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Economic Policy, Exchange Rates, and the International System
In an outstanding account of exchange rates inthe international monetary system, W. Max Corden considers the essential issues in international macroeconomics.The author takes as his model the macroeconomic situation of a country with an open economy, and explains the effects of domestic fiscal and monetary macroeconomic policy on exchange rates. He clearly analyses the choices faced by governments attempting to manage both the domestic inflation rateand the external exchange rate and current account balance. Professor Corden then discusses the European Exchange Rate mechanism, and provides a sceptical analysis of the possibilities for monetary union in Europe, and for international policy co...
The Renewal of Government
Renewal of Government is a short analysis of the many issues facing Britain today. It recommends a root-and-branch reform of public policy, and shows in detail how to implement it.This book proposes many different ways to make public sector organisations more dynamic and less bureaucratic. It looks at whether there are alternative, non-statist ways to achieve the objectives of public policy. And a consistent theme throughout the book is the need to swap central targets and controls for the right structures and incentives.Across many different fields we find that the answer is to devolve control and accountability to the local level. We find that government policy fails whenever it does not enable people and communities to take responsibility for their own lives.
Tackling Terrorism in Britain
In September 2001, the world witnessed the horrific events of 9/11. A great deal has happened on the counterterrorist front in the 20 years since. While the terrorist threat has greatly diminished in Northern Ireland, the events of 9/11 and their aftermath have ushered in a new phase for the rest of the UK with some familiar, but also many novel, characteristics. This ambitious study takes stock of counterterrorism in Britain in this anniversary year. Assessing current challenges, and closely mirroring the ‘four Ps’ of the official CONTEST counterterrorist strategy – Protect, Prepare, Prevent, and Pursue – it seeks to summarize and grasp the essence of domestic law and policy, without being burdened by excessive technical detail. It also provides a rigorous, context-aware, illuminating, yet concise, accessible, and policy-relevant analysis of this important and controversial subject, grounded in relevant social science, policy studies, and legal scholarship. This book will be an important resource for students and scholars in law and social science, as well as human rights, terrorism, counterterrorism, security, and conflict studies.
The Dignity of Labour
Does work give our lives purpose, meaning and status? Or is it a tedious necessity that will soon be abolished by automation, leaving humans free to enjoy a life of leisure and basic income? In this erudite and highly readable book, Jon Cruddas MP argues that it is imperative that the Left rejects the siren call of technological determinism and roots it politics firmly in the workplace. Drawing from his experience of his own Dagenham and Rainham constituency, he examines the history of Marxist and social democratic thinking about work in order to critique the fatalism of both Blairism and radical left techno-utopianism, which, he contends, have more in common than either would like to admit. He argues that, especially in the context of COVID-19, socialists must embrace an ethical socialist politics based on the dignity and agency of the labour interest. This timely book is a brilliant intervention in the highly contentious debate on the future of work, as well as an ambitious account of how the left must rediscover its animating purpose or risk irrelevance.
Strained Relations
Michael Bordo, Owen Humpage, and Anna Schwartz explore the evolution of exchange-market policyprimarily foreign-exchange interventionin the United States. Based on decades of research with unique, heretofore confidential, data consisting of all official US foreign-exchange transactions conducted through the Federal Reserve Bank of New York between 1962 and 1995, "Strained Relations" is fundamentally a study of institutional learning and adaptation under changing circumstances, most notably the abandonment of the international gold standard. The authors narrate the economic developments, the political environment, and the bureaucratic issues that fostered this evolution. They use many economic studies of foreign-exchange-market intervention, but the book is not a survey of the voluminous literature or empirical analysis; it is primarily a historical narrative. A fact-based history of the modern dollar with the unifying perspective of how the US has tried to influence how much the dollar is worth abroad while balancing the priority of keeping inflation low at home, "Strained Relations" is an intriguing story of gold, secrets, and economic intervention."
Orders of Exclusion
When and why do powerful countries seek to enact major changes to international order, the broad set of rules that guide behavior in world politics? This question is particularly important today given the Trump administration's clear disregard for the reigning liberal international order in the United States. Across the globe, there is also uncertainty over what China might seek to replace that order with as it continues to amass power and influence. Together, these developments mean that what motivates great powers to shape and change order will remain at the forefront of debates over the future of world politics. Prior studies have focused on how the origins of international orders have be...
The Muslim Brotherhood and the West
The Muslim Brotherhood and the West is the first comprehensive history of the relationship between the world’s largest Islamist movement and the Western powers that have dominated the Middle East for the past century: Britain and the United States. In the decades since the Brotherhood emerged in Egypt in the 1920s, the movement’s notion of “the West” has remained central to its worldview and a key driver of its behavior. From its founding, the Brotherhood stood opposed to the British Empire and Western cultural influence more broadly. As British power gave way to American, the Brotherhood’s leaders, committed to a vision of more authentic Islamic societies, oscillated between anxie...
United in Diversity?
This is the first volume in the International Policy Exchange Series, edited by Douglas J. Besharov and Neil Gilbert.
Interpreting Chinese Foreign Policy
This work applies the micro-macro linkage approach to Chinese foreign policy. It analyzes the effect of the international environment and domestic constraints, exploring the key trends of modernization, nationalism, and regionalism, reviewing literature an.
