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Books > History > History of specific subjects > Economic history
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Single Markets - Economic Integration in Europe and the United States (Hardcover)
Loot Price: R3,374
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Single Markets - Economic Integration in Europe and the United States (Hardcover)
Expected to ship within 10 - 15 working days
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This timely book provides in-depth analytical comparison of the
nineteenth century evolution of the American single market with
corresponding political, economic, and social developments in
post-WWII European efforts to create a single European market.
Building the regulatory framework needed for successful adoption of
an integrated single market across diverse political units
represents one of the most important issues in comparative
political economy. What accounts for the political success or
failure in creating integrated markets in their respective
territories? When social discontent threatens market integration
with populist backlash, what must be done to create political
support and greater legitimacy? Single Markets focuses on the
creation of integrated economies, in which the United States and
European Union experienced sharply contested ideas about the
operation of their respective markets, conflict over the allocation
of institutional authority, and pressure from competing political,
economic, and social forces over the role and consequences of
increased competition. Drawing upon four case studies, the book
highlights the contestation surrounding the US and EUs efforts to
create common currencies, expand their borders and territories, and
deal with the pressures of populist parties, regional interests and
varied fiscal and economic challenges. Theoretically, the book
draws on work in European integration and American Political
Development (APD) to illustrate that the consolidation of markets
in the US and EU took place in conjunction with the expansion of
state regulatory power and pressure for democratic reform. Single
Markets situates the consolidation of single markets in the US and
EU in a broader comparative context that draws on research in
economics, public administration, political science, law, and
history.
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