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Policy Change under New Democratic Capitalism
Democratic capitalism in developed countries has been facing an unprecedented crisis since 2008. Its political manageability is declining sharply. Both democracy and capitalism now involve crucial risks that are significantly more serious than those observed in earlier periods. The notion of policy regimes has gained new significance in analysing the possibilities for a post-neoliberal alternative. Policy innovations directed towards an economic breakthrough require both political leadership and a new economic theory. The processes of political decision making have become quite distant from the public realm, and a limited number of economic and political elites exert influence on public poli...
Economic Crises and Policy Regimes
In this innovative book, Hideko Magara brings together an expert team to explore both the possibilities and difficulties of transitioning from a neoliberal policy regime to an alternative regime through drastic policy innovations. The authors argue that, for more than two decades, citizens in developed countries have witnessed massive job losses, lowered wages, slow economic growth and widening inequality under a neoliberal policy regime that has placed heavy constraints on policy choices. The book explores, both theoretically and empirically, the possibility of transition to a new political economic paradigm by seeking feasible answers to questions such as: why has such a regime persisted f...
Growth, Crisis, Democracy
Since the global financial crisis of 2008, advanced economies have been making various efforts to overcome the economic impasse. While the contrast between the countries that have escaped from the crisis relatively quickly and those still suffering from serious problems is becoming clearer, a new economic crisis stemming from newly emerging economies has again impacted advanced economies. In retrospect, both leftist and rightist governments in advanced economies pursued expansive macroeconomic and welfare policies from the post-WWII period to the oil shocks of the 1970s. While we recognise that the particular policy regime in this ‘Golden Decades’ during which the left and the right impl...
The Politics of Structural Reforms
This innovative volume will be an excellent resource for political scientists specialized in political economy and industrial relations, labour economists and sociologists as well as policy practitioners and corporate governance specialists. Moreover,
Growth, Crisis, Democracy
Since the global financial crisis of 2008, advanced economies have been making various efforts to overcome the economic impasse. While the contrast between the countries that have escaped from the crisis relatively quickly and those still suffering from serious problems is becoming clearer, a new economic crisis stemming from newly emerging economies has again impacted advanced economies. In retrospect, both leftist and rightist governments in advanced economies pursued expansive macroeconomic and welfare policies from the post-WWII period to the oil shocks of the 1970s. While we recognise that the particular policy regime in this ‘Golden Decades’ during which the left and the right impl...
Policy Change Under New Democratic Capitalism
Cover -- Title -- Copyright -- Contents -- Notes on contributors -- Foreword -- Acknowledgements -- PART I Introduction -- 1 New models of democratic capitalism and policy regime change -- PART II Models of new democratic capitalism -- 2 Crisis, opportunity and democracy in contemporary Europe -- 3 The rise of the European consolidation state -- 4 Cost of democracy: changing aspects of modern democracy -- 5 Institutional change and regime crisis: a critical viewpoint on neoliberalism -- PART III Comparative analyses -- 6 The political-economic implications of de-industrialization with varieties of capitalism: an EU-Japan comparative analysis -- 7 Growth, employment, and social security governance in the EU and Japan -- 8 The diversity of the "neoliberal policy regime" and income distribution -- PART IV Regime competition in international rivalry and cooperation -- 9 Using neo-functionalism to understand the disintegration of Europe -- 10 From the variety of socioeconomic regimes to contemporary international relations -- 11 Balance-of-payments constraints, change in income distribution, and economic growth in the era of globalization -- Index
Economic Crises and Policy Regimes
In this innovative book, Hideko Magara brings together an expert team to explore both the possibilities and difficulties of transitioning from a neoliberal policy regime to an alternative regime through drastic policy innovations. The authors argue tha
Rampage Shootings and Gun Control
While the causes of rampage violence have been analysed thoroughly in diverse academic disciplines, we hardly know anything about the factors that affect their consequences for public policy. This book addresses rampage shootings in Western Europe and their conditional impact on politicization and policy change in the area of gun control. The author sets out to unravel the factors that facilitate or impede the access of gun control to the political agenda in the wake of rampage shootings and analyses why some political debates lead to profound shifts of the policy status quo, while others peter out without any legislative reactions. In so doing, the book not only contributes to the theoretic...
Varieties of Capitalism, Types of Democracy and Globalization
This book combines two strands of international political economy; examining how capitalism and democracy shape and are shaped by each other. Although until now considered separately, this path-breaking book proposes an innovative view of a political-economic system that inextricably links the model of capitalism to the type of democracy, where continuation is mutually reinforced. Advanced countries have achieved post-war affluence by adopting one of two contrasting models of capitalism; liberal market economies or coordinated market economies, and two opposing types of democracies: consensus or majoritarian democracies. Expert contributors in the field consider the question of whether and h...
Crisis Narratives, Institutional Change, and the Transformation of the Japanese State
Mired in national crises since the early 1990s, Japan has had to respond to a rapid population decline; the Asian and global financial crises; the 2011 triple disaster of earthquake, tsunami, and the Fukushima nuclear meltdown; the COVID-19 pandemic; China’s economic rise; threats from North Korea; and massive public debt. In Crisis Narratives, Institutional Change, and the Transformation of the Japanese State, established specialists in a variety of areas use a coherent set of methodologies, aligning their sociological, public policy, and political science and international relations perspectives, to account for discrepancies between official rhetoric and policy practice and actual percep...
