The Myth of the Powerless State

Name: The Myth of the Powerless State
Brand: John Wiley & Sons (UK)
SKU: 9780745615820
Price: 39.95 AUD
Availability: InStock

Linda Weiss · ISBN 9780745615820

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Publisher	John Wiley & Sons (UK)
Author(s)	Linda Weiss
Subtitle	Governing the Economy in a Global Era
Edition	1
Published	7th April 1998
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Governing the Economy in a Global Era

It is widely claimed that as the integration of the world economy
advances, national governments are becoming less relevant, losing
their powers not only to influence macroeconomic outcomes and to
implement social programmes, but to determine strategies for
managing the industrial economy. In the face of such claims of
state powerlessness, this book proposes that what lies behind some
of the most successful economics today is a series of
state-informed and state-embedded institutions for governing the
economy.

The book's central proposition is that the impact of external
economic pressures is to a large degree domestically determined,
varying in important measure according to the robustness or
weakness of national institutions. This thesis is advanced through
an analysis of the sources and varieties of state capacity for
governing industrial transformation. Focusing on the unravelling of
Sweden's distributive model of adjustment, on the evolution of
developmental states in East Asia, as well as on the parallel
strengths of the German and Japanese systems of industrial
co-ordination, it is shown how different types of state capacity -
"developmental", "distributive" and "dual" - impact on industrial
vitality and domestic adjustment to the international economy. The
comparative perspective developed in this study indicates that, as
world economic integration proceeds, state capabilities will matter
more rather than less in fostering social well-being and wealth
creation.

This book will be essential reading for 2nd- and 3rd-year
undergraduates in comparative politics, political economy and
political sociology as well as to all those who have an interest in
the nature and prospects of the state in the face of changes to the
world economy.

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