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This book investigates the new mode of global economic governance. Vestergaard argues that only by abandoning certain ‘laissez-fairy tales’ about liberalism, may we begin to understand our present condition, and open a space for critical thought in the face of an ever-more pervasive neoliberalism.
Voice, social contract, and accountability are discussed from the point of view of the function of law, justice, judicial systems and related areas from human rights to government policy, urban development, resource management, gender, social rights, economic reforms, governance, sustainable development and anti-corruption.
The study of global governance has often led separate lives within the respective camps of International Political Economy and Foucauldian Studies. Guzzini and Neumann combine these to look at an increasingly global politics with a growing number of agents, recognising the emergence of a global polity.
Efforts to resolve the recent financial crisis have obscured a more deeply rooted financialization crisis that impacts not only the market economy but also the vital civic and moral traditions that support it. This book reveals the cultural influence of finance in reshaping the foundations of American civil society and proposes a return to certain "first principles" of the Republic to restore the nation’s economic vision. This book demonstrates how funding concerns and financial incentives "revalue" faith traditions, educational institutions, non-profit organizations, and even the nation’s healthcare system in ways that are eroding the diversity of American culture. These changes also un...
Shaper Nations provides perspectives on the national strategies of eight countries that are shaping global politics in the twenty-first century. The volume’s authors offer a unique viewpoint: they live and work primarily in the country about which they write, bringing an insider’s feel for national debates and politics.
Research Handbook on Shadow Banking brings together a range of international experts to discuss shadow banking activities, the purposes they serve, the risks they pose to the financial system and implications for regulators and the regulatory perimeter. Including discussions specific to the UK, European Union, US, China and Singapore, this book offers high level and theoretical perspectives on shadow banking and regulatory risks, as well as more detailed explorations of specific markets in shadow banking.
This book unravels the centrality of contestation over international institutions under the shadow of crisis. Andrew Cooper makes a compelling case that concertation represents a fundamental institution as a peer competitor to multilateralism.
With globalization on the wane in a world fractured by growing great power competition, Hoo and McKinney argue that regionalism is likely to re-emerge as a focal area of significance and interest in the coming years. In Asia, how regionalism evolves is inescapably linked to China’s part in this story. Hoo, McKinney and their contributors will help readers better understand regionalism as it is approached, conceived and practiced by China. Looking past the conventional attention on the Belt-Road Initiative, the contributors examine the evolving perspectives on regionalism within China, the forms which this regionalism has taken and the implications for the strategic order in Asia. This incl...
Written by one of the leading scholars of global politics, Globalization Revisited is a major new book for students of globalization. It describes and explains the challenges to liberalism and the global order as result of globalizing forces - from financial interconnectedness to the growth of religious fundamentalisms. The text: provides a detailed analysis of the economic and financial aspects of globalization; examines the changes to global power and governance created by globalization including its effect on the sovereignty of the nation state; discusses recent trends such as the increased use of networks and social media; assesses the rise of globalizing fundamentalism; analyzes the challenges to globalization posed by contemporary events such as the global financial crisis. This book will be essential reading for all students of globalization, and will be of great interest to students of global politics and global governance.
This book covers the recent history of Chinese monetary policy. While most current work focuses on This book traces and explains the evolution of Chinese monetary policy in the years before 2008. The turn towards interest rate deregulation and market-oriented policy in China in recent years is often seen as a break with former command-and-control policy norms, in favour of Western central banking norms. We argue that Chinese monetary policy already went through a transformation under the influence of ‘new consensus’ macroeconomics after 1998, but that this surprisingly led to increased reliance on direct banking controls in the 2000s. Therefore, many of the controls that look to many like a remnant of central planning are in fact an outcome of an earlier attempt to ‘rationalise’ monetary policy, in unusual Chinese conditions. Specifically, policy returned to direct controls because of an underdeveloped interbank money market, and a glut of bank liquidity associated with enormous foreign exchange inflows in the mid-2000s.