
As an Amazon Associate and affiliate partner, Menrva Books earns from qualifying purchases. Learn more
The world is in turmoil, the dynamics of political economy seem to have entered a phase where a 'return to normal' cannot be expected. Since the financial crisis, conventional economic theory has proven itself to be rather helpless and political decision makers have become suspicious about this type of economic consultancy. This book offers a different approach. It promises to describe political and economic dynamics as interwoven as they are in real life and it adds to that an evolutionary perspective. The latter allows for a long-run view, which makes it possible to discuss the emergence and exit of social institutions. Evolutionary Political Economy in Action consists of two parts. Part I provides a broad range of issues that show how flexible evolutionary political economy can handle acute policy problems in Europe: should Europe support the revived build-up of NATO forces on its Eastern border, or should it rather aim at economic cooperation with Russia? How can democracy for a whole continent be reasonably further developed; what is the role of economies of scope? Do the new protest movements against inequality provide alternatives? What could a vision for a unified, socioecological Europe look like? Part II takes a closer look at Cyprus and Greece, where the problems of the financial crisis have been exacerbated by the 'solutions' imposed on them by the troika. In all of these essays, the authors demonstrate the unique insights which can be garnered from adopting an evolutionary political economy approach and consider the real solutions that such an approach points towards. This volume is extremely useful for social scientists in the fields of economics, politics and sociology who are interested to learn what evolutionary political economy is, how it proceeds and what it can provide.
This book investigates how evolutionary political economy can offer a framework for understanding and addressing contemporary global and European challenges. The authors propose an interwoven perspective on political and economic dynamics, utilizing an evolutionary lens to examine the long-term emergence and transformation of social institutions. Part I explores acute policy issues in Europe, such as geopolitical relations with Russia, democratic development, economies of scope, and responses to inequality, while also envisioning a unified, socioecological Europe. Part II focuses on the specific economic crises faced by Cyprus and Greece, analyzing the impact of imposed 'solutions' and highlighting the practical insights derived from an evolutionary political economy approach.
This volume is presented as a useful resource for social scientists in economics, politics, and sociology seeking to understand the principles and applications of evolutionary political economy. The authors aim to demonstrate how this approach can provide unique insights and point towards real solutions for complex contemporary problems. The book's structure, with a broad European focus followed by specific case studies of Cyprus and Greece, suggests a comprehensive exploration of its theoretical framework in practice. The collection of essays is intended to offer a distinct perspective on current socio-economic challenges.
Page Count:
232
Publication Date:
2017-01-01
Publisher:
Taylor & Francis Group
ISBN-10:
1138204110
ISBN-13:
9781138204119
No comments yet. Be the first to share your thoughts!