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Author: Giulio M. Gallarotti
Publisher: Routledge
ISBN: 1317554965
Category : Business & Economics
Languages : en
Pages : 203
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Book Description
This book is about how the rise of democracy has transformed economics over the past 150 years. As voting was expanded to the masses in the late 19th century, political leaders faced emergent pressures to deliver prosperity to their newly enfranchised populations. This led to the rise of the guardian state: a state whose prime directive was to protect economic growth and employment. Domestic economic goals now became sacrosanct, and if that meant a failure on the international stage to construct solutions to problems in monetary relations, so be it. The book traces the history of international monetary diplomacy during this long period to show how the guardian state has manifested itself, and how it has shaped the course of international monetary relations. Each of the most important international monetary conferences in history is scrutinized with respect to how nations sought to protect the prosperity within their national economies. The historical narratives give a bird’s-eye view into how domestic political priorities have intruded on and shaped economic relations among nations. The book clearly demonstrates the advantages of an interdisciplinary understanding of how politics shapes economics. It will be invaluable reading for scholars and students of international economics, politics and economic history.
Author: Giulio M. Gallarotti
Publisher: Routledge
ISBN: 1317554965
Category : Business & Economics
Languages : en
Pages : 203
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Book Description
This book is about how the rise of democracy has transformed economics over the past 150 years. As voting was expanded to the masses in the late 19th century, political leaders faced emergent pressures to deliver prosperity to their newly enfranchised populations. This led to the rise of the guardian state: a state whose prime directive was to protect economic growth and employment. Domestic economic goals now became sacrosanct, and if that meant a failure on the international stage to construct solutions to problems in monetary relations, so be it. The book traces the history of international monetary diplomacy during this long period to show how the guardian state has manifested itself, and how it has shaped the course of international monetary relations. Each of the most important international monetary conferences in history is scrutinized with respect to how nations sought to protect the prosperity within their national economies. The historical narratives give a bird’s-eye view into how domestic political priorities have intruded on and shaped economic relations among nations. The book clearly demonstrates the advantages of an interdisciplinary understanding of how politics shapes economics. It will be invaluable reading for scholars and students of international economics, politics and economic history.
Author: Steven Reti
Publisher: Praeger
ISBN: 0313304092
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
For many observers of international politics, the classical gold standard is the premier example of successful international monetary cooperation. Curiously, most studies portray this 19th century system as a spontaneous development. Reti, after a thorough investigation of diplomatic records, argues that the gold standard grew out of several years of international negotiation. At the Conference of 1867, delegates for 20 states debated the monetary standard and agreed to adopt gold as soon as possible. In response to worldwide deflation from 1873 to 1896, the Conferences of 1878, 1881, and 1892 reconsidered the merits of gold, and the leading states reaffirmed their adherence to the gold standard. Reti uses theories of international regimes to explain the roles of hegemonic power, domestic politics, and causal beliefs on conference diplomacy. He asserts that the classical gold standard can best be understood as a coordination game in which negotiations informed nations about how to cooperate.
Author: Giulio M. Gallarotti
Publisher: Routledge
ISBN: 1000481018
Category : Political Science
Languages : en
Pages : 322
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Book Description
This book deals with the most important developments in the study of political power over the last four decades. From the writings of the great Greek philosophers of antiquity to the present, the idea of power has been the major subject in the study of politics. Indeed, some would say it defines the very field of politics itself as a social science. Penned by the leading scholars in the field, this collection gives a broad overview of the most important issues in the study of political power, tracing the evolution of scholarly thinking about them and in doing so revealing crucial innovations therein. This will be a major contribution in the understanding of the concepts and practices of how power manifests itself across social and political contexts. This book will be of great interest to scholars, students and individuals who wish to understand the very foundations of social and political life. The chapters in this book were originally published as a special issue of the Journal of Political Power, volume 14, issue 1 (2021).
Author: Luis Cárdenas del Rey
Publisher: Routledge
ISBN: 1000391337
Category : Business & Economics
Languages : en
Pages : 330
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Book Description
This book combines demand-led growth models and the institutionalist approach, in order to explain the macroeconomic performance of the main European countries in recent years followed by which a coherent explanation of the institutional change since the Great Recession, including the economic policy response to the economic and financial crisis (2008) and to the debt crisis (2010) is provided. A "Comparative Political Economy" (CPE) analytical framework and provide an institutional base to the different European growth models is built, in general terms over the period 1995-2018. The results allow us to link diverse growth dynamics to the changes of the institutional framework as a consequence of the economic and financial crises. In each chapter for country case studies (France, Germany, Italy, Spain, Greece, Sweden, UK and Poland) there;’s an ntroduction with a general characterization of the country and the most relevant changes that have occurred subsequently (main legislative milestones or changes in the behaviour of social agents) especially the process of dualization or deregulation of European economies. In addition, an analysis of the macroeconomic evolution and the situation of the labour market before and after the crisis from a demand-side perspective is included, concluding with the linkages between both issues and the characterization of the growth model. This book is of special interest to all the students and university professors who will use this book to be able to follow a multitude of subjects from Applied Economy to International Economic Structure but can also be useful for researchers, doctoral students and teaching staff who want to expand knowledge in the fields of comparative political economy, institutions and the European Union. In general, this book is aimed at anyone interested in expanding their knowledge of the evolution of Europe today.
Author: Bernard Schmitt
Publisher: Taylor & Francis
ISBN: 0429767072
Category : Business & Economics
Languages : en
Pages : 439
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Book Description
The volume deals with the main problems faced by capitalist economies, inflation and unemployment, in a new and original way, and provides the theoretical foundations for quantum macroeconomic analysis. Its aim is to allow English-speaking economists and interested readers to have a direct access to the analysis provided by Schmitt in his 1984 book Inflation, chômage et malformations du capital. Orthodox economics has failed to provide a consistent insight of the pathologies hindering our economies, and both the academic and the economic worlds are much in need for an alternative approach capable to explain the origins of these pathologies and how they can eventually be disposed of. Schmitt’s volume provides a revolutionary explanation of the cause of today’s economic disorder as well as an innovative solution allowing for the passage from disorder to order. Neoclassical and Keynesian theories of any type are essentially based on equilibrium analysis and this is why none of them has ever been able to provide a consistent macroeconomic analysis based on macroeconomic foundations. This is what Schmitt’s book aims for: developing a new analysis built on identities rather than conditions of equilibrium, capable to explain the objective origins of inflation and unemployment. In this volume, Schmitt introduces a new, revolutionary analysis centred on the concept of quantum time. The topics analysed by Schmitt cover the entire field of national macroeconomics, from production to capital accumulation, the leading role in this ground-breaking investigation being played by what he calls the theory of emissions. The ensuing macroeconomic theory is built on a set of laws derived from the monetary nature of our economic systems and defines the logical framework of inquiry into modern macroeconomics.
Author: Christian Ploberger
Publisher: Routledge
ISBN: 1000412261
Category : Political Science
Languages : en
Pages : 192
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Book Description
This book evaluates China’s relations with sub-regional Southeast Asia through its Belt and Road Initiative (BRI) and the Lancang-Mekong Cooperation framework. The book looks at domestic drivers and regional receptivity of China’s Belt and Road Initiative and also delves into the challenges of China’s engagement in the Greater Mekong Sub-region. The book examines how China’s BRI will contribute to the development of these countries, to regional economic integration and cooperation processes within a political-economic context. It addresses the BRI process within the GMS on three levels: regional, individual recipient countries and the Chinese perspective. The case studies in the book will help to provide insights on China’s growing economic influence in sub-regional Southeast Asia and its Belt and Road Initiative. This book will appeal to researchers interested in the BRI, China's relations with Southeast Asia and China’s neighbourhood policy and how domestic considerations are influencing China’s policy making.
Author: Devin Beauregard
Publisher: Routledge
ISBN: 1000417212
Category : Political Science
Languages : en
Pages : 239
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Book Description
This book offers a comprehensive overview of Canadian cultural policy and research, at a time of transition and redefinition, to establish a dialogue between conventional and emerging foundations. Taking a historical view, the book informs insights on current trends in policy and explores global debates underpinning cultural policy studies within a local context. The book first acknowledges what Canadian cultural policy research conventionally recognizes and refers to in terms of institutions, values, and debates, before moving on to take stock of the transformations that are continuing to reshape Canadian cultural policy in terms of values, orientations, actors, and institutions. With a focus on all levels of government-- federal, provincial, and local -- the book also centers on Indigenous arts policies and practices. This systematic and inclusive volume will appeal to academic researchers, graduate students, managers of arts and culture programs and institutions, and in the areas of cultural policy, public administration, political science, cultural studies, film and media studies, theatre and performance, and museum studies.
Author: Giulio M. Gallarotti
Publisher:
ISBN: 9781588266934
Category : International relations
Languages : en
Pages : 0
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Book Description
Can increasing power in international politics be a bad thing for nations? In this provocative book, Giulio Gallarotti argues that the answer is clearly yes -- as demonstrated by a series of examples that span geography, history, and issues. Gallarotti systematically develops the idea of the power curse and its concomitant, the power illusion. Establishing that the process by which nations augment power can produce adverse consequences, he goes further to show how, to the extent that they fail to correct for the negative effects of power, governments choose foreign policy strategies that are ultimately self-defeating. He cogently supports his theory in discussions of ancient Greece, nineteenth-century Britain, and the United States during both the Vietnam War and the George W. Bush administration. -- Publisher description.
Author: Hartmut Elsenhans
Publisher: Routledge
ISBN: 1000435997
Category : Business & Economics
Languages : en
Pages : 163
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Book Description
The dominant neoliberal approach presents politics and political economy as nuisances which disturb the smooth operation of self-regulating markets. But political economy is not merely an academic issue – it is a class issue, and this book forcefully argues that political economy should return to a central position in the study of the social sciences. Offering nothing less than a reconciliation of Marxian, Keynesian and neoclassical economics, the work opens with a discussion of the key, interconnected economic concepts which help us to understand capitalism: price, income, profit, value, growth and crisis. Prices reflect income distribution and therefore class relations, and the chapters show that the very emergence of capitalism resulted from mass empowerment of the so-called "lower orders". Profit is always available if entrepreneurs spend on net investment and create incomes for additional labour; this, in turn, requires expanding demand, and so therefore profit depends on rising mass incomes. Conversely, underdevelopment is the result of the destitution and disempowerment of the masses. In the Global South today, it is clear that enormous riches go hand in hand with widespread misery and poverty because the market does not transform wealth into the kind of investment that might benefit all. This book argues that the new wealth triggered by productivity increases has enabled the rich to liberate themselves from the capitalist constraints of competition and waste their new wealth in the form of rents. The main threat today is, in fact, the globalisation of rent. The text makes a point for a progressive counter strategy: capitalist structures that empower labour need to be transferred to the Global South. This requires political and economic efforts towards empowering labour in the Global South. This book demonstrates the analytical power of political economy for all social scientists and will be invaluable reading for economists, political scientists and sociologists in particular.
Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066908
Category : Business & Economics
Languages : en
Pages : 692
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Book Description
At the close of the Second World War, when industrialized nations faced serious trade and financial imbalances, delegates from forty-four countries met in Bretton Woods, New Hampshire, in order to reconstruct the international monetary system. In this volume, three generations of scholars and policy makers, some of whom participated in the 1944 conference, consider how the Bretton Woods System contributed to unprecedented economic stability and rapid growth for 25 years and discuss the problems that plagued the system and led to its eventual collapse in 1971. The contributors explore adjustment, liquidity, and transmission under the System; the way it affected developing countries; and the role of the International Monetary Fund in maintaining a stable rate. The authors examine the reasons for the System's success and eventual collapse, compare it to subsequent monetary regimes, such as the European Monetary System, and address the possibility of a new fixed exchange rate for today's world.