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Neoliberal Economic Theories Are Powerful Because Their Domestic Translators Make Them Go Local, Hybridizing Global Scripts With Local Ideas. This Does Not Mean That All Local Translations Shape Policy, However. External Constraints And Translators' Access To Cohesive Policy Institutions Filter What Kind Of Neoliberal Hybrids Become Policy Reality. By Comparing The Moderate Neoliberalism That Prevails In Spain With The More Radical One That Shapes Policy Thinking In Romania, Ruling Ideas Explains Why Neoliberal Hybrids Take The Forms That They Do And How They Survive Crises. Cornel Ban Contributes To The Literature By Showing That These Different Varieties Of Neoliberalism Depend On What Competing Ideas Are Available Locally, On The Networks Of Actors Who Serve As The Local Advocates Of Neoliberalism, And On Their Vulnerability To External Coercion. Ruling Ideas Covers An Extended Historical Period, Starting With The Franco Period In Spain And The Ceausescu Period In Romania, Discusses The Economic Integration Of These Countries Into The Eu, And Continues Through Europe's Great Recession And The European Debt Crisis. The Broad Historical Coverage Enables A Careful Analysis Of How Neoliberalism Rules In Times Of Stability And Crisis And Under Different Political Systems.
This book investigates why neoliberal economic theories manifest in different forms across various nations and how these hybrid models persist through periods of economic stability and crisis. Cornel Ban, a political economist, utilizes a comparative framework to analyze the domestic translation of global economic scripts. He argues that the specific iteration of neoliberal policy in a given country is determined by the availability of competing local ideas, the influence of policy networks, and the degree of vulnerability to external institutional pressures.
What You Will Find
Scope Limits
Scholars in political economy frequently cite this work for its rigorous comparative methodology and its nuanced understanding of how global economic theories are adapted by local actors. Readers often note the academic density of the prose, which serves as a foundational text for those studying the intersection of institutional constraints and economic policy.
Page Count:
336
Publication Date:
2016-01-01
Publisher:
Oxford University Press
ISBN-10:
0190600403
ISBN-13:
9780190600402
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