Neoliberal Structural Change and the Electricity Sector

Neoliberal Structural Change and the Electricity Sector PDF Author: Lynne Chester
Publisher: Routledge
ISBN: 9780415634915
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
This book presents an unparalleled account of the drivers and outcomes of electricity sector liberalisation, and argues that this industrial restructuring has created pervasive threats to long-term economic growth, financial market stability, environmental degradation and society's well-being. The hegemony of neoliberalism has led to the radical restructuring of industry sectors of which electricity is a very prominent example. Australia has been at the forefront of this restructuring with a more liberalised electricity sector than the UK, the European Union or the US. Electricity sector restructuring is generally treated as synonymous with regulatory change and the creation of electricity trading markets. Using the Australian electricity sector as a case study, this book strongly demonstrates that the transformation of all electricity sectors has been driven by a much wider range of forces. This book, however, goes beyond the drivers of electricity sector liberalisation which provide the context for the book's three fundamental objectives. First, the book aims to present a cogent analysis of the immediate and short-term outcomes of this global restructuring. Secondly, it reveals the more widespread and insidious longer-term consequences of this industry restructuring and proposes policy solutions to prevent them becoming hallmarks of 21st century capitalism. Finally, the book seeks to demonstrate the strengths of a régulationist analysis to explain structural change; it sets it against mainstream neoclassical economics, which is limited to the economic and quantitative. By examining the real, complex and often contradictory nature of change this book provides both a contribution to the evolution of régulation theory and important new insights into neoliberal electricity sector restructuring.

Neoliberal Structural Change and the Electricity Sector

Neoliberal Structural Change and the Electricity Sector PDF Author: Lynne Chester
Publisher: Routledge
ISBN: 9780415634915
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
This book presents an unparalleled account of the drivers and outcomes of electricity sector liberalisation, and argues that this industrial restructuring has created pervasive threats to long-term economic growth, financial market stability, environmental degradation and society's well-being. The hegemony of neoliberalism has led to the radical restructuring of industry sectors of which electricity is a very prominent example. Australia has been at the forefront of this restructuring with a more liberalised electricity sector than the UK, the European Union or the US. Electricity sector restructuring is generally treated as synonymous with regulatory change and the creation of electricity trading markets. Using the Australian electricity sector as a case study, this book strongly demonstrates that the transformation of all electricity sectors has been driven by a much wider range of forces. This book, however, goes beyond the drivers of electricity sector liberalisation which provide the context for the book's three fundamental objectives. First, the book aims to present a cogent analysis of the immediate and short-term outcomes of this global restructuring. Secondly, it reveals the more widespread and insidious longer-term consequences of this industry restructuring and proposes policy solutions to prevent them becoming hallmarks of 21st century capitalism. Finally, the book seeks to demonstrate the strengths of a régulationist analysis to explain structural change; it sets it against mainstream neoclassical economics, which is limited to the economic and quantitative. By examining the real, complex and often contradictory nature of change this book provides both a contribution to the evolution of régulation theory and important new insights into neoliberal electricity sector restructuring.

Neoliberal Transformation of Electricity

Neoliberal Transformation of Electricity PDF Author: Serhan Ünal
Publisher: Springer Nature
ISBN: 9819902827
Category : Business & Economics
Languages : en
Pages : 237

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Book Description
This book makes a structural analysis of the neoliberal restructuring in the global electricity industry. The book shows that the electricity liberalisation in different countries is just a reflection of the same structural trend in the global economy and avoids from both narrow country-specific and abstract global approaches by making a structural analysis completed by a case study. Thus, it aims reaching wider conclusions about how global changes in finance and ideology / knowledge structures influence domestic energy and economic policy preferences of developing countries. The book develops a taxonomy about organising principles around which the electricity industry has been structured historically and globally, and reveals drivers of change which influences the current energy transition in the electricity sector. Combining these aspects, the book uses financial and other economic data empirically, to shed light on the structural role of global transformation of the electricity markets on the domestic energy policy preferences of the developing countries. Thus, this work will be useful not only for academic purposes, but also for practitioners dealing with these issues.

The Inequality Crisis

The Inequality Crisis PDF Author: Roger Brown
Publisher: Policy Press
ISBN: 1447337581
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
Economic inequality has at last taken center stage in political discourse, but little is said to explain or to offer solutions to it. Written by an award-winning academic and policy maker, The Inequality Crisis provides a comprehensive, evenhanded survey of all the available evidence. Fully up to date with the latest developments, from Brexit to Donald Trump's election, this accessible, jargon-free introduction is international in scope and packed with eye-opening facts. In his closing chapters, Roger Brown evaluates whether current UK government policies will actually help reduce inequality and offers practical suggestions relevant the world over, including raising taxes on higher earners, implementing tougher action against tax dodgers, helping people on lower incomes to save, and reducing inequalities in education.

The Rise and Fall of Neoliberal Capitalism

The Rise and Fall of Neoliberal Capitalism PDF Author: David M. Kotz
Publisher: Harvard University Press
ISBN: 0674980018
Category : Business & Economics
Languages : en
Pages : 291

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Book Description
The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of financial panic and an unusually severe recession but instead is a structural crisis of neoliberal, or free-market, capitalism. Consequently, continuing stagnation cannot be resolved by policy measures alone. It requires major institutional restructuring. "Kotz's book will reward careful study by everyone interested in the question of stages in the history of capitalism." --Edwin Dickens, Science & Society "Whereas others] suggest that the downfall of the postwar system in Europe and the United States is the result of the triumph of ideas, Kotz argues persuasively that it is actually the result of the exercise of power by those who benefit from the capitalist economic organization of society. The analysis and evidence he brings to bear in support of the role of power exercised by business and political leaders is a most valuable aspect of this book--one among many important contributions to our knowledge that makes it worthwhile." --Michael Meeropol, Challenge

The Neoliberal Paradox

The Neoliberal Paradox PDF Author: Ray Kiely
Publisher: Edward Elgar Publishing
ISBN: 1788114426
Category : Business & Economics
Languages : en
Pages : 606

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Book Description
This ambitious work provides a history and critique of neoliberalism, both as a body of ideas and as a political practice. It is an original and compelling contribution to the neoliberalism debate.

Neoliberalism: A Very Short Introduction

Neoliberalism: A Very Short Introduction PDF Author: Manfred B. Steger
Publisher: OUP Oxford
ISBN: 0191609765
Category : Business & Economics
Languages : en
Pages : 169

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Book Description
Anchored in the principles of the free-market economics, 'neoliberalism' has been associated with such different political leaders as Ronald Reagan, Margaret Thatcher, Bill Clinton, Tony Blair, Augusto Pinochet, and Junichiro Koizumi. In its heyday during the late 1990s, neoliberalism emerged as the world's dominant economic paradigm stretching from the Anglo-American heartlands of capitalism to the former communist bloc all the way to the developing regions of the global South. At the dawn of the new century, however, neoliberalism has been discredited as the global economy, built on its principles, has been shaken to its core by a financial calamity not seen since the dark years of the 1930s. So is neoliberalism doomed or will it regain its former glory? Will reform-minded G-20 leaders embark on a genuine new course or try to claw their way back to the neoliberal glory days of the Roaring Nineties? Is there a viable alternative to neoliberalism? Exploring the origins, core claims, and considerable variations of neoliberalism, this Very Short Introduction offers a concise and accessible introduction to one of the most debated 'isms' of our time. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Handbook of Research on Institution Development for Sustainable and Inclusive Economic Growth in Africa

Handbook of Research on Institution Development for Sustainable and Inclusive Economic Growth in Africa PDF Author: Osabuohien, Evans S.
Publisher: IGI Global
ISBN: 1799848183
Category : Business & Economics
Languages : en
Pages : 507

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Book Description
African countries are pursuing a number of development agendas toward achieving economic growth that is inclusive, pro-poor, and sustainable, particularly the type that can unleash the potential of women and booming youthful populations. However, available evidence shows that many African countries have experienced economic hardships and have performed more poorly than other developing and emerging countries in the global south. The Handbook of Research on Institution Development for Sustainable and Inclusive Economic Growth in Africa is an essential research publication that provides comprehensive research on the processes of building viable institutions in Africa that will serve as the fulcrum for utilizing and managing resources as well as promoting economic growth that is inclusive and sustainable. Featuring topics such as climate change, financial development, and poverty, this book is ideal for researchers, policymakers, developers, economic professionals, academicians, government officials, business professionals, and students.

Second-Wave Neoliberalism

Second-Wave Neoliberalism PDF Author: Christina Ewig
Publisher: Penn State Press
ISBN: 0271037121
Category : Political Science
Languages : en
Pages : 272

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Book Description
"Analyzes the politics of neoliberal health sector reform and its effects in Peru. Focuses on the intersecting dynamics of race, class, and gender in the developing world"--Provided by publisher.

Globalists

Globalists PDF Author: Quinn Slobodian
Publisher: Harvard University Press
ISBN: 0674244842
Category : History
Languages : en
Pages : 401

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Book Description
George Louis Beer Prize Winner Wallace K. Ferguson Prize Finalist A Marginal Revolution Book of the Year “A groundbreaking contribution...Intellectual history at its best.” —Stephen Wertheim, Foreign Affairs Neoliberals hate the state. Or do they? In the first intellectual history of neoliberal globalism, Quinn Slobodian follows a group of thinkers from the ashes of the Habsburg Empire to the creation of the World Trade Organization to show that neoliberalism emerged less to shrink government and abolish regulations than to redeploy them at a global level. It was a project that changed the world, but was also undermined time and again by the relentless change and social injustice that accompanied it. “Slobodian’s lucidly written intellectual history traces the ideas of a group of Western thinkers who sought to create, against a backdrop of anarchy, globally applicable economic rules. Their attempt, it turns out, succeeded all too well.” —Pankaj Mishra, Bloomberg Opinion “Fascinating, innovative...Slobodian has underlined the profound conservatism of the first generation of neoliberals and their fundamental hostility to democracy.” —Adam Tooze, Dissent “The definitive history of neoliberalism as a political project.” —Boston Review

Neoliberal Resilience

Neoliberal Resilience PDF Author: Aldo Madariaga
Publisher: Princeton University Press
ISBN: 0691182590
Category : Business & Economics
Languages : en
Pages : 368

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Book Description
The puzzling resilience of neoliberalism -- Explaining the resilience of neoliberalism -- Neoliberal policies and supporting actors -- Neoliberal resilience and the crafting of social blocs -- Creating support : privatization and business power -- Blocking opposition : political representation and limited democracy -- Locking-in neoliberalism : independent central banks and fiscal spending rules -- Lessons. Neoliberal resilience and the future of democracy.