Financial Liberalization and the Reconstruction of State-Market Relations

Financial Liberalization and the Reconstruction of State-Market Relations PDF Author: Robert B. Packer
Publisher: Routledge
ISBN: 1136784772
Category : Business & Economics
Languages : en
Pages : 230

Get Book Here

Book Description
In this study, the author hopes to add to the literature concerning the distributional consequences of financial integration by focusing on the rise of non-state actors within a transformed international system. In it, he argues that structural change brought on by transnational production and post-industrialization has created space for non-state actors to acquire autonomy from sovereign entities. While finance is by no means the only specialized sector to achieve autonomy, it has perhaps the most immediate impact on the ability of governments to pursue policy. First published in 1999. Routledge is an imprint of Taylor & Francis, an informa company.

Financial Liberalization and the Reconstruction of State-Market Relations

Financial Liberalization and the Reconstruction of State-Market Relations PDF Author: Robert B. Packer
Publisher: Routledge
ISBN: 1136784772
Category : Business & Economics
Languages : en
Pages : 230

Get Book Here

Book Description
In this study, the author hopes to add to the literature concerning the distributional consequences of financial integration by focusing on the rise of non-state actors within a transformed international system. In it, he argues that structural change brought on by transnational production and post-industrialization has created space for non-state actors to acquire autonomy from sovereign entities. While finance is by no means the only specialized sector to achieve autonomy, it has perhaps the most immediate impact on the ability of governments to pursue policy. First published in 1999. Routledge is an imprint of Taylor & Francis, an informa company.

Governing Financialization

Governing Financialization PDF Author: Jack Copley
Publisher: Oxford University Press
ISBN: 0192897012
Category : Political Science
Languages : en
Pages : 202

Get Book Here

Book Description
Capitalism has become 'financialized'. Since the 1970s, the swelling of financial markets and asset price bubbles has occurred alongside weaker underlying economic growth. Yet financialization was not a spontaneous market development - it was deeply political. States fuelled this process through policies of financial liberalization, and the British state lies at the heart of the story. Britain's radical financial liberalizations in the 1970s and 1980s were instrumental in creating a financialized global economic order in which the City of London emerged as a central hub. But why did the British state propel financialization? The conventional wisdom points to the lobbying power of financial elites and the strength of neoliberal ideology. However, Governing Financialization offers an alternative explanation through an in-depth exploration of declassified state archives. By examining key financial liberalizations in the 1970s and 1980s - including the notorious 'Big Bang' - this book argues that these policies were not part of an intentional scheme to create a new finance-led economic model. Instead, they were designed to address immediate governing dilemmas related to the grinding 'stagflation' crisis and its aftershocks. In this era, British governments found themselves trapped between global competitive pressures to enforce painful domestic adjustment and national political pressures to maintain existing living standards. Financial liberalization was pursued in a trial-and-error manner to navigate this dilemma. By unleashing financial markets, the state hoped to either postpone the worst effects of the crisis, or enact tough economic restructuring in an arm's-length fashion. Financialization was an accidental outcome, not an intentional result.

Routledge Library Editions: International Finance

Routledge Library Editions: International Finance PDF Author: Various Authors
Publisher: Routledge
ISBN: 1351013386
Category : Business & Economics
Languages : en
Pages : 1162

Get Book Here

Book Description
The 4 volumes in this set, originally published between 1973 and 1998, draw together research by leading academics in the area of international finance and provides an examination of related key issues. The volumes examine international trade, principles of international finance, and one of the texts provides a comprehensive research and information guide to international financial statistics. This set will be of particular interest to students of economics and finance.

After Obama

After Obama PDF Author: Todd Shaw
Publisher: NYU Press
ISBN: 1479821977
Category : Political Science
Languages : en
Pages : 271

Get Book Here

Book Description
Examines the complicated political legacy of our first black president Written during the presidency of Donald Trump, After Obama examines the impact President Barack Obama and his administration have continued to have upon African American politics. In this comprehensive volume, Todd C. Shaw, Robert A. Brown, and Joseph P. McCormick II bring together more than a dozen scholars to explore his complex legacy, including his successes, failures, and contradictions. Contributors focus on a wide range of topics, including how President Obama affected aspects of African American politics, how his public policies influenced the quality of Black citizenship and life, and what future administrations can learn from his experiences. They also examine the present-day significance of Donald Trump in relation to African American politics. A timely and thorough work, After Obama provides the first examination of the Obama administration in its entirety, and the lasting impact it has had on African American politics.

Market in State

Market in State PDF Author: Yongnian Zheng
Publisher: Cambridge University Press
ISBN: 110847344X
Category : Business & Economics
Languages : en
Pages : 493

Get Book Here

Book Description
Uses the framework of 'market in state', to argue that the Chinese economy is state-centered, dominated by political principles over economic principles.

Beyond Power

Beyond Power PDF Author: Jerry Lee Byrd
Publisher:
ISBN:
Category :
Languages : en
Pages : 112

Get Book Here

Book Description


Business Horizons

Business Horizons PDF Author:
Publisher:
ISBN:
Category : Business
Languages : en
Pages :

Get Book Here

Book Description


Regulatory Cycles: Revisiting the Political Economy of Financial Crises

Regulatory Cycles: Revisiting the Political Economy of Financial Crises PDF Author: Jihad Dagher
Publisher: International Monetary Fund
ISBN: 1484337743
Category : Business & Economics
Languages : en
Pages : 89

Get Book Here

Book Description
Financial crises are traditionally analyzed as purely economic phenomena. The political economy of financial booms and busts remains both under-emphasized and limited to isolated episodes. This paper examines the political economy of financial policy during ten of the most infamous financial booms and busts since the 18th century, and presents consistent evidence of pro-cyclical regulatory policies by governments. Financial booms, and risk-taking during these episodes, were often amplified by political regulatory stimuli, credit subsidies, and an increasing light-touch approach to financial supervision. The regulatory backlash that ensues from financial crises can only be understood in the context of the deep political ramifications of these crises. Post-crisis regulations do not always survive the following boom. The interplay between politics and financial policy over these cycles deserves further attention. History suggests that politics can be the undoing of macro-prudential regulations.

Andre Gunder Frank and Global Development

Andre Gunder Frank and Global Development PDF Author: Patrick Manning
Publisher: Routledge
ISBN: 1136723609
Category : Biography & Autobiography
Languages : en
Pages : 313

Get Book Here

Book Description
Containing previously unpublished material, a review of the legacy and work of Andre Gunder Frank

Globalization: A Very Short Introduction

Globalization: A Very Short Introduction PDF Author: Manfred B. Steger
Publisher: Oxford University Press
ISBN: 0192589334
Category : Political Science
Languages : en
Pages : 185

Get Book Here

Book Description
We live today in an interconnected world in which ordinary people can became instant online celebrities to fans thousands of miles away, in which religious leaders can influence millions globally, in which humans are altering the climate and environment, and in which complex social forces intersect across continents. This is globalization. In the fifth edition of his bestselling Very Short Introduction Manfred B. Steger considers the major dimensions of globalization: economic, political, cultural, ideological, and ecological. He looks at its causes and effects, and engages with the hotly contested question of whether globalization is, ultimately, a good or a bad thing. From climate change to the Ebola virus, Donald Trump to Twitter, trade wars to China's growing global profile, Steger explores today's unprecedented levels of planetary integration as well as the recent challenges posed by resurgent national populism. 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.