In: Political geography: an interdisciplinary journal for all students of political studies with an interest in the geographical and spatial aspects, Band 16, Heft 7, S. 605-615
European integration is a fundamentally open-ended and contested process. Within the 'mosaic of European integration theories', critical political economy perspectives highlight the imbalances and structural power asymmetries of the European project, and how they have become manifest in the multiple crises in Europe. How to account for both the origins and consequences of this crisis has become a key question for scholars and students of European integration. We argue that critical political economy (CPE) has an important and unique contribution to make here. Unlike other approaches, CPE seeks to uncover the deep connections between the (internal) dynamics of the European integration process and the dynamics of global capitalism, arguing that European integration, or disintegration for that matter, takes place in a global, structural context that shapes and conditions both form and content of the integration process. In this paper, we provide an overview of the key concepts, methodology and arguments of a critical political economy perspective on European integration. Following a discussion of the core conceptual framework, the paper then proceeds with an integrated analysis of EMU as a political project, with a particular focus on continuity and changes within the political economy of neoliberalism. The Euro crisis here serves as a contemporary reference point to illustrate the strengths and contributions of critical political economy perspectives to the overall mosaic of European integration theories.
This dissertation examines three topics in political economy. Chapter 1 studies electoral cycles in public sector employment around US gubernatorial elections. Chapter 2 investigates the well-known fact that the US economy grew faster during Democratic presidencies and to what extent this phenomenon generalizes with respect to state-level elected offices. Chapter 3 studies how the use of best-worst voting rules influences the strategic position-taking behavior of political candidates in a spatial election model.
"This book aims to provides an introductory survey of Montesquieu's economic ideas and a fresh examination of the longstanding controversy over the meaning and purpose of Montesquieu's The Spirit of the Laws. No one doubts that Montesquieu helped to formulate the core liberal ideals at the heart of the development of liberal republicanism on both the European and American continents. Yet, questions remain about Montesquieu's political intentions. In particular, the view of Montesquieu as a conscious proponent of commercial modernity has come under increasing scrutiny. While not ignoring recent scholarly challenges, Bibby moves the debate forward by uncovering the many hidden connections between commerce, liberty, and religion in The Spirit of the Laws. A failure to make these connections, Bibby argues, has led to significant interpretative errors. This book attempts to eliminate one source of the confusion which continues to cloud Montesquieu's political arguments in obscurity. "--
Machine generated contents note: 1. Analytical Political Economy (Roberto Veneziani and Luca Zamparelli) 2. Taking Stock: A Rigorous Modelling Of Animal Spirits In Macroeconomics (Reiner Franke and Frank Westerhoff) 3. The Agent-Based Approach To Post Keynesian Macro-Modeling (Corrado Di Guilmi) 4. Stock-Flow Consistent Macroeconomic Models: A Survey (Michalis Nikiforos and Gennaro Zezza) 5. Heterodox Theories Of Economic Growth And Income Distribution: A Partial Survey (Amitava Krishna Dutt) 6. Endogenous Technical Change In Alternative Theories Of Growth And Distribution (Daniele Tavani and Luca Zamparelli) 7. Minsky Models: A Structured Survey (Maria Nikolaidi and Engelbert Stockhammer) 8. Financialization And Investment: A Survey Of The Empirical Literature (Leila E. Davis) 9. Quantitative Empirical Research In Marxist Political Economy: A Selective Review (Deepankar Basu) 10. Value, Price, And Exploitation: The Logic Of The Transformation Problem (Simon Mohun and Roberto Veneziani) 11. A Progress Report On Marxian Economic Theory: On The Controversies In Exploitation Theory Since Okishio (1963) (Naoki Yoshihara) 12. South-South And North-South Economic Exchanges: Does It Matter Who Is Exchanging What And With Whom? (Omar S. Dahi and Firat Demir) Index
Cover -- Title Page -- Copyright Page -- CONTENTS -- PREFACE -- INTRODUCTORY NOTE -- PART I: BASIC ISSUES AND TOOLS OF ANALYSIS -- CHAPTER ONE What is a Political Economy? -- 1.1. Introduction -- 1.2. Politics and Economics -- 1.3. Types of Heterogeneity -- 1.4. An Illustration of Approaches -- 1.5. Plan of the Book -- CHAPTER TWO Economic Models for Political Analysis -- 2.1. Introduction -- 2.2. The Principal-Agent Problem -- 2.3. Discrete Time Dynamic Models-Dynamic Programming -- 2.4. The Overlapping Generations Model -- 2.5. Effects of Uncertain Future Policies -- 2.6. Conclusions -- CHAPTER THREE Decisionmaking Mechanisms -- 3.1. Introduction -- 3.2. How Much Political Detail? -- 3.3. Choosing Decisionmaking Mechanisms -- 3.4. Direct Democracy -- 3.5. Representative Democracy -- 3.6. Multiparty Systems -- 3.7. Interest Groups and Lobbying -- 3.8. Transaction Cost Politics -- 3.9. Conclusions -- PART II: COMMITMENT, CREDIBILITY, AND REPUTATION -- CHAPTER FOUR The Time-Consistency Problem -- 4.1. Introduction -- 4.2. Capital Taxation -- 4.3. Time Inconsistency as a Conflict of Interests -- 4.4. The Barro-Gordon Model -- 4.5. Seigniorage Revenue and the Optimum Quantity of Money -- 4.6. Commitment versus Flexibility -- 4.7. Conclusions -- CHAPTER FIVE Laws, Institutions, and Delegated Authority -- 5.1. Introduction -- 5.2. Laws, Constitutions, and Social Contracts -- 5.3. Delegation of Authority -- 5.4. Central Bank Independence -- 5.5. Fiscal Structures for Time Consistency -- 5.6. Conclusions -- CHAPTER SIX Credibility and Reputation -- 6.1. Introduction -- 6.2. Reputation -- 6.3. ''Reputation'' under Complete Information -- 6.4. Reputation under Incomplete Information-Mimicking -- 6.5. Does Reputation ''Solve'' the Time-Consistency Problem?-Three Caveats -- 6.6. Signaling -- 6.7. Reputation for Not Reneging on Commitments
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"In its relatively short life as a distinct academic discipline, international political economy (IPE) has become the quintessential interdisciplinary field. A contributed book, International Political Economy brings together a wide range of Canada's finest IPE scholars, offering a comprehensive, balanced introduction to the field of IPE, looking at theories, history, institutions, and topical analysis. With coverage of traditional and contemporary theories throughout, the book expertly integrates political science theory and analysis with economic fundamentals, using both to explore regional and issues analysis."--