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Why should each country have its own exclusive currency? Eric Helleiner offers a fascinating and unique perspective on this question in his accessible history of the origins of national money. Our contemporary understandings of national currency are, Helleiner shows, surprisingly recent. Based on standardized technologies of production and extraction, territorially exclusive national currencies emerged for the first time only during the nineteenth century. This major change involved a narrow definition of legal tender and the exclusion of tokens of value issued outside the national territory. "Territorial currencies" rapidly became bound up with the rise of national markets, and money reflec...
Against the backdrop of a more differentiated European Union, this book discusses the relationship between differentiation and domination in the EU in relation to how it has been transformed through the financial and refugee crises, the COVID-19 pandemic, the Russian invasion of Ukraine, and in general, a more volatile and less rule-bound global context. In doing so, it assesses to what extent these adaptations represent significant change, generating new problems and challenges, or on the other hand, providing an opportunity for new solutions or even signalling a new approach to governance that can mitigate problems associated with domination. Differentiation is discussed not only from a legal perspective, but with special attention to structural and institutional arrangements, which includes patterns of path dependence and built-in biases. This book will be of key interest to scholars and students of public sector crisis management, international organisations, and EU politics and studies.
This handbook comprehensively explores the European Union’s institutional and policy responses to crises across policy domains and institutions – including the Euro crisis, Brexit, the Ukraine crisis, the refugee crisis, as well as the global health crisis resulting from COVID-19. It contributes to our understanding of how crisis affects institutional change and continuity, decision-making behavior and processes, and public policy-making. It offers a systematic discussion of how the existing repertoire of theories understand crisis and how well they capture times of unrest and events of disintegration. More generally, the handbook looks at how public organizations cope with crises, and thus probes how sustainable and resilient public organizations are in times of crisis and unrest.
This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. This book presents twenty-three in-depth case studies of successful public policies and programs in Sweden, Denmark, Finland, Norway, and Iceland. Each chapter tells the story of the policy's origins, aims, design, decision-making, and implementation processes, and assesses in which respects - programmatically, process-wise, politically, and over time - and to what extent it can be considered to have been successful. It also points towards the driving forces of success, and the challenges that have had to be overcome to achieve it. Combined, the chapters provide a resource for researchers, educators, and students of public policy both within and beyond the Nordic region.
Democracy in Europe has been a recent phenomenon. Only in the wake of World War II were democratic frameworks secured, and, even then, it was decades before democracy truly blanketed the continent. Neither given nor granted, democracy requires conflict, often violent confrontations, and challenges to the established political order. In Europe, Geoff Eley convincingly shows, democracy did not evolve organically out of a natural consensus, the achievement of prosperity, or the negative cement of the Cold War. Rather, it was painstakingly crafted, continually expanded, and doggedly defended by varying constellations of socialist, feminist, Communist, and other radical movements that originally ...
Karl Polanyi's belief that the greatest threat to freedom was a poorly administered economy led him to an economics that was more existential and human-centered. Part I of this book develops Polanyi's thinking for its significance today through a selection of papers on re-reading his major work entitled "The Great Transformation," Part II looks at the life and work of Ilona Duczynska (Polanyi's wife), political activist, writer and translator and important influence over Karl and his work. Kenneth McRobbie, a poet and historian who teaches at the University of British Columbia, is the editor of "Humanity, Society and Commitment," Kari Polanyi Levitt, emeritus professor at McGill University, is the editor of "The Life and Work of Karl Polanyi,"
A set of state of the art empirical analyses at the country, regional, and global level that work from a new theoretical framework that analyzes the politics of growth and stagnation. As highlighted by the recent debate on 'secular stagnation, ' economic growth has slowed down considerably, and this has given rise to a host of new problems, from financial instability to the collapse of mainstream parties. What happens when growth--the main mechanism of capitalist legitimation--is harder to come by and less broadly shared? And how should we think about capitalist diversity in the context of global stagnation? In Diminishing Returns, Lucio Baccaro, Mark Blyth, and Jonas Pontusson address these...
From the Cayman Islands and the Isle of Man to the Principality of Liechtenstein and the state of Delaware, tax havens offer lower tax rates, less stringent regulations and enforcement, and promises of strict secrecy to individuals and corporations alike. In recent years government regulators, hoping to remedy economic crisis by diverting capital from hidden channels back into taxable view, have undertaken sustained and serious efforts to force tax havens into compliance. In Tax Havens, Ronen Palan, Richard Murphy, and Christian Chavagneux provide an up-to-date evaluation of the role and function of tax havens in the global financial system-their history, inner workings, impact, extent, and ...
Robert Boyer and Yves Sailard's Theorie de la Regulation introduces the Francophone public to one of the most important new currents in social science of the past half-century. This long-awaited translation will help broaden its impact still further. Regulation Theory focuses on the structural features of a given model and has helped enliven the examination of core economic concepts.
The Politics of Oil-Producer Cooperation is a comprehensive study of the behavior of political actors in the international oil market since 1971. In this study, Dag Harald Claes seeks to answer the question of what determines the cooperative behavior among oil-producing countries, and he also shows the benefits of approaching an empirical topic from several levels of analysis. Claes provides a case study demonstrating the problems of collective action in international politics, and he discusses multi-level approaches in studies of international relations, and international political economy.