What happens to European Union (EU) fiscal policy coordination in hard times? Recent accounts of the EU have portrayed the union as plagued by an austerity regime and rampant moral hazard. Charlotte Rommerskirchen provides an alternative account of economic cooperation in Europe during the Great Recession and the European Debt Crisis. Drawing on Mancur Olson's theory of collective action, this volume combines evidence from statistical analysis and extensive interviews with key players. This book reaches an unexpected conclusion regarding the state of collective action in times of crises: Free riding was not rife. Despite heated accusations, member states crisis policies matched their fiscal room for manoeuvre. The real collective action failure is instead diagnosed in the inability to sanction free riders at the EU level and empowering erratic bond markets to discipline governments.
With entries from leading international scholars from around the world, this eight-volume encyclopedia offers the widest possible coverage of key areas both regionally and globally. The International Encyclopedia of Political Science provides a definitive, comprehensive picture of all aspects of political life, recognizing the theoretical and cultural pluralism of our approaches and including findings from the far corners of the world. The eight volumes cover every field of politics, from political theory and methodology to political sociology, comparative politics, public policies, and international relations. Entries are arranged in alphabetical order, and a list of entries by subject area appears in the front of each volume for ease of use. The encyclopedia contains a detailed index as well as extensive bibliographical references. Filling the need for an exhaustive overview of the empirical findings and reflections on politics, this reference resource is suited for undergraduate or graduate students who wish to be informed effectively and quickly on their field of study, for scholars seeking information on relevant research findings in their area of specialization or in related fields, and for lay readers who may lack a formal background in political science but have an interest in the field nonetheless. The International Encyclopedia of Political Science provides an essential, authoritative guide to the state of political science at the start of the 21st century and for decades to come, making it an invaluable resource for a global readership, including researchers, students, citizens, and policy makers. The encyclopedia was developed in partnership with the International Political Science Association. Key Themes: Case and Area Studies Comparative Politics, Theory, and Methods Democracy and Democratization Economics Epistemological Foundations Equality and Inequality Gender and Race/Ethnicity International Relations Local Government Peace, War, and Conflict Resolution People and Organizations Political Economy Political Parties Political Sociology Public Policy and Administration Qualitative Methods Quantitative Methods Religion
At the close of the Second World War, when industrialized nations faced serious trade and financial imbalances, delegates from forty-four countries met in Bretton Woods, New Hampshire, in order to reconstruct the international monetary system. In this volume, three generations of scholars and policy makers, some of whom participated in the 1944 conference, consider how the Bretton Woods System contributed to unprecedented economic stability and rapid growth for 25 years and discuss the problems that plagued the system and led to its eventual collapse in 1971. The contributors explore adjustment, liquidity, and transmission under the System; the way it affected developing countries; and the role of the International Monetary Fund in maintaining a stable rate. The authors examine the reasons for the System's success and eventual collapse, compare it to subsequent monetary regimes, such as the European Monetary System, and address the possibility of a new fixed exchange rate for today's world.
This text examines the vital connections between trade, environment and development. It argues that current international trade rules and institutions must be significantly reformed to address environmental concerns while still promoting economic growth and development.
�This volume develops the rich conceptual and empirical content of public-private relationships, increasingly acknowledged as the dominant realm of natural resource governance. Ten wonderful studies from around the world illuminate opportunities for advancing the theory, analysis and effective formation of sustainable systems of resource use. The book is excellent for courses in governance and public policy in any resource and environmental field.�JEFF ROMM, PROFESSOR FOR RESOURCE POLICY, UNIVERSITY OF CALIFORNIA AT BERKELEY, US�The book addresses the theoretically and politically most important division of social organization into public and private. The authors bring an exciting, multidisciplinary perspective to bear on changing and multiple publics and the strength of relationships connecting these two spheres in rural development and natural resource governance. The contributions range from consumer health and food safety, soil science, forestry and water management to sociological and economic aspects of natural resource property and governance.�FRANZ VON BENDA-BECKMANN, MAX PLANCK INSTITUTE FOR SOCIAL ANTHROPOLOGY, GERMANYNatural resources have historically been considered as being governed in public or private spheres - that is, by the state on behalf of the people, or by companies or individuals driven by the market. This dichotomy between private and public is now recognized as overly simplistic, and it is clear that �publics� and �privates� operate at a range of levels and with differing degrees of separation or overlap.Bringing together a group of internationally respected researchers, this book provides a new perspective on prominent issues in resource governance, including the state, NGOs, civil society, communities, participation, devolution, privatization and hybrid institutions, highlighting the three-dimensional nature of relations between �public� and �private�. It builds on empirical analyses from six fields of natural resource governance - agri-environment, biodiversity, bioenergy, food quality and safety, forestry and rural water - and employs a comparative approach that goes beyond the specifi cities of individual policy fields, recognizing shared elements and allowing for a greater understanding of the dynamics underlying governance processes. Introductions to the volume and to each section summarize the key debates and highlight linkages between chapters. This is essential reading for academics, students and policy experts in natural resource governance, development and environmental policy.
This textbook takes a new approach to political economy: it combines the well-known non-quantitative theories with the findings of behavioral science and other disciplines such as psychology and sociology. The question of how people behave and how such behavior can be guided towards moral welfare for everyone is the focus of this book. The knowledge is first derived scientifically, then the results are presented in summaries and conclusions. Case studies provide a link to practice. By means of exercises and behavioral games, readers can apply and deepen their acquired knowledge.
Twenty-five years ago, the Cuyahoga River in Ohio was so contaminated that it caught fire, air pollution in some cities was thick enough to taste, and environmental laws focused on the obvious enemy: large American factories with belching smokestacks and pipes gushing wastes. Federal legislation has succeeded in providing cleaner air and water, but we now confront a different set of environmental problems--less visible and more subtle. This important book offers thought-provoking ideas on how America can respond to changing public health and ecological risks and create sound environmental policy for the future. The innovative thinkers of the Next Generation Project of the Yale Center for Environmental Law and Policy--experts from business, government, nongovernmental organizations, and academia--propose reforms that balance environmental efforts with other public needs and issues. They call for new foundations for environmental law and policy, adoption of a more diverse set of policy tools and strategies (economic incentives, ecolabels), and new connections between critical sectors (agriculture, energy, transportation, service providers) and environmental policy. Future progress must involve not only officials from the U.S. Environmental Protection Agency and state environmental protection departments, say the authors, but also decision-makers as diverse as mayors, farmers, energy company executives, and delivery route planners. To be effective, next-generation policy-making will view environmental challenges comprehensively, connect academic theory with practical policy, and bridge the gaps that have caused recent policy debates to break down in rancor. This book begins the process of accomplishing these challenging goals.
Germany is a central case for research on comparative political economy, which has inspired theorizing on national differences and historical trajectories. This book assesses Germany’s political economy after the end of the "social democratic" 20th century to rethink its dominant properties and create new opportunities for using the country as a powerful lens into the evolution of democratic capitalism. Documenting large-scale changes and new tensions in the welfare state, company strategies, interest intermediation, and macroeconomic governance, the volume makes the case for analysing contemporary Germany through the politics of imbalance rather than the long-standing paradigm of institutional stability. This conceptual reorientation around inequalities and disparities provides much-needed traction for clarifying the causal dynamics that govern ongoing processes of institutional recomposition. Delving into the politics of imbalance, the volume explicates the systemic properties of capitalism, multivalent policy feedback, and the organizational foundations of creative adjustment as key vantage points for understanding new forms of distributional conflict within and beyond Germany. The chapters in this book were originally published as a special issue of German Politics.
