The Crisis Regime
Author | : Robert W. Bailey |
Publisher | : State University of New York Press |
Total Pages | : 248 |
Release | : 1985-06-30 |
Genre | : History |
ISBN | : 0791495604 |
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Author | : Robert W. Bailey |
Publisher | : State University of New York Press |
Total Pages | : 248 |
Release | : 1985-06-30 |
Genre | : History |
ISBN | : 0791495604 |
Author | : Sylvia Walby |
Publisher | : John Wiley & Sons |
Total Pages | : 174 |
Release | : 2015-10-30 |
Genre | : Social Science |
ISBN | : 150950320X |
We are living in a time of crisis which has cascaded through society. Financial crisis has led to an economic crisis of recession and unemployment; an ensuing fiscal crisis over government deficits and austerity has led to a political crisis which threatens to become a democratic crisis. Borne unevenly, the effects of the crisis are exacerbating class and gender inequalities. Rival interpretations – a focus on ‘austerity’ and reduction in welfare spending versus a focus on ‘financial crisis’ and democratic regulation of finance – are used to justify radically diverse policies for the distribution of resources and strategies for economic growth, and contested gender relations lie at the heart of these debates. The future consequences of the crisis depend upon whether there is a deepening of democratic institutions, including in the European Union. Sylvia Walby offers an alternative framework within which to theorize crisis, drawing on complexity science and situating this within the wider field of study of risk, disaster and catastrophe. In doing so, she offers a critique and revision of the social science needed to understand the crisis.
Author | : Thomas B. Pepinsky |
Publisher | : Cambridge University Press |
Total Pages | : 345 |
Release | : 2009-08-17 |
Genre | : Political Science |
ISBN | : 1139480413 |
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.
Author | : Samuel Handlin |
Publisher | : Cambridge University Press |
Total Pages | : 337 |
Release | : 2017-07-26 |
Genre | : Political Science |
ISBN | : 1108415423 |
This book develops a new political-institutional explanation of South America's 'two lefts' and the divergent fates of the region's democratic regimes.
Author | : C. Randall Henning |
Publisher | : Oxford University Press |
Total Pages | : 316 |
Release | : 2017 |
Genre | : Business & Economics |
ISBN | : 0198801807 |
Tangled Governance addresses the institutions that were deployed to fight the euro crisis, re-establish financial stability, and prevent contagion beyond Europe. The author addresses why European leaders chose to include the IMF and provides a detailed account of the decisions of the institutions that make up the 'Troika' (the European Commission, ECB, and IMF). He explains the institutions' negotiating strategies, the outcomes of their interaction, and the effectiveness of their cooperation. The book also explores the strategies of the member states, including Germany and the United States, with respect to the institutions and the advantages they sought in directing them to work together. The book locates the analysis within the framework of regime complexity, clusters of overlapping and intersecting regional and multilateral institutions. It tests conjectures spawned by that literature against the seven cases of financial rescues of euro area countries that were stricken by crisis during 2010-2015. Tangled Governance concludes that regime complexity is the consequence of a strategy by key states to control 'agency drift'. States mediate conflicts among institutions, through informal as well as formal mechanisms, and thereby limit fragmentation of the regime complex and underpin substantive efficacy. In so doing, the book answers several key puzzles, including why (a) Germany and other Northern European countries supported IMF inclusion despite substantive positions opposed to their economic preferences, (b) crisis-fighting arrangements endured intense conflicts among the institutions, and (c) the United States and the IMF promoted further steps to 'complete' the monetary union.
Author | : Greta R. Krippner |
Publisher | : Harvard University Press |
Total Pages | : 241 |
Release | : 2011-02-15 |
Genre | : Business & Economics |
ISBN | : 0674050843 |
In the context of the recent financial crisis, the extent to which the U.S. economy has become dependent on financial activities has been made abundantly clear. In Capitalizing on Crisis, Greta Krippner traces the longer-term historical evolution that made the rise of finance possible, arguing that this development rested on a broader transformation of the U.S. economy than is suggested by the current preoccupation with financial speculation. Krippner argues that state policies that created conditions conducive to financialization allowed the state to avoid a series of economic, social, and political dilemmas that confronted policymakers as postwar prosperity stalled beginning in the late 1960s and 1970s. In this regard, the financialization of the economy was not a deliberate outcome sought by policymakers, but rather an inadvertent result of the state’s attempts to solve other problems. The book focuses on deregulation of financial markets during the 1970s and 1980s, encouragement of foreign capital into the U.S. economy in the context of large fiscal imbalances in the early 1980s, and changes in monetary policy following the shift to high interest rates in 1979. Exhaustively researched, the book brings extensive new empirical evidence to bear on debates regarding recent developments in financial markets and the broader turn to the market that has characterized U.S. society over the last several decades.
Author | : Hideko Magara |
Publisher | : Edward Elgar Publishing |
Total Pages | : 443 |
Release | : 2014-03-28 |
Genre | : Business & Economics |
ISBN | : 1782549927 |
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
Author | : Julian Swann |
Publisher | : OUP/British Academy |
Total Pages | : 0 |
Release | : 2013-03-28 |
Genre | : History |
ISBN | : 9780197265383 |
This book brings together an international team of scholars from Britain, France and North America to examine the causes of the breakdown of the absolute monarchy in eighteenth-century France and offers a new interpretation of the origins of the Revolution of 1789.
Author | : Mattei Dogan |
Publisher | : Rowman & Littlefield |
Total Pages | : 276 |
Release | : 1998 |
Genre | : Political Science |
ISBN | : 9780847690237 |
Most political regimes, whether authoritarian or democratic, are born in abrupt, brutal, and momentous crises. In this volume, a group of prominent scholars explores how these seminal events affect elites and shape regimes. Combining theoretical and case study chapters, the authors draw from a wide range of historical and contemporary examples to challenge mainstream developmental explanations of political change, which emphasize incremental changes and evolutions stretching over generations.
Author | : Bruno Latour |
Publisher | : John Wiley & Sons |
Total Pages | : 140 |
Release | : 2018-11-26 |
Genre | : Philosophy |
ISBN | : 1509530592 |
The present ecological mutation has organized the whole political landscape for the last thirty years. This could explain the deadly cocktail of exploding inequalities, massive deregulation, and conversion of the dream of globalization into a nightmare for most people. What holds these three phenomena together is the conviction, shared by some powerful people, that the ecological threat is real and that the only way for them to survive is to abandon any pretense at sharing a common future with the rest of the world. Hence their flight offshore and their massive investment in climate change denial. The Left has been slow to turn its attention to this new situation. It is still organized along an axis that goes from investment in local values to the hope of globalization and just at the time when, everywhere, people dissatisfied with the ideal of modernity are turning back to the protection of national or even ethnic borders. This is why it is urgent to shift sideways and to define politics as what leads toward the Earth and not toward the global or the national. Belonging to a territory is the phenomenon most in need of rethinking and careful redescription; learning new ways to inhabit the Earth is our biggest challenge. Bringing us down to earth is the task of politics today.