Varieties of Liberalization and the New Politics of Social Solidarity

Varieties of Liberalization and the New Politics of Social Solidarity
Author: Kathleen Thelen
Publisher: Cambridge University Press
Total Pages: 281
Release: 2014-03-31
Genre: Business & Economics
ISBN: 1107053161

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.

The Political Economy of De-liberalization

The Political Economy of De-liberalization
Author: Anna Fill
Publisher: Springer
Total Pages: 170
Release: 2018-11-02
Genre: Political Science
ISBN: 303001066X

This book explores the politics behind “de-liberalization”, defined as policy reforms that constrain markets and their underlying mechanisms. By offering a comparative study on the governmental reform strategies and policy choices of Austria, Germany and Switzerland, it demonstrates that de-liberalization processes are a common reform option for governments. Utilizing a novel dataset on liberalization covering policy reform trajectories in 38 industrialized countries between 1973 and 2013, it shows that governments often draw on strategies of de-liberalization in the fields of social, welfare and labor market policy, where they can be used as compensation for the electorate in the context of liberalizing reforms. As such, the book makes an important contribution to the field of political economy by capturing the turning of the tide in scholarly and policy attention, away from liberalization and towards a re-embedding and re-regulation of economic activity.

A Treatise on Political Economy

A Treatise on Political Economy
Author: Antoine Louis Claude Destutt de Tracy (conde)
Publisher:
Total Pages: 0
Release: 2011
Genre: Business & Economics
ISBN: 9780865978126

"A Treatise on Political Economy"by Antonie Louis Claude Destutt de Tracy (1754-1836) is a foundational text of nineteenth-century, free-market economic thought and remains one of the classics of nineteenth-century French economic liberalism. Destutt de Tracy was one of the founders of the classical liberal republican group known as the Ideologues, which included Benjamin Constant, Jean-Baptiste Say, Marquis de Condorcet, and Madame de Stael.In this volume, Destutt de Tracy provides one of the clearest statements of the economic principles of the Ideologues. Breaking with the physiocratic orthodoxy of the eighteenth century, Destutt de Tracy denies that land is the source of all productive labor and focuses his attention upon manufacturing and manufacturers as the producers of utility and, therefore, of value and of wealth. Placing the entrepreneur at the center of his view of economic activty, he argues against luxurious consumption of the idle rich and recommends a market economy with low taxation and minimum state intervention.Destutt de Tracy sent the text of "A Treatise on Political Economy "to Thomas Jefferson in hopes of securing its translation in the United States. It was met with enthusiastic approval. Jefferson wrote to the publisher, "The merit of this work will, I hope, place it in the hands of every reader in our country." Jeremy Jennings isProfessor of Political Theory at Queen Mary, University of London."

The Politics of Economic Liberalization in Indonesia

The Politics of Economic Liberalization in Indonesia
Author: Andrew Rosser
Publisher: Routledge
Total Pages: 258
Release: 2013-07-04
Genre: Social Science
ISBN: 1136855866

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.

Financial Liberalization and Economic Performance

Financial Liberalization and Economic Performance
Author: Luiz Fernando de Paula
Publisher: Taylor & Francis
Total Pages: 273
Release: 2012-07-26
Genre: Business & Economics
ISBN: 1136854908

Since the beginning of the 1990s, Brazil has followed a pattern of economic development inspired by Washington Consensus. This framework includes a set of liberalising and market friendly policies such as privatisation, trade liberalization, stimulus to foreign direct investment, tax reform, and social security reforms. This book assesses the determinants and impacts of financial liberalisation in Brazil considering its two dimensions: the opening up of the balance of payments capital account, and the penetration by foreign bank of the domestic banking sector. The author combines theoretical and empirical analyses. Some make use of mathematical models and/or statistical techniques; however, they are only used when they are strictly necessary to the analysis.

Political Liberalization and Democratization in the Arab World

Political Liberalization and Democratization in the Arab World
Author: Rex Brynen
Publisher: Lynne Rienner Publishers
Total Pages: 364
Release: 1995
Genre: Political Science
ISBN: 9781555875794

The Arab world is experiencing a variety of factors - internal and external - that are leading to change. This work examines such factors that are shaping political liberalisation and democratisation in the Arab context, as well as the role played by particular social groups.

Re-Forming Capitalism

Re-Forming Capitalism
Author: Wolfgang Streeck
Publisher: OUP Oxford
Total Pages: 320
Release: 2010-03-04
Genre: Business & Economics
ISBN: 0191614459

Wolfgang Streeck has written extensively on comparative political economy and institutional theory. In this book he addresses some of the key issues in this field: the role of history in institutional analysis, the dynamics of slow institutional change, the limitations of rational design and economic-functionalist explanations of institutional stability, and the recurrent difficulties of restraining the effects of capitalism on social order. In the classification of the 'Varieties of Capitalism' school, Germany has always been taken as the chief exemplar of a 'European', coordinated market economy. Streeck explores to what extent Germany actually conforms to this description. His argument is supported by original empirical research on wage-setting and wage structure, the organization of business and labor in business associations and trade unions, social policy, public finance, and corporate governance. From this evidence, Bringing Capitalism Back In traces the current liberalization of the postwar economy of democratic capitalism by means of an historically-grounded approach to institutional change. This is an important book in comparative political economy and key reading across the social sciences for academics, researchers, and advanced students of Political Economy, Sociology, comparative business systems.

Analyzing the Global Political Economy

Analyzing the Global Political Economy
Author: Andrew Walter
Publisher: Princeton University Press
Total Pages: 294
Release: 2008-12-08
Genre: Political Science
ISBN: 1400837804

Ideally suited to upper-undergraduate and graduate students, Analyzing the Global Political Economy critically assesses the convergence between IPE, comparative political economy, and economics. Andrew Walter and Gautam Sen show that a careful engagement with economics is essential for understanding both contemporary IPE and for analyzing the global political economy. The authors also argue that the deployment of more advanced economic theories should not detract from the continuing importance for IPE of key concepts from political science and international relations. IPE students with little or no background in economics will therefore find this book useful, and economics students interested in political economy will be alerted to the comparative strengths of political science and other social science disciplines. A concise look at the foundations of analysis in the political economy of global trade, money, finance, and investment Suitable for upper-undergraduate and graduate students with some or no economic background Techniques and findings from a range of academic disciplines, including international relations, political science, economics, sociology, and history Further reading and useful weblinks including a range of relevant data sources, listed in each chapter