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Capitalism in Crisis? - The European Periphery and Emerging Economies (Hardcover)
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Capitalism in Crisis? - The European Periphery and Emerging Economies (Hardcover)
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Worrisome recent economic downturns in Brazil, Russia and even
China occurred against the backdrop of domestic issues pertaining
to patrimonialism, corruption and informality. Some economies of
the European periphery also suffered from similar domestic issues
and plunged into recession due to economic crisis and austerity
policies implemented in its wake. This book theorises and analyses
the evolving nature of capitalism in emerging economies (the BRICs)
and the European periphery in the face of pressures from
globalisation and economic crises The volume seeks to make sense of
these crises and their impact using the framework of comparative
capitalism while testing its applicability beyond the advanced
industrialised countries for which it was developed. The authors
draw on late Uwe Becker's open qualitative approach, systematically
integrating the state into the analysis and paying close attention
to the role of changing ideas, character of international
integration, leadership and informality. The contributors analyse
different responses to crises by the BRICs and countries of the
Southern European periphery as well as respective dimensions of
state-business interaction. The findings contribute to theorising
varieties of capitalism beyond the OECD world and to developing a
dynamic theory of capitalist change in the face of pressures from
globalisation and economic crises. The chapters in this book were
originally published as a special issue of Contemporary Politics.
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