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Varieties of Liberalization and the New Politics of Social Solidarity

Varieties of Liberalization and the New Politics of Social Solidarity PDF Author: Kathleen Thelen
Publisher: Cambridge University Press
ISBN: 1107053161
Category : Business & Economics
Languages : en
Pages : 281

Book Description
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.

Varieties of Liberalization and the New Politics of Social Solidarity

Varieties of Liberalization and the New Politics of Social Solidarity PDF Author: Kathleen Thelen
Publisher: Cambridge University Press
ISBN: 1107053161
Category : Business & Economics
Languages : en
Pages : 281

Book Description
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 Politics of Economic Liberalization in Indonesia

The Politics of Economic Liberalization in Indonesia PDF Author: Andrew Rosser
Publisher: Routledge
ISBN: 1136855866
Category : Social Science
Languages : en
Pages : 258

Book Description
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.

The Political Economy of De-liberalization

The Political Economy of De-liberalization PDF Author: Anna Fill
Publisher: Springer
ISBN: 303001066X
Category : Political Science
Languages : en
Pages : 170

Book Description
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.

Financial Liberalization and Economic Performance

Financial Liberalization and Economic Performance PDF Author: Luiz Fernando de Paula
Publisher: Taylor & Francis
ISBN: 1136854908
Category : Business & Economics
Languages : en
Pages : 273

Book Description
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.

A Treatise on Political Economy

A Treatise on Political Economy PDF Author: Antoine Louis Claude Destutt de Tracy (conde)
Publisher:
ISBN: 9780865978126
Category : Business & Economics
Languages : en
Pages : 0

Book Description
"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 Political Logic of Economic Reform in China

The Political Logic of Economic Reform in China PDF Author: Susan L. Shirk
Publisher: Univ of California Press
ISBN: 0520912217
Category : History
Languages : en
Pages : 411

Book Description
In the past decade, China was able to carry out economic reform without political reform, while the Soviet Union attempted the opposite strategy. How did China succeed at economic market reform without changing communist rule? Susan Shirk shows that Chinese communist political institutions are more flexible and less centralized than their Soviet counterparts were. Shirk pioneers a rational choice institutional approach to analyze policy-making in a non-democratic authoritarian country and to explain the history of Chinese market reforms from 1979 to the present. Drawing on extensive interviews with high-level Chinese officials, she pieces together detailed histories of economic reform policy decisions and shows how the political logic of Chinese communist institutions shaped those decisions. Combining theoretical ambition with the flavor of on-the-ground policy-making in Beijing, this book is a major contribution to the study of reform in China and other communist countries. This title is part of UC Press's Voices Revived program, which commemorates University of California Press's mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1994. In the past decade, China was able to carry out economic reform without political reform, while the Soviet Union attempted the opposite strategy. How did China succeed at economic market reform without changing communist rule? Susan Shirk shows that Chine

Economic Change and Political Liberalization in Sub-Saharan Africa

Economic Change and Political Liberalization in Sub-Saharan Africa PDF Author: Jennifer A. Widner
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 328

Book Description
Aims to establish the nature of the relationship between the economic challenges of the 1980s and the steps toward greater political openness taken by governments at the end of that decade.

Political Liberalization and Democratization in the Arab World

Political Liberalization and Democratization in the Arab World PDF Author: Rex Brynen
Publisher: Lynne Rienner Publishers
ISBN: 9781555875794
Category : Political Science
Languages : en
Pages : 364

Book Description
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.

Resilient Liberalism in Europe's Political Economy

Resilient Liberalism in Europe's Political Economy PDF Author: Vivien A. Schmidt
Publisher: Cambridge University Press
ISBN: 1107435692
Category : Political Science
Languages : en
Pages : 473

Book Description
Why have neo-liberal economic ideas been so resilient since the 1980s, despite major intellectual challenges, crippling financial and political crises, and failure to deliver on their promises? Why do they repeatedly return, not only to survive but to thrive? This groundbreaking book proposes five lines of analysis to explain the dynamics of both continuity and change in neo-liberal ideas: the flexibility of neo-liberalism's core principles; the gaps between neo-liberal rhetoric and reality; the strength of neo-liberal discourse in debates; the power of interests in the strategic use of ideas; and the force of institutions in the embedding of neo-liberal ideas. The book's highly distinguished group of authors shows how these possible explanations apply across the most important domains - fiscal policy, the role of the state, welfare and labour markets, regulation of competition and financial markets, management of the Euro, and corporate governance - in the European Union and across European countries.

Analyzing the Global Political Economy

Analyzing the Global Political Economy PDF Author: Andrew Walter
Publisher: Princeton University Press
ISBN: 1400837804
Category : Political Science
Languages : en
Pages : 294

Book Description
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