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Author: Aldo Musacchio
Publisher: Harvard University Press
ISBN: 0674419596
Category : Business & Economics
Languages : en
Pages : 358
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Book Description
The wave of liberalization that swept world markets in the 1980s and 90s altered the ways that governments manage their economies. Reinventing State Capitalism analyzes the rise of new species of state capitalism in which governments interact with private investors either as majority or minority shareholders in publicly-traded corporations or as financial backers of purely private firms (the so-called “national champions”). Focusing on a detailed quantitative assessment of Brazil’s economic performance from 1976 to 2009, Aldo Musacchio and Sergio Lazzarini examine how these models of state capitalism influence corporate investment and performance. According to one model, the state acts as a majority investor, granting the state-owned enterprise (SOE) financial autonomy and allowing professional management. This form, the authors argue, has reduced many agency problems commonly faced by state ownership. According to another hybrid model, the state uses sovereign wealth funds, holding companies, and development banks to acquire a small share of equity ownership in a corporation, thereby potentially alleviating capital constraints and leveraging latent capabilities. Both models have benefits and costs. Yet neither model has entirely eliminated the temptation of governments to intervene in the operation of natural resource industries and other large strategic enterprises. Nevertheless, the longstanding debate over whether private ownership is superior or inferior to state capitalism has become irrelevant, Musacchio and Lazzarini conclude. Private ownership is now mingled with state capital on a global scale.
Author: Aldo Musacchio
Publisher: Harvard University Press
ISBN: 0674419596
Category : Business & Economics
Languages : en
Pages : 358
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Book Description
The wave of liberalization that swept world markets in the 1980s and 90s altered the ways that governments manage their economies. Reinventing State Capitalism analyzes the rise of new species of state capitalism in which governments interact with private investors either as majority or minority shareholders in publicly-traded corporations or as financial backers of purely private firms (the so-called “national champions”). Focusing on a detailed quantitative assessment of Brazil’s economic performance from 1976 to 2009, Aldo Musacchio and Sergio Lazzarini examine how these models of state capitalism influence corporate investment and performance. According to one model, the state acts as a majority investor, granting the state-owned enterprise (SOE) financial autonomy and allowing professional management. This form, the authors argue, has reduced many agency problems commonly faced by state ownership. According to another hybrid model, the state uses sovereign wealth funds, holding companies, and development banks to acquire a small share of equity ownership in a corporation, thereby potentially alleviating capital constraints and leveraging latent capabilities. Both models have benefits and costs. Yet neither model has entirely eliminated the temptation of governments to intervene in the operation of natural resource industries and other large strategic enterprises. Nevertheless, the longstanding debate over whether private ownership is superior or inferior to state capitalism has become irrelevant, Musacchio and Lazzarini conclude. Private ownership is now mingled with state capital on a global scale.
Author: Duncan Brack
Publisher: Politico's Publishing
ISBN: 9781842752180
Category : Great Britain
Languages : en
Pages : 378
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Book Description
Like all liberals, social liberals believe in the core value of freedom. They hold that the state should as far as possible leave people alone to make their own decisions on how to live their lives, but they believe in addition that freedom is not attainable without a fair distribution of wealth and power. In Reinventing the State, twenty-one leading Liberal Democrats set out what social liberalism means in the 21st century.
Author: Ursula Huws
Publisher:
ISBN: 9781786807083
Category : Great Britain
Languages : en
Pages : 0
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Book Description
"The Covid-19 pandemic has tragically exposed how today's welfare state cannot properly protect its citizens. Despite the valiant efforts of public sector workers, from under-resourced hospitals to a shortage of housing and affordable social care, the pandemic has shown how decades of neglect has caused hundreds to die. In this bold new book, leading policy analyst Ursula Huws shows how we can create a welfare state that is fair, affordable, and offers security for all. Huws focuses on some of the key issues of our time - the gig economy, universal, free healthcare, and social care, to criticize the current state of welfare provision. Drawing on a lifetime of research on these topics, she clearly explains why we need to radically rethink how it could change. With positivity and rigor, she proposes new and original policy ideas, including critical discussions of Universal Basic Income and new legislation for universal workers' rights. She also outlines a 'digital welfare state' for the 21st century. This would involve a repurposing of online platform technologies under public control to modernize and expand public services, and improve accessibility."--Provided by publisher
Author: Dennis A. Rondinelli
Publisher: Kumarian Press
ISBN: 1565491785
Category : Business & Economics
Languages : en
Pages : 289
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Book Description
* Melds theoretical models with practical experience * Written by world-renowned experts on public administration * Guides future policy debates on helping to build effective and efficient states How does a government seeking to participate in and benefit from an integrated and interdependent world become more professional, technologically proficient, deregulated, and accountable? Reinventing Government for the Twenty-First Century tells you how. The authors identify the forces of globalization and the structural changes needed to increase state capacity and enhance global-scale participation. Professionals directly involved in assisting governments show public leaders and administrators how to improve the quality of their performance in government.
Author: Hindy Lauer Schachter
Publisher: SUNY Press
ISBN: 9780791431559
Category : Political Science
Languages : en
Pages : 154
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Book Description
By analyzing a turn-of-the-century model of urban reform that depicts this relationship between citizens and government, Schachter shows how reinvigorating an active public is essential to increasing agency efficiency and responsiveness. She offers two strategies for moving toward active citizenship: better citizenship education, including service learning, and public agencies' provision of better-focused information for their owners.
Author: David Osborne
Publisher: Bloomsbury Publishing USA
ISBN: 1632869918
Category : Education
Languages : en
Pages : 433
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Book Description
From David Osborne, the author of Reinventing Government--a biting analysis of the failure of America's public schools and a comprehensive plan for revitalizing American education. In Reinventing America's Schools, David Osborne, one of the world's foremost experts on public sector reform, offers a comprehensive analysis of the charter school movements and presents a theory that will do for American schools what his New York Times bestseller Reinventing Government did for public governance in 1992. In 2005, when Hurricane Katrina devastated New Orleans, the city got an unexpected opportunity to recreate their school system from scratch. The state's Recovery School District (RSD), created to turn around failing schools, gradually transformed all of its New Orleans schools into charter schools, and the results are shaking the very foundations of American education. Test scores, school performance scores, graduation and dropout rates, ACT scores, college-going rates, and independent studies all tell the same story: the city's RSD schools have tripled their effectiveness in eight years. Now other cities are following suit, with state governments reinventing failing schools in Newark, Camden, Memphis, Denver, Indianapolis, Cleveland, and Oakland. In this book, Osborne uses compelling stories from cities like New Orleans and lays out the history and possible future of public education. Ultimately, he uses his extensive research to argue that in today's world, we should treat every public school like a charter school and grant them autonomy, accountability, diversity of school designs, and parental choice.
Author: Clifford Rechtschaffen
Publisher: Environmental Law Institute
ISBN: 9781585760435
Category : Environmental law
Languages : en
Pages : 468
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Book Description
One of the most controversial issues in environmental law and policy-and one that of considerable importance to the EPA-is the allocation of power and authority between the federal and state governments. The recent evolution in approaches of environmental enforcement highlights many of the tensions inherent in this debate. During the past several years, the federal and state governments have spent a good deal of energy attempting to "reinvent" their relationship. The shifts in federal/state enforcement relations are highly significant, with the potential to fundamentally reorder the division of authority that has existing over the past 25 years. This book thoroughly documents the changing nature of federal/state relations in enforcing environmental law. It breaks new ground in analyzing the federal/state enforcement relationship, particularly in light of the many recent developments that have occurred in this area. The author's findings provide important lessons about the interplay between federal and state efforts in other regulatory areas, and for the structure of federal/state relations generally. Professors Rechtschaffen's and Markell's clear, in-depth analysis will be essential reading for legal and regulatory experts, attorneys who are involved in environmental enforcement matters, the judiciary, legislators, political scientists, public policy experts, and anyone with an interest in environmental law and policy.
Author: David Osborne
Publisher: Penguin
ISBN: 0452269423
Category : Political Science
Languages : en
Pages : 433
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Book Description
"A landmark in the debate on the future of public policy."—The Washington Post.
Author: John Micklethwait
Publisher: Penguin
ISBN: 0143127608
Category : Business & Economics
Languages : en
Pages : 322
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Book Description
From the bestselling authors of The Right Nation, a visionary argument that our current crisis in government is nothing less than the fourth radical transition in the history of the nation-state Dysfunctional government: It’s become a cliché, and most of us are resigned to the fact that nothing is ever going to change. As John Micklethwait and Adrian Wooldridge show us, that is a seriously limited view of things. In fact, there have been three great revolutions in government in the history of the modern world. The West has led these revolutions, but now we are in the midst of a fourth revolution, and it is Western government that is in danger of being left behind. Now, things really are different. The West’s debt load is unsustainable. The developing world has harvested the low-hanging fruits. Industrialization has transformed all the peasant economies it had left to transform, and the toxic side effects of rapid developing world growth are adding to the bill. From Washington to Detroit, from Brasilia to New Delhi, there is a dual crisis of political legitimacy and political effectiveness. The Fourth Revolution crystallizes the scope of the crisis and points forward to our future. The authors enjoy extraordinary access to influential figures and forces the world over, and the book is a global tour of the innovators in how power is to be wielded. The age of big government is over; the age of smart government has begun. Many of the ideas the authors discuss seem outlandish now, but the center of gravity is moving quickly. This tour drives home a powerful argument: that countries’ success depends overwhelmingly on their ability to reinvent the state. And that much of the West—and particularly the United States—is failing badly in its task. China is making rapid progress with government reform at the same time as America is falling badly behind. Washington is gridlocked, and America is in danger of squandering its huge advantages from its powerful economy because of failing government. And flailing democracies like India look enviously at China’s state-of-the-art airports and expanding universities. The race to get government right is not just a race of efficiency. It is a race to see which political values will triumph in the twenty-first century—the liberal values of democracy and liberty or the authoritarian values of command and control. The stakes could not be higher.
Author: Yitzhak M. BRUDNY
Publisher: Harvard University Press
ISBN: 0674028961
Category : History
Languages : en
Pages : 366
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Book Description
What caused the emergence of nationalist movements in many post-communist states? What role did communist regimes play in fostering these movements? Why have some been more successful than others? To address these questions, Yitzhak Brudny traces the Russian nationalist movement from its origins within the Russian intellectual elite of the 1950s to its institutionalization in electoral alliances, parliamentary factions, and political movements of the early 1990s. Brudny argues that the rise of the Russian nationalist movement was a combined result of the reinvention of Russian national identity by a group of intellectuals, and the Communist Party's active support of this reinvention in order to gain greater political legitimacy. The author meticulously reconstructs the development of the Russian nationalist thought from Khrushchev to Yeltsin, as well as the nature of the Communist Party response to Russian nationalist ideas. Through analysis of major Russian literary, political, and historical writings, the recently-published memoirs of the Russian nationalist intellectuals and Communist Party officials, and documents discovered in the Communist Party archives, Brudny sheds new light on social, intellectual, and political origins of Russian nationalism, and emphasizes the importance of ideas in explaining the fate of the Russian nationalist movement during late communist and early post-communist periods. Table of Contents: Acknowledgments 1. Russian Nationalists in Soviet Politics 2. The Emergence of Politics by Culture, 1953-1964 3. The First Phase of Inclusionary Politics, 1965-1970 4. The Rise and Fall of Inclusionary Politics, 1971-1985 5. What Went Wrong with the Politics of Inclusion? 6. What Is Russia, and Where Should It Go? Political Debates, 1971-1985 7. The Zenith of Politics by Culture, 1985-1989 8. The Demise of Politics by Culture, 1989-1991 Epilogue: Russian Nationalism in Postcommunist Russia Notes Index Reviews of this book: Mr. Brudny provides a salient background to understanding one of the great phenomena of post-1945 history: how Russians arrive at their view of the West. --Ron Laurenzo, Washington Times Reviews of this book: Brudny is a good guide to the origins of what probably lies ahead. --Geoffrey A. Hosking, Times Literary Supplement Reviews of this book: If readers think that today's anti-Western, antimarket, antisemitic variety of Russian nationalism is simply the fallout from the country's current misery, they should think again. With care and intelligence, Brudny traces its lineage back to the Khrushchev years. What began among the so-called village prose writers as a lament for a rural past ravaged by Stalin's experimentation gradually accumulated further grievances: the devastation of Russian culture and monuments, the infiltration of 'corrupting' Western values, and ultimately under Gorbechev the 'criminal' destruction of Russian power. Much of the book concentrates on how Khrushchev and Brezhnev tried--but ultimately failed--to harness this discontent for their own purposes. --Robert Legvold, Foreign Affairs Reviews of this book: Brudny's survey of relations between Russian nationalism and the Soviet state provides an in-depth insight into one of the most complicated aspects of the Soviet multi-national state. --Taras Kuzio, International Affairs Reviews of this book: A thought-provoking book. --Virginia Quarterly Reviews of this book: Brudny shows that Russian cultural nationalism was a powerful force in the post-Stalin years, with ultimate political consequences. In meticulous detail Brudny sets out the various strains of Russian nationalism and points to the regime's encouragement of a certain kind of nationalism as a means of bolstering legitimacy through the 'politics of inclusion'...This volume is a significant contribution to the literature. --R. J. Mitchell, Choice Reviews of this book: In Reinventing Russia, situated at the intersection of culture (specifically the literature of the village prose movement) and politics, Brudny has managed admirably to draw out the wider implications of his inquiry and provided an extremely useful set of orientation points in the current, seemingly so chaotic, political debate in Russia. --Hans J. Rindisbacher, European Legacy Reviews of this book: Brudny's book paints a fascinating picture. It delineates a rich Soviet culture and society, one that is much more varied than has been previously depicted by most Western researchers. The overriding importance of the book derives from its argument that the post-Stalinist cultural debate in the Soviet Union is what created the infrastructure for the seemingly odd alliance between communist ideology and the nationalist intelligentsia--today's 'red-brown' alliance. It's a significant contribution to our understanding of the history of the nationalist idea...[Reinventing Russia provides] an enthralling overview of a historic development that has been neglected by most Western researchers...His book proves once more that anyone who seeks to understand developments in Eastern Europe cannot do so by merely analyzing the economic policy of the political maneuvers of the governing elite. --Shlomo Avineri, Ha'aretz Book Review Yitzhak Brudny offers us a most persuasive attempt to explain the intricate, often puzzling relation between Soviet political and cultural bureaucracy and the rise of Russian nationalism in the post-Stalin era. His analysis of Russian nationalist ideology and its role in the corrosion of the official Soviet dogmas is uniquely insightful and provocative. Students of Soviet and post-Soviet affairs will find in Brudny's splendidly researched book an indispensable instrument to grasp the meaning of the still perplexing developments that led to the breakdown of the Leninist state. In the growing body of literature dealing with nationalism and national identity, this one stands out as boldly innovative, theoretically challenging, and culturally sophisticated. --Vladimir Tismaneanu, University of Maryland, College Park, author of Fantasies of Salvation Yitzhak Brudny has produced an impressive and scholarly account of the divisions within the Russian political and cultural elite during the last four decades of the Soviet Union's existence. His book is important both for the fresh light it throws on that period and as essential context for interpreting the debates on nationhood and statehood which rage in Russia today. --Archie Brown, University of Oxford Reinventing Russia provides us with a vivid portrayal of the politics behind the rise of Russian nationalism in post-Stalinist Russia. It is a finely detailed study of not only the relationship of political authority to the spread of nationalist ideas, but also reciprocally of the role played by these ideas in shaping the political. --Mark Beissinger, University of Wisconsin-Madison Rival nationalists literally shook the Soviet Union apart. The very structure of the Soviet state encouraged all major ethnic groups--including the Russians--to view battles over resources in terms of ethnic and national conflict. Brudny, in this important study, explores precisely how rival nationalist claims emerged during the years following Stalin's death, and why they proved to be simultaneously so robust and pernicious. --Blair Ruble, Director, Kennan Institute, Woodrow Wilson Center
