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 : 62.23 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

Small States In World Markets

Author : Peter J. Katzenstein
ISBN : 9781501700361
Genre : Political Science
File Size : 81.45 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

Small States In World Markets

Author : Peter J. Katzenstein
ISBN : 0801493269
Genre : History
File Size : 54.79 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: History

Capitalist Diversity On Europe S Periphery

Author : Dorothee Bohle
ISBN : 9780801465222
Genre : History
File Size : 60.79 MB
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With the collapse of the Council for Mutual Economic Assistance in 1991, the Eastern European nations of the former socialist bloc had to figure out their newly capitalist future. Capitalism, they found, was not a single set of political-economic relations. Rather, they each had to decide what sort of capitalist nation to become. In Capitalist Diversity on Europe's Periphery, Dorothee Bohle and Béla Geskovits trace the form that capitalism took in each country, the assets and liabilities left behind by socialism, the transformational strategies embraced by political and technocratic elites, and the influence of transnational actors and institutions. They also evaluate the impact of three regional shocks: the recession of the early 1990s, the rolling global financial crisis that started in July 1997, and the political shocks that attended EU enlargement in 2004. Bohle and Greskovits show that the postsocialist states have established three basic variants of capitalist political economy: neoliberal, embedded neoliberal, and neocorporatist. The Baltic states followed a neoliberal prescription: low controls on capital, open markets, reduced provisions for social welfare. The larger states of central and eastern Europe (Poland, Hungary, and the Czech and Slovak republics) have used foreign investment to stimulate export industries but retained social welfare regimes and substantial government power to enforce industrial policy. Slovenia has proved to be an outlier, successfully mixing competitive industries and neocorporatist social inclusion. Bohle and Greskovits also describe the political contention over such arrangements in Romania, Bulgaria, and Croatia. A highly original and theoretically sophisticated typology of capitalism in postsocialist Europe, this book is unique in the breadth and depth of its conceptually coherent and empirically rich comparative analysis.
Category: History

When Small States Make Big Leaps

Author : Darius Ornston
ISBN : 9780801465529
Genre : Business & Economics
File Size : 42.89 MB
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At the close of the twentieth century, Denmark, Finland, and Ireland emerged as unlikely centers for high-tech competition. In When Small States Make Big Leaps, Darius Ornston reveals how these historically low-tech countries managed to assume leading positions in new industries such as biotechnology, software, and telecommunications equipment. In each case, countries used institutions that are commonly perceived to delay restructuring to accelerate the redistribution of resources to emerging enterprises and industries. Ornston draws on interviews with hundreds of politicians, policymakers, and industry representatives to identify two different patterns of institutional innovation and economic restructuring. Irish policymakers worked with industry and labor representatives to contain costs and expand market competition. Denmark and Finland adopted a different strategy, converting an established tradition of private-public and industry-labor cooperation to invest in high-quality inputs such as human capital and research. Both strategies facilitated movement into new high-tech industries but with distinctive political and economic consequences. In explaining how previously slow-moving states entered dynamic new industries, Ornston identifies a broader range of strategies by which countries can respond to disruptive challenges such as economic internationalization, rapid technological innovation, and the shift to services.
Category: Business & Economics

The Nordic States And European Unity

Author : Christine Ingebritsen
ISBN : 0801486599
Genre : Political Science
File Size : 29.33 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

Coalition Politics And Economic Development

Author : Irfan Nooruddin
ISBN : 9781139494021
Genre : Political Science
File Size : 76.37 MB
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Coalition Politics and Economic Development challenges the conventional wisdom that coalition government hinders necessary policy reform in developing countries. Irfan Nooruddin presents a fresh theory that institutionalized gridlock, by reducing policy volatility and stabilizing investor expectations, is actually good for economic growth. Successful national economic performance, he argues, is the consequence of having the right configuration of national political institutions. Countries in which leaders must compromise to form policy are better able to commit credibly to investors and therefore enjoy higher and more stable rates of economic development. Quantitative analysis of business surveys and national economic data together with historical case studies of five countries provide evidence for these claims. This is an original analysis of the relationship between political institutions and national economic performance in the developing world and will appeal to scholars and advanced students of political economy, economic development and comparative politics.
Category: Political Science

Corporatism And Change

Author : Peter J. Katzenstein
ISBN : 0801494672
Genre : Science
File Size : 34.74 MB
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Category: Science

Tamed Power

Author : Peter J. Katzenstein
ISBN : 0801484499
Genre : History
File Size : 44.38 MB
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International relations expert Peter J. Katzenstein contends that a multilateral institutionalization of power is the most distinctive aspect of the relationship between Europe and Germany. This book explores that institutionalization of power, along with the relations of Germany and the European Union with most of the smaller European states.
Category: History

Anti Americanisms In World Politics

Author : Peter J. Katzenstein
ISBN : 0801445175
Genre : History
File Size : 85.90 MB
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A distinguished group of experts, including historians, polling data analysts, political scientists, anthropologists, and sociologists, to explore global anti-Americanism in depth, using both qualitative and quantitative methods.
Category: History