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The Political Economy of the Common Agricultural Policy: Coordinated Capitalism or Bureaucratic Monster?
by Fernando CollantesWhat is the balance of the European Union’s Common Agricultural Policy more than half a century after its birth? Does it illustrate the virtues of the European model of coordinated capitalism, as opposed to US-style liberal capitalism? Or is it an incoherent set of instruments that exert diverse negative impacts and, like Frankenstein’s monster, seems to have escaped the control of its designers? The Political Economy of the Common Agricultural Policy does not criticize the CAP from the liberal standpoint that views most public interventions in the economy as bad for efficiency and welfare. The CAP has been costly to Europeans, both as consumers and as taxpayers, and has also generated a number of negative impacts upon third countries, but these costs and impacts have been more moderate than is suggested. This book proposes that the issue with the CAP is not a generic problem of coordinating capitalism but, instead, a more specific problem of low-quality coordination. The text argues that profound reform of the European Union’s institutions and policies is required to counter the rapid rise of a more Eurosceptical state of mind but – in the case of agricultural policy – history casts serious doubts on the capacity of the European network of agriculture-related politicians to lead such a reform. This key work is essential reading for researchers, graduate students, and master’s level docents of the Common Agricultural Policy and – more broadly – European Union policy and reform.
The Political Economy of the Egyptian Revolution: Mubarak, Economic Reforms and Failed Hegemony
by Roberto RoccuFocusing on the economic reforms adopted under Mubarak, Roberto Roccu provides the first account of the deeper socio-economic dynamics that made the 2011 Egyptian revolution possible.
The Political Economy of the European Social Model (Routledge Studies In The European Economy Ser. #26)
by Philip B. Whyman Mark J. Baimbridge Andrew MullenThis book seeks to analyse the development of the European Union (EU), which was founded upon the principle of the free movement of capital, goods, services and people in 1957. Its central thesis is that, from a practical and theoretical point of view, such a basis is fundamentally at odds with the creation of an interventionist regime that the construction of a social Europe would require. The authors argue convincingly that - economically: the EU does not currently possess the budget or the economic tools to pursue such a strategy; politically: close to none of the institutions of the EU have backed such a policy; practically: conservative and neo-liberal forces (among member states and the institutions of the EU) have repeatedly thwarted any moves in this direction. In reality, the Single Internal Market, Economic and Monetary Union, enlargement, the Lisbon Agenda and European Constitution projects all prioritise supply-side measures and expanding the scope of the market rather than the boosting of demand and other economic intervention. Consequently, constructing a social Europe in the face of this would appear problematic. Hence, in both theory and practice, the idea that there can be a social Europe vis-à-vis neoliberalisation is a contradiction in terms. This controversial book will be an educating and refreshing read for advanced students and academics involved with European politics, the European Union, European Economics and Economic instititutions.
The Political Economy of the Eurozone
by Roberto Scazzieri D’maris Coffman Ivano CardinaleThe Eurozone is not a mere currency area. It is also a unique polity whose actors span multiple levels (supranational, national, regional, sectoral) and pursue overlapping economic and political objectives. Current thinking on the Eurozone relies on received categories that struggle to capture these constitutive features. This book addresses this analytical deficit by proposing a new approach to the political economy of the Eurozone, which captures economic and political interdependencies across different levels of decision making and sheds light on largely unexplored problems. The book explores the opportunities afforded by the structure of the Eurozone, and lays the foundations of a political economy that poses new questions and requires new answers. It provides categories that are firmly grounded in the existing configuration of the Eurozone, but are a precondition for overcoming the status quo in analysis and policy.
The Political Economy of the Eurozone in Central and Eastern Europe: Why In, Why Out? (Europa Perspectives on the EU Single Market)
by Krisztina AratóThe idea for this volume came from the enigma that some Central and Eastern European (CEE) European Union (EU) member states have been keen to join the Eurozone while others have shown persistent reluctance. Moreover, the attitudes towards joining have seemingly not correlated with either the level of economic development or the time spent as part of the EU, nor with any other rational reason such as the level of integration into the EU real economy, or the level of trust in the EU on the part of the public. Therefore, at first sight, the answer to the question ‘why in, why out?’ remains rather unclear. The attractiveness of the currency union has nevertheless not disappeared for the CEE countries. Despite the Eurozone crisis of 2010–13, it was during that time that the Baltic states introduced the euro. Then, after a few years of inactivity, Croatia and Bulgaria successfully applied for membership of the exchange rate mechanism in July 2020, amid the economic crisis caused by the coronavirus (COVID-19) pandemic. At the same time, the three Visegrad countries still using their national currencies – Poland, Czechia and Hungary – no longer have a target date to join the monetary union. This volume aims to discuss these issues from horizontal aspects and through country studies, with contributions from expert authors from, or closely related to, the CEE region.
The Political Economy of the Eurozone’s Rollercoaster: Greece and Portugal from the Global Financial Crisis to Covid-19 (International Political Economy Series)
by Konstantinos MyrodiasGlobal crises throughout history have shaken humanity and transformed economies and societies. The Eurozone faced two such crises soon after its foundation. This book brings new insights regarding the Eurozone’s response to the Global Financial Crisis in 2008 and the Covid-19 pandemic and its effectiveness in dealing with the macroeconomic imbalances in Europe. Is the Eurozone more resilient now? This book is an indispensable addition to the literature on the recent global crises and the Eurozone for both academics and policymakers who are eager to delve deeper into these vital questions.
The Political Economy of the Irish Welfare State: Church, State and Capital
by Fred PowellThe political economy of the Irish welfare state provides a fascinating interpretation of the evolution of social policy in modern Ireland, as the product of a triangulated relationship between church, state and capital. Using official estimates, Professor Powell demonstrates that the welfare state is vital for the cohesion of Irish society with half the population at risk of poverty without it. However, the reality is of a residual welfare system dominated by means tests, with a two-tier health service, a dysfunctional housing system driven by an acquisitive dynamic of home-ownership at the expense of social housing, and an education system that is socially and religiously segregated. Using the evolution of the Irish welfare state as a narrative example of the incompatibility of political conservatism, free market capitalism and social justice, the book offers a new and challenging view on the interface between structure and agency in the formation and democratic purpose of welfare states, as they increasingly come under critical review and restructuring by elites.
The Political Economy of the Kimberley Process
by Nathan MunierIn the late 1990s, the issue of diamonds contributing to conflict began to receive global attention. In response, the Kimberley Process, an international agreement drawn up in 2003, was implemented to reduce the trade of conflict diamonds and provide a way to certify the global diamond trade. This study looks at the political economy of resource-wealthy states in Africa to understand responses to the Kimberley Process, asking why some African states have higher levels of compliance and co-operation than others. Using cross-country comparisons to explain differing state policies and outcomes, Nathan Munier explores whether domestic, private economic actors matter in how international agreements operate. In doing so, he asks why states that regularly ignore international agreements will use scarce resources to raise their level of compliance with the Kimberley Process. Focusing on the domestic political economy of states, in contrast to past theories of state responses to international agreements, Munier finds that economic dependence and the preferences of private actors are essential in understanding the variation of state responses to international agreements.
The Political Economy of the SARS Epidemic: The Impact on Human Resources in East Asia (Routledge Studies in the Growth Economies of Asia)
by Grace Lee Malcolm WarnerThis book discusses the political economy of the SARS epidemic and its impact on human resources in East Asia, as it occurred in 2003. The epidemic spread from the People’s Republic of China, to Hong Kong, Singapore and Taiwan, amongst other countries in East Asia and as far away as North America, particularly Canada, the EU and elsewhere. The book looks first at earlier precedents, such as the Black Death and the way in which the potential threats of the recent epidemic were diffused across the world in ‘instant news’ reports; examining why it was dubbed the first ‘global epidemic’ due to its media coverage and how far the threat started a psychological ‘tsunami’ of fear and panic. Next, it examines the anticipated economic consequences arising from this phenomenon and how it affected the business of everyday life, market behaviour and human resources in the Chinese and Overseas Chinese economies. It focuses in particular detail on the cases of the PRC, Hong Kong, Singapore and Taiwan. It concludes with a discussion of the issues involved and lessons to be learnt, and draws conclusions both for theory and practice vis-à-vis future pandemics that may threaten the global economy in the coming decade and the public policy issues involved
The Political Economy of the Small Firm (Routledge Frontiers of Political Economy #28)
by Charles Dannreuther Lew PerrenFor many, small firms are everyday realities of the economy and visible in every high-street and industrial estate. Their existence and importance is unquestionable. Such beliefs are understandable, but the authors of this new book would suggest they are misguided. The Political Economy of the Small Firm challenges the assumptions regarding small firms that pervade society and political representation. Small firms are not organised into a homogenous sector that has a clear constituency or political influence. In fact, the small firm is shown to be an inconstant political construct that is discursively ethereal and vulnerable to political exploitation. Fusing theories from political science, management and linguistics, Dannreuther and Perren assert that the idea of the small firm is an important discursive resource used by political actors to legitimise their actions, influence their citizens and help sustain regimes of accumulation. On top of this, the authors also empirically test their claims against 200 years of UK parliamentary debate, from the Industrial Revolution to the Blair government. The political construction of the small firm is shown not only to provide rhetorical mechanisms to maintain periods of capitalist accumulation, but also to increase the relative autonomy of the state and to centralise power to elite politicians. For a period of 150 years up to the 1970s, the small firm was an unexplored presence, below the political radar and resonant with poor working standards and extreme forms of competition. During the so-called Fordist period from the 1930s, the small firm was seen as the dirty, out-dated, contrast to the clean, modern future represented by mass production and corporations. The perceived failure of Fordism led to the invention of the small firm and its presentation as an ideal political construct. By fabricating assertions of what small firms are and what they want, frequently out of conjecture, the authors of this book show how political elites have been able to advocate radical reformist agendas since the 1970s in the name of a phantom constituency.
The Political Economy of the Small Welfare State in South Korea
by Yang Jae-JinThis book explains why the Korean welfare state is underdeveloped despite successful industrialization, democratization, a militant labor movement, and a centralized meritocracy. Unlike most social science books on Korea, which tend to focus on its developmental state and past years' rapid economic development, this book deals with social welfare issues and politics during the critical junctures in Korea's history: industrialization in the 1960-70s, the democratization and labor movement in the mid-1980s, globalization and the financial crisis in the 1990s and the 'wind of free welfare' in the 2010s. It highlights the self-interested activities of Korea's militant enterprise unionism at variance with those of a more solidaristic industrial unionism in the European welfare states. Korean big business, the chaebol, accommodated the unions' call for higher wages and more corporate welfare, which removed practical incentives for unions to demand social welfare. Korea's single-member-district electoral rules also induce politicians to sell geographically targeted, narrow benefits rather than public welfare for all.
The Political Economy of the Special Relationship: Anglo-American Development from the Gold Standard to the Financial Crisis
by Jeremy GreenHow America's global financial power was created and shaped through its special relationship with BritainThe rise of global finance in the latter half of the twentieth century has long been understood as one chapter in a larger story about the postwar growth of the United States. The Political Economy of the Special Relationship challenges this popular narrative. Revealing the Anglo-American origins of financial globalization, Jeremy Green sheds new light on Britain’s hugely significant, but often overlooked, role in remaking international capitalism alongside America.Drawing from new archival research, Green questions the conventional view of international economic history as a series of cyclical transitions among hegemonic powers. Instead, he explores the longstanding interactive role of private and public financial institutions in Britain and the United States—most notably the close links between their financial markets, central banks, and monetary and fiscal policies. He shows that America’s unparalleled post-WWII financial power was facilitated, and in important ways constrained, by British capitalism, as the United States often had to work with and through British politicians, officials, and bankers to achieve its vision of a liberal economic order. Transatlantic integration and competition spurred the rise of the financial sector, an increased reliance on debt, a global easing of regulation, the ascendance of monetarism, and the transition to neoliberalism.From the gold standard to the recent global financial crisis and beyond, The Political Economy of the Special Relationship recasts the history of global finance through the prism of Anglo-American development.
The Political Economy of the United Nations Security Council
by James Raymond Vreeland Axel DreherTrades of money for political influence persist at every level of government. Not surprisingly, governments themselves trade money for political support on the international stage. Strange, however, is the tale of this book. For, in this study, legitimacy stands as the central political commodity at stake. The book investigates the ways governments trade money for favors at the United Nations Security Council - the body endowed with the international legal authority to legitimize the use of armed force to maintain or restore peace. With a wealth of quantitative data, the book shows that powerful countries, such as the United States, Japan, and Germany, extend financial favors to the elected members of the Security Council through direct foreign aid and through international organizations, such as the International Monetary Fund and the World Bank. In return, developing countries serving on the Security Council must deliver their political support . . . or face the consequences.
The Political Economy: Readings in the Politics and Economics of American Public Policy (American Politics And Political Economy Ser.)
by Joel Rogers Thomas FergusonThe Political Economy is ideally suited as a supplementary text for courses in American government and politics, policy studies, business-government relations, and economic issues and policy making. It integrates selections from the very finest new and classical works of political and economic analysis, by distinguished scholars, into a comprehensive overview of the American political system.
The Political Empowerment of the Cocaleros of Bolivia and Peru
by Ursula Durand OchoaThis book offers a comparative analysis of the distinct experiences of the Peruvian and Bolivian cocaleros as political actors. In doing so, it illustrates how coca, an internationally criminalzsed good, affected the path and outcome of cocalero political empowerment in each case.
The Political Environment Of Economic Planning In Iran, 1971-1983: From Monarchy To Islamic Republic
by Hossein Razavi Firouz VakilThe Political Environment of Economic Planning in Iran, 1971-1983: From Monarchy to Islamic Republic Hossein Razavi and Firouz Vakil Based on both research and first-hand experience, this book provides a politico-economic analysis of the operation of Iran's economy before and after the revolution of February 1979. The authors discuss the function and effectiveness of economic planning during the shah's tenure and relate the shortcomings of plan preparation and implementation to the explosive psycho-economic instability of the regime. They then discuss the institutional problems that the revolutionary regime has been facing in operating the economy and foresee the possible consequences of its failure to appropriately deal with these problems. Finally, analyzing the economic postures of important opposition groups, the authors outline future prospects for economic planning in Iran.
The Political Ethics of Public Service
by Vera Vogelsang-CoombsThis book provides a defense of democratic politics in American public service and offers the political ethics of public service as a realistic and optimistic alternative to the cynical American view toward politics and public service. The author's alternative helps career public servants regain public trust by exercising constitutionally centered moral and political leadership that balances the regime values of liberty and equality in governing American society while contributing to the ethical progress of the nation. She identifies three distinct leadership styles of political ethics, enabling career public servants to reconcile their personal loyalties, morality, and consciences with the public and private morality of American society and their constitutional obligations to secure the democratic freedoms of Americans. Recognizing career public servants' moral and institutional struggles, the book proposes a rigorous leadership development program to acclimate individuals to workplace psychological, moral, and political challenges. The view offered here is that career public servants must be a part of, rather than isolated from, American politics to be effective on the job.
The Political Executive: Politicians and Management in European Local Government
by Adrian Campbell Richard BatleyFirst Published in 1992. Routledge is an imprint of Taylor & Francis, an informa company.
The Political Formulation of Policy Solutions: Arguments, Arenas, and Coalitions
by Philippe ZittounIn this book, an international group of public policy scholars revisit the stage of formulating policy solutions by investigating the basic political dimensions inherent to this critical phase of the policy process. The book focuses attention on how policy makers craft their policy proposals, match them with public problems, debate their feasibility to build coalitions and dispute their acceptability as serious contenders for government consideration. Based on international case studies, this book is an invitation to examine the uncertain and often indeterminate aspects of policy-making using qualitative analysis embedded in a political perspective.
The Political Fragmentation of Germany: Formation of German states by Infrastructures, Maps, and Movement, 1815–1866
by Zef M. SegalThis book analyses the development of German territorial states in the nineteenth century through the prism of five Mittelstaaten: Bavaria, Saxony, Hanover, Württemberg, and Baden. It asks how a state becomes a place, and argues that it involves a contested and multi-faceted process, one of slow and uneven progress. The study approaches this question from a new and crucial angle, that of spatiality and public mobility. The issues covered range from the geography of state apparatus, the aesthetics of German cartography and the trajectories of public movement. Challenging the belief that territorial delimitation is primarily a matter of policy and diplomacy, this book reveals that political territories are constructed through daily practices and imagination.
The Political Future of Hong Kong: Democracy within communist China (Routledge Studies on the Chinese Economy)
by Kit PoonOn July 1st, 2007, Hong Kong celebrated the 10th anniversary of its return to the People’s Republic of China, but the past decade has been a bumpy ride for both the Hong Kong people and the central leaders in China. In fact, in 2003 Beijing had already succumbed to public pressure within the fairly short period of its rule by abruptly replacing its handpicked first Chief Executive with a British-groomed civil servant. This book examines the origin and evolution of Hong Kong’s political system, analyses the current contradictions in the system, and discusses how the system might develop in future. It focuses in particular on the office of Chief Executive in the context of Hong Kong’s transformation from a British colony to a Special Administrative Region in China. The dualistic structure of the Chief Executive’s office embodies a dilemma between two competing imperatives – Communist China’s imperative to retain a colonial political system where executive power is concentrated at the top; alongside the need to accommodate new, increasing demands for democratic representation within the territory. The Political Future of Hong Kong demonstrates how the British legacy left its imprint on Hong Kong’s political system. It analyses the strategies adopted by the Sovereign state as it attempted to cope with demands for representative government in the post-handover years, and the strains placed on Hong Kong’s political institutions by the uneasy relationship between central government and local forces of liberal autonomy. Kit Poon examines the possibility of the introduction of universal suffrage for the selection of the Chief Executive, and considers how Hong Kong can secure a democratic future in the context of broader Beijing-Hong Kong relations.
The Political Geographies of Pregnancy
by Laura R. WoliverAs reproductive power finds its way into the hands of medical professionals, lobbyists, and policymakers, the geographies of pregnancy are shifting, and the boundaries need to be redrawn, argues Laura R. Woliver. Across a politically charged backdrop of reproductive issues, Woliver exposes strategies that claim to uphold the best interests of children, families, and women but in reality complicate women's struggles to have control over their own bodies. Utilizing feminist standpoint theory and promoting a feminist ethic of care, Woliver looks at the ways modern reproductive politics are shaped by long-standing debates on abortion and adoption, surrogacy arrangements, new reproductive technologies, medical surveillance, and the mapping of the human genome.
The Political Geography of Inequality
by Pablo BeramendiThis book is a study of the politics of redistribution and inequality in political unions. It addresses two questions: why some political systems have more centralized systems of interpersonal redistribution than others, and why some political unions make larger efforts to equalize resources among their constituent units than others. This book presents a new theory of the origin of fiscal structures in systems with several levels of government. The argument points to two major factors to account for the variation in redistribution: the interplay between economic geography and political representation on the one hand, and the scope of interregional economic externalities on the other. To test the empirical implications derived from the argument, the book relies on in-depth studies of the choice of fiscal structures in unions as diverse as the European Union, Canada, and the United States in the aftermath of the Great Depression; Germany before and after Reunification; and Spain after the transition to democracy.
The Political History of American Food Aid: An Uneasy Benevolence
by Barry RileyAmerican food aid to foreigners long has been the most visible-and most popular-means of providing humanitarian aid to millions of hungry people confronted by war, terrorism and natural cataclysms and the resulting threat-often the reality-of famine and death. The book investigates the little-known, not-well-understood and often highly-contentious political processes which have converted American agricultural production into tools of U.S. government policy. <P><P>In The Political History of American Food Aid, Barry Riley explores the influences of humanitarian, domestic agricultural policy, foreign policy, and national security goals that have created the uneasy relationship between benevolent instincts and the realpolitik of national interests. He traces how food aid has been used from the earliest days of the republic in widely differing circumstances: as a response to hunger, a weapon to confront the expansion of bolshevism after World War I and communism after World War II, a method for balancing disputes between Israel and Egypt, a channel for disposing of food surpluses, a signal of support to friendly governments, and a means for securing the votes of farming constituents or the political support of agriculture sector lobbyists, commodity traders, transporters and shippers. <P><P>Riley's broad sweep provides a profound understanding of the complex factors influencing American food aid policy and a foundation for examining its historical relationship with relief, economic development, food security and its possible future in a world confronting the effects of global climate change.
The Political History of European Integration: The Hypocrisy of Democracy-Through-Market (Routledge Advances in European Politics)
by Bo Stråth Hagen Schulz-ForbergFirst published in 2010. Routledge is an imprint of Taylor & Francis, an informa company.