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14249 results in Political economy

Page 233 of 713

The Wealth Effect
  • How the Great Expectations of the Middle Class Have Changed the Politics of Banking Crises
  • Jeffrey M. Chwieroth, Andrew Walter
  • Published online:
    18 March 2019
    Print publication:
    21 March 2019
  • The politics of major banking crises has been transformed since the nineteenth century. Analyzing extensive historical and contemporary evidence, Chwieroth and Walter demonstrate that the rising wealth of the middle class has generated 'great expectations' among voters that the government is responsible for the protection of this wealth. Crisis policy interventions have become more extensive and costly - and their political aftermaths far more fraught - because of democratic governance, not in spite of it. Using data from numerous democracies over two centuries, and detailed studies of Brazil, the United Kingdom and the United States, this book breaks new ground in exploring the consequences of the emerging mass political demand for financial stabilization. It shows why great expectations have induced rising financial fragility, more financial sector bailouts and rising political instability and discontent in contemporary democracies, providing new insight to anyone concerned with contemporary policy and politics.

Class, Politics, and Agrarian Policies in Post-liberalisation India
  • Sejuti Das Gupta
  • Published online:
    16 March 2019
    Print publication:
    09 May 2019
  • The book visits the idea of New India, studying how the political economy of India has changed significantly in post-liberalisation India. The book challenges the notion that all farmers in India are in agrarian distress, showing that some classes of farmers have gained under policies; it helps understand why farmer movement has weakened and control of industrial capitalist class has been bolstered. The book discusses the growing presence of petty bourgeoisie with both old and new fractions thriving. Gujarat and Karnataka are instances of these two kinds of fractions. Refuting to pre-suppose a uniformity across countries, this book upholds the significance of studying these dynamics within a nation state.

Page 233 of 713