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Clientelism and Economic Policy
With its deep economic crisis and dramatic political developments Greece has puzzled Europe and the world. What explains its long-standing problems and its incapacity to reform its economy? Using an analytic narrative and a comparative approach, the book studies the pattern of economic reforms in Greece between 1985 and 2015. It finds that clientelism - the allocation of selective benefits by political actors (patrons) to their supporters (clients) - created a strong policy bias that prevented the country from implementing deep-cutting reforms. The book shows that the clientelist system differs from the general image of interest-group politics and that the typical view of clientelism, as ind...
Entangled Political Economy
Volume 18 Entangled Political Economy of the Book Series Advances in Austrian Economics examines the concept 'entangled political economy' from several distinct but complementary points of view. The volume is proof that Wagner's notion of entanglement opens new vistas for political economy in all its dimensions.
Challenges to Democracies in East Central Europe
Democratic development in Central and Eastern Europe is not a finished project, nor is its progress immune to internal and external threats. The current social, economic, ethnic and political situation within the region presents new dangers. This text identifies and analyses challenges to current East-Central European democracies in terms of potential deconsolidation of democracy reflected in the changes in the institutional and procedural framework (polity), and in the choice of instruments and strategies in the policy area. Specifically examining the regimes of the Czech Republic, Hungary, Poland, Slovakia and Slovenia, these challenges include political extremism and violence, corruption,...
Iceland’s Financial Crisis
Being the first casualty of the international financial crisis, Iceland was, in many ways, turned into a laboratory when it came to responding to one of the largest corporate failures on record. This edited volume offers the most wide-ranging treatment of the Icelandic financial crisis and its political, economic, social, and constitutional consequences. Interdisciplinary, with contributions from historians, economists, sociologists, legal scholars, political scientists and philosophers, it also compares and contrasts the Icelandic experience with other national and global crises. It examines the economic magnitude of the crisis, the social and political responses, and the unique transitiona...
Government and Economic Growth in the 21st Century
This book offers an alternative view of the economy – and indeed, society – that does not rely on an ever-expanding government to address the problems which individuals typically face during their lives. The book is a Classical Liberal response to the way leading economies have been (mis)managed in the last three decades and the principles and models that have guided such policies, particularly since the outbreak of the Global Financial Crisis in 2007–09, which has resulted in enlarged government deficits and public debt, as well as more intrusive government regulation and virtually no economic growth. The book does not only criticise the current dominant view which favours ever-growin...
Network Origins of the Global Economy
The upheavals of recent decades show us that traditional models of understanding processes of social and economic change are failing to capture real-world risk and volatility. This has resulted in flawed policy that seeks to capture change in terms of the rise or decline of regimes or regions. In order to comprehend current events, understand future risks and decide how to prepare for them, we need to consider economies and social orders as open, complex networks. This highly original work uses the tools of network analysis to understand great transitions in history, particularly those concerning economic development and globalisation. Hilton L. Root shifts attention away from particular agents – whether individuals, groups, nations or policy interventions – and toward their dynamic interactions. Applying insights from complexity science to often overlooked variables across European and Chinese history, he explores the implications of China's unique trajectory and ascendency, as a competitor and counterexample to the West.
Public Governance and the Classical-liberal Perspective
Drawing on classical liberalism, develops a systematic framework of principles regarding public governance.
Dynamics of Political Change in Ireland
This book examines the interrelated dynamics of political action, ideology and state structures in Northern Ireland and the Republic of Ireland, emphasising the wider UK and European contexts in which they are nested. It makes a significant and unique contribution to wider European and international debates over state and nation and contested borders, looking at the dialectic between political action and institutions, examining party politics, ideological struggle and institutional change. It goes beyond the binary approaches to Irish politics and looks at the deep shifts associated with major socio-political changes, such as immigration, gender equality and civil society activism. Interdisciplinary in approach, it includes contributions from across history, law, sociology and political science and draws on a rich body of knowledge and original research data. This text will be of key interest to students and scholars of Irish Politics, Society and History, British Politics, Peace and Conflict studies, Nationalism, and more broadly to European Politics.
Personal Diplomacy in the EU
At a time when the economic troubles and bailouts of Greece and other European economies are casting significant doubt on the future viability of the Eurozone and the EU, it is crucial to examine the origins of the political will and leadership that is necessary to move the integration process forward. This book makes a significant conceptual and empirical contribution by elucidating the extent to which the integration process hinges not on institutions and norms, but on the relations among leaders. Vogt conducts a comparative diplomatic history of three critical junctures in the process of European integration: the creation of the Common Market (1955–1957), British accession (1969–1973), and the introduction of the Euro (1989–1993). He illustrates how personal diplomacy, leadership constellations, and the dynamics among leaders enable breakthroughs or inhibit accords. He also reveals how the EU’s system of top-level decision-making that privileges institutionalised summitry has operated in the past and suggests – in a separate chapter – why it has come to atrophy and prove more dysfunctional of late.
Redefining European Economic Integration
An innovative, bipartisan and comprehensive account of why European economic integration has been in disarray and how to fix it.
