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In the Red
Insightful study that identifies the underlying factors contributing to countries continually accumulating immense debt
Rating Politics
How do countries' political and policy choices affect the credit ratings they receive? Sovereign ratings influence countries' cost of funding, and observers have long worried that rating agencies - these unelected, unappointed, unaccountable, for-profit organizations - can interfere with democratic sovereignty if they assign lower ratings to certain political and policy choices. The questions of whether, how, and why ratings react to policy and politics, however, remain unexplored. Rating Politics opens the black box of sovereign ratings to uncover the logic that drives rating responses to political and policy factors. Relying on statistical analysis of rating scores, interviews with soverei...
Understanding Local Agency in China’s Policy Reform
This book challenges the common perception or assumption that greater state intervention and re-centralization will result in convergence towards a more equitable and inclusive growth model in China. Instead of asking whether local agency matters, this project examines the conditions and latitude of local agency under initial decentralization followed by increasing top-down re-centralization. The central argument is that in response to common policy directives and pressures from above, disparities in local growth strategies have interacted with political institutions in generating “embedded” sub-national welfare mix models, with varying articulations of state, market, community, and family in Chinese welfare production. The bottom-up feedback effects from these embedded models have somewhat offset growing top-down pressure for re-centralization, contributing to persistent sub-national variations. This author contributes to a growing literature of comparative political economy that seeks to examine the political and economic logics of social policy in non-western and authoritarian political systems.
Governance of the European Monetary Union
The crisis in the euro area is a defining moment in the history of European integration. It has revealed major flaws in the architecture of the European Union; it has challenged European institutions to shape an appropriate response; and it has tested the patience of a European public that is eager to see their economic prospects improve again. This volume brings together some of the world’s top economists and policymakers to explain how this crisis came about and what is to be done. The policy agenda these chapters establish is going to be difficult to implement, not least because of popular misunderstanding and political opposition. This book argues, that it is essential that European policymakers push forward this agenda or they run the risk of seeing Europe’s economies fall back into crisis. This book was previously published as a special issue of the Journal of European Integration.
Reconfiguring European States in Crisis
Reconfiguring European States in Crisis offers a ground-breaking analysis by some of Europe's leading political scientists, examining how the European national state and the European Union state have dealt with two sorts of changes in the last two decades. Firstly, the volume analyses the growth of performance measurement in government, the rise of new sorts of policy delivery agencies, the devolution of power to regions and cities, and the spread of neoliberal ideas in economic policy. The volume demonstrates how the rise of non-state controlled organizations and norms combine with Europeanization to reconfigure European states. Secondly, the volume focuses on how the current crises in fiscal policy, Brexit, security and terrorism, and migration through a borderless European Union have had dramatic effects on European states and will continue to do so.
European Social Policy and the COVID-19 Pandemic
This is an open access title available under the terms of a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 International license (CC BY-NC-ND 4.0). It is free to read at Oxford Academic and offered as a free PDF download from OUP and select open access locations. During the first two years of the COVID-19 pandemic, social policy was one of the most important strategies used by governments to help mitigate the crisis. European Social Policy and the COVID-19 Pandemic: Challenges to National Welfare and EU Policy provides an encompassing and longer-term analysis of the social policy responses of European countries, as well as the European Union (EU), to the challenges of the pan...
Cannibalizing the Canon
This rich, in-depth exploration of Dada’s roots in East-Central Europe is a vital addition to existing research on Dada and the avant-garde. Through deeply researched case studies and employing novel theoretical approaches, the volume rewrites the history of Dada as a story of cultural and political hybridity, border-crossings, transitions, and transgressions, across political, class and gender lines. Dismantling prevailing notions of Dada as a “Western” movement, the contributors to this volume present East-Central Europe as the locus of Dada activity and techniques. The articles explore how artists from the region pre-figured Dada as well as actively “cannibalized”, that is, reabsorbed and further hybridized, a range of avant-garde techniques, thus challenging “Western” cultural hegemony.
How Governments Borrow
How Governments Borrow reveals how annual borrowing decisions are informed by domestic politics. The book traces the annual fiscal policymaking process in Emerging Markets (EM) to show how a government's partisan policy preferences are a primary determinant of annual external borrowing decisions and thus patterns of debt accumulation. That sovereign debt composition has partisan political roots provides insights for scholars in political science, international relations, economics, sociology, and public administration that work on sovereign debt. Sovereign debt composition enhances or limits the capacity of an EM government to contribute to social and economic development. Many EMs depend on...
Hayek's Bastards
How neoliberals turned to nature to defend inequality after the end of the Cold War Neoliberals should have seen the end of the Cold War as a total victory—but they didn’t. Instead, they saw the chameleon of communism changing colors from red to green. The poison of civil rights, feminism, and environmentalism ran through the veins of the body politic and they needed an antidote. To defy demands for equality, many neoliberals turned to nature. Race, intelligence, territory, and precious metal would be bulwarks against progressive politics. Reading and misreading the writings of their sages, Friedrich Hayek and Ludwig von Mises, they articulated a philosophy of three hards—hardwired hum...
Political Economy
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