Embedding Global Markets: An Enduring Challenge

Embedding Global Markets: An Enduring Challenge

by John Gerard Ruggie
     
 

"John Ruggie introduced the concept of embedded liberalism in a 1982 article that has become one of the most frequently cited sources in the study of international political economy. The concept was intended to convey the manner by which capitalist countries learned to combine the efficiency of markets with the broader values of the community that socially sustainable… See more details below

Overview

"John Ruggie introduced the concept of embedded liberalism in a 1982 article that has become one of the most frequently cited sources in the study of international political economy. The concept was intended to convey the manner by which capitalist countries learned to combine the efficiency of markets with the broader values of the community that socially sustainable markets themselves requite in order to survive and thrive." This volume provides a better understanding of what embedded liberalism means, why it matters and how to reconstitute it in the context of the global economy. The papers included in this volume contextualize the current challenge historically and theoretically so that students, scholars and policymakers alike are reminded of what is at stake and what is required.

Product Details

ISBN-13:
9780754674542
Publisher:
Ashgate Publishing, Limited
Publication date:
11/01/2008
Pages:
272
Product dimensions:
6.20(w) x 9.30(h) x 1.10(d)

Table of Contents

List of Figures and Tables

Introduction Embedding Global Markets John Gerard Ruggie Ruggie, John Gerard 1

Pt. I The Idea of Embedded Liberalism

1 Reconstructing Embedded Liberalism: John Gerard Ruggie and Constructivist Approaches to the Study of the International Trade Regime Andrew T. F. Lang Lang, Andrew T. F. 13

2 Hollowing out Keynesian Norms: How the Search for a Technical Fix Undermined the Bretton Woods Regime Jacqueline Best Best, Jacqueline 47

Pt. II Embedded Liberalism in Practice

3 Trade Globalization, Economic Performance, and Social Protection: Nineteenth-Century British Laissez-Faire and Post-World War II U.S.-Embedded Liberalism Salvatore Pitruzzello Pitruzzello, Salvatore 73

4 Why Do More Open Economies Have Bigger Governments? Dani Rodrik Rodrik, Dani 113

5 Government Spending and Public Support for Trade in the OECD: An Empirical Test of the Embedded Liberalism Thesis Jude C. Hays Hays, Jude C. Sean D. Ehrlich Ehrlich, Sean D. Clint Peinhardt Peinhardt, Clint 145

6 Globalization and the Decline of the Welfare State in Less-Developed Countries Nita Rudra Rudra, Nita 169

Pt. III A Global Civic Order?

7 Values and Interests in Attitudes toward Trade and Globalization: The Continuing Compromise of Embedded Liberalism Robert Wolfe Wolfe, Robert Matthew Mendelsohn Mendelsohn, Matthew 209

8 Taking Embedded Liberalism Global: The Corporate Connection John Gerard Ruggie Ruggie, John Gerard 231

Index 255

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