This timely book utilizes the tools of politics, economics and public policy to explore the causes of the recent global financial crisis, which, the author argues, can be explained as the absence of a public interest perspective in policy making. Maurice Mullard points out that recessions are not collective shared experiences. Recessions create winners and losers. Furthermore, recessions are not an external event but reflect the outcomes of the policy process. The author looks beyond economic explanations for the economic crisis, and instead points towards a structural explanation. He explores the concept of social structures, the effects of the relationships between power and influence, and the role of ideology and income inequalities as contributory factors. The commitment to deregulated financial markets created an over the counter derivatives market worth some $640 trillion dollars compared to a global GDP worth $65 trillion dollars. The growth of derivatives markets, the role of credit rating agencies, major shifts in policy making and growing income inequalities are described as major factors explaining the present economic recession. The absence of a public interest perspective, the breakdown of trust in institutions, policy makers' dependence on financial contributions, the housing bubble, and the increased concentration of income have distorted the democratic process. Thought provoking and stimulating, this book will provide a fascinating study for students and academics with an interest in politics, economics, political economy and public policy.

The Political Economy is ideally suited as a supplementary text for courses in American government and politics, policy studies, business-government relations, and economic issues and policy making. It integrates selections from the very finest new and classical works of political and economic analysis, by distinguished scholars, into a comprehensive overview of the American political system.

This book examines to what extent politics in Iceland have been transformed in the aftermath of the 2008 financial crisis. The book focuses on whether the short-term sudden shock caused by the Great Recession has permanently transformed politics, political behaviour and the Icelandic party system or whether its effect was primarily transitory. These questions remain highly relevant to the wider field of political science, as the book examines under what circumstances sudden shocks lead to permanent changes in a political system. As such, the book situates the post-crisis Icelandic case both temporally and comparatively and evaluates to what extent the Iceland experience is reflective of broader patterns found in other Western democracies, particularly those other countries that were also hard hit by the Great Recession (e.g. Greece, Ireland, Portugal, Spain and Italy). This book will be of key interest to scholars and students of Nordic politics, Icelandic politics and society, electoral studies, political parties and party systems, representative democracy, political behaviour and more broadly to European and comparative politics. The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

In this volume, some of the leading scholars on China's development examine China's responses to the global financial crisis and their implications for China's economy, society, and the international balances of power.

From recession to renewal will be of interest to students, academics and practitioners working in a number of areas of local government. --Book Jacket.

Government-Nonprofit Relations in Times of Recession brings together contributions by international scholars to examine how the relationships between governments and nonprofit organizations have shifted as a result of the global recession. Each chapter provides a detailed analysis of the impact of the recession on government operations and on the nonprofit sector. It is essential reading for academics and practitioners interested in the current policy agendas with regard to the nonprofit sector. This book is the sixth volume to emerge from the Public Policy and Third Sector Initiative in the School of Policy Studies at Queen's University, and is based on the Tenth Annual National Forum of the Initiative, which brought together public servants, experts, and practitioners to discuss the evolution of government-nonprofit relations. Contributors include Nicholas Acheson (University of Ulster), John Butcher (Australian National University), John Casey (City University of New York), Gemma Donnelly-Cox (Trinity College), John A. Healy (Atlantic Philanthropies), Rachel Laforest (Queen's University), Barbara Levine (Carleton University), Carmen Parra (University Abat Oliba Ceu), Colin Rochester (University of London), Björn Schmitz (University of Heidelberg), Steven Rathgeb Smith (American University, The University of Washington), Marilyn Taylor (University of London), Evren Tok (Hamad Bin Kkalifa University), and Meta Zimmeck (Roehamptom University).

At the nexus of politics and policy development lies persistent conflict over where problems come from, what they signify, and, based on the answers to those questions, what kinds of solutions should be sought. Policy researchers call this process "problem definition." Written for both scholars and students, this book explains how and why social issues come to be defined in different ways, how these definitions are expressed in the world of politics, and what consequences these definitions have for government action and agenda-setting dynamics. The authors demonstrate in two theoretical chapters and seven provocative case studies how problem definition affects policymaking for high-profile social issues like AIDS, drugs, and sexual harassment as well as for problems like traffic congestion, plant closings, agricultural tax benefits, and air transportation. By examining the way social problems are framed for political discussion, the authors illuminate the unique impact of beliefs, values, ideas, and language on the public policymaking process and its outcomes. In so doing, they establish a common vocabulary for the study of problem definition; review and critique the insights of existing work on the topic; and identify directions for future research.

Long-running trends towards increasing inequality between the rich and poor across Europe have been exacerbated by the 2008 global financial crisis and its aftermath. As employment opportunities for young people diminish and as the welfare state is pulled back, pathways to adulthood change and become more difficult to navigate. Transitions to Adulthood Through Recession consists of a collection of papers by researchers from Britain, Norway, Germany, Portugal, Italy and Greece, locating young people’s transitions to adulthood in their national social, economic and political contexts. It explores young adulthood with reference to generational continuity and change and intergenerational support. With a cross-national comparative framework, this volume highlights the importance of variations in structural contexts for young people’s transitions. Bringing together authors across sub-disciplines such as the sociology of youth, family and kinship, class and inequality and life-course studies, Transitions to Adulthood Through Recession will appeal to academic social scientists as well as final-year undergraduate and postgraduate students interested in fields such as political science, sociology, youth studies, social policy, anthropology and psychology; and a wider public readership. Chapter 1 of this book is available for free in PDF format as Open Access from the individual product page at www.routledge.com. It has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license

This comprehensive study of the Great Recession and its consequences provides comparative analyses of the extent to which social concertation between government, unions, and employers varied over time and across European countries. This edited volume – a collaboration of international country experts – includes eight in-depth country case studies and analysis of European-level social dialogue. Further comparisons explore whether social concertation followed economic necessity, was dependent on political factors, or rather resulted from labour’s power resources. The importance of social partners’ involvement is again evident during the Covid-19 pandemic. Examining contemporary crises, the book will be of considerable interest to scholars and students of public and social policies, comparative political economy, and industrial relations – and more broadly to those following European and EU politics.