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Author : Cameron Ballard-Rosa
Publisher : Cambridge University Press
Page : 211 pages
File Size : 52,9 Mb
Release : 2020-08-13
Category : Business & Economics
ISBN : 9781108836494
Politicians default on international debts to please key political supporters, depending on their capacity for voting or revolt.
Author : Lucan Way
Publisher : Johns Hopkins University Press+ORM
Page : 424 pages
File Size : 40,6 Mb
Release : 2015-12-31
Category : Political Science
ISBN : 9781421418131
“Pluralism by Default will change the way we understand the emergence of democracies and the consolidation of autocracies.” —Chrystia Freeland, author of Plutocrats Exploring sources of political contestation in the former Soviet Union and beyond, Pluralism by Default proposes that pluralism in “new democracies” is often grounded less in democratic leadership or emerging civil society and more in the failure of authoritarianism. Dynamic competition frequently emerges because autocrats lack the state capacity to steal elections, impose censorship, or repress opposition. In fact, the same institutional failures that facilitate political competition may also thwart the development of stable democracy. “A tour de force brimming with theoretical originality and effective use of in-depth case studies. It will enrich our understanding of post-communist politics and help reshape the way we think about democracy, authoritarianism, and regime change more broadly.” —M. Steven Fish, author of Democracy Derailed in Russia: The Failure of Open Politics
Author : Carlene J. Edie
Publisher : Unknown
Page : 192 pages
File Size : 44,9 Mb
Release : 1991
Category : Democracy
ISBN : UCSD:31822005105242
Author : Brian Judge
Publisher : Columbia University Press
Page : 402 pages
File Size : 42,5 Mb
Release : 2024-03-26
Category : Political Science
ISBN : 9780231560139
How did neoliberalism arise? Faced with the crises of the 1970s, a coalition of neoliberal intellectuals, conservative politicians, and business interests carried out a vast project of walling off the economy from democracy, ensuring the dominance of finance—or so the conventional story goes. Democracy in Default offers a new perspective on the birth of neoliberalism, showing that this common narrative confuses cause and effect. Financialization was not the offspring of deregulation but the mechanism that allowed neoliberalism to take root. Brian Judge argues that financialization was a nearly spontaneous response to a crisis within liberalism. He examines how liberalism disavows the problem of distributive conflict, leaving it vulnerable when those conflicts erupt. When the postwar growth engine began to slow, finance promised a way out of the resulting political impasse, allowing liberal democracies to depoliticize questions of distribution and sustain the existing social and economic order. Elected officials were not simply captured or co-opted but willingly embraced financial solutions to their political problems. Unleashing the financial imperative to generate monetary returns, however, ushered in an all-encompassing transformation. Vivid case studies—the bankruptcy of Stockton, California; the investment strategy of the California Public Employees’ Retirement System; and the 2008 financial crisis—illustrate how the priorities of financial markets radically altered liberal democratic governance. Recasting the political and economic transformations of the past half century, Democracy in Default offers a bracing new account of the relationship between neoliberalism and financialization.
Author : Cameron Ballard-Rosa
Publisher : Unknown
Page : 128 pages
File Size : 53,8 Mb
Release : 2020
Category : Debts, Public
ISBN : 1108819133
"Sovereign debt default is an often catastrophic form of economic crisis that can affect the entire global economy. The IMF predicts that, in the coming years, over 50 countries are at risk of default. Yet, we understand little about the political determinants of this decision to renege on promises to international creditors. This book develops and tests the first unified theory of how domestic politics explains sovereign default across dictatorships and democracies. I argue that both democratic and autocratic governments will default when doing so is necessary for their political survival; however, regime type has a significant impact on what specific kinds of threats leaders face. While dictatorships are concerned with avoiding urban riots, democratic governments are concerned with losing elections, in particular the support of rural voting blocs. Using cross-national data and historical case studies, I show that leaders under each regime type are more likely to default when doing so allows them to keep funding costly policies supporting critical bases of support"--
Author : Gwynne Dyer
Publisher : Unknown
Page : 256 pages
File Size : 50,9 Mb
Release : 2018-04-16
Category : Electronic
ISBN : 1925322637
We are now living in a world where Brexit and Trump are daily realities. But how did this come about? And what does it mean for the future? Populism and ultra-nationalism brought about the rise of Hitler and Mussolini in the 1930s. Now, as Trump sits in the White House, Britain negotiates its way out of the EU, and countries across Europe see substantial gains in support for the extreme Right, award-winning journalist, author, and historian Gwynne Dyer asks how we got here, and where we go next. Dyer examines the global challenges facing us all today and explains how they have contributed to a world of inequality, poverty, and joblessness, conditions which he argues inevitably lead to the rise of populism. The greatest threat to social and political stability, he argues, lies in the rise of automation, which will continue to eliminate jobs, whether politicians admit that it is happening or not. To avoid a social and political catastrophe, we will have to find ways of putting real money into the pockets of those who have no work. But this is not a book without hope. Our capacity for overcoming the worst has been tested again and again throughout history, and we have always survived. To do so now, Dyer argues, we must embrace radical solutions to the real difficulties facing individuals, or find ourselves back in the 1930s with no way out.
Author : Anna Lekvall
Publisher : Unknown
Page : 0 pages
File Size : 47,6 Mb
Release : 2013
Category : Africa
ISBN : 9186565990
"Development First, Democracy Later? explores how politics and democracy plays out in reality in Africa as the major aid-receiving continent. It points to the seriously challenged political situations that aid countries engage in. Moreover, it looks at the Paris agenda aid modalities from a democracy perspective. It illustrates the on-and-off relationship with democracy concerns in the aid system. In addition, the book points to the challenges of aid, which are too often, based on a wrongful assumption that development comes first and democracy only (hopefully) later. The book brings to question the fundamental construction of the aid system and the values that drive it. While making a push for seeing the value of democracy on its own merits, as well as its advantages for development, the book poses some serious questions on the way the aid system is built and argues for substantive changes in the aid landscape. Issues raised are relevant for many discussions - from China as a development model, the aid system and - not least - for the debate on the post-2015 Millennium Development Goals."--
Author : Giuseppe Eusepi,Richard E. Wagner
Publisher : Unknown
Page : 0 pages
File Size : 41,9 Mb
Release : 2018
Category : Debts, Public
ISBN : 1788117921
The original essays in this book connect the microeconomic and macroeconomic approaches to public debt. Through their thought-provoking views, leading scholars offer insights into the incentives that individuals and governments may have in resorting to public debt, thereby promoting a clearer understanding of its economic consequences. The authors explore public debt along two distinct but complementary analytical paths. One path concerns microeconomic aspects of public debt as it emerges through budgetary processes where individuals respond to the costs and gains of different courses of action. The other concerns the systemic properties of rational individual acting within a democratic system of political economy. Within this scheme of thought, the two levels of analysis are integrated by recognition that efforts to control macro-level outcomes must address the micro-level circumstances and conditions that promote public debt as systemic budgetary outcomes. Scholars and students, as well as policy makers in public debt and political economy, will find this critical resource invaluable to understanding this vital issue. Contributors include: A. Alupoaiei, F. Balassone, G. Brennan, S. Cecchetti, M. Cecioni, M. Cioffi, W. Cornacchia, F. Corneli, F. Dragu, G. Eusepi, E. Longobardi, K. Mause, F. Neagu, A. Pedone, A. Rieck, L. Schuknecht, G. Semeraro, L. Voinea, R.E. Wagner
Author : Jerome E. Roos
Publisher : Princeton University Press
Page : 398 pages
File Size : 45,9 Mb
Release : 2019-02-12
Category : Business & Economics
ISBN : 9780691184937
How creditors came to wield unprecedented power over heavily indebted countries—and the dangers this poses to democracy The European debt crisis has rekindled long-standing debates about the power of finance and the fraught relationship between capitalism and democracy in a globalized world. Why Not Default? unravels a striking puzzle at the heart of these debates—why, despite frequent crises and the immense costs of repayment, do so many heavily indebted countries continue to service their international debts? In this compelling and incisive book, Jerome Roos provides a sweeping investigation of the political economy of sovereign debt and international crisis management. He takes readers from the rise of public borrowing in the Italian city-states to the gunboat diplomacy of the imperialist era and the wave of sovereign defaults during the Great Depression. He vividly describes the debt crises of developing countries in the 1980s and 1990s and sheds new light on the recent turmoil inside the Eurozone—including the dramatic capitulation of Greece’s short-lived anti-austerity government to its European creditors in 2015. Drawing on in-depth case studies of contemporary debt crises in Mexico, Argentina, and Greece, Why Not Default? paints a disconcerting picture of the ascendancy of global finance. This important book shows how the profound transformation of the capitalist world economy over the past four decades has endowed private and official creditors with unprecedented structural power over heavily indebted borrowers, enabling them to impose painful austerity measures and enforce uninterrupted debt service during times of crisis—with devastating social consequences and far-reaching implications for democracy.
Author : David Beetham
Publisher : Unknown
Page : 32 pages
File Size : 49,5 Mb
Release : 2008
Category : Comparative government
ISBN : 9185724440
Author : Jason Brennan
Publisher : Princeton University Press
Page : 312 pages
File Size : 45,5 Mb
Release : 2017-09-26
Category : Philosophy
ISBN : 9781400888399
A bracingly provocative challenge to one of our most cherished ideas and institutions Most people believe democracy is a uniquely just form of government. They believe people have the right to an equal share of political power. And they believe that political participation is good for us—it empowers us, helps us get what we want, and tends to make us smarter, more virtuous, and more caring for one another. These are some of our most cherished ideas about democracy. But Jason Brennan says they are all wrong. In this trenchant book, Brennan argues that democracy should be judged by its results—and the results are not good enough. Just as defendants have a right to a fair trial, citizens have a right to competent government. But democracy is the rule of the ignorant and the irrational, and it all too often falls short. Furthermore, no one has a fundamental right to any share of political power, and exercising political power does most of us little good. On the contrary, a wide range of social science research shows that political participation and democratic deliberation actually tend to make people worse—more irrational, biased, and mean. Given this grim picture, Brennan argues that a new system of government—epistocracy, the rule of the knowledgeable—may be better than democracy, and that it's time to experiment and find out. A challenging critique of democracy and the first sustained defense of the rule of the knowledgeable, Against Democracy is essential reading for scholars and students of politics across the disciplines. Featuring a new preface that situates the book within the current political climate and discusses other alternatives beyond epistocracy, Against Democracy is a challenging critique of democracy and the first sustained defense of the rule of the knowledgeable.
Author : David Estlund
Publisher : Oxford University Press
Page : 457 pages
File Size : 51,8 Mb
Release : 2012-07-19
Category : Philosophy
ISBN : 9780195376692
This volume includes 22 new pieces by leading political philosophers, on traditional issues (such as authority and equality) and emerging issues (such as race, and money in politics). The pieces are clear and accessible will interest both students and scholars working in philosophy, political science, law, economics, and more.
Author : Giuseppe Eusepi,Richard E. Wagner
Publisher : Edward Elgar Publishing
Page : 224 pages
File Size : 43,5 Mb
Release : 2018
Category : Electronic
ISBN : 9781788117937
The original chapters in this book connect the microeconomic and macroeconomic approaches to public debt. Through their thought-provoking views, leading scholars offer insights into the incentives that individuals and governments may have in resorting to public debt, thereby promoting a clearer understanding of its economic consequences.
Author : Carsten Q. Schneider
Publisher : Routledge
Page : 197 pages
File Size : 47,6 Mb
Release : 2008-11-19
Category : Philosophy
ISBN : 9781134033577
This innovative book seeks to explain what factors account for the consolidation of young democracies in over thirty countries in Latin America and Europe throughout the last quarter of the twentieth century.
Author : Michael Kaufman,Haroldo Dilla Alfonso
Publisher : International Development Research Centre Books
Page : 248 pages
File Size : 49,5 Mb
Release : 1997
Category : Business & Economics
ISBN : STANFORD:36105019810618
The collected essays in this book provide a comparative examination of the process of grassroots mobilization and the development of community-based forms of popular democracy in Central and South America. The first part contains studies from individual countries on organizations ranging from those supported by governments and integrated into the country's political structure to groups that were organized against the existing political system. The organizations studied included those focusing on a particular concern, such as housing, and those with wide responsibility for community affairs; but all were organizations based on common interests where people lived and, in some cases, where people worked. The second part offers theme studies on men, women and differential participation; problems and meanings associated with decentralization, especially in relation to devolution of power to the local level and the construction of popular alternatives; and the competing theoretical paradigms of new social movements and resource mobilization.