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Books > Business & Economics > Economics > Economic theory & philosophy
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Ruling Ideas - How Global Neoliberalism Goes Local (Hardcover)
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Ruling Ideas - How Global Neoliberalism Goes Local (Hardcover)
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Neoliberal economic theories are powerful because their domestic
translators make them go local, hybridizing global scripts with
local ideas. This does not mean that all local translations shape
policy, however. External constraints and translators' access to
cohesive policy institutions filter what kind of neoliberal hybrids
become policy reality. By comparing the moderate neoliberalism that
prevails in Spain with the more radical one that shapes policy
thinking in Romania, Ruling Ideas explains why neoliberal hybrids
take the forms that they do and how they survive crises. Cornel Ban
contributes to the literature by showing that these different
varieties of neoliberalism depend on what competing ideas are
available locally, on the networks of actors who serve as the local
advocates of neoliberalism, and on their vulnerability to external
coercion. Ruling Ideas covers an extended historical period,
starting with the Franco period in Spain and the Ceausescu period
in Romania, discusses the economic integration of these countries
into the EU, and continues through Europe's Great Recession and the
European debt crisis. The broad historical coverage enables a
careful analysis of how neoliberalism rules in times of stability
and crisis and under different political systems.
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