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Author Garrett, Geoffrey, 1958-

Title Partisan politics in the global economy / Geoffrey Garrett.

Published Cambridge, UK ; New York : Cambridge University Press, 1998.


Location Call No. Status
 UniM Giblin Eunson  338.9 GARR    AVAILABLE
 UniM Giblin Eunson  338.9 GARR    AVAILABLE
Physical description xv, 185 p. : ill. ; 24 cm.
Series Cambridge studies in comparative politics
Bibliography Includes bibliographical references and index.
Contents 1. Introduction -- 2. Politics, Policy, and Performance -- 3. Market Integration and Domestic Politics -- 4. Economic Policy -- 5. Economic Performance -- 6. The 1990s and Beyond.
Summary 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, in important respects, strengthened the relationship between the political power of the left and organized labor, on the one hand, and economic policies that reduce market-generated inequalities of risk and wealth, on the other. Moreover, macroeconomic outcomes in the era of global markets have been as good or better in strong-left-labor regimes ("social democratic corporatism") as in other industrial countries. Pessimistic visions of the inexorable dominance of capital over labor or radical autarkic and nationalist backlashes against markets are significantly overstated.
Electoral politics have not been dwarfed by market dynamics as social forces and globalized markets have not rendered immutable the efficiency-equality trade-off. The findings in this book should hearten advocates of social democracy throughout the world.
Subject Economic history -- 1971-1990.
Economic history -- 1990-
Free enterprise.
Economic security.
Economic policy.
Corporate state.
ISBN 0521446902 (pbk.)