The Myth of the Powerless State by Linda Weiss

The Myth of the Powerless State by Linda Weiss

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Summary

It is argued that the integration of the world economy is making governments less powerful. The author of this text disagrees, suggesting that state capacities for domestic transformative strategies provide a competitive advantage. She compares Sweden, Japan, Germany and Northeast Asia.

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The Myth of the Powerless State by Linda Weiss

Conventional wisdom argues that the integration of the world economy is making national governments less powerful, but Linda Weiss disagrees. In an era when global society and the transnational market are trendy concepts, she suggests that state capacities for domestic transformative strategies provide a competitive advantage. Some of the most successful economies rely on state-informed and state-embedded institutions for governing the economy. In fact, she contends, the strength of external economic pressures is largely determined domestically, and the effect of such pressures varies with the strength of domestic institutions. Weiss analyzes the sources and varieties of state capacity for governing industrial transformation in contemporary cases: the unraveling of Sweden's distributive model of adjustment, the evolution of developmental states in Northeast Asia, and the parallel strengths of the German and Japanese systems of industrial coordination. Her comparative perspective allows her to show how different types of state capacity affect industrial vitality and domestic adjustment to global forces. As economic integration proceeds, she concludes, state capabilities will matter more rather than less in fostering social well-being and the creation of wealth.

Linda Weiss is Professor of Comparative Politics at the University of Sydney. She is the author of Creating Capitalism, States in the Global Economy and How to Kill a Country.

SKU Unavailable
ISBN 13 9780801485435
ISBN 10 0801485436
Title The Myth of the Powerless State
Author Linda Weiss
Series Cornell Studies In Political Economy
Condition Unavailable
Binding Type Paperback
Publisher Cornell University Press
Year published 1999-10-15
Number of pages 240
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.