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Politics Of The Global Economic Crisis
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Book Synopsis Framing the Global Economic Downturn by : Paul 't Hart
Download or read book Framing the Global Economic Downturn written by Paul 't Hart and published by ANU E Press. This book was released on 2009-09-01 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economic downturn that followed the collapse of major US financial institutions is no doubt the most significant crisis of our times. Its effects on corporate and governmental balance sheets have been devastating, as have been its impacts on the employment and well being of tens of millions of citizens. It continues to pose major challenges to national policymakers and institutions around the world. Managing public uncertainty and anxiety is vital in coping with financial crises. This requires not just prompt action but, most of all, persuasive communication by government leaders. At the same time, the very occurrence of such crises raises acute questions about the effectiveness and robustness of current government policies and institutions. With the stakes being so high, defining and interpreting what is going on, how and why it happened, and what ought to be done now become key questions in the political and policy struggles that crises invariably unleash. In this volume, we study how heads of government, finance ministers and national bank governors in eight countries as well as the EU engage in such 'framing contests', and how their attempts to interpret the cascading events of the economic downturn were publicly received. Using systematic content analysis of speeches and media coverage, this volume offers a unique comparative assessment of public leadership in times of crisis.
Book Synopsis Crisis in the Global Economy by : Andrea Fumagalli
Download or read book Crisis in the Global Economy written by Andrea Fumagalli and published by Semiotext(e) / Active Agents. This book was released on 2010-04-09 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Crisis in the Global Economy' reflects on the state of global capitalism, developed in the mobile 'multiversity' of the UniNomade network of international researchers and activists during the months immediately following the first signals of the current financial and economic crisis.
Book Synopsis Before and Beyond the Global Economic Crisis by : Mats Benner
Download or read book Before and Beyond the Global Economic Crisis written by Mats Benner and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: ÔThis outstanding book examines whether and how the finance-led growth model can be transformed. The authorsÕ insightful analyses make significant contributions to our understanding of the global economic crisis since 2008 and the search for possible new paths beyond the crisis.Õ Ð Stein Kuhnle, University of Bergen, Norway and Hertie School of Governance, Germany ÔThis book sheds a powerful light on the current uncertainty of the world economy. Indispensable reading for understanding the roots of the crisis and the possible ways out.Õ Ð Carlota Perez, Technological University of Tallinn, Estonia and London School of Economics, UK This timely and far-reaching book addresses the long-term impact of the recent global economic crisis. New light is shed on the crisis and its historical roots, and resolutions for a more robust, resilient future socio-economic model are prescribed. Leading experts across a range of field including macroeconomics, politics, economic history, social policy, linguistics and global economic relations address key issues emerging from the crisis. They consider whether a new era in interactions between state, society and markets is actually dawning, and whether the finance-led economic growth model will be transformed into a new and more stable model. The role of the crisis in economy, polity and society, in shaking up existing institutional regimes and in paving the way for new ones is also discussed. Post-crisis combinations of state-society-economy relations are identified, and the question of whether the crisis has led to the reconsideration of economic relations and their institutional embeddedness is explored. This challenging book will provide a thought provoking read for academics, students and researchers focusing on economics, political science and sociology. Policymakers in the fields of economic, industrial and social policy will also find this book to be an informative point of reference.
Book Synopsis Russia After the Global Economic Crisis by : Anders Åslund
Download or read book Russia After the Global Economic Crisis written by Anders Åslund and published by Columbia University Press. This book was released on 2010-06-15 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Russia After the Global Economic Crisis examines this important country after the financial crisis of 2007–09. The second book from The Russia Balance Sheet Project, a collaboration of two of the world's preeminent research institutions, the Peterson Institute for International Economics and the Center for Strategic and International Studies (CSIS), not only assesses Russia's international and domestic policy challenges but also provides an all-encompassing review of this important country's foreign and domestic issues. The authors consider foreign policy, Russia and its neighbors, climate change, Russia's role in the world, domestic politics, and corruption.
Download or read book Global Slump written by David McNally and published by PM Press. This book was released on 2010-12-09 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global Slump analyzes the global financial meltdown as the first systemic crisis of the neoliberal stage of capitalism. It argues that—far from having ended—the crisis has ushered in a whole period of worldwide economic and political turbulence. In developing an account of the crisis as rooted in fundamental features of capitalism, Global Slump challenges the view that its source lies in financial deregulation. The book locates the recent meltdown in the intense economic restructuring that marked the recessions of the mid-1970s and early 1980s. Through this lens, it highlights the emergence of new patterns of world inequality and new centers of accumulation, particularly in East Asia, and the profound economic instabilities these produced. Global Slump offers an original account of the “financialization” of the world economy during this period, and explores the intricate connections between international financial markets and new forms of debt and dispossession, particularly in the Global South. Analyzing the massive intervention of the world’s central banks to stave off another Great Depression, Global Slump shows that, while averting a complete meltdown, this intervention also laid the basis for recurring crises for poor and working class people: job loss, increased poverty and inequality, and deep cuts to social programs. The book takes a global view of these processes, exposing the damage inflicted on countries in the Global South, as well as the intensification of racism and attacks on migrant workers. At the same time, Global Slump also traces new patterns of social and political resistance—from housing activism and education struggles, to mass strikes and protests in Martinique, Guadeloupe, France and Puerto Rico—as indicators of the potential for building anti-capitalist opposition to the damage that neoliberal capitalism is inflicting on the lives of millions.
Book Synopsis Politics of the Global Economic Crisis by : Sreeram Chaulia
Download or read book Politics of the Global Economic Crisis written by Sreeram Chaulia and published by Routledge. This book was released on 2014-03-21 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: A crucial commentary on the worst global economic crisis since the Great Depression, this book argues for ‘Three Rs’ — Regulation, Responsibility and Radicalism — i.e., state regulation of finance, state responsibility towards society, and radical social movements to fight for economic justice. It will interest scholars and researchers in international political economy, politics, international relations, and economics, as also policymakers and the informed general reader.
Book Synopsis Coping with Crisis by : Nancy Bermeo
Download or read book Coping with Crisis written by Nancy Bermeo and published by Russell Sage Foundation. This book was released on 2012-09-06 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial crisis that erupted on Wall Street in 2008 quickly cascaded throughout much of the advanced industrial world. Facing the specter of another Great Depression, policymakers across the globe responded in sharply different ways to avert an economic collapse. Why did the response to the crisis—and its impact on individual countries—vary so greatly among interdependent economies? How did political factors like public opinion and domestic interest groups shape policymaking in this moment of economic distress? Coping with Crisis offers a rigorous analysis of the choices societies made as a devastating global economic crisis unfolded. With an ambitiously broad range of inquiry, Coping with Crisis examines the interaction between international and domestic politics to shed new light on the inner workings of democratic politics. The volume opens with an engaging overview of the global crisis and the role played by international bodies like the G-20 and the WTO. In his survey of international initiatives in response to the recession, Eric Helleiner emphasizes the limits of multilateral crisis management, finding that domestic pressures were more important in reorienting fiscal policy. He also argues that unilateral decisions by national governments to hold large dollar reserves played the key role in preventing a dollar crisis, which would have considerably worsened the downturn. David R. Cameron discusses the fiscal responses of the European Union and its member states. He suggests that a profound coordination problem involving fiscal and economic policy impeded the E.U.'s ability to respond in a timely and effective manner. The volume also features several case studies and country comparisons. Nolan McCarty assesses the performance of the American political system during the crisis. He argues that the downturn did little to dampen elite polarization in the U.S.; divisions within the Democratic Party—as well as the influence of the financial sector—narrowed the range of policy options available to fight the crisis. Ben W. Ansell examines how fluctuations in housing prices in 30 developed countries affected the policy preferences of both citizens and political parties. His evidence shows that as housing prices increased, homeowners expressed preferences for both lower taxes and a smaller safety net. As more citizens supplement their day-to-day income with assets like stocks and housing, Ansell's research reveals a potentially significant trend in the formation of public opinion. Five years on, the prospects for a prolonged slump in economic activity remain high, and the policy choices going forward are contentious. But the policy changes made between 2007 and 2010 will likely constrain any new initiatives in the future. Coping with Crisis offers unmatched analysis of the decisions made in the developed world during this critical period. It is an essential read for scholars of comparative politics and anyone interested in a comprehensive account of the new international politics of austerity.
Book Synopsis Politics in the New Hard Times by : Miles Kahler
Download or read book Politics in the New Hard Times written by Miles Kahler and published by Cornell University Press. This book was released on 2013-04-15 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Great Recession and its aftershocks, including the Eurozone banking and debt crisis, add up to the worst global economic crisis since the Great Depression of the 1930s. Although economic explanations for the Great Recession have proliferated, the political causes and consequences of the crisis have received less systematic attention. Politics in the New Hard Times is the first book to focus on the Great Recession as a political crisis, one with both political sources and political consequences. The authors examine variation in crises over time and across countries, rather than treating these events as undifferentiated shocks. Chapters also explore how crisis has forced the redefinition and reinforcement of interests at the level of individual attitudes and in national political coalitions. Throughout, the authors stress that the Great Recession is only the latest in a long history of international economic crises with significant political effects—and that it is unlikely to be the last.
Book Synopsis Global Economic Crisis and the Politics of Diversity by : Y. Atasoy
Download or read book Global Economic Crisis and the Politics of Diversity written by Y. Atasoy and published by Springer. This book was released on 2014-01-01 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: An interdisciplinary group of scholars from the global North and South critically explore the global deepening of market economy models. In case studies including Asia, the Middle East and Latin America, they examine the associated tensions of livelihood and ecology in the current context of global economic crisis, considering issues of natural ecology, water use, health, childcare, technology and work, migration, and economic growth. The analysis of the complex connections between domestic and global dynamics across diverse cases and issues helps reveal that state-centric approaches are still hovering over the politics of restructuring through which conformity to economic growth is addressed.
Book Synopsis Economic Crises and Global Politics in the 20th Century by : Alexander Nützenadel
Download or read book Economic Crises and Global Politics in the 20th Century written by Alexander Nützenadel and published by Routledge. This book was released on 2016-04-08 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the history of economic crises from the angle of international politics and its transformation throughout the 20th century. While political and economic debates in the wake of the present financial crisis are revolving around the question of how to create effective forms of global governance, historians have discovered a long tradition of international economic regulation that can be traced back to the late 19th century. In the global economy, sovereign defaults, banking crises and currency crashes have been recurrent phenomena. At the same time, alongside the growing globalization of commodity and capital markets, nation-states have introduced new forms of regulation both on the national and international level. The experience of economic crises has been an important driver behind numerous initiatives to foster global politics. The purpose of the book is to reconnect economic history with the perspectives of political economy and the history of international relations. It forms a dialogue between the disciplines that have been increasingly separated throughout the past decades. With first-rate economic historians and political economists writing for a wider audience, it simultaneously makes public debates and methods of recent cutting-edge research in economic history within a wider academic community. This book was originally published as a special issue of the European Review of History.
Book Synopsis The Political Economy of Global Capitalism and Crisis by : Bill Dunn
Download or read book The Political Economy of Global Capitalism and Crisis written by Bill Dunn and published by Routledge. This book was released on 2014-03-21 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides a theoretically and historically informed analysis of the global economic crisis. It makes original contributions to theories of value, of crisis and of the state and uses these to develop a rich empirical study of the changing character of capitalism in the twentieth century and beyond. It defends, uses and develops Marxist theory while arguing particularly against jumping too quickly from abstract concepts to a concrete understanding of the crisis. Instead, it uses what Marx described in his notebooks as an ‘obvious’ analytical ordering to progress from a general analysis of economy and society to a discussion of recent economic transformations and the specifics of the crisis and its aftermath.Dunn argues that appropriately reconceived, a critical Marxism can incorporate and enrich rather than rejecting insights from other traditions. He disputes general characterisations of capitalism to the crisis and theories which see finance and the contemporary financial crises as largely detached from other aspects of the economy and society. Providing a thoroughly socialised and historically based account, this book will be vital reading for students and scholars of political economy, international political economy, Marxism, sociology, geography and development studies.
Book Synopsis It's the Political Economy, Stupid by : Gregory Sholette
Download or read book It's the Political Economy, Stupid written by Gregory Sholette and published by Pluto Press. This book was released on 2013-02-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: It's the Political Economy, Stupid brings together internationally acclaimed artists and thinkers, including Slavoj Žižek, David Graeber, Judith Butler and Brian Holmes, to focus on the current economic crisis in a sustained and critical manner. Following a unique format, images and text are integrated in a visually stunning bespoke production by activist designer Noel Douglas. What emerges is a powerful critique of the current capitalist crisis through an analytical and theoretical response and an aesthetic-cultural rejoinder. By combining artistic responses with the analysis of leading radical theorists, the book expands the boundaries of critique beyond the usual discourse. It's the Political Economy, Stupid argues that it is time to push back against the dictates of the capitalist logic and, by use of both theoretical and artistic means, launch a rescue of the very notion of the social.
Book Synopsis The Consequences of the Global Financial Crisis by : Wyn Grant
Download or read book The Consequences of the Global Financial Crisis written by Wyn Grant and published by Oxford University Press. This book was released on 2012-05-24 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Global Economic Crisis by : Emiliano Brancaccio
Download or read book The Global Economic Crisis written by Emiliano Brancaccio and published by Routledge. This book was released on 2013-03-01 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why did the economists of the so-called "mainstream" seem to fail to foresee the global economic crisis that exploded in 2008? And why do they appear to have difficulty in putting forward an interpretation of it that is consistent with the theoretical foundations of their models? These two questions have echoed insistently since the outbreak of the crisis, not only in academic circles but also in the mass media, and appear to reflect increasingly widespread dissatisfaction with the dominant paradigm of economic theory. Many believe that the global recession now underway may constitute an historic watershed for the evolution of economics and therefore that an authentic change of paradigm is called for, rather than only minor adjustments to the dominant approach. Since the start of the crisis, there has indeed been a profusion of contributions from alternative areas of economic study, and in particular from those adopting a critical stance with respect to mainstream economic theory. This collection puts forward promising reinterpretations of the primary schools of heterodox political economy, stringent critiques of the conventional readings of the recession, new schemes of theoretical and empirical analysis of the crisis, and proposals for economic policies alternative to those hitherto adopted. This book contains a selection of some of the most recent contributions to the critique of mainstream economic theory and policy, and discusses the origins and possible evolutions of the current economic crisis. The collection should be of interest to students and researchers focussing on macroeconomics, monetary economics, political economy and financial economics.
Book Synopsis The Dynamics of Global Economic Governance by : Richard Eccleston
Download or read book The Dynamics of Global Economic Governance written by Richard Eccleston and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: ÔThis book is an exceptionally interesting and well-researched analysis of one of the most important reforms in global governance that have been put into place in the wake of the global financial crisis that began in 2007. Eccleston insightfully draws on and contributes to theories of global governance, explaining the surprisingly innovative and successful aspects of the global arrangements for combating tax evasion while also highlighting their deficiencies.Õ Ð Tony Porter, McMaster University, Canada ÔIn the atmosphere of fiscal emergency after the financial crisis, international tax policy has become a critical concern. There is no better guide to inter-linked political and economic challenges that result than Richard EcclestonÕs new book, The Dynamics of Global Economic Governance. Eccleston provides a detailed and authoritative guide to global tax governance after the financial crisis, and makes a highly persuasive case that the current international tax regime is fundamentally flawed in its efforts to combat tax evasion.Õ Ð Jason Sharman, Griffith University, Australia The financial crisis that engulfed global markets in 2008 created an acute need for improved international economic cooperation. Despite the G20Õs prominent coordination role, the regulatory response to the crisis has varied considerably across governance arenas. This book focuses on international taxation and examines how the financial crisis prompted renewed attempts to enhance international tax transparency and confront tax havens. It highlights the complexity of international regime change and the significance of national and financial interests, international organizations, domestic politics and the emerging G20 leaders forum in this process. This timely book highlights the challenges in post-financial crisis global economic governance, information that will strongly appeal to scholars and graduate students in the fields of political science, international political economy, global governance, international taxation and law. Stakeholders in the international tax regime including diplomats and tax administrators, international organizations, NGO and business representatives will also find plenty of enriching information in this study.
Book Synopsis The Politics of International Economic Relations by : Jeffrey A. Hart
Download or read book The Politics of International Economic Relations written by Jeffrey A. Hart and published by Routledge. This book was released on 2013-06-17 with total page 459 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first and definitive book of its kind, Joan Spero's The Politics of International Economic Relations has been fully updated to reflect the sweeping changes in the international arena. With the expertise of co-author Jeffrey Hart, the fifth edition strengthens the coverage of political and economic relations since the end of the Cold War, economic polarization in developing nations and the roots of economic decline in centrally planned economies. A new chapter on industrial policy and competitiveness debates further illustrates the changing dynamics of International Political Economy. Ideal as a supplement to the International Relations course or as the core text in International Political Economy, Spero and Hart's The Politics of International Economic Relations continues to give students the breadth and depth of scholarship needed to understand the politics of world economy.
Author :Anders Åslund Publisher :Peterson Inst for International Economics ISBN 13 :9780881324976 Total Pages :287 pages Book Rating :4.3/5 (249 download)
Book Synopsis Russia After the Global Economic Crisis by : Anders Åslund
Download or read book Russia After the Global Economic Crisis written by Anders Åslund and published by Peterson Inst for International Economics. This book was released on 2010 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second book from The Russia Balance Sheet Project, a collaboration of two of the world's preeminent research institutions--the Peterson Institute for International Economics and the Center for Strategic and International Studies--examines Russia after the financial crisis of 2007-2009. In the aftermath of the crisis, what is Russia's current economic status and role in the world order? How has the crisis changed a push for an innovation-driven economy fueled by advanced technology growth? Furthermore, how have recent allegations of political corruption affected domestic politics as well as the world's perception of Russia? To answer these questions, the book assesses Russia's international policy challenges and also provides an all-encompassing review of domestic issues. The authors consider foreign policy, Russia and it neighbors, climate change, Russia's role in the world, domestic politics, and corruption. As Russia grapples with the realities of the post-crisis world, this lucid volume offers the keen insights of today's foremost experts on Russia. -- Book Description.
