The Anarchical Society and a Global Political Economy

2017 ◽  
Author(s):  
Louis W. Pauly
Keyword(s):  
Political Economy ◽  
Financial Risks ◽  
Empirical Observation ◽  
The Past ◽  
Economic Forces ◽  
Famous Book ◽  
Economic Ideology ◽  
Hedley Bull ◽  
Systemic Crises ◽  
Complex Capacity

If Hedley Bull came back today and revised his most famous book, he would likely devote a chapter to the economic forces that transformed our world during the past four decades. Among other systemic changes, the radical unleashing of finance and the partial return of a pre-1914 economic ideology justifying open and integrating capital markets might surprise an advocate of the virtues of the states system. But by following Bull’s reasoning, his model of empirical observation, and his underlying moral sensibilities—as well as suggestions from his constructive critics—this essay traces the emergence since the late 1970s of a variegated global capacity to assess systemic financial risks, design collaborative policies to prevent systemic crises, and manage them when they nevertheless occur. The challenge of deeply legitimating that nuanced and complex capacity remains, which, as Bull anticipated, means that considerations of justice must soon be addressed.

Mapping Power

2018 ◽  
Keyword(s):  
Political Economy ◽  
Comprehensive Analysis ◽  
Electricity Sector ◽  
Operational Performance ◽  
The Political ◽  
Government Reform ◽  
High Quality ◽  
The Past ◽  
Economic Forces ◽  
Political Economy Analysis

Electricity is critical to enabling India’s economic growth and providing a better future for its citizens. In spite of several decades of reform, the Indian electricity sector is unable to provide high-quality and affordable electricity for all, and grapples with the challenge of poor financial and operational performance. To understand why, Mapping Power provides the most comprehensive analysis of the political economy of electricity in India’s states. With chapters on fifteen states by scholars of state politics and electricity, this volume maps the political and economic forces that constrain and shape decisions in electricity distribute on. Contrary to conventional wisdom, it concludes that attempts to depoliticize the sector are misplaced and could worsen outcomes. Instead, it suggests that a historically grounded political economy analysis helps understand the past and devise reforms to simultaneously improve sectoral outcomes and generate political rewards. These arguments have implications for the challenges facing India’s electricity future, including providing electricity to all, implementing government reform schemes, and successfully managing the rise of renewable energy.

The Political Economy of Local Governance in Yemen

2020 ◽  
Vol 13 (4) ◽  
pp. 45-69
Author(s):  
Benoit Challand ◽  
Joshua Rogers
Keyword(s):  
Political Economy ◽  
Political Culture ◽  
Local Governance ◽  
Local Development ◽  
The Political ◽  
The Past ◽  
Strong State ◽  
Self Help ◽  
Local Initiatives ◽  
Self Rule

This paper provides an historical exploration of local governance in Yemen across the past sixty years. It highlights the presence of a strong tradition of local self-rule, self-help, and participation “from below” as well as the presence of a rival, official, political culture upheld by central elites that celebrates centralization and the strong state. Shifts in the predominance of one or the other tendency have coincided with shifts in the political economy of the Yemeni state(s). When it favored the local, central rulers were compelled to give space to local initiatives and Yemen experienced moments of political participation and local development.

Beyond the austerity-driven hypothesis: Political economic theses on penality and the recent prison population decline

2021 ◽  
pp. 147737082110006
Author(s):  
José A. Brandariz
Keyword(s):  
Prison Population ◽  
Population Decline ◽  
Theoretical Frameworks ◽  
The Past ◽  
Economic Forces ◽  
Global North ◽  
Economic Perspectives ◽  
Political Economic ◽  
The Impact ◽  
Spending Cuts

In what might be called the ‘austerity-driven hypothesis’, a consistent strand of literature has sought to explain the prison downsizing witnessed in many jurisdictions of the global north over the past decade by referring to the financial crisis of the late 2000s to early 2010s and its effects in terms of public spending cuts. Since this economic phase is essentially over, whereas the (moderate) decarceration turn is still ongoing, there are good reasons to challenge this hypothesis. This article delves into the non-economic forces that are fostering a prison population decline that, 10 years on, is becoming the new ‘penal normal’. The article thereby aims to spark a dialogue not only with the scholarship exploring the prison downsizing but also with certain theoretical frameworks that have played a key role in examining the punitive turn era. Additionally, the article contributes to the conversation on the need to reframe materialist readings on penality in a ‘non-reductionist’ fashion. By revisiting heterodox theses and scrutinizing the impact of recent penal changes on traditional materialist accounts, the article joins the collective endeavour seeking to update political economic perspectives on punishment and the penal field.

The Political Economy of Post-Independence India—A Review Article

1989 ◽  
Vol 48 (4) ◽  
pp. 787-797 ◽  
Author(s):  
Akhil Gupta
Keyword(s):  
Political Economy ◽  
Central Government ◽  
Organizational Structures ◽  
The State ◽  
The Political ◽  
Newly Industrialized Countries ◽  
The Past ◽  
Nation States ◽  
Balance Of Forces ◽  
The Third World

Economists and political scientists have become increasingly interested in the political economy of India during the past decade and particularly during the past three or four years. The titles under review will be valuable not only to India specialists but also to comparative scholars because of the intriguing mix of conditions found in India. More like a continent than a country in its diversity, India is in some ways very similar to densely populated, predominantly rural and agricultural China, differing most perhaps in the obstinacy and depth of its poverty. In the predominant role played by the state within an essentially capitalist economy, it is closer to the model of Western social democracies than it is to either prominently ideological capitalist or socialist nation-states; like other countries in the “third world,” the state in India plays a highly interventionist developmental role. Finally, since Independence it has pursued, more successfully than most nation-states in Latin America and Asia, policies of importsubstituting industrialization and relative autarchy. In terms of its political structures, India differs from most newly industrialized countries (NICs) in that it generally continues to function as a parliamentary democracy. The federal political system creates an intriguing balance of forces between central and the regional state governments, which are often ruled by opposition parties with agendas, ideologies, and organizational structures quite different from those of the central government.

Rise and Fall

2000 ◽  
Vol 24 (4) ◽  
pp. 727-754 ◽  
Author(s):  
Christopher Chase-Dunn ◽  
E. Susan Manning ◽  
Thomas D. Hall
Keyword(s):  
Political Economy ◽  
Systems Approach ◽  
World Systems ◽  
Central Concept ◽  
Global System ◽  
Systems Perspective ◽  
Early States ◽  
The Past ◽  
The World ◽  
Regional System

The world-systems perspective was invented for modeling and interpreting the expansion and deepening of the capitalist regional system as it emerged in Europe and incorporated the whole globe over the past 500 years (Wallerstein 1974; Chase-Dunn 1998; Arrighi 1994). The idea of a core/periphery hierarchy composed of “advanced” economically developed and powerful states dominating and exploiting “less developed” peripheral regions has been a central concept in the world-systems perspective. In the last decade the world-systems approach has been extended to the analysis of earlier and smaller intersocietal systems. Andre Gunder Frank and Barry Gills (1994) have argued that the contemporary global political economy is simply a continuation of a 5,000-year-old world system that emerged with the first states in Mesopotamia. Christopher Chase-Dunn and Thomas Hall (1997) have modified the basic world-systems concepts to make them useful for a comparative study of very different kinds of systems. They include very small intergroup networks composed of sedentary foragers, as well as larger systems containing chiefdoms, early states, agrarian empires, and the contemporary global system in their scope of comparison.

Cameralism as Sonderweg of German Mercantilism?

2021 ◽  
pp. 389-405
Author(s):  
Lars Magnusson
Keyword(s):  
Nineteenth Century ◽  
Political Economy ◽  
Theory And Practice ◽  
The Past ◽  
History Of

In recent years there has been a renewed interest in Cameralism, both as a discourse and as an administrative political economy, in both theory and practice. Attention has been drawn to how Cameralism—defined as thought and practice—should be understood. The aim of this article is to take a step back and focus on the historiography of Cameralism from the nineteenth century onwards. Even though many in recent times have challenged old and seemingly dated conceptualizations and interpretations, they are still very much alive. Most profoundly this has implied that Cameralism most often in the past has been acknowledged as an expression of—German. as it were—exceptionalism to the general history of economic doctrine and thinking.

Rock carving on Ayodhya Hill: an avenue for geoheritage, geoconservation and environmental sensitization

Ensemble ◽  
2021 ◽  
Vol 2 (2) ◽  
pp. 123-131
Author(s):  
Sanjukta Banik ◽  
◽  
Malay Mukhopadhyay ◽  
Keyword(s):  
Narrative Analysis ◽  
Cultural Landscape ◽  
Empirical Observation ◽  
Commercial Use ◽  
The Past ◽  
Nature And Culture ◽  
Future Potential ◽  
Purulia District ◽  
The Hill

The present paper aims to throw light on the environmental sensitivity illustrated through art on a hill signifying interface of nature and culture .Ayodhya Hill in Purulia district, displays an aspect of aesthetic attachment of humans with nature in the form of in-situ rock cut sculpture ‘Pakhi Pahar’which has transformed the bare hill into a piece of art. For the past three decades the hill has been sculpted by a group of local artists, creating around 65 birds.Even the boulders lying on the foot of the hill are sculpted, to save these fragile components of nature from stone quarrying and crushing machines which are demolishing and fragmenting the rocks and hills of the chotanagpur terrain to gather stone chips for commercial use. It may also be argued by a few ,that the natural environment of Matha range of Ayodhya Hill is infringed upon for the sake of art. The present researcher seeks to explain through empirical observation, narrative analysis and perception study of local people whether Pakhi Pahar is an “Aesthetic Regard” or “Aesthetic Affront” for nature . This paper also tries to bring in to focus the future potential of this cultural landscape in developing as a tourism site and giving employment to the local youth.

scholarly journals Gauging reflexive historical thinking: An exploratory study of Columbian undergraduates

2021 ◽  
Vol 8 (1) ◽  
pp. 139-155
Author(s):  
Joshua Large ◽  
◽  
Juan Pablo Román Calderón
Keyword(s):  
Exploratory Study ◽  
Business Students ◽  
Private University ◽  
Historical Thinking ◽  
Personal Agency ◽  
Thinking Skill ◽  
Economic Forces ◽  
Economic Ideology ◽  
Historical Agency ◽  
Undergraduate Business Students

This study gauges the development of an historical thinking skill we term reflexive historical thinking and its relationship to economic ideology among a group of undergraduate business students in an introductory history course at a Colombian private university. A survey was conducted twice during a semester in which students answered questions regarding historical agency, personal agency, and economic ideology. We measured the relationships and changes in responses regarding these factors. We hypothesized that students with greater awareness of broad social and economic forces as determinants of historical events would also be aware of an array of social and economic forces informing their personal outlooks. Moreover, we expected such awareness – both historical and personal – to increase during the course. Finally, we wondered how economic ideology influences such awareness. We found little support for the expectation that reflexive historical thinking developed over time, but interesting correlations between historical thinking and economic ideology.

Wage-Setting Measures: A Survey and Assessment

2001 ◽  
Vol 54 (1) ◽  
pp. 57-98 ◽  
Author(s):  
Lane Kenworthy
Keyword(s):  
Political Economy ◽  
Comparative Political Economy ◽  
Wage Setting ◽  
The Past ◽  
Measurement Strategy ◽  
Time Periods ◽  
Wage Coordination

Wage setting has been one of the most heavily studied institutions in the field of comparative political economy over the past two decades, and quantitative measures of wage-setting arrangements have played a major role in this research. Yet the proliferation of such measures in recent years presents researchers with a sizable array from which to choose. In addition, some scholars are rather skeptical about the validity and/or reliability of these measures. This article offers a survey and assessment of fifteen wage-setting measures. It attempts to answer questions about (1) how these indicators differ from one another in conceptualization and measurement strategy; (2) which are the most valid and reliable; (3) the strengths and weaknesses of measures of wage centralization versus those of wage coordination; (4) particular countries or time periods for which there are noteworthy discrepancies in scoring; (5) how sensitive empirical findings are to the choice of wage-setting measure.

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