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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.
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 growththe main mechanism of capitalist legitimationis 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 ques...
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.
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 ...
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.
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 mind-bending jaunt ... that makes clear in fascinating detail how math is more than a sum of its parts" (Publishers Weekly) “Let no one ignorant of geometry enter here,” Plato warned would-be philosophers. Mathematician Karl Sigmund agrees. In The Waltz of Reason, he shows how mathematics and philosophy together have shaped our understanding of space, chance, logic, cooperation, voting, and the social contract. Sigmund shows how game theory is integral to moral philosophy, how statistics shaped the meaning of reason, and how the search for a logical basis for math leads to deep questions about the nature of truth itself. But this is no dry tome: Sigmund’s wit and humor shine as brightly as his erudition. The Waltz of Reason is an engrossing history of ideas as vibrant as a ballroom full of dancers, one that empowers as it entertains, following the complex and occasionally dizzying steps of the thinkers who have molded our thought and founded our world.
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.
Approaches focusing on ideological and cognitive factors to analyse public policy have moved to centre-stage in political science. This book presents the great variety of theoretical and empirical research on the role of ideas which has emerged in recent years. How can you quantify ideas? Ideas are objective entities, not conducive to empirical research. The appeal of this book lies in the juxtaposition of a careful exploration and discussion of the theories behind the role of ideas in policy making and policy areas, and their detailed contextualisation. Through carefully researched contemporary examples offering single country studies, comparative studies and examples from the European Union, these 'ideas' show themselves to be a double-edged sword. Ideas are revealed as both a societal and political resource, crucial to both promoting and inhibiting policy change. A clear understanding of the impact and influences of ideas on the crucial process of policy is essential to all political scientists and analysts of public policy, as well as individuals interested in the effects on policy decisions.