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Assessing the Economic Rise of China and India
The recent economic rise of China and India has attracted a great deal of attention--and justifiably so. Together, the two countries account for one-fifth of the global economy and are projected to represent a full third of the world's income by 2025. Yet, many of the views regarding China and India's market reforms and high growth have been tendentious, exaggerated, or oversimplified. Awakening Giants, Feet of Clay scrutinizes the phenomenal rise of both nations, and demolishes the myths that have accumulated around the economic achievements of these two giants in the last quarter century. Exploring the challenges that both countries must overcome to become true leaders in the international economy, Pranab Bardhan looks beyond short-run macroeconomic issues to examine and compare China and India's major policy changes, political and economic structures, and current general performance.
Bardhan investigates the two countries' economic reforms, each nation's pattern and composition of growth, and the problems afflicting their agricultural, industrial, infrastructural, and financial sectors. He considers how these factors affect China and India's poverty, inequality, and environment, how political factors shape each country's pattern of burgeoning capitalism, and how significant poverty reduction in both countries is mainly due to domestic factors--not global integration, as most would believe. He shows how authoritarianism has distorted Chinese development while democratic governance in India has been marred by severe accountability failures.
Full of valuable insights, Awakening Giants, Feet of Clay provides a nuanced picture of China and India's complex political economy at a time of startling global reconfiguration and change.
Conflict and Consensus in Post-Pinochet Chile
Michelle Bachelet was the first elected female president of Chile, and the first women elected president of any South American country. What was just as remarkable, though less noted, was the success and stability of the political coalition that she represented, the Concertacion. Though Bachelet was the fourth consecutive Concertacion president, upon taking office her administration quickly faced a series of crises, including massive student protests, labor unrest, internal governmental divisions, and allegations of ineptitude and wrongdoing as a result of a major reorganization of Santiago's transportation system.
Candidate Bachelet promised not only different policies but also a different policymaking style--a style characterized by a kinder and gentler approach to politics in a country with a long tradition of machismo and strong male rulers. Bachelet promised to listen to the people and to return power to those who had been denied it in the past. Her attitude enhanced the influence of existing social movements and inspired the formation of new ones.
The Bachelet Government is the first book to examine the policies, political issues, and conflicts of Bachelet's administration, and the first to provide analyses of the challenges, successes, and failures experienced by the Concertacion since 1989.
On March 6, 1933, Franklin D. Roosevelt, less than forty-eight hours after becoming president, ordered the suspension of all banking facilities in the United States. How the nation had reached such a desperate situation and how it responded to the banking "holiday" are examined in this book, the first full-length study of the crisis.
Although the 1920s had witnessed a wave of bank failures, the situation worsened after the 1929 stock market crash, and by the winter of 1932-1933, complete banking collapse threatened much of the nation. President Hoover's stopgap measures proved totally inadequate, the author shows, and by March 4, the day of Roosevelt's inauguration, thirty-four states had declared banking moratoriums. Of special interest in this study is Ms. Kennedy's examination of relations between Herbert Hoover and Franklin D. Roosevelt.
Political Parties and Central Bank Independence in the Industrial Democracies
Banking on Reform examines the political determinants of recent reforms to monetary policy institutions in the industrial democracies. With these reforms, political parties have sought to draw on the political credibility of an independent central bank to cope with electoral consequences of economic internalization and deindustrialization. New Zealand and Italy made the initial efforts to grant their central banks independence. More recently, France, Spain, Britain, and Sweden have reformed their central banks' independence. Additionally, members of the European Union have implemented a single currency, with an independent European central bank to administer monetary policy. Banking on Reform stresses the politics surrounding the choice of these institutions, specifically the motivations of political parties. Where intraparty conflicts have threatened the party's ability to hold office, politicians have adopted an independent central bank. Where political parties have been secluded from the political consequences of economic change, reform has been thwarted or delayed. The drive toward a single currency also reflects these political concerns. By delegating monetary policy to the European level, politicians in the member states removed a potentially divisive issue from the domestic political agenda, allowing parties to rebuild their support constructed on the basis of other issues. William T. Bernhard provides a variety of evidence to support his argument, such as in-depth case accounts of recent central bank reforms in Italy and Britain, the role of the German Bundesbank in the policy process, and the adoption of the single currency in Europe. Additionally, he utilizes quantitative and statistical tests to enhance his argument. This book will appeal to political scientists, economists, and other social scientists interested in the political and institutional consequences of economic globalization. William T. Bernhard is Assistant Professor of Political Science, University of Illinois, Urbana-Champaign.
Activism in an Aspiring Muslim Democracy
Gender relations in Muslim-majority countries have been subject to intense debate in recent decades. In some cases, Muslim women have fought for and won new rights to political participation, reproductive health, and education. In others, their agendas have been stymied. Yet missing from this discussion, until now, has been a systematic examination of how civil society groups mobilize to promote women’s rights and how multiple components of the state negotiate such legislation.
In Bargaining for Women’s Rights, Alice J. Kang argues that reform is more likely to happen when the struggle arises from within. Focusing on how a law on gender quotas and a United Nations treaty on ending discrimination against women passed in Niger while family law reform and an African Union protocol on women’s rights did not, Kang shows how local women’s associations are uniquely positioned to translate global concepts of democracy and human rights into concrete policy proposals. And yet, drawing on numerous interviews with women’s rights activists as well as Islamists and politicians, she reveals that the former are not the only ones who care about the regulation of gender relations.
Providing a solid analytic framework for understanding conflict over women’s rights policies without stereotyping Muslims, Bargaining for Women’s Rights demonstrates that, contrary to conventional wisdom, Islam does not have a uniformly negative effect on the prospects of such legislation.
With so much attention paid to America's war on terror in Afghanistan and Iraq, the world has all but forgotten the spread of terrorism in other regions. From South Asia to South America, terrorist groups are on the rise. One of the most dangerous regions is the greater Horn of Africa along with Yemen, its volatile neighbor. This book offers authoritative insight into the struggle against terrorism in the Horn—what has been done and what work remains. Robert Rotberg and his colleagues analyze the situation in Djibouti, Eritrea, Ethiopia, Kenya, Somalia, Sudan, and Yemen. The esteemed contributors are prominent scholars and practitioners, including several former U.S. ambassadors. Their contributions reveal how each country's government —with or without U.S. help—is (or is not) working to combat terrorism within its own borders and to prevent its spread. Rotberg provides an overview of the entire region, drawing lessons particularly for U.S. policy. Ba ttling Terror in the Horn of Africa is a handbook on what needs to be done at the tension-filled crossroads of Arabia and Africa. It is important reading for all those with an interest in African or Middle Eastern affairs or the need to learn more about international terrorism. Contributors include Robert D. Burrowes (University of Washington), Timothy Carney (former U.S. ambassador to Sudan), Johnnie Carson (former ambassador to Kenya), Dan Connell (Grassroots International), Kenneth J. Menkhaus (Davidson College), Robert I. Rotberg (Harvard University), and Lange Schemerhorn (former ambassador to Djibouti).
Nationalist Reforms and Cultural Negotiations in Early Republican Turkey, 1923-1945
“Becoming Turkish” seeks to provide a better understanding of the modernist nation-building processes in post-Ottoman Turkey through a rare perspective in the field that stresses the social and cultural dimensions and everyday negotiations that occurred during the leadership of Mustafa Kemal. Employing an interdisciplinary approach and drawing on a wide range of primary sources, including new archival evidence and oral histories, Yilmaz’s work delineates several specific examples of how individuals become Turkish citizens. She examines how Republican reforms were implemented and how they effected social and cultural change. By focusing on four specific areas of the state’s attempt to produce a new “Turk” and a modern Turkish nation (men’s clothing, women’s dress, language, and celebrations), she shows how individuals and communities received, reacted to, negotiated, and experienced reforms in their everyday lives. While the emphasis of the book is on the Turkish experience specifically, “Becoming Turkish” offers rich insights into similar processes throughout the Middle East and in other Islamic and colonial contexts which will arguably become more relevant every day.
An Economic History of Russia from Emancipation to the First Five-Year
In a work with significant implications for present-day economic reform in the Soviet Union, Paul Gregory examines Russian and Soviet economic history prior to the installation of the administrative command system. By drawing on basic economic statistics from 1861 to the 1930s, Gregory's revisionist account debunks a number of myths promulgated by historians in both the East and the West. He demonstrates that the Russian economy under the tsars performed much better than has previously been supposed; the Russian economy and its financial institutions were integrated into the world economy, allowing Russia to attract significant foreign capital. Furthermore, he shows that Stalin's justifications for the abandonment of the New Economic Policy in the late 1920s were incorrect: the so-called crises of NEP were either fabricated or the result of misguided economic thinking.
Before Command is the culmination of the author's lifelong study of the economic history of Russia and the Soviet Union. In convincing detail it describes little-known Russian and Soviet successes with market capitalism, while it also shows the problems inherent in a mixed system, such as the NEP, which seeks to combine very strong elements of command with market resource allocation.
Originally published in 1994.
The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These paperback editions preserve the original texts of these important books while presenting them in durable paperback editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Abortion Policy in the States
Public Debt, Inequality, and the Intellectual Origins of the French Revolution
Ever since the French Revolution, Madame de Pompadour's comment, "Après moi, le déluge" (after me, the deluge), has looked like a callous if accurate prophecy of the political cataclysms that began in 1789. But decades before the Bastille fell, French writers had used the phrase to describe a different kind of selfish recklessness--not toward the flood of revolution but, rather, toward the flood of public debt. In Before the Deluge, Michael Sonenscher examines these fears and the responses to them, and the result is nothing less than a new way of thinking about the intellectual origins of the French Revolution.
In this nightmare vision of the future, many prerevolutionary observers predicted that the pressures generated by modern war finance would set off a chain of debt defaults that would either destroy established political orders or cause a sudden lurch into despotic rule. Nor was it clear that constitutional government could keep this possibility at bay. Constitutional government might make public credit more secure, but public credit might undermine constitutional government itself.
Before the Deluge examines how this predicament gave rise to a widespread eighteenth-century interest in figuring out how to establish and maintain representative governments able to realize the promise of public credit while avoiding its peril. By doing so, the book throws new light on a neglected aspect of modern political thought and on the French Revolution.