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In the wake of worldwide economic turmoil and efforts toward recovery, understanding the interdependence of government and business is more important than ever. In this thoroughly updated edition, Lehne takes a comparative approach, evaluating the U.S. political economy with respect to those of Great Britain, Germany, Japan, and the EU. The book provides detailed historical context for, and a conceptual understanding of, the business-government environment, and then clarifies the roles of the major actors and outlines the regulatory and policy frameworks. Along the way, Lehne probes some of the most crucial dilemmas facing government and business today. Updates to this edition include: * expanded coverage of ethics as it relates to government and business; * greater attention to China in particular in the feature boxes on developing nations; and * a look at relations between government and business at the subnational level. A comprehensive glossary and chapter summaries enhance student learning.
The Great Recession and its aftershocks, including the Eurozone banking and debt crisis, add up to the worst global economic crisis since the Great Depression of the 1930s. Although economic explanations for the Great Recession have proliferated, the political causes and consequences of the crisis have received less systematic attention. Politics in the New Hard Times is the first book to focus on the Great Recession as a political crisis, one with both political sources and political consequences. The authors examine variation in crises over time and across countries, rather than treating these events as undifferentiated shocks. Chapters also explore how crisis has forced the redefinition and reinforcement of interests at the level of individual attitudes and in national political coalitions. Throughout, the authors stress that the Great Recession is only the latest in a long history of international economic crises with significant political effects-and that it is unlikely to be the last. Contributors: Suzanne Berger, MIT; J. Lawrence Broz, University of California, San Diego; Peter Cowhey, University of California, San Diego; Peter A. Gourevitch, University of California, San Diego; Stephan Haggard, University of California, San Diego; Peter A. Hall, Harvard University; Miles Kahler, University of California, San Diego; Peter J. Katzenstein, Cornell University; Ikuo Kume, Waseda University; David A. Lake, University of California, San Diego; Megumi Naoi, University of California, San Diego; Stephen C. Nelson, Northwestern University; Pablo Pinto, Columbia University; James Shinn, Princeton University
The book examines the rising influence of emerging powers in global politics, with a special focus on the BRIC countries (Brazil, Russia, India, China). Chapters contributed by international scholars first look at the changing status of the US in the 21st century and at the EU as both an emerging and innovative power. China's rising power status, India's regional and global influence, Russia's re-emergence, and Brazil's growing regional and international role are then analyzed comparatively to explain how the BRIC states are poised to become vital players not only in politics and economy, but also in key international concerns such as terrorism, globalization, and climate change. The book provides a detailed analysis of political, economic, security, and foreign policy trends in the BRIC countries to address such questions as to whether they will seek to revise the international order or work within it and how they will deal with transnational global problems. Using a unique comparative approach, the text will appeal to undergraduate students in world politics, international relations, and foreign policy.
Policy debates are often grounded within the conceptual confines of a state-market dichotomy, as though the two existed in complete isolation. In this innovative text, Marc Allen Eisner portrays the state and the market as inextricably linked, exploring the variety of institutions subsumed by the market and the role that the state plays in creating the institutional foundations of economic activity. Through a historical approach, Eisner situates the study of American political economy within a larger evolutionary-institutional framework that integrates perspectives in American political development and economic sociology. This volume provides a rich understanding of the complexity of U.S. economic policy, explaining how public policies become embedded in bureaucracy and reinforced by organized beneficiaries and public expectations. This path-dependent layering process helps students better understand the underlying historical dynamics, which provide a clearer sense of the constraints faced by policymakers now and in the future. The revisions to the second edition include: Complete rewrite of the chapter on the recent financial crisis, adding in commentary on the debt ceiling, the fiscal cliff, and other recent events. New material added and existing material updated in the chapter discussing the two welfare states. Extensive updates to the coverage of the global economy Expanded and updated discussion of Obama’s economic policies. Updates to figures and data throughout the text.
Seymour Martin Lipset pronounced over a decade ago, "Someone who knows only one country knows no country." It is well established that students learn the intricacies of American politics better when they are presented in a comparative context. In today’s globalized society and workforce, it is all the more important for students to understand that the American political system is in many ways the exception and not the rule. Introductory textbooks on American government, however, rarely emphasize in sufficient depth how the United States compares to other political systems. And introductions to comparative politics infrequently situate the United States in their analysis. The American Anomaly systematically analyzes the U.S. political system by way of comparison with other countries, especially other industrialized democracies. It is organized into four sections, respectively covering the constitutional order, governmental institutions, political participation, and public policy. Extended case studies in each chapter draw on all the major regions of the world. Thoroughly revised throughout, the third edition includes: Updates throughout to reflect recent developments, including battles for control of Congress and the White House in 2010 and 2012, the challenges and successes of the Obama presidency, and political developments including the rise of the Tea Party and Occupy Wall Street. The addition of a ready-reference glossary defining key terms, along with a key terms list at the end of each chapter. Updates to examples from other countries, such as changes to the European Union in light of the Eurozone crisis, the weakening of the Mexican state due to surges in drug-related crime, and the growth of China’s global role. A substantive update to the domestic policy and foreign policy chapters. A significant update on online/web-based activism, with particular regard to the expanding role of social media. New tables and charts in each chapter. A companion website also offers overview slides, links, and other supporting features.
This book engages in the debate on growth versus economic transformation and the importance of industrial policy, presenting a comprehensive framework for explaining the politics of industrial policy. Using comparative research to theorize about the politics of industrial policy in countries in the early stages of capitalist transformation that also experience the pressures of elections due to democratization, this book provides four in-depth African country studies that illustrate the challenges to economic transformation and the politics of implementing industrial policies.
In the past ten to twenty years the global political economy picture has dramatically changed with the emergence of the economies of Brazil, Russia, India and, notably, China (BRICs) as big players and competitors of the advanced economies in the West and Eastern Asia. The book comparatively analyses institutional change in the BRICs. This book examines the BRICs by analysing their institutional development, their main continuities and changes, and their differences. It provides a comparative analysis of the political economies of the BRICs, but also considers South Africa and Turkey. The contributors provide a systematic comparison of the state-economy and the capital-labour relationships and explore whether they liberalized or followed a specific trajectory. The book also addresses debates on the varieties of capitalism and explores whether the emerging economies fit into the dichotomous construction of liberal and coordinated capitalism or whether they require a more differentiated typological approach. Moving away from rigid conceptions and the static classification of political economies as either liberal or coordinated and presenting a more open approach, The BRICs and Emerging Economies in Comparative Perspective will be vital reading for students and scholars of comparative political economy, international relations, capitalism, the BRICs, emerging markets and the role of the state in the economy.

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