The smaller countries of Western Europe have a reputation for being more successful than their larger neighbors. They are wealthier per capita, they are more stable politically, and they are more flexible economically. The secret to this success lies in their consensual style of politics and their corporatist style of decision-making. Unfortunately, however, that may be about to change. A political transformation underway in small states is undermining the politics of consensus and breakdown the effectiveness of corporatist institutions. Small countries are becoming increasingly vulnerable to the vicissitudes of world markets as a result. Belgium and the Netherlands offer clear examples of the problem at hand. The political societies of both countries were tightly organized to avoid conflict and to promote consensus. Over time, however, this tight organization has broken down, politicians have opted for conflict over consensus, and elections have become more volatile as a result. In turn, this political transformation of Belgium and the Netherlands has undermined their traditional approach to economic policymaking and economic adjustment. Belgium and the Netherlands are now more vulnerable to world market forces than at any time since the end of the 1970s. Their relative economic and political success can no longer be taken for granted. The relative success of other small states should be brought into question as well.

Economic Adjustment and Political Transformation in Small States

Business & Money

Jones, Erik

Economics

Oxford University Press

Developments in European Politics

This major new text brings together specially-commissioned chapters by leading authorities on European politics--East and West--to provide a systematic assessment of developments in political institutions and processes, politics and society, and policy set in the context of globalization, EU enlargement and Europe's changing role on the world stage. Carefully planned and edited by an international team of editors, it will, like its predecessor volumes on Developments in West European Politics, be essential reading for students and scholars.

Politics & Social Sciences

Rhodes, Martin

Sedelmeier, Ulrich

Politics & Government

PALGRAVE~MACMILLAN

This book provides a balanced introduction to diverse political economy perspectives on different aspects of European integration, demonstrating both the importance and the potential of research in this area. The volume includes three types of chapters: broad literature reviews, narrower applications of existing arguments, and new syntheses of competing claims. The authors also present a critical appraisal of how scholars in the EU and US use theory to understand European integration, and examine issues such as citizens' attitudes, perceptions and preferences of actors, the role of non-state actors, principle-agent questions, and the role and the autonomy of European institutions. This empirically informed and methodologically rigorous volume will be of great interest to students and researchers in the fields of comparative political economy, EU studies, international political economy and international organizations.

The Political Economy of European Integration: Theory and Analysis (Routledge/Ripe Studies in Global Political Economy)

Verdun, Amy

Routledge

The Political Economy of European Integration: Theory and Analysis (Ripe Studies in Global Political Economy)

The Politics of Economic and Monetary Union: Integration and Idiosyncrasy

The formation of an economic and monetary union among twelve of Europe's leading economies is the most exciting experiment in modern political economics. Can a single monetary policy satisfy the needs of twelve very different countries? Does the establishment of a European central bank herald the emergence of a new, more federal European Union? Will Europe's new single currency, the euro, come to rival the dollar for world leadership? Or will the euro collapse as conflicts between participating countries work to tear the European economic and monetary union apart? The Politics of Economic and Monetary Union offers surprising answers to these questions. By focusing attention on who wins and who loses from the creation of the euro, Erik Jones argues that the diversity of participating countries is a strength rather than a weakness, that Europe's single currency helps to maintain such diversity rather than to eliminate it, and that while the euro may never rival the dollar it is nevertheless unlikely to fall apart. As long as the politics of EMU differs from one country to the next, the monetary union is unlikely to face concerted or destabilizing opposition. Thus, the book concludes, EMU should be as difficult to dismantle as it was to create.This clearly written textbook provides a comprehensive exploration of the formation of an economic and monetary union among twelve of Europe's leading countries, the most exciting experiment in modern political economics. Erik Jones charts the embattled history of this extraordinarily project, explains the reasons it developed, and assesses how the controversies surrounding it may evolve in the future. Can a single monetary policy satisfy the needs of twelve very different countries? Does the establishment of a European central bank herald the emergence of a new, more federal European Union? Will Europe's new single currency, the euro, come to rival the dollar for world leadership? Or will the euro collapse as conflicts between participating countries work to t

Rowman & Littlefield Publishers

Survival, the IISS’s bimonthly journal, challenges conventional wisdom and brings fresh, often controversial, perspectives on strategic issues of the moment. 
In this issue: 
Alexander K. Bollfrass and Stephen Herzog argue that despite facing major challenges, the global nuclear order remains resilient 
Maria Shagina assesses Russia’s status as an energy superpower, concluding that it has a bleak future in the long term 
Erik Jones argues that the war in Ukraine has disrupted the European Central Bank’s ability to operate by consensus 
Jeffrey E. Kline, James A. Russell and James J. Wirtz contend that the US Navy may struggle to adapt to the pace of technological, social and environmental change 
Ray Takeyh revisits the Iranian Revolution, finding that Jimmy Carter did not so much ‘lose’ Iran as misunderstand it 
And five more thought-provoking pieces, as well as our regular Book Reviews and Noteworthy column. 
Editor: Dr Dana Allin 
Managing Editor: Jonathan Stevenson 
Associate Editor: Carolyn West 
Editorial Assistant: Charlie Zawadzki

Survival: August - September 2022

Graham, Thomas

Stent, Angela

Odgaard, Liselotte

Dylan, Huw

Shagina, Maria

Doris, Andrew

Bollfrass, Alexander K.

Herzog, Stephen

Maguire, Thomas J.

Reference

The Political Economy of European Integration: Theory and Analysis

Survival, the bi-monthly publication from The International Institute for Strategic Studies, is a leading forum for analysis and debate of international and strategic affairs. With a diverse range of authors, thoughtful reviews and review essays, Survival is scholarly in depth while vivid, well-written and policy-relevant in approach. Shaped by its editors to be both timely and forward-thinking, the publication encourages writers to challenge conventional wisdom and bring fresh, often controversial, perspectives to bear on the strategic issues of the moment.

Survival 60.2

Survival, the bi-monthly publication from The International Institute for Strategic Studies, is a leading forum for analysis and debate of international and strategic affairs. With a diverse range of authors, thoughtful reviews and review essays, Survivalis scholarly in depth while vivid, well-written and policy-relevant in approach. Shaped by its editors to be both timely and forward-thinking, the publication encourages writers to challenge conventional wisdom and bring fresh, often controversial, perspectives to bear on the strategic issues of the moment.

Survival 58.4

Chivvis, Christopher S.

Azami, Dawood

Ker-Lindsay, James

Ven Bruusgaard, Kristin

Europe Today: A Twenty-First Century Introduction

Now in its sixth edition, Europe Today presents unrivaled coverage of developments in major European countries and across the region. Thoroughly revised and updated--including new chapters on Turkey and the wider European neighborhood to address their growing influence--this is the only work that offers a sustained and unified set of both country case studies and thematic chapters on the European Union. Written by leading scholars from Europe and North America, the book shows a range of perspectives on the process of European integration, the evolution of economic performance, and the reaction to multiculturalism and immigration. Highlighting the impact of the global economic crisis, the COVID-19 pandemic, the Russian war in Ukraine, and the struggle to assert Europe's voice more widely, the contributors provide a pragmatic assessment of what Europeans have accomplished and what challenges they continue to face. Each chapter builds on a foundation of basic political information and explanation to develop distinctive and thought-provoking contributions to current debates. Informative and engaging, this comprehensive text leads readers toward a coherent and informed view of Europe today.

Europe Today

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