scholarly journals Comparative Capitalisms, Ideational Political Economy and French Post-DirigisteResponses to the Global Financial Crisis

2012 ◽  
Vol 17 (5) ◽  
pp. 565-590 ◽  
Author(s):  
Ben Clift
Keyword(s):  
Political Economy ◽  
Financial Crisis ◽  
Global Financial Crisis ◽  
Comparative Capitalisms ◽  
The Global Financial Crisis

A Discussion of Aida H. Hozic and Jacqui True’s Scandalous Economics: Gender and the Politics of Financial Crises

2017 ◽  
Vol 15 (2) ◽  
pp. 503-504
Author(s):  
Dara Z. Strolovitch
Keyword(s):  
Political Economy ◽  
Financial Crisis ◽  
Financial Institutions ◽  
Financial Crises ◽  
Global Financial Crisis ◽  
Economic Order ◽  
Macroeconomic Models ◽  
Gender And Race ◽  
Back Cover ◽  
The Global Financial Crisis

“Critical analyses of the global financial crisis of 2008 (GFC) have neglected the ways in which structural inequalities around gender and race factor into (and indeed make possible) the current economic order. Scandalous Economics breaks new ground by arguing that an explicitly gendered approach to the GFC and its ongoing effects can help us to understand both the root causes of the crisis and the failure to significantly reform financial institutions and macroeconomic models.” These words, from the blurb on the back cover of Scandalous Economics, nicely summarize the book’s topic and the general approach to it. Because the book contains contributions from a number of the top political scientists writing about the gendering of political economy, and because this topic is such an important one, we have invited a range of political scientists to comment on the book and on the broader theme of the gendering of political economy.

A Discussion of Aida H. Hozic and Jacqui True’s Scandalous Economics: Gender and the Politics of Financial Crises

2017 ◽  
Vol 15 (2) ◽  
pp. 511-512
Author(s):  
Daniel W. Drezner
Keyword(s):  
Political Economy ◽  
Financial Crisis ◽  
Financial Institutions ◽  
Financial Crises ◽  
Global Financial Crisis ◽  
Economic Order ◽  
Macroeconomic Models ◽  
Gender And Race ◽  
Back Cover ◽  
The Global Financial Crisis

“Critical analyses of the global financial crisis of 2008 (GFC) have neglected the ways in which structural inequalities around gender and race factor into (and indeed make possible) the current economic order. Scandalous Economics breaks new ground by arguing that an explicitly gendered approach to the GFC and its ongoing effects can help us to understand both the root causes of the crisis and the failure to significantly reform financial institutions and macroeconomic models.” These words, from the blurb on the back cover of Scandalous Economics, nicely summarize the book’s topic and the general approach to it. Because the book contains contributions from a number of the top political scientists writing about the gendering of political economy, and because this topic is such an important one, we have invited a range of political scientists to comment on the book and on the broader theme of the gendering of political economy.

Editorial Introduction to the Symposium on the Global Financial Crisis

2009 ◽  
Vol 17 (2) ◽  
pp. 103-108 ◽  
Author(s):  
Sam Ashman
Keyword(s):  
United States ◽  
Political Economy ◽  
Financial Crisis ◽  
Economic Crisis ◽  
Global Financial Crisis ◽  
Banking System ◽  
Financial System ◽  
The United States ◽  
Editorial Introduction ◽  
The Global Financial Crisis

AbstractThe current global economic crisis is historically unprecedented in that it began when poor groups in the United States defaulted on their mortgage-payments and spread fear of 'toxic debt' through an internationalised financial system, bringing the banking system close to collapse and highlighting the very individualised nature of contemporary financial relations. The symposium explores contemporary finance and banking practices in the context of Marxist political economy seeking to develop the notion of financialisation and arguing that banks' increasing reliance on individual households as a source of profits amounts to a form of financial expropriation or additional profit generated in the sphere of circulation.

Monism vs. pluralism, the global financial crisis, and the methodological struggle in the field of International Political Economy

2018 ◽  
Vol 23 (3) ◽  
pp. 287-311 ◽  
Author(s):  
Joscha Wullweber
Keyword(s):  
Political Economy ◽  
Financial Crisis ◽  
Global Financial Crisis ◽  
International Political Economy ◽  
Research Strategy ◽  
Multiple Perspectives ◽  
Research Strategies ◽  
The Core ◽  
Theoretical Approaches ◽  
The Global Financial Crisis

In recent years, a comprehensive debate has been taking place over the ontological, epistemological and methodological roots underlying the discipline of International Political Economy. A fundamental and sometimes fierce discussion arose over the questions of which research strategies should prevail, which methods should be applied and what kind of knowledge counts as scientific. The debate has tended to reduce the different positions and International Political Economy approaches to American International Political Economy on the one side and British International Political Economy on the other. Framing the perspectives in this way, however, is misleading. This article argues that the issue at the core of the methodological debate is not the American versus the British school, but rather theoretical monism versus theoretical pluralism. Hence, the core of the debate addresses the question whether scientific work in International Political Economy should ultimately subscribe to one methodology or one fundamental principle or whether the field should make use of a wide variety of theories and methods so as to enable scholars to adapt their research strategy depending on the case under study. A short analysis of existing approaches to the global financial crisis shows the importance of the existence of multiple perspectives, concepts and theoretical approaches. The paper concludes that the 2008 financial crisis in particular has shown how dangerous it is to reduce intellectual endeavour to a narrow mindset. Only pluralism conveys the ability to respond in an adequate manner to the old and new challenges of our times.

scholarly journals Capitalism and Socialism: A Review of Kornai's Dynamism, Rivalry, and the Surplus Economy

2017 ◽  
Vol 55 (1) ◽  
pp. 191-208 ◽  
Author(s):  
Chenggang Xu
Keyword(s):  
Political Economy ◽  
Financial Crisis ◽  
Global Financial Crisis ◽  
Mirror Image ◽  
Eastern Bloc ◽  
The Political ◽  
Central Theme ◽  
Dynamic Nature ◽  
New Frontier ◽  
The Global Financial Crisis

Understanding the nature of capitalism has been a central theme of economics. The collapse of the Eastern Bloc and the global financial crisis spurred the reemergence of the political economy as a new frontier and the revival of interest in the nature of capitalism. János Kornai's book Dynamism, Rivalry, and the Surplus Economy: Two Essays on the Nature of Capitalism fills an important intellectual gap in understanding the dynamic nature of capitalism by comparing it with its mirror image, socialism. To further develop the themes contained in the book, serious challenges are posed theoretically and empirically, as well as in subjects, such as hybrid capitalism. (JEL L32, P12, P14, P16, P26, P31)

A Discussion of Aida H. Hozic and Jacqui True’s Scandalous Economics: Gender and the Politics of Financial Crises

2017 ◽  
Vol 15 (2) ◽  
pp. 505-507
Author(s):  
Oana Băluţă
Keyword(s):  
Political Economy ◽  
Financial Crisis ◽  
Financial Institutions ◽  
Financial Crises ◽  
Global Financial Crisis ◽  
Economic Order ◽  
Macroeconomic Models ◽  
Gender And Race ◽  
Back Cover ◽  
The Global Financial Crisis

“Critical analyses of the global financial crisis of 2008 (GFC) have neglected the ways in which structural inequalities around gender and race factor into (and indeed make possible) the current economic order. Scandalous Economics breaks new ground by arguing that an explicitly gendered approach to the GFC and its ongoing effects can help us to understand both the root causes of the crisis and the failure to significantly reform financial institutions and macroeconomic models.” These words, from the blurb on the back cover of Scandalous Economics, nicely summarize the book’s topic and the general approach to it. Because the book contains contributions from a number of the top political scientists writing about the gendering of political economy, and because this topic is such an important one, we have invited a range of political scientists to comment on the book and on the broader theme of the gendering of political economy.

10. The Logics of Economic Globalization

2020 ◽  
pp. 249-281
Author(s):  
Anthony McGrew
Keyword(s):  
Political Economy ◽  
Financial Crisis ◽  
Global Financial Crisis ◽  
Economic Globalization ◽  
Current Crisis ◽  
Systematic Account ◽  
Causal Factors ◽  
Historical Process ◽  
The World ◽  
The Global Financial Crisis

This chapter provides a systematic account of the causes of economic globalization. Within the global political economy (GPE) literature, economic globalization tends to be more precisely specified as ‘the emergence and operation of a single, worldwide economy’. This assists its measurement by reference to the intensity, extensity, and velocity of worldwide economic flows and interconnectedness, from trade, through production and finance, migration to information and data. Understood as a historical process, the concept of economic globalization also infers an evolving transformation or evolution in the organization and operation of the world economy. The chapter then reviews the principal theories of economic globalization, drawing upon the GPE literature. It develops a multi-theoretic account of economic globalization which captures its structural, conjunctural, and contingent causal factors. The chapter also demonstrates how this multi-theoretic framework is relevant to understanding the current crisis of economic globalization. It considers whether, in the aftermath of the Global Financial Crisis, this crisis is the precursor to a period of accelerating deglobalization.

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