization. Indiana Series in Middle East Studies Mark Tessler, general editor.
Book Synopsis The Cultural Politics of Markets by : Katharine N. Rankin
Download or read book The Cultural Politics of Markets written by Katharine N. Rankin and published by University of Toronto Press. This book was released on 2004-01-01 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a neoliberal era, when the ideology of the free market governs community development as much as international trade, a conflict between capital and tradition is inevitable. Issues such as the value ascribed to honour and social prestige are difficult to negotiate with economic opportunity. Using the example of a 'traditional' Nepalese market town, Katharine Neilson Rankin explores how economic liberalization has blended with local cultures of value. Utilizing the ethnographic method of anthropology and the comparative and normative thrust of geography, Rankin undertakes a critique of neoliberal approaches to development. She demonstrates how market-led development does not expand opportunity, but rather deepens existing injustice and inequality, which is further exacerbated by planners eager to implement market-led approaches relying on naively idealistic notions of 'social capital' to expand poor people's access to the market. The Cultural Politics of Markets makes a clear case for a strategic merger between anthropological and planning perspectives in thinking about the issue of market transformation.
Book Synopsis The Origins of Liberty by : Paul W. Drake
Download or read book The Origins of Liberty written by Paul W. Drake and published by Princeton University Press. This book was released on 2021-03-09 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why would sovereigns ever grant political or economic liberty to their subjects? Under what conditions would rational rulers who possess ultimate authority and who seek to maximize power and wealth ever give up any of that authority? This book draws on a wide array of empirical and theoretical approaches to answer these questions, investigating both why sovereign powers might liberalize and when. The contributors to this volume argue that liberalization or democratization will only occur when those in power calculate that the expected benefits to them will exceed the costs. More specifically, rulers take five main concerns into account in their cost-benefit analysis as they decide to reinforce or relax controls: personal welfare, personal power, internal order, external order, and control over policy--particularly economic policy. The book shows that repression is a tempting first option for rulers seeking to maximize their benefits, but that liberalization becomes more attractive as a means of minimizing losses when it becomes increasingly certain that the alternatives are chaos, deposition, or even death. Chapters cover topics as diverse as the politics of seventeenth-century England and of twentieth-century Chile; why so many countries have liberalized in recent decades; and why even democratic governments see a need to reduce state power. The book makes use of formal modeling, statistical analysis, and traditional historical analysis. The contributors are Paul Drake, Stephen Haggard, William Heller, Robert Kaufman, Phil Keefer, Brian Loveman, Mathew McCubbins, Douglass North, Ronald Rogowski, and Barry Weingast.
Book Synopsis Democratic Politics and Economic Reform in India by : Rob Jenkins
Download or read book Democratic Politics and Economic Reform in India written by Rob Jenkins and published by Cambridge University Press. This book was released on 1999 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes issue with existing theories of the relationship between democracy and economic liberalisation.
Book Synopsis The Global Political Economy of Trade Protectionism and Liberalization by : Tony Heron
Download or read book The Global Political Economy of Trade Protectionism and Liberalization written by Tony Heron and published by Routledge. This book was released on 2012-06-25 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the widely-accepted premise that free trade is the best means of maximising overall societal welfare, why has it proven so difficult to achieve in certain industries? This book tackles arguably the most perennial and deep-rooted of all questions in political economy, and questions the incumbent orthodox liberal theories of collective action. Using a historical institutionalist framework to explore and explain the political economy of trade protectionism and liberalization, this book is based on detailed case studies of the textiles and clothing sector in the EU, United States, China, Caribbean Basin and sub-Saharan Africa. From this, the book expands to discuss the origins of trade protectionism and examine the wider political effects of liberalization, offering an explanation of why a successful conclusion to the WTO ‘Doha’ round has proven to be so elusive. The book argues that the regulation of global trade - and the economic consequences that this has for both developed and developing countries - has been the result of the particular way in which trade preferences are mediated through political institutions. The Global Political Economy of Trade Protectionism and Liberalization will be of interest to those studying and researching international and comparative political economy, developing area studies, economics, law and geography.
Book Synopsis The Implications of China-Taiwan Economic Liberalization by : Daniel H. Rosen
Download or read book The Implications of China-Taiwan Economic Liberalization written by Daniel H. Rosen and published by Peterson Institute. This book was released on 2011 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: China and Taiwan have built one of the most intertwined and important economic relationships in the world, and yet that relationship is not mutually open, compliant with World Trade Organization norms, or even fully institutionalized. What's more, despite massive trade and investment flows, the boundary between the two is a serious flashpoint for potential conflict. But leaders in Beijing and Taipei have committed to normalize and deepen their economic intercourse and open a new post-Cold War era in their relationship. While the political significance of this gambit has captured attention worldwide, the scope of opening intended and the bilateral, regional, and global effects likely to ensue are as yet poorly understood. This volume attempts to remedy that uncertainty with careful modeling combined with a qualitative assessment of the implications of the cross-strait economic opening now agreed in an Economic Cooperation Framework Agreement (ECFA). The study explores the implications for Taiwan and China, for their neighbors, and for the United States if this undertaking is fully implemented by 2020.
Book Synopsis Varieties of Liberalization and the New Politics of Social Solidarity by : Kathleen Thelen
Download or read book Varieties of Liberalization and the New Politics of Social Solidarity written by Kathleen Thelen and published by Cambridge University Press. This book was released on 2014-03-31 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines contemporary changes in labor market institutions in the United States, Germany, Denmark, Sweden, and the Netherlands, focusing on developments in three arenas - industrial relations, vocational education and training, and labor market policy. While confirming a broad, shared liberalizing trend, it finds that there are in fact distinct varieties of liberalization associated with very different distributive outcomes. Most scholarship equates liberal capitalism with inequality and coordinated capitalism with higher levels of social solidarity. However, this study explains why the institutions of coordinated capitalism and egalitarian capitalism coincided and complemented one another in the "Golden Era" of postwar development in the 1950s and 1960s, and why they no longer do so. Contrary to the conventional wisdom, this study reveals that the successful defense of the institutions traditionally associated with coordinated capitalism has often been a recipe for increased inequality due to declining coverage and dualization. Conversely, it argues that some forms of labor market liberalization are perfectly compatible with continued high levels of social solidarity and indeed may be necessary to sustain it.
Book Synopsis The Politics of Economic Liberalization by : Robert A. Packenham
Download or read book The Politics of Economic Liberalization written by Robert A. Packenham and published by . This book was released on 1994 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Models of Economic Liberalization by : Sebastián Etchemendy
Download or read book Models of Economic Liberalization written by Sebastián Etchemendy and published by Cambridge University Press. This book was released on 2011-09-26 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to explain the variation in the models of economic liberalization across Ibero-America in the last quarter of the twentieth century, and the legacies they produced for the current organization of the political economies. Although the macroeconomics of effective market adjustment evolved in a similar way, the patterns of compensation delivered by neoliberal governments and the type of actors in business and the working class that benefited from them were remarkably different. Etchemendy argues that the most decisive factors that shape adjustment paths are the type of regime and the economic and organizational power with which business and labor emerged from the inward-oriented model. The analysis spans from the origins of state, business and labor industrial actors in the 1930s and 1940s to the politics of compensation under neoliberalism across the Ibero-American world, combined with extensive field work material on Spain, Argentina and Chile.
Book Synopsis Political and Economic Liberalisation in Zambia 1991-2001 by : Lise Rakner
Download or read book Political and Economic Liberalisation in Zambia 1991-2001 written by Lise Rakner and published by Nordic Africa Institute. This book was released on 2003 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title analyses the implementation of political and economic liberalisation in Zambia during the first two electin periods (1991 - 2001).
Book Synopsis Economic Change and Political Liberalization in Sub-Saharan Africa by : Jennifer A. Widner
Download or read book Economic Change and Political Liberalization in Sub-Saharan Africa written by Jennifer A. Widner and published by . This book was released on 1994 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aims to establish the nature of the relationship between the economic challenges of the 1980s and the steps toward greater political openness taken by governments at the end of that decade.
Book Synopsis The Politics of Economic Adjustment by : Stephan Haggard
Download or read book The Politics of Economic Adjustment written by Stephan Haggard and published by Princeton University Press. This book was released on 1992 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a collection of essays offering comparative analysis of the divergent experiences of developing countries responding to economic crises by adopting macroeconomic stabilization and structural adjustment policies.
