SMALL STATES IN WORLD MARKETS INDUSTRIAL POLICY IN EUROPE CORNELL STUDIES IN POLITICAL ECONOMY

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Small States In World Markets

Author : Peter J. Katzenstein
ISBN : 9781501700354
Genre : Political Science
File Size : 20.41 MB
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By the early 1980s the average American had a lower standard of living than the average Norwegian or Dane. Standards of living in the Netherlands, Belgium, Sweden, Switzerland, and Austria also rivaled those in the United States. How have seven small democracies achieved economic success and what can they teach America? In Small States in World Markets, Peter Katzenstein examines the successes of these economically vulnerable nations of Western Europe, showing that they have managed to stay economically competitive while at the same time preserving their political institutions. Too dependent on world trade to impose protection, and lacking the resources to transform their domestic industries, they have found a third solution. Their rapid and flexible response to market opportunity stems from what Katzenstein calls "democratic corporatism," a mixture of ideological consensus, centralized politics, and complex bargains among politicians, merest groups, and bureaucrats. Democratic corporatism is the solution these nations have developed in response to the economic crises of the 1930s and 1940s, the liberal international economy established after World War II, and the volatile markets of more recent years. Katzenstein maintains that democratic corporatism is an effective way of coping with a rapidly changing world, a more effective way than the United States and several other large industrial countries have yet managed to discover.
Category: Political Science

Sovereign Wealth Funds And International Political Economy

Author : Manda Shemirani
ISBN : 9781317052142
Genre : Political Science
File Size : 56.32 MB
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For the first time, Shemirani provides a systematic methodology for the study of Sovereign Wealth Funds (SWFs) over their life span and emphasizes the need for a paradigm shift in our approach towards the study of state capitalism. Applied in this book to the world's four largest SWFs - Government Pension Fund-Global of Norway, Abu Dhabi Investment Authority of the United Arab Emirates, Temasek of Singapore, and the National Wealth Fund of the Russian Federation, this methodology can also be applied to other funds or form a basis for further analytical studies of SWFs. In addition to its first hand approach, the book addresses concerns about the lack of transparency by offering insights into the functioning and investment strategies of the selected SWFs. Academics and students in international political economy, international finance and international business as well as financiers, business leaders, and policy makers, will find the subject and the approach of this book highly useful.
Category: Political Science

Comparative Political Economy

Author : Georg Menz
ISBN : 9780192537171
Genre : Political Science
File Size : 50.21 MB
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This new and comprehensive volume covering the subfield of comparative political economy provides a detailed overview over its intellectual roots, clarifies its contents, and introduces the readers to key debates while identifying new and exciting avenues for future research. Ideas, interests, and institutions have traditionally been the main focus points of this field, but the volume argues that culture provides an additional and often neglected area, providing the 'glue' that keeps national models of capitalism hanging together. The volume also develops pathways beyond the varieties of capitalism paradigm. Building on a thorough and rigorous review of comparative capitalisms and a synthesis of the research strands that have built the bedrock of this subfield, Comparative Political Economy explores the individual components of national models of capitalism and argues that these elements deserve closer scrutiny. Their permutations have been considerable over the past thirty years, and their study permits valuable insights both empirically and theoretically. The empirical coverage of the book includes chapters covering industrial relations, labour markets, systems of education and training, finance, welfare state, and debt. In the conclusion, research pathways forward are identified and the impact of energy security issues and environmental factors on the study of comparative capitalisms will be assessed.
Category: Political Science

Small States And International Security

Author : Clive Archer
ISBN : 9781317755357
Genre : Political Science
File Size : 54.90 MB
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This book explains what ‘small’ states are and explores their current security challenges, in general terms and through specific examples. It reflects the shift from traditional security definitions emphasizing defence and armaments, to new security concerns such as economic, societal and environmental security where institutional cooperation looms larger. These complex issues, linked with traditional power relations and new types of actors, need to be tackled with due regard to democracy and good governance. Key policy challenges for small states are examined and applied in the regional case studies. The book deals mainly with the current experience and recent past of such states but also offers insights for their future policies. Although many of the states covered are European, the study also includes African, Caribbean and Asian small states. Their particular interest and relevance is outlined, as is the connection between their security challenges and their smallness. Policy lessons for other states are then sought. The book is the first in-depth, multi-continent study of security as an aspect of small state governance today. It is novel in placing the security dilemmas of small states in the context of wider ideas on international and institutional change, and in dealing with non-European states and regions.
Category: Political Science

The Oxford Handbook Of Asian Business Systems

Author : Michael A. Witt
ISBN : 9780191626555
Genre : Business & Economics
File Size : 89.47 MB
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Much of the existing literature within the "varieties of capitalism" (VOC) and "comparative business systems" fields of research is heavily focused on Europe, Japan, and the Anglo-Saxon nations. As a result, the field has yet to produce a detailed empirical picture of the institutional structures of most Asian nations and to explore to what extent existing theory applies to the Asian context. The Oxford Handbook of Asian Business Systems aims to address this imbalance by exploring the shape and consequences of institutional variations across the political economies of different societies within Asia. Drawing on the deep knowledge of 31 leading experts, this book presents an empirical, comparative institutional analysis of 13 major Asian business systems between India and Japan. To aid comparison, each country chapter follows the same consistent outline. Complementing the country chapters are eleven contributions examining major themes across the region in comparative perspective and linking the empirical picture to existing theory on these themes. A further three chapters provide perspectives on the influence of history and institutional change. The concluding chapters spell out the implications of all these chapters for scholars in the field and for business practitioners in Asia. The Handbook is a major reference work for scholars researching the causes of success and failure in international business in Asia.
Category: Business & Economics

Institutional And Technological Change In Japan S Economy

Author : Janet Hunter
ISBN : 9781134206810
Genre : Business & Economics
File Size : 90.67 MB
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Institutional and technological change is a highly topical subject. At the theoretical level, there is much debate in the field of institutional economics about the role of technological change in endogenous growth theory. At a practical policy level, arguments rage about how Japan and the Japanese economy should plan for the future. In this book, leading economists and economic historians of Japan examine a range of key issues concerning institutional and technological change in Japan, rigorously using discipline-based tools of analysis, and drawing important conclusions as to how the process of change in these areas actually works. In applying these ideas to Japan, the writers in this volume are focusing on an issue which is currently being much debated in the country itself, and are helping our understanding of the world’s second-largest economy.
Category: Business & Economics

Devolution And Governance

Author : Alistair Cole
ISBN : 9781137436719
Genre : Social Science
File Size : 80.4 MB
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This book examines the development of Welsh devolution in the context of great economic and political uncertainty. Drawing on research carried out over more than a decade, it explores whether Welsh devolution has developed the capacity to resist internal and external pressures and to continue to pursue a distinctive political and policy agenda.
Category: Social Science

Business And Government

Author : David Coen
ISBN : 386649033X
Genre : Political Science
File Size : 27.92 MB
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This volume reviews current debates on the role of business in politics and it assesses emerging methodological approaches to its study. The book brings together leading scholars to assess various qualitative and quantitative methods, network analysis, historical context and positive rational choice modeling, and detailed research case studies in the study of Business-Government relations. Businesses have developed an increasingly sophisticated appreciation of the policy process, as well as an ability to develop complex strategies to influence it over the last 30 years. This volume reviews current debates on the role of business in politics and it assesses emerging methodological approaches to its study. The book brings together qualitative and quantitative methods, network analysis, historical context and positive rational choice modeling, and detailed research case studies. There is coverage of the environment in which business operates, including state, regional and international institutional frameworks. The internal organizational structure of business interests is considered along with the range of strategies used to influence the policy process. The book explores what policy-makers demand and what business supplies to the policy process. The key role of the firm as a political actor is emphasized, leading to a call for a theoretically informed political economy of the firm. The editors: Dr David Coen, Senior Lecturer in Public Policy, Director of Msc in Public Policy, School of Public Policy, University College London Professor Wyn Grant, Professor of Politics, Department of Politics and International Studies, University of Warwick The contributors: Andreas Broscheid, University of North Carolina - Pembroke David Coen, University College London Wyn Grant, Warwick University Cathie Jo Martin, Boston University Volker Schneider, University of Konstanz, Germany Graham K. Wilson University of Wisconsin - Madison
Category: Political Science

The Nordic States And European Unity

Author : Christine Ingebritsen
ISBN : 0801486599
Genre : Political Science
File Size : 61.48 MB
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The idea of European unity, which the Nordic states have historically resisted, has recently become the foremost concern of Sweden, Denmark, Norway, Iceland, and Finland. Christine Ingebritsen provides a timely analysis of Nordic economic and security policies in the wake of the vast transformation of regional politics between 1985 and 1995. The Nordic States and European Unity addresses two central questions: Why did all five Nordic states trade autonomy for integration after 1985? And why do some follow the British pattern, resisting supranationalism, while others prefer the German strategy of embedding their policies in a common European project?Through extensive interviews with representatives of trade unions, government ministries, parliamentary committees, social movements, and military and industrial organizations, Ingebritsen charts adjustments to the idea of a regional system of governance. She highlights crucial differences among these nations as they seek to protect their borders against new security threats. In particular, Ingebritsen shows how the political influence of leading sectors affects each state's capacity to pursue an integrationist policy. Economic sectors are not uniformly affected by European policy coordination, and the experience of the Nordic states demonstrates this difference. Her work shifts the focus of political economics away from enduring, domestic institutions toward an understanding of institutions as sectoral and transnational.
Category: Political Science

The Oxford Handbook Of Employment Relations

Author : Adrian Wilkinson
ISBN : 9780191651496
Genre : Business & Economics
File Size : 54.53 MB
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There have been numerous accounts exploring the relationship between institutions and firm practices. However, much of this literature tends to be located into distinct theoretical-traditional 'silos', such as national business systems, social systems of production, regulation theory, or varieties of capitalism, with limited dialogue between different approaches to enhance understanding of institutional effects. Again, evaluations of the relationship between institutions and employment relations have tended to be of the broad-brushstroke nature, often founded on macro-data, and with only limited attention being accorded to internal diversity and details of actual practice. The Handbook aims to fill this gap by bringing together an assembly of comprehensive and high quality chapters to enable understanding of changes in employment relations since the early 1970s. Theoretically-based chapters attempt to link varieties of capitalism, business systems, and different modes of regulation to the specific practice of employment relations, and offer a truly comparative treatment of the subject, providing frameworks and empirical evidence for understanding trends in employment relations in different parts of the world. Most notably, the Handbook seeks to incorporate at a theoretical level regulationist accounts and recent work that link bounded internal systemic diversity with change, and, at an applied level, a greater emphasis on recent applied evidence, specifically dealing with the employment contract, its implementation, and related questions of work organization. It will be useful to academics and students of industrial relations, political economy, and management.
Category: Business & Economics