Money, Markets, and the State: Social Democratic Economic Policies since 1918. By Ton Notermans. Cambridge: Cambridge University Press, 2000. Pp. xix, 302. $59.95.

2001 ◽  
Vol 61 (2) ◽  
pp. 586-588
Author(s):  
Kenneth Mour??
2001 ◽  
Vol 95 (1) ◽  
pp. 244-245
Author(s):  
Carles Boix

Notermans has written a bold and ambitious book in which he purports to explain the conditions under which social democratic policies, and therefore the social democratic project, have been successful in modern democracies. The book, which relies heavily but not exclusively on historical data, examines the ebb and flow of social democratic domi- nance in five countries-Germany, the Netherlands, Norway, Sweden, and Britain-since roughly the introduction of (male) universal suffrage after World War I.


2020 ◽  
Vol 2 (11) ◽  
pp. 71-73
Author(s):  
M. U. USUPOV ◽  

The article is devoted to the state of the economy of the subject of the agricultural sector – the Toktogul region of Kyrgyzstan, as well as the formation of a land division, which is impossible without an influx of investments and ensuring the availability of monetary resources for agricultural producers. In our time, innovation is becoming the main means of increasing the benefits of economic entities by better meeting market demand and reducing production losses compared to competitors. Despite repeated attempts by the country to create a system of lending to agricultural companies, only a small percentage of them use credit resources. Various state aid schemes support a competitive environment in the money markets and guarantee relatively equal access to them for financial institutions and agricultural enterprises.


Author(s):  
Aled Davies

The aim of this book has been to evaluate the relationship between Britain’s financial sector, based in the City of London, and the social democratic economic strategy of post-war Britain. The central argument presented in the book was that changes to the City during the 1960s and 1970s undermined a number of the key post-war social democratic techniques designed to sustain and develop a modern industrial economy. Financial institutionalization weakened the state’s ability to influence investment, and the labour movement was unable successfully to integrate the institutionalized funds within a renewed social democratic economic agenda. The post-war settlement in banking came under strain in the 1960s as new banking and credit institutions developed that the state struggled to manage. This was exacerbated by the decision to introduce competition among the clearing banks in 1971, which further weakened the state’s capacity to control the provision and allocation of credit to the real economy. The resurrection of an unregulated global capital market, centred on London, overwhelmed the capacity of the state to pursue domestic-focused macroeconomic policies—a problem worsened by the concurrent collapse of the Bretton Woods international monetary system. Against this background, the fundamental social democratic assumption that national prosperity could be achieved only through industry-led growth and modernization was undermined by an effective campaign to reconceptualize Britain as a fundamentally financial and commercial nation with the City of London at its heart....


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