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Partisan Politics in the Global Economy By Geoffrey Garrett (Yale University, Connecticut)

Partisan Politics in the Global Economy

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This book argues that national politics are not dominated by global markets. 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.
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Partisan Politics in the Global Economy Summary


Partisan Politics in the Global Economy by Geoffrey Garrett (Yale University, Connecticut)

Geoffrey Garrett challenges the conventional wisdom about the domestic effects of the globalization of markets in the industrial democracies: the erosion of national autonomy and the demise of leftist alternatives to the free market. He demonstrates that globalization has strengthened the relationship between the political power of the left and organized labour and economic policies that reduce market-generated inequalities of risk and wealth. Moreover, macroeconomic outcomes in the era of global markets have been as good or better in strong left-labour regimes ('social democratic corporatism') as in other industrial countries. Pessimistic visions of the inexorable dominance of capital over labour or radical autarkic and nationalist backlashes against markets are significantly overstated. Electoral politics have not been dwarfed by market dynamics as social forces. Globalized markets have not rendered immutable the efficiency-equality trade-off.

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Partisan Politics in the Global Economy Reviews


'... an impassioned and crystal clear call to defend the possibility of politics. As such, it deserves to be widely read and welcomed.' Political Studies

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.

Additional information

GOR006662187
Partisan Politics in the Global Economy by Geoffrey Garrett (Yale University, Connecticut)
Geoffrey Garrett (Yale University, Connecticut)
Cambridge Studies in Comparative Politics
Used - Very Good
Paperback
Cambridge University Press
1998-03-13
204
0521446902
9780521446907
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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