The last quarter century has been marked by the ascension of neoliberalism--market deregulation, state decentralization, and reduced political intervention in national economies. Not coincidentally, this period of dramatic institutional change has also seen the emergence of several schools of institutional analysis. Though these schools cut across disciplines, they have remained isolated from and critical of each other. This volume brings together four--rational choice, organizational, historical, and discursive institutionalism--to examine the rise of neoliberalism. In doing so, it makes tremendous methodological strides while substantively enlarging our knowledge about neoliberalism. The book comprises original empirical studies by top scholars from each school of analysis. They examine neoliberalism's rise on three continents and explore changes in macroeconomic policy, labor markets, taxation, banking, and health care. Neoliberalism appears as much more complex, diverse, and contested than is often appreciated. The authors find that there is no convergence toward a common set of neoliberal institutions; that neoliberalism does not incapacitate states; and that neoliberal reform does not necessarily yield greater efficiency than other institutional arrangements. Beyond these important empirical contributions, this book is a methodological milestone in that it compares different schools of institutionalist analysis by seeing how they tackle a common problem. It reveals a second movement within institutionalism--one toward rapprochement and cross-fertilization among paradigms--and explains how this might be furthered with benefits throughout the social sciences. In addition to the editors, the contributors are Sarah L. Babb, Ellen M. Bradburn, Bruce G. Carruthers, Terence C. Halliday, Colin Hay, Edgar Kiser, Peter Kjaer, Jack Knight, Aaron Matthew Laing, David Strang, and Bruce Western.

It is increasingly accepted that 'institutions matter' for economic organization and outcomes. The last decade has seen significant expansion in research examining how institutional contexts affect the nature and behaviour of firms, the operation of markets, and economic outcomes. Yet 'institutions' conceal a multitude of issues and perspectives. Much of this research has been comparative, and followed different models such as 'varieties of capitalism', 'national business systems', and 'social systems of production'. This Handbook explores these issues, perspectives, and models, with the leading scholars in the area contributing chapters to provide a central reference point for academics, scholars, and students.

This book is about institutional change, how to recognize it, when it occurs, and the mechanisms that cause it to happen. It is the first book to identify problems with the "new institutional analysis," which has emerged as one of the dominant approaches to the study of organizations, economic and political sociology, comparative political economy, politics, and international relations. The book confronts several important problems in institutional analysis, and offers conceptual, methodological, and theoretical tools for resolving them. It argues that the paradigms of institutional analysis--rational choice, organizational, and historical institutionalism--share a set of common analytic problems. Chief among them: failure to define clearly what institutional change is; failure to specify the mechanisms responsible for institutional change; and failure to explain adequately how "ideas" other than self-interests affect institutional change. To demonstrate the utility of his tools for resolving the problems of institutional analysis, Campbell applies them to the phenomenon of globalization. In doing so, he not only corrects serious misunderstandings about globalization, but also develops a new theory of institutional change. This book advances the new institutional analysis by showing how the different paradigms can benefit from constructive dialogue and cross-fertilization.

Much of the research on institutional change shows how systems shift slowly and incrementally. Yet, in the case of former President Donald Trump, change was rapid and radical. In Institutions Under Siege, leading political sociologist John L. Campbell offers new insights for understanding the legacy of the Trump presidency. The book examines Trump's attack on the 'deep state' through the lens of institutional change theory, and demonstrates how he capitalized on tipping points and distinct leadership tactics to inspire, make deals with, and threaten people to get what he wanted. The book also assesses where the damage caused by the Trump administration is most likely to endure and where long-lasting damage was prevented. Sharp and insightful, Institutions Under Siege contrasts existing social science literature to draw attention to the unique significance of tipping points and the characteristics of particular leaders.

This book explores the IMF's role within the politics of austerity by providing a path-breaking comprehensive analysis of how the IMF approach to fiscal policy has evolved since 2008, and how the IMF worked to alter advanced economy policy responses to the global financial crisis (GFC) and the Eurozone crisis. It updates and refines our understanding of how the IMF seeks to wield ideational power by analysing the Fund's post-crash their ability to influence what constitutes legitimate knowledge, and their ability fix meanings attached to economic policies within the social process of constructing economic orthodoxy.This book is interested in the politics of economic ideas, focused on the assumptive foundations of different approaches to economic policy, and how the interpretive framework through which authoritative voices evaluate economic policy is an important site of power in world politics. After establishing the internal conditions of possibility for new fiscal policy thinking to emerge and prevail, detailed case studies of IMF interactions with the UK and French governments during the Great Recession drill down into how Fund seeks to shape the policy possibilities of advanced economy policy-makers and account for the scope and limits of Fund influence. The Fund's reputation as a technocratic, scientific source of economic policy wisdom is important to for its intellectual authority. Yet, as this book demonstrates, the Fund makes normatively driven interventions in ideologically charged economic policy debates. The analysis reveals the malleability of conventional wisdoms about economic policy, and the processes of their social construction.

This book offers a compelling new interpretation of the proliferation of regional trade agreements (RTAs) at the end of the twentieth century. Challenging the widespread assumption that RTAs should be seen as fundamentally similar economic initiatives to pursue free trade, Francesco Duina proposes that the world is reorganizing itself into regions that are highly distinctive and enduring. With evidence from Europe, North America, and South America, he challenges our understanding of globalization, the nature of markets, and the spread of neoliberalism. The pursuit of free trade is a profoundly social process and, as such, a unique endeavor wherever it takes place. In an unprecedented comparative analysis, the book offers striking evidence of differences in the legal architectures erected to standardize the worldview of market participants and the reaction of key societal organizations--interest groups, businesses, and national administrations--to a broader marketplace. The author gives special attention to developments in three key areas of economic life: women in the workplace, the dairy industry, and labor rights. With its bold and original approach and its impressive range of data, The Social Construction of Free Trade represents a major advance in the growing fields of economic sociology and comparative regional integration.

Political Analysis provides an accessible and engaging yet original introduction and distinctive contribution, to the analysis of political structures, institutions, ideas and behaviours, and above all, to the political processes through which they are constantly made and remade. Following an innovative introduction to the main approaches and concepts in political analysis, the text focuses thematically on the key issues which currently concern and divide political analysts, including the boundaries of the political; the question of structure, agency and power; the dynamics of political change; the relative significance of ideas and material factors; and the challenge posed by postmodernism which the author argues the discipline can strengthen itself by addressing without allowing it to become a recipe for paralysis.

Neoliberalism has shaped African development for nearly thirty years. As such, it is not an economic 'shock' or a 'structural adjustment', but rather a historic shift in Africa's development politics and policy. This book explores the ways in which African countries have experienced the neoliberal project, highlighting how this project has gone beyond economic liberalisation and towards a bolder social transformation. As an ideology, neoliberalism projects an end-point not simply of a market economy but of a market society. After thirty years of projects, aid disbursement, technical assistance, and conditionality, this book maps out the extent to which African states have cleaved to neoliberal directives. It suggests that neoliberal 'progress' in Africa is notably limited in spite of the resources behind it and the lack of alternatives to it.

This book examines seven higher education organizations, exploring their interconnected lines: organizational change and organizational stability. These lines are nested within historical, social, cultural, and political contexts of two nations—the US and Canada—two provinces and three states: Alberta, British Columbia, California, Hawai’i, and Washington. The author studies the development of the community college and the development of the university from community college origins, bringing to the forefront these seven individual stories. Addressing continuity and discontinuity and identity preservation and identity change, as well as individual organizations’ responses to government policy, Levin analyzes and illuminates those policies with neoliberal assumptions and values.

This book employs a variety of perspectives such as Institutional, Social Democratic, Marxist, Gender and Informal, Biblical and Dalit, to critically examine the impact of neo-liberal globalisation on both formal and informal sectors of the labour market and the industrial relations system. The narratives not only interrogate current institutions and paradigms, but also outline future developments.