Analyzing the evolution of economic policy in postwar Britain, this book develops a striking new argument about the sources of Britain's economic problems. Through an insightful, comparative examination of policy-making in Britain and France, Hall presents a new approach to state-society relations that emphasizes the crucial role of institutional structures.

Interventionism—the manipulation of the internal politics of one country by another—has long been a feature of international relations. The practice shows no signs of abating, despite the recent collapse of Communism and the decline of the Cold War. In The Political Economy of Third World Intervention, David Gibbs explores the factors that motivate intervention, especially the influence of business interests. He challenges conventional views of international relations, eschewing both the popular "realist" view that the state is influenced by diverse national interests and the "dependency" approach that stresses conflicts between industrialized countries and the Third World. Instead, Gibbs proposes a new theoretical model of "business conflict" which stresses divisions between different business interests and shows how such divisions can influence foreign policy and interventionism. Moreover, he focuses on the conflicts among the core countries, highlighting friction among private interests within these countries. Drawing on U.S. government documents—including a wealth of newly declassified materials—he applies his new model to a detailed case study of the Congo Crisis of the 1960s. Gibbs demonstrates that the Crisis is more accurately characterized by competition among Western interests for access to the Congo's mineral wealth, than by Cold War competition, as has been previously argued. Offering a fresh perspective for understanding the roots of any international conflict, this remarkably accessible volume will be of special interest to students of international political economy, comparative politics, and business-government relations. "This book is an extremely important contribution to the study of international relations theory; Gibbs' treatment of the Congo case is superb. He effectively takes the "statists" to task and presents a compelling new way of analyzing external interventions in the Third World."—Michael G. Schatzberg, University of Wisconsin "David Gibbs makes an original and important contribution to our understanding of the influence of business interests in the making of U.S. foreign policy. His business conflict model provides a synthetic theoretical framework for the analysis of business-government relations, one which yields fresh insights, overcomes inconsistencies in other approaches, and opens new ground for important research. . . . [Gibbs] provides a sophisticated analysis of the conflicts within the U.S. business community and identifies the complex ways in which they interacted with agencies within the government to form U.S. foreign policy toward the Congo. . . . This is a well-crafted analysis of a critical case of U.S. postwar intervention which should be of general interest to scholars and others concerned with the domestic bases of foreign policy."—Thomas J. Biersteker, Director, School of International Relations, University of Southern California

This volume examines and evaluates the impact of international statebuilding interventions on the political economy of conflict-affected countries over the past 20 years. It focuses on countries that are emerging, or have recently emerged, from periods of war and protracted conflict. The interventions covered fall into three broad categories: international administrations and transformative occupations (East Timor, Iraq, and Kosovo); complex peace operations (Afghanistan, Burundi, Haiti, and Sudan); governance and statebuilding programmes conducted in the context of economic assistance (Georgia and Macedonia). This book will be of interest to students of statebuilding, humanitarian intervention, post-conflict reconstruction, political economy, international organisations and IR/Security Studies in general.

'Modern State Intervention in the Era of Globalisation is a thoughtful and well-researched assessment of the evolving role of the state in the contemporary world economy. This work is provocative because it goes against the predominant arguments in favor of a minimal state, as commonly asserted by neoclassical economics. Instead, Karagiannis and Madjd-Sadjadi think "outside of the box" and produce both theoretical arguments and evidence from important cases such as the EU, Singapore and Hong Kong to support the idea of a viable and continuing role for the "Developmental State". The scholarship underlying this very readable book, which includes contemporary material as well as ancient economic thought, is truly impressive. Readers will be left with much to reconsider about the benefits of globalisation.' - Patrick James, University of Southern California, US

Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective.

How has the United States government grown? What political and economic factors have given rise to its regulation of the economy? These eight case studies explore the late-nineteenth- and early twentieth-century origins of government intervention in the United States economy, focusing on the political influence of special interest groups in the development of economic regulation. The Regulated Economy examines how constituent groups emerged and demanded government action to solve perceived economic problems, such as exorbitant railroad and utility rates, bank failure, falling agricultural prices, the immigration of low-skilled workers, workplace injury, and the financing of government. The contributors look at how preexisting policies, institutions, and market structures shaped regulatory activity; the origins of regulatory movements at the state and local levels; the effects of consensus-building on the timing and content of legislation; and how well government policies reflect constituency interests. A wide-ranging historical view of the way interest group demands and political bargaining have influenced the growth of economic regulation in the United States, this book is important reading for economists, political scientists, and public policy experts.

Uses the framework of 'market in state', to argue that the Chinese economy is state-centered, dominated by political principles over economic principles.

"Drawing on Kaleckian and Kaldorian approaches, Political Economy of Contemporary Italy: The Economic Crisis and State Intervention explores the reasons behind the stagnation of the Italian economy from the 1970s, and suggests policy solutions to ease the crisis. The central thesis of the book is that from the early 1990s Italy experienced a constant reduction of both private and public investment which, combined with increasing labour precariousness and wage moderation, contributed to the decline of both labour productivity and economic growth. It is argued that lack of industrial policies amplified the problem of the poor macroeconomic performance, since Italian firms - small sized and non-innovating - were incapable of staying competitive on the global scene. Net exports did not compensate for the decline of public spending, private investment and consumption. It is also shown that, in these respects, Italy presents an interesting case-study with wider ramifications for it was involved in the global process of intensifying the neoliberal agenda but at a faster rate than other OECD countries. The book concludes with a call for an alternative economic policy in order to promote innovation, reduce unemployment and stimulate economic growth. This book marks a significant contribution to the literature on the recent history of the European economy, Italian studies, and the history of economic thought. Nicolò Giangrande is an economic researcher at the Giuseppe Di Vittorio Foundation (Italy), professor and director of the Cátedra Barão do Rio Branco at the U:VERSE University Centre (Brazil), and teaching assistant in Political Economy at the University of Salento (Italy)"--

Embracing individualism and antistatism, the United States traditionally has favored a limited role for government. Yet state intervention both against and on behalf of labor has a long history, culminating in the labor law reforms of the New Deal. How do we account for this irony? And how do we explain why, between World War I and the Great Depression, another leading industrial nation with similar ideological commitments, Great Britain, developed a different model? By comparing the United States and Britain, Larry G. Gerber makes clear that, in the development of industrial relations policies, ideology was secondary to economic realities--the structure of business, the market system, and the configuration of unions. Nonetheless, industrial policy developed within the broader context of the transition from the individualistic laissez-faire capitalism of the nineteenth century to a collectivist political economy in which the state and organized groups played increasingly important roles while pluralist and corporatist models contended for influence. In Britain, where most business enterprises remained comparatively small, collective bargaining between workers and management became the norm. In the United States, however, large-scale corporations quickly rose to dominance. Eager to retain control of the production process, corporate elites resisted negotiating with workers and occasionally called upon the state to resolve labor crises. American workers, who initially opposed state involvement, eventually turned to the state for assistance as well. The New Deal administration responded with a series of new labor policies designed to balance the interests of employers and employees alike. Since state intervention did nothing to permanently change employers' hostility toward unions, the New Deal legislation was short-lived. Gerber's broad study of this momentous period in labor history helps explain the conundrum of a nation with a typically limited government whose intense intervention in labor relations caused long-lasting effects.