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The Political Economy of Household Services in Europe (Work and Welfare in Europe)
by Clément CarbonnierThis edited volume assesses from a variety of perspectives the policies introduced to support the development of household services across Europe. It highlights the impact of these costly policies on the creation of low quality jobs and on labour market dualisation, and questions their social and economic outcomes.
The Political Economy of Human Behaviour and Economic Development: Psychology and Economic Development
by Sangaralingam RameshThis book explores how economics can be based around studies on human behaviour, rather than relying on overly simplified assumptions generated from mathematical modelling. Through examining the link between human economic activity and psychology, specifically regarding the development of cognitive and non-cognitive ability, insight into the human dimensions of economic development and the sources of human inequality are provided.This book aims to question assumptions of rationality utilised in neoclassical economic theory and suggest how economic activity can be better understood through a deeper recognition of human behaviour. It will be relevant to students and researchers interested in the political economy and behavioural economics.
The Political Economy of Human Happiness
by Benjamin RadcliffData, methods and theories of contemporary social science can be applied to resolve how political outcomes in democratic societies determine the quality of life that citizens experience. Radcliff seeks to provide an objective answer to the debate between left and right over what public policies best contribute to people leading positive and rewarding lives. Radcliff offers an empirical answer, relying on the same canons of reason and evidence required of any other issue amenable to study through social-scientific means. The analysis focuses on the consequences of three specific political issues: the welfare state and the general size of government, labor organization, and state efforts to protect workers and consumers through economic regulation. The results indicate that in each instance, the program of the Left best contributes to citizens leading more satisfying lives and, critically, that the benefits of greater happiness accrue to everyone in society, rich and poor alike.
The Political Economy of Hungary: From State Capitalism to Authoritarian Neoliberalism
by Adam FabryThis book explores the political economy of Hungary from the mid-1970s to the present. Widely considered a ‘poster boy’ of neoliberal transformation in post-communist Eastern Europe until the mid-2000s, Hungary has in recent years developed into a model ‘illiberal’ regime. Constitutional checks-and-balances are non-functioning; the independent media, trade unions, and civil society groups are constantly attacked by the authorities; there is widespread intolerance against minorities and refugees; and the governing FIDESZ party, led by Prime Minister Viktor Orbán, controls all public institutions and increasingly large parts of the country’s economy. To make sense of the politico-economical roller coaster that Hungary has experienced in the last four decades, Fabry employs a Marxian political economy approach, emphasising competitive accumulation, class struggle (both between capital and labour, as well as different ‘fractions of capital’), and uneven and combined development. The author analyses the neoliberal transformation of the Hungarian political economy and argues that the drift to authoritarianism under the Orbán regime cannot be explained as a case of Hungarian exceptionalism, but rather represents an outcome of the inherent contradictions of the variety of neoliberalism that emerged in Hungary after 1989.
The Political Economy of Hydropower in Southwest China and Beyond (International Political Economy Series)
by Jean-François Rousseau Sabrina Habich-SobiegallaThis book conceptualises the ongoing hydropower expansion in Southwest China as a socio-political and transnational project transcending the construction of dams. Chapters in this volume are organised around three sections spanning hydropower and resettlement governance, rural livelihoods, and international relations connected to China’s hydropower expansion. Dam projects of various scales are analysed as infrastructure projects that shape peoples’ livelihoods, the environment, and China’s relations with Southeast Asia, Africa, and Latin America.
The Political Economy of Imperial Relations: Britain, the Sterling Area, and Malaya 1945-1960 (Cambridge Imperial and Post-Colonial Studies)
by Alex SuttonThe Political Economy of Imperial Relations offers a much needed historical and theoretical intervention into the relationship between Britain and Malaya after the Second World War. It challenges existing accounts and details a strong continuity in this relationship from 1945 until 1960.
The Political Economy of Independence in Europe (Routledge Studies in the European Economy)
by Hana LipovskáThis book examines secessionism, separatism, and calls for independence in the European Union in recent history and within an economic context. It contributes to the deeper understanding of factors influencing the individual decision-making processes around secession, using economic analysis to answer a set of simple questions about who the secessionists are, what they really want, what their incentives are, and why it is easier to declare their secessionist tendencies than to vote for secession. This a highly topical theme, given the secessionist referenda in Catalonia, Scotland, Ukraine, Kosovo, and the United Kingdom, and this book offers a unique contribution to the debate. It is based on an exclusive survey carried out among members of the pro-independence parties and movements across 17 European countries and 56 European regions. It uses the instruments of the Political Economy of Conflict to reveal the importance of romantic and economic factors influencing the drive towards secession. Secessions have been regarded as a purely romantic phenomenon that cannot be rationalised, whereas this book connects the sensibility of romantic factors such as language, religion or ethnicity with the sense of economic factors through its rational, economic approach. Furthermore, it applies the standard methodology of microeconomic analysis to discover the impact of individual pro-secessionist factors. An integral part of the text presents a brief historic overview, uncovering the lesser-known path dependency. The book will find an audience among researchers, scholars, and students of economics and political science, as well as policy-makers and professionals engaged with a secessionist agenda.
The Political Economy of Independent Ukraine
by Oleh HavrylyshynMarking the 25th anniversary of Ukraine as a sovereign nation, this book traces its economic transformation since 1991. Post-communist transition has been a highlight of recent history, and Ukraine stands out as one of its most interesting and puzzling cases. Havrylyshyn offers the first comprehensive treatise on the entire period, providing a thorough description of the slow evolution of economic reforms, exploring how and why performance in this regard fell far behind the leaders in transition. Testing several conventional hypotheses, the author argues that while Russian imperialism may form part of the explanation, the self-serving interests of domestic elites and new oligarchs may be even more important. Radically revising the traditional argument that reforms were delayed to allow nation building, this book contends that it was due more to the interests of the non-lustrated elite, who needed time to become the new capitalists.
The Political Economy of India's Economic Development: Before the Indus Civilisation to Alexander the Great (Palgrave Studies in Economic History)
by Sangaralingam RameshThis book, the first of two volumes, explores India’s economic development from 5000BC through to the India’s independence period from 1947AD to 2022AD. The specific characteristics of economic development in India are examined to help determine development paths India can pursue to create sustainable development in the 21st century. The transition from the primary section to the secondary sector, through the process of industrialisation and in turn the move towards the services sector, is discussed in relation to climate change and the pressure on resources posed by population growth.This book aims to contextualise India’s economic development within the political economy of trade, sustainable development and culture with a particular focus on the institutions that have emerged in the Indian sub-continent since 5000BC. It will be relevant to students and researchers interested in economic history, development economics, and the political economy.
The Political Economy of India's Growth Episodes
by Sabyasachi Kar Kunal Sen'This book is different from most other attempts to understand the politics of Indian economic development. Breaking down the last 65+ years of Indian development into several episodes of growth, it provides a rich set of insights into the political economy of the Indian development process and is a valuable addition to the literature. ' -Pranab Bardham, University of California, Berkeley, USA 'Sustained economic growth in the world's largest democracy is critically important to human well-being, but the ups and downs of growth in India are not well-understood. This book provides a fresh and insightful approach to understanding what drives the starts of booms and the onset of slowdowns. ' -Lant Pritchett, Harvard University, USA 'This is a little book with big arguments. The authors' explanation of the changing character of the deals done between political and business elites makes for the most original contribution to studies of the political economy of Indian development since Pranab Bardhan's seminal work of the early 1980s' -John Harriss, Simon Fraser University, Vancouver, CanadaThis book moves beyond the usual economic analysis of the Indian growth story and provides a fresh perspective on the determinants of growth episodes in post-independence India, based on its political economy. Using a robust and novel technique, the authors identify four such episodes during this period. The first, running from the 1950s to 1992, was mostly characterized by economic stagnation, with a nascent recovery in the eighties. The second, covering the period 1993 to 2001, witnessed the first growth acceleration in the economy. A second acceleration ran from 2002 to 2010. The fourth and final episode started with the slowdown in 2010 and continues to this day. The book provides a theoretical framework that focuses on rent-structures, institutions and the polity, and demonstrates how changes in these can explain the four growth episodes. Kar and Sen argue that the transitions from one growth episode to another can be explained by the bi-directional relationship between growth outcomes and institutional arrangements, and by the manner in which institutional arrangements and their transitions are determined by the political bargains struck between the elite groups in Indian society.
The Political Economy of India’s Economic Development: The Gupta Empire to an Independent India and Beyond (Palgrave Studies in Economic History)
by Sangaralingam RameshThis book, the second of two volumes, explores India’s economic development from the Gupta Empire (400AD) through to modern day India. The specific characteristics of economic development in India are examined to help determine development paths India can pursue to create sustainable development in the 21st century. The transition from the primary section to the secondary sector, through the process of industrialisation and in turn the move towards the services sector, is discussed in relation to climate change, technological innovation, and the pressure on resources posed by population growth. This book aims to contextualise India’s economic development within the political economy of trade, with a particular focus on institutions such as the IMF and the British East India Company. It will be relevant to students and researchers interested in economic history, development economics, and the political economy.
The Political Economy of Industry Organizations and Mercosur's North-South Trade Negotiations: The cases of Brazil and Argentina (International Political Economy Series)
by Nicolás Pose-FerraroThis book addresses two of the most relevant yet understudied questions in field of International Political Economy (IPE): 1) what explains the trade policy preferences of the organizations that represent economic producers in the political sphere?; and 2) how they are formed? Specifically, it focuses on the evolution of the preferences of industry peak organizations in Brazil and Argentina, the National Confederation of Industry (CNI) -and the Sao Paulo Federation of Industries (FIESP) - in the first case, and the Argentine Industrial Union (UIA) in the second, regarding Mercosur's preferential trade agreements (PTA) negotiation agenda between 2010 and 2020. The author proposes a novel explanation, which combines elements from the open economy politics (OEP) paradigm with insights from ideational IPE. This book will appeal to research scholars, postgraduate and advanced undergraduate students, policymakers and professionals working in the fields of trade and industrial policies, trade agreements and negotiations, regionalism and government-business relations.
The Political Economy of Innovation and Entrepreneurship: From Theories to Practice
by Ivar JonssonThis book offers a general theoretical framework for approaching innovation and entrepreneurship, using practical and up-to-date examples to demonstrate three different levels of innovation and entrepreneurship: the macro-level, which concerns the impact of innovation activity on economic growth and production systems; the meso-level, which concerns the relations between firms, research institutes and governmental bodies and their role in innovation activity; and the micro-level, which concerns the dynamics of innovations within firms and organisations. Providing a critical overview of existing research and demonstrating the importance of a transdisciplinary framework for studies of innovation and entrepreneurship, the author advances a general concept of ’collective entrepreneurship’ that emphasises the social and collaborative nature of innovation and entrepreneurship, thus shedding light on processes of innovation and entrepreneurship as active practices of social construction. As such, it will appeal to scholars of economic sociology, political science, economic geography and economists, as well as those with interests in innovation policy.
The Political Economy of International Agreements: A Collection of Essays (International Law and Economics)
by Florian Kiesow CortezThis volume analyzes international agreements from a political economy perspective. In four essays, it raises the question of whether domestic institutions help explain if countries join international agreements, and in case they do, what type of international organization they join. The book examines how specific democratic design elements channel and mediate domestic demands directed at politicians, and how under certain circumstances entering international agreements helps politicians navigate these demands to their benefit. The volume also distinguishes between different types of international instruments with a varying expected constraining effect upon member states, and empirically tests if this matters for incentives to join. The volume addresses scholars, students, and practitioners interested in a better understanding of how the shape of domestic institutions affects politicians’ incentives to enter into binding international agreements.
The Political Economy of International Relations
by Robert GilpinAfter the end of World War II, the United States, by far the dominant economic and military power at that time, joined with the surviving capitalist democracies to create an unprecedented institutional framework. By the 1980s many contended that these institutions--the General Agreement on Tariffs and Trade (now the World Trade Organization), the World Bank, and the International Monetary Fund--were threatened by growing economic nationalism in the United States, as demonstrated by increased trade protection and growing budget deficits. In this book, Robert Gilpin argues that American power had been essential for establishing these institutions, and waning American support threatened the basis of postwar cooperation and the great prosperity of the period. For Gilpin, a great power such as the United States is essential to fostering international cooperation. Exploring the relationship between politics and economics first highlighted by Adam Smith, Karl Marx, and other thinkers of the eighteenth and nineteenth centuries, Gilpin demonstrated the close ties between politics and economics in international relations, outlining the key role played by the creative use of power in the support of an institutional framework that created a world economy. Gilpin's exposition of the in.uence of politics on the international economy was a model of clarity, making the book the centerpiece of many courses in international political economy. At the beginning of the twenty-first century, when American support for international cooperation is once again in question, Gilpin's warnings about the risks of American unilateralism sound ever clearer.
The Political Economy of Intra-BRICS Cooperation: Challenges and Prospects (International Political Economy Series)
by Siphamandla ZondiThis book uses the idea of internal cohesion through intra-BRICS cooperation to make the argument that the next phase in the evolution of BRICS is to strengthen cooperation among BRICS countries in the implementation of decisions taken. There is a risk that what the BRICS promises and what it represents both in the eyes of its friends and foes might not materialise in the absence of central institutions. So, the book calls for the deepening intra-BRICS cooperation across all policy areas where there are already undertakings could help mitigate this risk.
The Political Economy of Investment in Syria (Studies In The Political Economy Of Public Policy)
by Linda MatarThe Political Economy of Investment in Syria.
The Political Economy of Investment in Syria (Studies in the Political Economy of Public Policy)
by Linda MatarLinda Matar examines Syria's failure to promote employment-generating investment prior to the uprising. Tackling the thorny issue of the inapplicability of modern investment theory to a developing country, she situates the analysis of investment in Syria in its historical context and examines the socioeconomic structure and political preconditions that set the course of capital accumulation. Matar argues that the class in charge of development, which oversaw the allocation of resources during the Hafiz and Bashar Assad regimes, precipitated a crisis of capital accumulation. Difficult-to-access data and information compiled from fieldwork reveal how neoliberal reforms failed to build productive capacity and instead enriched a few through short-term speculative and mercantile ventures. Productive investment in Syria prior to the uprising lurched downward, and the key related socio-economic variables followed. These deteriorating conditions contributed to the social explosion in 2011. Exploring the poor quality and quantity of investment, this study probes how the cant of the free market served as a veneer behind which the institutional decisions distorted income distribution in a way that would inevitably lead to collapse.
The Political Economy of Iran: Development, Revolution and Political Violence (Political Economy of Islam)
by Farhad Gohardani Zahra TizroThis study entails a theoretical reading of the Iranian modern history and follows an interdisciplinary agenda at the intersection of philosophy, psychoanalysis, economics, and politics and intends to offer a novel framework for the analysis of socio-economic development in Iran in the modern era. A brief review of Iranian modern history from the Constitutional Revolution to the Oil Nationalization Movement, the 1979 Islamic Revolution, and the recent Reformist and Green Movements demonstrates that Iranian people travelled full circle. This historical experience of socio-economic development revolving around the bitter question of “Why are we backward?” and its manifestation in perpetual socio-political instability and violence is the subject matter of this study. Michel Foucault’s conceived relation between the production of truth and production of wealth captures the essence of hypothesis offered in this study. Foucault (1980: 93–94) maintains that “In the last analysis, we must produce truth as we must produce wealth; indeed we must produce truth in order to produce wealth in the first place.” Based on a hybrid methodology combining hermeneutics of understanding and hermeneutics of suspicion, this monograph proposes that the failure to produce wealth has had particular roots in the failure in the production of truth and trust. At the heart of the proposed theoretical model is the following formula: the Iranian subject’s confused preference structure culminates in the formation of unstable coalitions which in turn leads to institutional failure, creating a chaotic social order and a turbulent history as experienced by the Iranian nation in the modern era. As such, the society oscillates between the chaotic states of socio-political anarchy emanating from irreconcilable differences between and within social assemblages and their affiliated hybrid forms of regimes of truth in the springs of freedom and repressive states of order in the winters of discontent. Each time, after the experience of chaos, the order is restored based on the emergence of a final arbiter (Iranian leviathan) as the evolved coping strategy for achieving conflict resolution. This highly volatile truth cycle produces the experience of socio-economic backwardness and violence. The explanatory power of the theoretical framework offered in the study exploring the relation between the production of truth, trust, and wealth is demonstrated via providing historical examples from strong events of Iranian modern history. The significant policy implications of the model are explored. This monograph will appeal to researchers, scholars, graduate students, policy makers and anyone interested in the Middle Eastern politics, Iran, development studies and political economy.
The Political Economy of Italy's Decline, First Edition
by Andrea Lorenzo CapusselaThe Political Economy of Italy's Decline argues that the deeper roots of the decline lie in the political economy of growth. It places emphasis on the country's convergence to the productivity frontier and the evolution of its social order and institutions to illuminate the origins and evolution of the current constraints to growth, using institutional economics and Schumpeterian growth theory to support its findings.
The Political Economy of Japanese Monetary Policy
by Takatoshi Ito Thomas F. Cargill Michael M. HutchisonThis book is about the formulation and execution of Japanese monetary policy within a broad political and institutional context. We explore the creation and the evolution of central banking in Japan, the institutional structure, how policy is formulated and how it has evolved in the face of Japan's changing domestic and international environment, and how policy is influenced by Japan's political institutions and by the Bank of Japan's formal and informal relationship with the Ministry of Finance. Our primary focus is on recent experience, especially since the collapse of the Bretton Woods system. Though we also discuss the historical record and the "high growth" with a fixed exchange rate in the period 1959-1971, the fundamental changes on the real and financial sides of the Japanese economy that have occurred in the past 20 years have done much to diminish the relevance of the previous periods to the present workings and policies of the Bank of Japan.
The Political Economy of Japanese Trade Policy (Critical Studies of the Asia-Pacific)
by Aurelia George Mulgan Masayoshi HonmaThe Political Economy of Japanese Trade Policy.
The Political Economy of Japanese Trade Policy (Critical Studies of the Asia-Pacific)
by Aurelia George Mulgan Masayoshi HonmaThis study provides up-to-date coverage of the most important domestic and external political and economic influences on Japanese trade policy, as well as the evolutionary dynamics of that policy in the post-war period.
The Political Economy of Kidnapping and Insecurity in Nigeria: Beyond News and Rumours (Advances in African Economic, Social and Political Development)
by J. Shola Omotola Samuel OyewoleProviding unique perspectives on one of the leading hotspots of kidnapping in the world, this book examines the political and socioeconomic dimensions of the causes, manifestations, and consequences of kidnapping in Nigeria, as well as some of the control measures that have been adopted at different levels of governance and their effectiveness. The topics covered in the volume include details on the framework of understanding kidnapping, the evolution of kidnapping from pre-colonial to post-colonial eras, and the relationship between ungoverned spaces and kidnapping in the country. The book further sheds light on kidnapping in the context of insurgent campaigns, with insights into oil-related militancy in the Niger Delta region, with the Islamist Boko Haram insurgency and terrorism in the Northern region of Nigeria. It discusses non-insurgent kidnapping, situating kidnapping in the contexts of banditry, ransoming, ritualism, baby factory, and human trafficking. Additionally,the volume analyses the emerging gender and transnational frontiers of kidnapping in Nigeria. Expanding the discussion on state responses, this book also looks into responses of non-state actors to kidnapping as well as negotiations in hostage crisis management. Finally, it examines other unique subjects, such as media coverage of kidnapping, and the consequences for Nigeria’s international image. The book will appeal to students, scholars, and researchers of political science, international relations, economics, sociology, history, law and business management in general, as well as African studies, security studies, criminology, peace and conflict studies, and geography and area studies. It will also be helpful for public policy-makers, African security experts and professionals, as well as business managers, risk analysists and insurance industry that are interested in a better understanding of kidnapping and associated political, social, economic, and security dynamicsin Nigeria and beyond.
The Political Economy of Labour Market Institutions
by Gilles Saint-PaulAccording to most orthodox economists, labour market rigidities are the key culprit for such high unemployment as has been observed in Europe during the past three decades. But governments that have attempted to follow the standard prescription of removing rigidities have often faced harsh political opposition. This book looks at why labour market institutions such as employment protection, unemployment benefits, and relative wage rigidities exist, what role they play in society, why they seem so persistent, where the pressure to reform them comes from, and whether reform can be politically viable or not. The book ascribes a central role to the existence of underlying microeconomic frictions and to redistributive pressures between rich and poor, and shows how these ingredients may give rise to labour market rents, which in turn explain why a coherent set of rigidities arise as the outcome of the political process. It is also shown that, at the same time, such rents create resistance to reform, and contribute to locking society into a high-unemployment, rigid equilibrium. Finally, the basic principles exposed in the book are used to discuss various strategies for a successful labour marketer form.