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Critics of globalization often portray neoliberalism as an extremist laissez-faire political-economic philosophy that rejects government any sort of government intervention in the domestic economy. Like most over-used terms, it is more complicated than this introductory sentence suggests. This volume seeks to move beyond these caricature depictions and definitions as well as the emotional rhetoric that has unfortunately dominated both the scholastic and political debate on neoliberalism and global market-oriented reform. This book emphasizes that there are in fact a variety of neoliberalisms that share a common emphasis on the role of the market. Beyond this however, its usages and applications appear much more varied according to the cultural, economic, political, and social context in which it is used. A host of eminent contributors, including Douglass C. North, Arthur T. Denzau, Thomas D. Willett, Mark Blyth, Colin Hay, Craig Parsons, and others provide a rigorous assessment of the significance of neoliberal ideas on economic policy. Through their detailed international case studies the contributors to this book show how varied its impact has in fact been and the result is a book that will stimulate further debate in this most controversial of subject matters. Ravi K. Roy is a Research Scholar at the Claremont Institute for Economic Policy Studies. Arthur T. Denzau is Professor of Economics at Claremont Graduate University. He is also a Research Associate at the Center for American Business at Washington University (St. Louis).Thomas D. Willett is Horton Professor of Economics at Claremont Graduate University. He is also Director of the Claremont Institute for Economic Policy Studies
Critics of globalization often portray neoliberalism as an extremist laissez-faire political-economic philosophy that rejects any sort of government intervention in the domestic economy. Like most over-used terms, it is more complicated than this introductory sentence suggests. This volume, prefaced by Eric Helliener, seeks to move beyond these caricature depictions and definitions as well as the emotional rhetoric that has unfortunately dominated both the scholastic and political debate on neoliberalism and global market-oriented reform. This book emphasizes that there are in fact a variety of neoliberalisms that share a common emphasis on market-oriented approaches. Beyond this however, its usages and applications appear much more varied according to the cultural, economic, political, and social context in which it is used. A host of eminent contributors, including Douglass C. North, Arthur T. Denzau, Thomas D. Willett, Mark Blyth, Colin Hay, Craig Parsons, and others provide a rigorous assessment of the significance of neoliberal ideas on economic policy. Through their detailed international case studies, the contributors to this book show how varied its impact has in fact been and the result is a book that will stimulate further debate in this most controversial of subject matters. Accreditation Ravi K. Roy is a Research Scholar at the Claremont Institute for Economic Policy Studies. Arthur T. Denzau is Professor of Economics at Claremont Graduate University. He is also a Research Associate at the Center for American Business at Washington University (St. Louis). Thomas D. Willett is Horton Professor of Economics at Claremont Graduate University. He is also Director of the ClaremontInstitute for Economic Policy Studies.
The elections of Bill Clinton and Tony Blair in the 1990s saw the consolidation and completion of critical aspects of the Reagan-Thatcher fiscal agenda. This impressive book critically analyzes this process. It has been previously thought that this process of adopting common fiscal policies was caused by economic integration and globalization, Fiscal Policy From Reagan to Blair reveals a much more comprehensive explanation - one that includes domestic factors. Whether fiscal policy conversion is seen as a good or a bad thing, this book shall unite both left and right in better explaining the process. Students and academics of international political economy, public policy and politics will find this book to be a good addition to their reading lists.
How can we lay the foundation for a more just and peaceful world? How can we prevent communications from fracturing and societies from tearing themselves apart? How should we prioritise economic, social and cultural demands for resources and opportunities? This book answers these questions, and presents a view of development 'in practice'. Written by experts in the field, the book covers a range of contemporary developments, as well as providing coverage of the theory and practice of international development. The book: * Covers a range of contemporary topics such as global security, new technologies, ethics and learning and participation * Has chapters on Global Health and Development in Practice, Environmentally Sustainable Development in Practice and Corruption and Development * Features learning objectives, summaries, reading lists and questions for discussion * Works as a practice-driven text packed with case studies Global in perspective and full of everything you need to know, this is your go-to book for your studies in International Development.
Very Short Introductions: Brilliant, Sharp, Inspiring Anchored in the principles of free-market economics, neoliberalism emerged in the 1990s as the world's most dominant economic paradigm. It has been associated with various political leaders from Ronald Reagan, Margaret Thatcher, and Bill Clinton, to Tony Blair, Barack Obama, and Manmohan Singh. Neoliberalism even penetrated deeply into communist China's powerful economic system. However, the 2008 Global Financial Crisis and the related European Sovereign Debt Crisis triggered a decade of economic volatility and insecurity that boosted the fortunes of the 1 per cent while saddling the 99 per cent with stagnant wages and precarious work. As a result of this Great Recession, neoliberalism fortunes have waned considerably. This downward trend further accelerated with the recent surge of national populism around the world that brought to power outspoken critics of neoliberalism like Donald Trump, Boris Johnson, Jair Bolsonaro, and Narendra Modi. Is neoliberalism doomed or will it regain its former glory? And what are the major types of neoliberalism, and how did they evolve over the decades? Responding to these crucial questions, this Very Short introduction explores the considerable variations of neoliberalism around the world, and discusses the origins, evolution, and core ideas of neoliberalism. This new edition brings the story of neoliberalism up to date, and asks whether new versions of neoliberalism might succeed in drowning out the rising tide of national populism and its nostalgic longing for a return to territorial sovereignty and national greatness. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.
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