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Capital Mobility, Central Bank Independence, and the Political Control of the Economy
Capitalism, Not Globalism shows that, while much has been made of recent changes in the international economy, the mechanisms by which politicians control the economy have not changed throughout the postwar period. Challenging both traditional and revisionist globalization theorists, William Roberts Clark argues that increased financial integration has led to neither a widening nor a narrowing of partisan differences in macroeconomic polices or outcomes. Rather, he shows that the absence of partisan differences in macroeconomic policy is a long-standing feature of democratic capitalist societies that can be traced to politicians' attempts to use the economy to help them survive in office. Changes in the structural landscape such as increased capital mobility and central bank independence do not necessarily diminish the ability of politicians to control the economy, but they do shape the strategies they use to do so. In a world of highly mobile capital, politicians manipulate monetary policy to create macroeconomic expansions prior to elections only if the exchange rate is flexible and the central bank is subservient. But they use fiscal policy to induce political business cycles when the exchange rate is fixed or the central bank is independent. William Roberts Clark is Assistant Professor, Department of Politics, New York University.
The Marketability of Political Skills
What would you do if, the very day you were hired, you knew you could be unemployed in as little as two years? You'd seek opportunities in your current job to develop a portfolio of skills and contacts in order to make yourself more attractive to future employers. Representatives and senators think about their jobs in Congress in this way, according to Glenn R. Parker. While in office, members of Congress plan not merely for the next election but for the next stage of their careers. By networking, serving on committees, and championing particular legislation, they deliberately accumulate human capital---expertise, networks, and reputation---which later will give them bargaining power in the job market. Parker's study of the postelective careers of more than 200 former members of Congress, both U.S. representatives and senators, who have left office during the last half century shows that such strategic planning generally succeeds. In most cases, the human capital these politicians amassed while in office increased their occupational mobility and earning power. Capitol Investments offers a sophisticated yet accessible analysis of the acquisition and marketability of political skills. It suggests that an awareness of the trade in human capital shapes an officeholder's actions as much as the desire to win another election. Glenn R. Parker is Distinguished Professor in the Department of Political Science at Purdue University.
Capturing Campaign Effects is the definitive study to date of the influence of campaigns on political culture. Comprising a broad exploration of campaign factors (debates, news coverage, advertising, and polls) and their effects (priming, learning, and persuasion), as well as an impressive survey of techniques for the collection and analysis of campaign data, Capturing Campaign Effects examines different kinds of campaigns in the U.S. and abroad and presents strong evidence for significant campaign effects. "Capturing Campaign Effects is an accessible and penetrating account of modern scholarship on electoral politics. It draws critical insights from a range of innovative analyses." --Arthur Lupia, University of Michigan "What a wonderful way to usher in the new era of election studies! This book spotlights fascinating paradoxes in the literature of voting behavior, highlights many promising approaches to resolving those paradoxes, and shows how these strategies can yield important findings with terrific payoffs for our understanding of contemporary democracy. Fasten your seatbelts, folks: scholarship on elections is about to speed up thanks to this collection of great essays." --Jon Krosnick, Stanford University "The past decade has seen a renewed interest in understanding campaign effects. How and when do voters learn? Does the election campaign even matter at all? Capturing Campaign Effects draws on leading political scientists to address these matters. The result is a collection that will become the major reference for the study of campaigns. The lesson that emerges is that campaigns do affect voter decision making, usually for the better." --Robert S. Erikson, Columbia University Henry E. Brady is Class of 1941 Monroe Deutsch Professor of Political Science and Public Policy, and Director of the Survey Research Center at the University of California, Berkeley. Richard Johnston is Professor and Head of Political Science and Distinguished University Scholar at the University of British Columbia.
Rethinking Development Assistance
Development assistance employs carrots and sticks to influence regimes and obtain particular outcomes: altered economic policies, democratization, relief of suffering from catastrophes. Wealthy nations and international agencies such as the World Bank justify development assistance on grounds of improving the global human condition. Over the last forty years, however, ethnic conflict has increased dramatically. Where does ethnic conflict fit within this set of objectives? How do the resources, policy advice, and conditions attached to aid affect ethnic conflict in countries in which donors intervene? How can assistance be deployed in ways that might moderate rather than aggravate ethnic tensions? These issues are addressed comparatively by area specialists and participant-observers from development assistance organizations. This book is the first systematic effort to evaluate this dimension of international affairs--and to propose remedies. Case studies include Russia, Ecuador, Sri Lanka, and Kenya, with references to many other national experiences. Cross-cutting chapters consider evolution of USAID and the World Bank's policies on displacement of people by development projects, as well as how carrots and sticks may affect ethnic dynamics, but through different mechanisms and to varying degrees depending on political dynamics and regime behaviors. They show that projects may also exacerbate ethnic conflict by reinforcing territoriality and exposing seemingly unfair allocative principles that exclude or harm some while benefiting others. For students of international political economy, development studies, comparative politics, and ethnic conflict, this book illuminates a problem area that has long been overlooked in international affairs literature. It is essential reading for staff members and policymakers in development assistance agencies and international financial institutions. Milton J. Esman is the John S. Knight Professor of International Studies, Emeritus, and Professor of Government, Emeritus, at Cornell University. Ronald J. Herring is Director of the Mario Einaudi Center for International Studies at Cornell, the John S. Knight Professor of International Relations, and Professor of Government at Cornell University.
Much of the modern world's knowledge of criminal court trials in the Late Roman Republic derives from the orations of Cicero. His eleven court trial speeches have provided information about the trials and the practices of the time period. Records of the prosecution's case are lost; these speeches, our only transcripts of the time, were delivered by the defense. The Case for the Prosecution in the Ciceronian Era attempts to restore the judicial balance by depicting the lost side of the trial. Guided by Cicero's argument, Michael C. Alexander recreates the prosecution's case against the defendants in the trials. Organized into eleven chapters, each detailing one trial, the core of the work discusses the different dimensions of each trial, the circumstances surrounding the cases, those involved, the legal charges and allegations made by the prosecution, the ways in which the prosecution might have countered Cicero's rebuttal and the outcome. There is also a discussion concerning particular problems the prosecution may have faced in preparing for the trial. This book reveals strong points in favor of the prosecution; justifies the hope of the prosecutor, a private citizen who had volunteered to undertake the case; and asks why the prosecutors believed they would come out victorious, and why they eventually failed. The Case for the Prosecution in the Ciceronian Era draws on ancient rhetorical theory and on Roman law to shed light on these events. It will interest historians and classicists interested in Ciceronian oratory and those intrigued by legal history. Michael C. Alexander is Associate Professor of History, University of Illinois, Chicago.
Trade Opportunities and Challenges for Arab Countries
At a time when countries in the Middle East and North Africa (MENA) are joining the World Trade Organization, the lack of an economically sound analysis of trade policies in the region is especially notable. This volume remedies the situation by bringing together a distinguished group of applied trade economists to provide a broad view of the state of trade in and among the region's nations. The contributors provide original empirical analyses on key reform issues, and their work reflects deep knowledge of government concerns and policies. Part 1 sets the scene by comparing the performance of the MENA region with the rest of the world on a large number variables and indicators. Part 2 contains a number of CGE model-based analyses of trade policy reform options. Part 3 focuses on specific policy areas: standards as nontariff barriers and red tape, trade facilitation, an assessment of the impact of protecting intellectual property using partial equilibrium techniques, and a review of the existing Euro-Med agreements. Part 4 discusses how the region could benefit from WTO membership and from changing the existing regional integration schemes into arrangements that help promote a growth enhancing reform agenda. The volume will be essential reading for economists and policymakers working in and with the MENA nations, as well as officials at the multilateral and regional institutions. Contributors are A. Halis Akder, Benita Cox, Dean De Rosa, Hana'a Kheir El Din, Sherine El Ghoneim, Oleh Havrylyshyn, Bernard Hoekman, Denise Konan, Peter Kunzel, Will Martin, Keith Maskus, Mustapha Nabli, Thomas Rutherford, Elisabet Rutstrom, David Tarr, Subidey Togan, L. Alan Winters, Alexander Yeats, and Jamel Zarrouk. Bernard Hoekman is an Economist with the Development Research Group's Trade team of the World Bank. Jamel Zarrouk is an Economist with the Arab Monetary Fund.
The Story of Camille, Lessons Unlearned from America's Most Violent Hurricane
The epic story of the real victims of a perfect storm—overwhelmingly the poor—left behind in the aftermath of a deadly hurricane “A riveting new book.” —Tallahassee Democrat “Not simply an historical account of a storm thirty-seven years ago but a living, breathing entity brimming with the modern-day reality that, yes, it can happen again.” —American Meteorological Society Bulletin "Fascinating, easy-to-read, yet informative.” —Richmond Times-Dispatch “Almost like sitting in front of the television watching the events unfold. A page-turner from the very first page.” —Ruston Morning Paper “There is much we can all learn from this relevant and highly engaging chronicle.” — Biloxi Sun Herald “A must-read for anyone who wants to take an emotional stroll through the rubble of these Gulf Coast fishing communities and learn what happened.” —Apalachicola Times “Should be required reading for anyone living in the path of these terrible storms.” —Moondance.org As the unsettled social and political weather of summer 1969 played itself out amid the heat of antiwar marches and the battle for civil rights, three regions of the rural South were devastated by the horrifying force of Category 5 Hurricane Camille. Camille’s nearly 200 mile per hour winds and 28-foot storm surge swept away thousands of homes and businesses along the Gulf Coast of Louisiana and Mississippi. Twenty-four oceangoing ships sank or were beached; six offshore drilling platforms collapsed; 198 people drowned. Two days later, Camille dropped 108 billion tons of moisture drawn from the Gulf onto the rural communities of Nelson County, Virginia—nearly three feet of rain in 24 hours. Mountainsides were washed away; quiet brooks became raging torrents; homes and whole communities were simply washed off the face of the earth. In this gripping account, Ernest Zebrowski and Judith Howard tell the heroic story of America’s forgotten rural underclass coping with immense adversity and inconceivable tragedy. Category 5 shows, through the riveting stories of Camille’s victims and survivors, the disproportionate impact of natural disasters on the nation’s poorest communities. It is, ultimately, a story of the lessons learned—and, in some cases, tragically unlearned—from that storm: hard lessons that were driven home once again in the awful wake of Hurricane Katrina. Ernest Zebrowski is founder of the doctoral program in science and math education at Southern University, a historically black university in Baton Rouge, Louisiana, and Professor of Physics at Pennsylvania State University’s Pennsylvania College of Technology. His previous books include Perils of a Restless Planet: Scientific Perspectives on Natural Disasters. Judith Howard earned her Ph.D. in clinical social work from UCLA, and writes a regular political column for the Ruston, Louisiana, Morning Paper.
Turkana Ecology, Politics, and Raiding in a Disequilibrium System
An in-depth look at the ecology, history, and politics of land use among the Turkana pastoral people in Northern Kenya Based on sixteen years of fieldwork among the pastoral Turkana people, McCabe examines how individuals use the land and make decisions about mobility, livestock, and the use of natural resources in an environment characterized by aridity, unpredictability, insecurity, and violence. The Turkana are one of the world's most mobile peoples, but understanding why and how they move is a complex task influenced by politics, violence, historical relations among ethnic groups, and the government, as well as by the arid land they call home. As one of the original members of the South Turkana Ecosystem Project, McCabe draws on a wealth of ecological data in his analysis. His long-standing relationship with four Turkana families personalize his insights and conclusions, inviting readers into the lives of these individuals, their families, and the way they cope with their environment and political events in daily life. J. Terrence McCabe is Associate Professor of Anthropology, University of Colorado at Boulder.
Implications for Theory and Method in the Social Sciences
Acknowledging that though the disciplines are supposed to be cumulative, there is little in the way of accumulated, general theory, this work opens a dialogue about the appropriate means and ends of social research based in analysis of fundamental issues. This book examines two root issues in the methodology of explanatory social research--the meaning of the idea of causation in social science and the question of the physiological mechanism that generates intentional behavior. Conclusions on these as well as on several derived problems emerge through the analysis. Among the latter, the analysis shows that neither universal nor probabilistic laws governing human behavior are possible, even within the positivist or empiricist traditions in which laws are a central feature. Instead, the analysis reveals a more modest view of what an explanatory social theory can be and do. In this view, the kind of theory that can be produced is basically the same in form and content across quantitative and qualitative research approaches, and similarly across different disciplines. The two streams of analysis are combined with resulting implications for large-sample, small-sample, and case study research design as well as for laws and theory. Written for the practicing empirical researcher in political science and organization theory, whether quantitative or qualitative, the major issuesand findings are meant to hold identically, however, for history, sociology, and other social science disciplines. Lawrence B. Mohr is Professor of Political Science and Public Policy, University of Michigan.
Women and the Pre-History of the Great Chain of Being
In Centaurs and Amazons, Page duBois offers a prehistory of hierarchy. Using structural anthropology, symbolic analysis, and recent literary theory, she demonstrates a shift in Greek thought from the fifth to the fourth century B.C. that had a profound influence upon subsequent Western culture and politics. Through an analysis of mythology, drama, sculpture, architecture, and Greek vase painting, duBois documents the transition from a system of thought that organized the experience of difference in terms of polarity and analogy to one based upon a relatively rigid hierarchical scheme. This was the beginning of "the great chain of being," the philosophical construct that all life was organized in minute gradations of superiority and inferiority. This scheme, in various guises, has continued to influence philosophical and political thought. The author's intelligent and discriminating use of scholarship from various fields makes Centaurs and Amazons an impressive interdisciplinary study of interest to classicists, feminist scholars, historians, art historians, anthropologists, and political scientists.