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Partisan Politics in the Global Economy

$72.00 (P)

Part of Cambridge Studies in Comparative Politics

  • Date Published: March 1998
  • availability: Available
  • format: Hardback
  • isbn: 9780521441544

$ 72.00 (P)
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About the Authors
  • This book discusses the future of the nation-state in a world of global markets. Unlike most studies asserting that global markets dominate national politics, this book argues that countries still possess considerable autonomy over policy choices. Furthermore, citizens' demands for government protection from market forces (economic insecurity) are rising, while countries with strong trade union movements that can restrain the wage demands of workers (corporatism) are attractive to investors. As a result, there is still a viable leftist alternative to the free market in the global economy.

    • Combination of rigorous social science methods with much more accessible introductory and concluding chapters
    • Sophisticated understanding of both democratic political processes and open economy macroeconomics
    • Estimates of the interactive effects on the economy of globalization and domestic politics
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    Reviews & endorsements

    "This bold and exciting book challenges conventional wisdom concerning the impact of globalization and argues that the prospects of social democracy are much better than most of us have supposed. Garrett's analysis bridges the analytical concerns of comparative and international political economy, and exemplifies state-of-the-art methodology in these academic fields. A tour de force on several counts, Partisan Politics in the Global Economy is a book that we will be talking about for many years to come." Jonas Pontusson, Cornell University

    "Partisan Politics in the Global Economy brings theory and data to bear on the common assertion that today's levels of international economic integration have made national politics and policies irrelevant or impossible. In it, Geoffrey Garrett argues forcefully that domestic partisan politics, labor market institutions, and other forms of social organization continue to have an important impact on economic policy and performance in the advanced industrial countries. The book cogently addresses the crucial question of how the international economy affects domestic politics, and provides a powerful statement of a convincing perspective on this issue." Jeff Frieden, Harvard University

    "In this richly empirical study, Geoffrey Garrett explodes popular shibboleths about the irrelevance of state policy in an era of globalization. Although Partisan Politics in the Global Economy contains as many questions as answers, it suggests that the death of European social democracy has been greatly exaggerated, and that at least through the 1980s democratic publics retained significant scope for macroeconomic choice. Any student of the world economy needs to come to terms with the arguments in this book." Robert O. Keohane, Duke University

    "...the clarity of the book's organization and the breadth of its analysis are likely to make this volume a focal point for research in the politics of open economy macroeconomic policy for years to come." William Roberts Clark, Political Science Quarterly

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    Product details

    • Date Published: March 1998
    • format: Hardback
    • isbn: 9780521441544
    • length: 204 pages
    • dimensions: 235 x 159 x 20 mm
    • weight: 0.46kg
    • contains: 25 b/w illus. 34 tables
    • availability: Available
  • Table of Contents

    List of tables and figures
    Preface
    1. Introduction
    2. Politics, policy and performance
    3. Market integration and domestic politics
    4. Economic policy
    5. Economic performance
    6. The 1990s and beyond
    Notes
    References
    Index.

  • Author

    Geoffrey Garrett, Yale University, Connecticut

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