Economic Crises And Policy Regimes

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Economic Crises and Policy Regimes

Hideko Magara
Economic Crises and Policy Regimes Book PDF

Author : Hideko Magara
Publisher : Edward Elgar Publishing
Page : 0 pages
File Size : 42,9 Mb
Release : 2014
Category : Developed countries
ISBN : 1782549919

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Economic Crises and Policy Regimes by Hideko Magara Pdf

In this innovative book, Hideko Magara brings together an expert team to explore both the possibilities and difficulties of transitioning from a neoliberal policy regime to an alternative regime through drastic policy innovations. The authors argue that, for more than two decades, citizens in developed countries have witnessed massive job losses, lowered wages, slow economic growth and widening inequality under a neoliberal policy regime that has placed heavy constraints on policy choices. The book explores, both theoretically and empirically, the possibility of transition to a new political economic paradigm by seeking feasible answers to questions such as: why has such a regime persisted for a long period of time despite its poor policy performance?; is it possible for democracy to overcome economic crisis through its electoral mechanisms?; and, under what conditions can each government convert crisis of its economy into growth? The book concludes that under different policy regimes, whether Keynesian or neoliberal, there are a variety of growth regimes, and economic performances will consequently vary considerably. The authors ultimately argue that policy innovations need not only political leadership but also the very creation of a new economic theory in order to break a critical juncture of economic stalemates. Economic Crises and Policy Regimes will appeal to policy makers and practitioners internationally and is an important resource for political scientists, economists and sociologists. Advanced students of comparative politics, comparative political economy and institutional economics will also find much to benefit them in this book. Contributors include B. Amable, R. Boyer, L.C. Bresser-Pereira, N. Fujita, K. Fukuda, M. Ido, H.B. Im, H. Magara, A. Martinelli, H. Nishi, S. Palombarini, A. Przeworski, S. Sacchi, H. Shiratori, T. Yamada, Y. Yanai

Growth, Crisis, Democracy

Hideko Magara,Bruno Amable
Growth Crisis Democracy Book PDF

Author : Hideko Magara,Bruno Amable
Publisher : Routledge
Page : 247 pages
File Size : 50,8 Mb
Release : 2017-07-14
Category : Political Science
ISBN : 9781315408408

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Growth, Crisis, Democracy by Hideko Magara,Bruno Amable Pdf

Since the global financial crisis of 2008, advanced economies have been making various efforts to overcome the economic impasse. While the contrast between the countries that have escaped from the crisis relatively quickly and those still suffering from serious problems is becoming clearer, a new economic crisis stemming from newly emerging economies has again impacted advanced economies. In retrospect, both leftist and rightist governments in advanced economies pursued expansive macroeconomic and welfare policies from the post-WWII period to the oil shocks of the 1970s. While we recognise that the particular policy regime in this ‘Golden Decades’ during which the left and the right implemented similar policies cross-nationally, were characterised by outstanding economic growth in each country, the specific growth patterns varied across countries. Different social coalitions underpinned different growth models. This book is premised on tentative conclusions that Magara and her research collaborators have reached as a result of three years of study related to our previous project on economic crises and policy regimes. Recognising the need to analyse fluid and unstable situations, we have set up a new research design in which we emphasise political variables—whether political leaders and citizens can overcome the various weaknesses inherent in democracy and escape from an economic crisis by establishing an effective social coalition. A new policy regime can be stable only if it is supported by a sufficiently large coalition of social groups whose most important policy demands are satisfied within the new policy regime.

Macroeconomic Policy Regimes in Western Industrial Countries

Hansjörg Herr,Milka Kazandziska
Macroeconomic Policy Regimes in Western Industrial Countries Book PDF

Author : Hansjörg Herr,Milka Kazandziska
Publisher : Routledge
Page : 545 pages
File Size : 54,9 Mb
Release : 2011-02-15
Category : Business & Economics
ISBN : 9781136821660

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Macroeconomic Policy Regimes in Western Industrial Countries by Hansjörg Herr,Milka Kazandziska Pdf

This book analyses how the economic crisis in the 1970s led to the erosion of the regulated type of capitalism that came to be in place after World War II, and paved the way to a Neoliberal Globalisation. Deep structural institutional changes especially in the field of financial markets, labour markets and the international economy became the basis for a liberal type of capitalism which included financial markets in a dominant role. The new neoliberal model fundamentally changed the conditions for all macroeconomic policies. In this book, these macroeconomic policy regimes are discussed on a theoretical level. Macroeconomic Policy Regimes in Western Industrial Countries explains how certain countries have created a more liberal and market-based type of capitalism. The emphasis throughout is on how understanding macroeconomic policies, and the institutional framework in which they operate, is vital to understanding the long-run dynamics of a capitalist economy. The policy regimes that are examined consist of changes in the financial system, monetary policy, fiscal policy, wage policy, and changes in distribution and foreign economic policy. The argument emerges that this deregulated type of capitalism is unacceptably unstable and is only preferable to a minority. Moving on from the finance-driven development of recent decades, the authors take a look at the need for fundamental reforms, including institutional reforms in the areas of national and international financial and labour markets. Case studies from the United States, the United Kingdom, Germany and Japan dating from the 1970s up to today provide the reader with clear examples and analysis of the development in question. This book will be of interest to postgraduates and researchers of economics and political science.

Economic Crises and the Breakdown of Authoritarian Regimes

Thomas B. Pepinsky
Economic Crises and the Breakdown of Authoritarian Regimes Book PDF

Author : Thomas B. Pepinsky
Publisher : Cambridge University Press
Page : 128 pages
File Size : 42,7 Mb
Release : 2009-08-17
Category : Political Science
ISBN : 9781139480413

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Economic Crises and the Breakdown of Authoritarian Regimes by Thomas B. Pepinsky Pdf

Why do some authoritarian regimes topple during financial crises, while others steer through financial crises relatively unscathed? In this book, Thomas B. Pepinsky uses the experiences of Indonesia and Malaysia and the analytical tools of open economy macroeconomics to answer this question. Focusing on the economic interests of authoritarian regimes' supporters, Pepinsky shows that differences in cross-border asset specificity produce dramatically different outcomes in regimes facing financial crises. When asset specificity divides supporters, as in Indonesia, they desire mutually incompatible adjustment policies, yielding incoherent adjustment policy followed by regime collapse. When coalitions are not divided by asset specificity, as in Malaysia, regimes adopt radical adjustment measures that enable them to survive financial crises. Combining rich qualitative evidence from Southeast Asia with cross-national time-series data and comparative case studies of Latin American autocracies, Pepinsky reveals the power of coalitions and capital mobility to explain how financial crises produce regime change.

Global Financial Crisis

Dick K. Nanto
Global Financial Crisis Book PDF

Author : Dick K. Nanto
Publisher : DIANE Publishing
Page : 32 pages
File Size : 54,6 Mb
Release : 2009-12
Category : Business & Economics
ISBN : 9781437920079

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Global Financial Crisis by Dick K. Nanto Pdf

Contents: (1) The Issue and Role of Congress; (2) Two Indicators of the Severity of the Crisis: Growth and Trade; (3) Political and Foreign Policy Effects of the Crisis: (a) Effects on Political Leadership; Regimes; Perceived Countries of Influence; and Stability, Violence, and Terrorism: Political Leadership; Perceived Countries of Influence; Stability, Violence, and Terrorism; (b) Effects on Economic Philosophies, State Capitalism, and Protectionism: Economic Philosophies: State Capitalism; Trade Protectionism; (c) Effects on U.S. Leadership and Attitudes Toward the U.S.; (d) Effects on Supranational Financial and Economic Org.; (e) Effects on Poverty: (f) Budgetary Effects on Resources for Aid, Diplomacy, and Defense. Charts and tables.

Before and Beyond the Global Economic Crisis

Mats Benner
Before and Beyond the Global Economic Crisis Book PDF

Author : Mats Benner
Publisher : Edward Elgar Publishing
Page : 273 pages
File Size : 49,9 Mb
Release : 2013-01-01
Category : Business & Economics
ISBN : 9781781952016

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Before and Beyond the Global Economic Crisis by Mats Benner Pdf

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.

Economic Crisis and Policy Choice

Joan M. Nelson
Economic Crisis and Policy Choice Book PDF

Author : Joan M. Nelson
Publisher : Princeton University Press
Page : 392 pages
File Size : 47,5 Mb
Release : 2021-04-13
Category : Political Science
ISBN : 9780691228150

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Economic Crisis and Policy Choice by Joan M. Nelson Pdf

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.

The Politics of Economic Adjustment

Stephan Haggard,Robert R. Kaufman
The Politics of Economic Adjustment Book PDF

Author : Stephan Haggard,Robert R. Kaufman
Publisher : Princeton University Press
Page : 371 pages
File Size : 48,7 Mb
Release : 2018-06-05
Category : Political Science
ISBN : 9780691188034

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The Politics of Economic Adjustment by Stephan Haggard,Robert R. Kaufman Pdf

In the 1980s some developing countries adopted orthodox market-oriented policies in response to international economic crises, others experimented with alternative programs, and still others failed to develop coherent adjustment strategies of any sort. Building on the case studies in Economic Crisis and Policy Choice, these essays offer comparative analysis of these divergent experiences with macroeconomic stabilization and structural adjustment. Barbara Stallings and Miles Kahler explore the external pressures on governments. Peter Evans and John Waterbury examine the role of the state in the adjustment process, Evans through the lens of earlier historical experience with economic restructuring, Waterbury by focusing on the politics of privatization. Joan Nelson analyzes the politics of income distribution in the adjustment process, and Haggard and Kaufman investigate the political correlates of inflation and stabilization. A final essay assesses the prospects for combining market-oriented reforms with political democratization.

The Political Economy of International Financial Crisis

Shale Asher Horowitz,Uk Heo
The Political Economy of International Financial Crisis Book PDF

Author : Shale Asher Horowitz,Uk Heo
Publisher : Rowman & Littlefield
Page : 318 pages
File Size : 50,9 Mb
Release : 2001
Category : Business & Economics
ISBN : 0742501337

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The Political Economy of International Financial Crisis by Shale Asher Horowitz,Uk Heo Pdf

The world financial crisis of 1997-99 was the most important international economic event since the oil shocks of the 1970s and the associated debt crisis of the 1980s. What were its political causes and consequences? In particular, how did interest group coalitions and political institutions affect pre-crisis economic policies and post-crisis responses? This book focuses on how policymaking coalitions are formed and how political institutions mediate the pressure of rival coalitions. This approach is applied to 13 countries drawn from the main crisis-affected regions of the world economy East Asia, Southeast Asia, Latin America and Eastern Europe."

The Financial and Economic Crises and Their Impact on Health and Social Well-Being

Vicente Navarro,Carles Muntaner
The Financial and Economic Crises and Their Impact on Health and Social Well Being Book PDF

Author : Vicente Navarro,Carles Muntaner
Publisher : Taylor & Francis
Page : 517 pages
File Size : 40,8 Mb
Release : 2016-12-05
Category : Medical
ISBN : 9781351851596

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The Financial and Economic Crises and Their Impact on Health and Social Well-Being by Vicente Navarro,Carles Muntaner Pdf

This volume provides a timely collection of the most germane studies and commentaries on the complex links between recent changes in national economies, welfare regimes, social inequalities, and population health. Drs. Vicente Navarro and Carles Muntaner have selected 24 representative articles, organized around six themes, from the widely read pages of the International Journal of Health Services (2006-2013) - articles that not only challenge conventional approaches to population health but offer new insights and robust results that critically advance public health scholarship. Part I applies a social-conflict perspective to better understand how political forces, processes, and institutions precede and give rise to social inequalities, economic instability, and population health. The need to politicize dominant (neoliberal) ideologies is emphasized, given its explanatory power to elucidate unequal power relations. The next four parts focus on the health impacts of growing inequalities and economic decline on government services and transfers (Part II); labor markets and employment conditions (Part III); welfare states and regimes (Part IV); and social class relations (Part V). Part VI advocates for a more politically engaged approach to population health and presents alternative solutions to achieving egalitarian outcomes, which, in turn, improve health and reduce health inequalities. Taken together, the works in this volume reflect IJHS 's collective commitment to publishing high-impact studies, inspiring fruitful debates, and advancing the discipline in new and essential ways. Emerging and established researchers as well as students and professionals committed to health equity matters will benefit from this book's astute contributions.

Financialisation and the Financial and Economic Crises

Eckhard Hein,Daniel Detzer,Nina Dodig
Financialisation and the Financial and Economic Crises Book PDF

Author : Eckhard Hein,Daniel Detzer,Nina Dodig
Publisher : Edward Elgar Publishing
Page : 352 pages
File Size : 50,8 Mb
Release : 2016-05-27
Category : Business & Economics
ISBN : 9781785362385

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Financialisation and the Financial and Economic Crises by Eckhard Hein,Daniel Detzer,Nina Dodig Pdf

The contributions to this book provide detailed accounts of the long-term effects of financialisation and cover the main developments leading up to and during the crisis in 11 selected countries: the US, the UK, Spain, Greece, Portugal, Germany, Sweden, Italy, France, Estonia, and Turkey. The introductory chapter presents the theoretical framework and synthesizes the main findings of the country studies. Furthermore, the macroeconomic effects of financialisation on the EU as a whole are analysed in the final chapter.

Economic Crises and Policy Regimes

Hideko Magara
Economic Crises and Policy Regimes Book PDF

Author : Hideko Magara
Publisher : Edward Elgar Publishing
Page : 448 pages
File Size : 53,9 Mb
Release : 2014-03-28
Category : Business & Economics
ISBN : 9781782549925

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Economic Crises and Policy Regimes by Hideko Magara Pdf

In this innovative book, Hideko Magara brings together an expert team to explore both the possibilities and difficulties of transitioning from a neoliberal policy regime to an alternative regime through drastic policy innovations. The authors argue tha

Stagnation and Renewal in Social Policy

Martin Rein,Gøsta Esping-Andersen,Lee Rainwater
Stagnation and Renewal in Social Policy Book PDF

Author : Martin Rein,Gøsta Esping-Andersen,Lee Rainwater
Publisher : M.E. Sharpe
Page : 208 pages
File Size : 50,5 Mb
Release : 1987
Category : Literary Collections
ISBN : 0873323904

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Stagnation and Renewal in Social Policy by Martin Rein,Gøsta Esping-Andersen,Lee Rainwater Pdf

These essays analyze the ideological and historical sources of the apparent reversal of the pattern of welfare state expansion in the United States, Great Britain, and Western and Eastern Europe.

Gender and the Economic Crisis in Europe

Johanna Kantola,Emanuela Lombardo
Gender and the Economic Crisis in Europe Book PDF

Author : Johanna Kantola,Emanuela Lombardo
Publisher : Springer
Page : 282 pages
File Size : 45,6 Mb
Release : 2017-02-22
Category : Political Science
ISBN : 9783319507781

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Gender and the Economic Crisis in Europe by Johanna Kantola,Emanuela Lombardo Pdf

This book is a unique exploration into the gendered politics of the economic crisis in Europe. It focuses, firstly, on the changes in the political and economic decision-making institutions and processes of the EU and their consequences for gender equality policy. Secondly, the book analyses the gendered impacts of austerity politics on member states’ gender equality policies, institutions, regimes, and debates. Finally, it addresses feminist and intersectional struggles and resistances against neoliberal, conservative and racist politics across Europe. The authors consider the gendered politics of the economic crisis from a variety of feminist approaches, shedding new light on the concept of the crisis and on questions of politics, institutions and intersectionality. The case studies included refer to different parts of Europe, from North to South and from East to West, capturing the multifaceted gendered impacts of the crisis. The volume will be of interest to students and scholars of politics, international relations, gender studies, economics, law, sociology, social policy, and European studies.

India’s New Economic Policy

Waquar Ahmed,Amitabh Kundu,Richard Peet
India s New Economic Policy Book PDF

Author : Waquar Ahmed,Amitabh Kundu,Richard Peet
Publisher : Routledge
Page : 334 pages
File Size : 46,5 Mb
Release : 2010-10-04
Category : Business & Economics
ISBN : 9781136936913

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India’s New Economic Policy by Waquar Ahmed,Amitabh Kundu,Richard Peet Pdf

Conventional interpretations of the New Economic Policy introduced in India in 1991 see this program of economic liberalization as transforming the Indian economy and leading to a substantial increase in the rate of India’s economic growth. But in a country like India, growth is not enough. Who benefits from the new growth regime, and can it significantly improve the conditions of livelihood for India’s 800 million people with incomes below $2.00 a day? This edited volume looks at international policy regimes and their national adoption under strategic conditions of economic crisis and coercion, and within longer-term structural changes in the power calculus of global capitalism. The contributors examine long-term growth tendencies, poverty and employment rates at the national level, regional level and local levels in India; the main growth centers; the areas and people left out; the advantages and deficiencies of the existing policy regime, and alternative economic policies for India. Bringing together the leading figures in the discussion on India’s economic policy, this volume is the authoritative critical study of India’s New Economic Policy.