The State–Capital Nexus in the Global Crisis

The State–Capital Nexus in the Global Crisis PDF Author: Bastiaan van Apeldoorn
Publisher: Routledge
ISBN: 1351540343
Category : Political Science
Languages : en
Pages : 175

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Book Description
In the wake of the outbreak of the global crisis in 2008, many observers expected the state to assume command over a faltering neoliberal finance-led model of capitalism. We now know that this expectation was by and large mistaken. There is indeed an ongoing re-calibration of the state-capital relations, but in many instances the state has become more actively and more deeply involved in extending the reach of markets rather than in constraining markets in the interests of an equitable response to the crisis. This volume offers both theoretical perspectives and empirical studies by a selection of leading Critical International Political Economy scholars on the question how and to what extent we are witnessing a return of the state and a transition towards a new phase of global capitalism. The chapters cover a wide array of topics: from the rise of China and other emerging economies of the Global South, the role of state-owned enterprises such as Sovereign Wealth Funds and National Oil Companies and global environmental politics, to the role of labour in Europe and US grand strategy / foreign policy making in the post-Cold War period. This book was published as a special issue of Globalizations.

The State–Capital Nexus in the Global Crisis

The State–Capital Nexus in the Global Crisis PDF Author: Bastiaan van Apeldoorn
Publisher: Routledge
ISBN: 1351540343
Category : Political Science
Languages : en
Pages : 175

Get Book Here

Book Description
In the wake of the outbreak of the global crisis in 2008, many observers expected the state to assume command over a faltering neoliberal finance-led model of capitalism. We now know that this expectation was by and large mistaken. There is indeed an ongoing re-calibration of the state-capital relations, but in many instances the state has become more actively and more deeply involved in extending the reach of markets rather than in constraining markets in the interests of an equitable response to the crisis. This volume offers both theoretical perspectives and empirical studies by a selection of leading Critical International Political Economy scholars on the question how and to what extent we are witnessing a return of the state and a transition towards a new phase of global capitalism. The chapters cover a wide array of topics: from the rise of China and other emerging economies of the Global South, the role of state-owned enterprises such as Sovereign Wealth Funds and National Oil Companies and global environmental politics, to the role of labour in Europe and US grand strategy / foreign policy making in the post-Cold War period. This book was published as a special issue of Globalizations.

The State-Capital Nexus in the Global Crisis

The State-Capital Nexus in the Global Crisis PDF Author: Bastiaan van Apeldoorn
Publisher: Routledge
ISBN: 9781138377394
Category :
Languages : en
Pages : 166

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Book Description
In the wake of the outbreak of the global crisis in 2008, many observers expected the state to assume command over a faltering neoliberal finance-led model of capitalism. We now know that this expectation was by and large mistaken. There is indeed an ongoing re-calibration of the state-capital relations, but in many instances the state has become more actively and more deeply involved in extending the reach of markets rather than in constraining markets in the interests of an equitable response to the crisis. This volume offers both theoretical perspectives and empirical studies by a selection of leading Critical International Political Economy scholars on the question how and to what extent we are witnessing a return of the state and a transition towards a new phase of global capitalism. The chapters cover a wide array of topics: from the rise of China and other emerging economies of the Global South, the role of state-owned enterprises such as Sovereign Wealth Funds and National Oil Companies and global environmental politics, to the role of labour in Europe and US grand strategy / foreign policy making in the post-Cold War period. This book was published as a special issue of Globalizations.

The State–Capital Nexus in the Global Crisis

The State–Capital Nexus in the Global Crisis PDF Author: Bastiaan vanApeldoorn
Publisher:
ISBN: 9781315085180
Category : Electronic books
Languages : en
Pages :

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Book Description
"In the wake of the outbreak of the global crisis in 2008, many observers expected the state to assume command over a faltering neoliberal finance-led model of capitalism. We now know that this expectation was by and large mistaken. There is indeed an ongoing re-calibration of the state-capital relations, but in many instances the state has become more actively and more deeply involved in extending the reach of markets rather than in constraining markets in the interests of an equitable response to the crisis.This volume offers both theoretical perspectives and empirical studies by a selection of leading Critical International Political Economy scholars on the question how and to what extent we are witnessing a return of the state and a transition towards a new phase of global capitalism. The chapters cover a wide array of topics: from the rise of China and other emerging economies of the Global South, the role of state-owned enterprises such as Sovereign Wealth Funds and National Oil Companies and global environmental politics, to the role of labour in Europe and US grand strategy / foreign policy making in the post-Cold War period.This book was published as a special issue of Globalizations."--Provided by publisher.

Special Issue: Rebound of the Capitalist State

Special Issue: Rebound of the Capitalist State PDF Author: Bastiaan van Apeldoorn
Publisher:
ISBN:
Category :
Languages : en
Pages : 156

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Book Description


The Limits to Capital in Spain

The Limits to Capital in Spain PDF Author: G. Charnock
Publisher: Springer
ISBN: 1137319941
Category : Political Science
Languages : en
Pages : 165

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Book Description
Spain is at the epicentre of a crisis that threatens the future of the Eurozone. This book explains the deep historical and structural roots of the current crisis in Spain. It analyses the nexus between European circuits of financial capital, urbanisation, and the emergent dynamics of state austerity and popular revolt.

Global Waves of Debt

Global Waves of Debt PDF Author: M. Ayhan Kose
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403

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Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Crashed

Crashed PDF Author: Adam Tooze
Publisher: Penguin
ISBN: 0525558802
Category : Business & Economics
Languages : en
Pages : 720

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Book Description
WINNER OF THE LIONEL GELBER PRIZE A NEW YORK TIMES NOTABLE BOOK OF 2018 ONE OF THE ECONOMIST'S BOOKS OF THE YEAR A NEW YORK TIMES CRITICS' TOP BOOK "An intelligent explanation of the mechanisms that produced the crisis and the response to it...One of the great strengths of Tooze's book is to demonstrate the deeply intertwined nature of the European and American financial systems."--The New York Times Book Review From the prizewinning economic historian and author of Shutdown and The Deluge, an eye-opening reinterpretation of the 2008 economic crisis (and its ten-year aftermath) as a global event that directly led to the shockwaves being felt around the world today. We live in a world where dramatic shifts in the domestic and global economy command the headlines, from rollbacks in US banking regulations to tariffs that may ignite international trade wars. But current events have deep roots, and the key to navigating today’s roiling policies lies in the events that started it all—the 2008 economic crisis and its aftermath. Despite initial attempts to downplay the crisis as a local incident, what happened on Wall Street beginning in 2008 was, in fact, a dramatic caesura of global significance that spiraled around the world, from the financial markets of the UK and Europe to the factories and dockyards of Asia, the Middle East, and Latin America, forcing a rearrangement of global governance. With a historian’s eye for detail, connection, and consequence, Adam Tooze brings the story right up to today’s negotiations, actions, and threats—a much-needed perspective on a global catastrophe and its long-term consequences.

Global China, Global Crisis

Global China, Global Crisis PDF Author: Phillip Neel
Publisher:
ISBN:
Category : Globalization
Languages : en
Pages : 0

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Book Description
This dissertation explores the relationship between what has been called the "long crisis" or the "breakdown" tendency of the capitalist economy, driven by a constant, intensifying struggle to address the twin problems of falling profitability and rising surplus population, and changing geographies of Chinese industry both within and beyond China. Particular attention is paid to the current state of Chinese global outbound FDI and the prospective linkage between these capital exports and the production of new territorial production complexes in less industrialized countries, with a case study in Dar es Salaam, Tanzania. The Great Recession of 2008 acts as an important nexus, since the response to the crisis within China marks an important pivot in domestic industrial trends and the beginning of an acceleration in outbound FDI. Its aftermath also illustrates the necessary theoretical linkage between the two related, but not identical, meanings of the term "crisis" prevalent in the literature reviewed here: The first is crisis in its momentary or immediate sense, referring to individual economic crises that have a relatively clear beginning and end. The second is crisis in its "long" or secular sense, referring to systemic breakdown tendencies inherent in capitalist accumulation. The distinct shifts in the domestic and international geography of Chinese industry, seemingly triggered by the 2008 crisis, can be better understood through the combination of both the momentary and secular dimensions of the concept, only properly visible when capitalism is appraised as a global system.

The Imperial Mode of Living

The Imperial Mode of Living PDF Author: Ulrich Brand
Publisher: Verso Books
ISBN: 1788739124
Category : Political Science
Languages : en
Pages : 257

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Book Description
Our Unsustainable Life: Why We Can't Have Everything We Want With the concept of the Imperial Mode of Living, Brand and Wissen highlight the fact that capitalism implies uneven development as well as a constant and accelerating universalisation of a Western mode of production and living. The logic of liberal markets since the 19thCentury, and especially since World War II, has been inscribed into everyday practices that are usually unconsciously reproduced. The authors show that they are a main driver of the ecological crisis and economic and political instability. The Imperial Mode of Living implies that people's everyday practices, including individual and societal orientations, as well as identities, rely heavily on the unlimited appropriation of resources; a disproportionate claim on global and local ecosystems and sinks; and cheap labour from elsewhere. This availability of commodities is largely organised through the world market, backed by military force and/or the asymmetric relations of forces as they have been inscribed in international institutions. Moreover, the Imperial Mode of Living implies asymmetrical social relations along class, gender and race within the respective countries. Here too, it is driven by the capitalist accumulation imperative, growth-oriented state policies and status consumption. The concrete production conditions of commodities are rendered invisible in the places where the commodities are consumed. The imperialist world order is normalized through the mode of production and living.

Managing the Sovereign-Bank Nexus

Managing the Sovereign-Bank Nexus PDF Author: Mr.Giovanni Dell'Ariccia
Publisher: International Monetary Fund
ISBN: 1484359623
Category : Business & Economics
Languages : en
Pages : 54

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Book Description
This paper reviews empirical and theoretical work on the links between banks and their governments (the bank-sovereign nexus). How significant is this nexus? What do we know about it? To what extent is it a source of concern? What is the role of policy intervention? The paper concludes with a review of recent policy proposals.