Author: Robert W. BaileyPublisher: State University of New York Press
ISBN: 0791495604
Category : History
Languages : en
Pages : 248
Book Description
The Crisis Regime
Author: Robert W. BaileyPublisher: State University of New York Press
ISBN: 0791495604
Category : History
Languages : en
Pages : 248
Book Description
Economic Crises and the Breakdown of Authoritarian Regimes
Author: Thomas B. PepinskyPublisher: Cambridge University Press
ISBN: 1139480413
Category : Political Science
Languages : en
Pages : 345
Book Description
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.
Crisis
Author: Sylvia WalbyPublisher: John Wiley & Sons
ISBN: 150950320X
Category : Social Science
Languages : en
Pages : 174
Book Description
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.
State of Crisis
Author: Zygmunt BaumanPublisher: John Wiley & Sons
ISBN: 0745685293
Category : Social Science
Languages : en
Pages : 151
Book Description
Today we hear much talk of crisis and comparisons are often made with the Great Depression of the 1930s, but there is a crucial difference that sets our current malaise apart from the 1930s: today we no longer trust in the capacity of the state to resolve the crisis and to chart a new way forward. In our increasingly globalized world, states have been stripped of much of their power to shape the course of events. Many of our problems are globally produced but the volume of power at the disposal of individual nation-states is simply not sufficient to cope with the problems they face. This divorce between power and politics produces a new kind of paralysis. It undermines the political agency that is needed to tackle the crisis and it saps citizens’ belief that governments can deliver on their promises. The impotence of governments goes hand in hand with the growing cynicism and distrust of citizens. Hence the current crisis is at once a crisis of agency, a crisis of representative democracy and a crisis of the sovereignty of the state. In this book the world-renowned sociologist Zygmunt Bauman and fellow traveller Carlo Bordoni explore the social and political dimensions of the current crisis. While this crisis has been greatly exacerbated by the turmoil following the financial crisis of 2007-8, Bauman and Bordoni argue that the crisis facing Western societies is rooted in a much more profound series of transformations that stretch back further in time and are producing long-lasting effects. This highly original analysis of our current predicament by two of the world’s leading social thinkers will be of interest to a wide readership.
State Crisis in Fragile Democracies
Author: Samuel HandlinPublisher: Cambridge University Press
ISBN: 1108415423
Category : Political Science
Languages : en
Pages : 337
Book Description
This book develops a new political-institutional explanation of South America's 'two lefts' and the divergent fates of the region's democratic regimes.
The Mediterranean Welfare Regime and the Economic Crisis
Author: Francisco Javier Moreno-FuentesPublisher: Routledge
ISBN: 1317661230
Category : Social Science
Languages : en
Pages : 176
Book Description
This book examines the recent evolution of the Mediterranean Welfare regime, and how the economic crisis may be contributing to redefine its basic traits. Moving from the macro comparative analysis of long-term socio-demographic trends to the study of specific welfare programs, the chapters included in this book employ a variety of methods and approaches to review the specificities of the Mediterranean Welfare model. All chapters aim to analyze the role that the recent transformations experienced by Southern European societies (ageing, increasing women labour market participation, decreasing expectations for care within the family, immigration) have had over this model. The basic characteristics of this regime type are supposed to be strongly grounded in the values shared by these societies (familistic tendencies, clientelism, lack of generalized trust), but the modernization which these countries experienced in recent years have contributed, with a different speed and to a different degree, to a significant transformation in their axiological foundations. The impact of the current fiscal and economic crisis on the Mediterranean Welfare regimes may be contributing to the growing de-legitimatisation of political systems of these countries, something particularly important in a region that established democratic regimes only (relatively) recently. This book was originally published as a special issue of European Societies.
Tangled Governance
Author: C. Randall HenningPublisher: Oxford University Press
ISBN: 0198801807
Category : Business & Economics
Languages : en
Pages : 316
Book Description
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.
Capitalizing on Crisis
Author: Greta R. KrippnerPublisher: Harvard University Press
ISBN: 0674050843
Category : Business & Economics
Languages : en
Pages : 241
Book Description
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.
Economic Crises and Policy Regimes
Author: Hideko MagaraPublisher: Edward Elgar Publishing
ISBN: 1782549927
Category : Business & Economics
Languages : en
Pages : 443
Book Description
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
The Crisis of the Institutional Press
Author: Stephen D. ReesePublisher: John Wiley & Sons
ISBN: 1509538046
Category : Language Arts & Disciplines
Languages : en
Pages : 142
Book Description
As polarized factions in society pull apart from economic dislocation, tribalism, and fear, and as strident attacks on the press make its survival more precarious, the need for an institutionally organized forum in civic life has become increasingly important. Populist challenges amplified by a counter-institutional media system have contributed to the long-term decline in journalistic authority, exploiting a post-truth mentality that strikes at its very core. In this timely book, Stephen Reese considers these threats through a new conception of the ‘hybrid institution’: an idea that extends beyond the traditional newsroom, and distributes across multiple platforms, national boundaries, and social actors. What is it about the institutional press that we value, and around what normative standards could a hybrid institution emerge? Addressing these questions, Reese highlights how this is no time to be passive but rather to articulate and defend greater aspirations. The institutional press matters more than ever: a reality that must be communicated to a public that depends on it. The Crisis of the Institutional Press is an essential resource for students and scholars of journalism, media and communication.