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Evolutionary Political Economy in Action
The world is in turmoil, the dynamics of political economy seem to have entered a phase where a ‘return to normal’ cannot be expected. Since the financial crisis, conventional economic theory has proven itself to be rather helpless and political decision makers have become suspicious about this type of economic consultancy. This book offers a different approach. It promises to describe political and economic dynamics as interwoven as they are in real life and it adds to that an evolutionary perspective. The latter allows for a long-run view, which makes it possible to discuss the emergence and exit of social institutions. Evolutionary Political Economy in Action consists of two parts. Pa...
Theory and Method of Evolutionary Political Economy
The world is in turmoil, the dynamics of political economy seem to have entered a phase where a ‘return to normal’ cannot be expected. Since the financial crisis, conventional economic theory has proven itself to be rather helpless and political decision makers have become suspicious about this type of economic consultancy. This book offers a different approach. It promises to describe political and economic dynamics as interwoven as they are in real life and it adds to that an evolutionary perspective. The latter allows for a long-run view, which makes it possible to discuss the emergence and exit of social institutions. The essays in this volume explore the theoretical and methodologic...
Society and Economics in Europe
This book takes stock of the lessons to be learned from the experiences of different countries on their way to a transition into a unified Europe. It demonstrates how the project of a unified Europe is a social pilot project that is unique in human history, both with respect to the sheer number of people involved and with respect to the cultural diversity it aims to turn into a progressive advantage. With no historical experience at hand, the transition into a unified Europe is an exploratory process, often risky but sometimes also surprisingly successful. To improve the chances of establishing a successful unification it is particularly important that we learn from the mistakes made so far;...
Socioeconomic Fragmentation and Exclusion in Greece under the Crisis
This volume uses new empirical evidence and analytical ideas to study phenomena of fragmentation and exclusion threatening stability and cohesion in Greek society in the aftermath of the crisis. The contributors argue that processes of fragmentation and exclusion provoked by the crisis can be observed on both a material and an ideational level. On a material level, rising levels of unemployment, poverty and inequality have produced new social security “outsiders”, while on an ideational level, a discursive-cultural shift is documented, which has led to new understandings and categorizations of new (and old) insiders and outsiders. Moreover, the volume attests to the aspirations, but also the limitations, of spontaneous civil society mobilization to address the social crisis. Finally, the volume offers a discussion of the political management of social fragmentation and exclusion in Greece both before and after the onset of the crisis. The book will be of interest to scholars and students of social policy and phenomena of poverty, social exclusion and economic inequality, civil society studies, and comparative political economy and politics.
Classes
Stormy times are looming just around the corner during the next ten years. People all around the world are increasingly feeling that a major shake-up of our living conditions is in the air. The three most visible global dangers are an environmental collapse, a third world war, and an accelerating inequality of welfare between different parts of the human population. It is evident that these threatening developments are highly interdependent symptoms of the same social process: the dynamics of global political economy. We are in acute need of a theory that explores our options for a surviving human species. The major social entities involved in this change have to be identified: Classes.
Law, Populism, and the Political in Central and Eastern Europe
This book addresses the variety of right-wing illiberal populism which has emerged in Central and Eastern Europe (CEE). Against the backdrop of weak institutional traditions, frequent and profound transformations, and deep historical traumas affecting the law, politics, economy and society in the region, the book critically examines the entanglements of legality in the region’s transformation from state socialism to neoliberalism and Western-style democracy. Drawing on critical legal theory, as well as legal history, legal theory, sociology of law, history of ideas, anthropology of law, comparative law, and constitutional theory, the book goes beyond conventional analyses to offer an in-depth account of this important contemporary phenomenon. This book will be of interest to legal researchers, especially of a critical or socio-legal perspective, political scientists, sociologists and (legal) historians, as well as policy makers seeking to understand the regional specificity and deeper roots of Central and Eastern European illiberal populism.
Resolving the Cyprus Conflict
By placing the conflict in its historical, ideological, ethno-political and geostrategic context, the book extends beyond conventional realist approaches and lays bare those less visible dimensions that are often ignored by analysts and policy-makers alike.
The Foreign Policy of the Republic of Cyprus
This book examines the foreign policy of the Republic of Cyprus, particularly since 2004—the year of its accession to the European Union and of the failed Annan Plan V of the United Nations which aimed to solve the decades-old Cyprus Problem. Scholarly work about the politics and foreign policy of the Republic of Cyprus (RoC) has been almost entirely analyzed through the prism of the Cyprus Problem. This is not without justification since the Cyprus Problem is indeed central to the social, political, and economic life of Cyprus. However, Cyprus is located in a highly neuralgic area of historical and geopolitical importance that is, more often than not, characterized by rapid developments, instability, and insecurity. Therefore, the RoC’s politics and foreign policy go well beyond the confines of the Cyprus Problem, or so they should. Although the subject of the book is not international by definition, the book touches upon many regional and international dimensions that render it relevant for anyone who wants to better understand not just Cyprus but also the broader region and its importance for regional and international actors.
Macroprudential Banking Supervision & Monetary Policy
The European experience suggests that the efforts made to achieve an efficient trade-off between monetary policy and prudential supervision ultimately failed. The severity of the global crisis have pushed central banks to explore innovative tools—within or beyond their statutory constraints—capable of restoring the smooth functioning of the financial cycle, including setting macroprudential policy instruments in the regulatory toolkit. But macroprudential and monetary policies, by sharing multiple transmission channels, may interact—and conflict—with each other. Such conflicts may represent not only an economic challenge in the pursuit of price and financial stability, but also a legal uncertainty characterizing the regulatory developments of the EU macroprudential and monetary frameworks. In analyzing the “legal interaction” between the two frameworks in the EU, this book seeks to provide evidence of the inconsistencies associated with the structural separation of macroprudential and monetary frameworks, shedding light upon the legal instruments that could reconcile any potential policy inconsistency.
