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The Rise of Neoliberalism and Institutional Analysis - John L. Campbell

The Rise of Neoliberalism and Institutional Analysis

By: John L. Campbell (Editor), Ove K. Pedersen (Editor)

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Published: 12th August 2001
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The last quarter century has been marked by the ascension of neoliberalism--market deregulation, state decentralization, and reduced political intervention in national economies. Not coincidentally, this period of dramatic institutional change has also seen the emergence of several schools of institutional analysis. Though these schools cut across disciplines, they have remained isolated from and critical of each other. This volume brings together four--rational choice, organizational, historical, and discursive institutionalism--to examine the rise of neoliberalism. In doing so, it makes tremendous methodological strides while substantively enlarging our knowledge about neoliberalism.

The book comprises original empirical studies by top scholars from each school of analysis. They examine neoliberalism's rise on three continents and explore changes in macroeconomic policy, labor markets, taxation, banking, and health care. Neoliberalism appears as much more complex, diverse, and contested than is often appreciated. The authors find that there is no convergence toward a common set of neoliberal institutions; that neoliberalism does not incapacitate states; and that neoliberal reform does not necessarily yield greater efficiency than other institutional arrangements. Beyond these important empirical contributions, this book is a methodological milestone in that it compares different schools of institutionalist analysis by seeing how they tackle a common problem. It reveals a second movement within institutionalism--one toward rapprochement and cross-fertilization among paradigms--and explains how this might be furthered with benefits throughout the social sciences.

In addition to the editors, the contributors are Sarah L. Babb, Ellen M. Bradburn, Bruce G. Carruthers, Terence C. Halliday, Colin Hay, Edgar Kiser, Peter Kjaer, Jack Knight, Aaron Matthew Laing, David Strang, and Bruce Western.

List of Tablesp. vii
List of Figuresp. ix
Prefacep. xi
List of Contributorsp. xiii
Introduction
The Rise of Neoliberalism and Institutional Analysisp. 1
Rational Choice Institutionalismp. 25
Explaining the Rise of Neoliberalism: The Mechanisms of Institutional Changep. 27
Have We Overestimated the Effects of Neoliberalism and Globalization? Some Speculations on the Anomalous Stability of Taxes on Businessp. 51
Historical Institutionalismp. 69
Institions, Investment, and the Rise in Unemploymentp. 71
Institutionalizing Markets, or the Market for Institutions? Central Banks, Bankruptcy Law, and the Globalization of Financial Marketsp. 94
Organizational Institutionalismp. 127
Theorizing Legitimacy or Legitimating Theory? Neoliberal Discourse and HMO Policy, 1970-1989p. 129
Institutional Analysis and the Role of Ideas in Political Economyp. 159
Discursive Institutionalismp. 191
The "Crisis" of Keynesianism and the Rise of Neoliberalism in Britain: An Ideational Institutionalist Approachp. 193
Translating Liberalization: Neoliberalism in the Danish Negotiated Economyp. 219
Conclusion
The Second Movement in Institutional Analysisp. 249
Indexp. 283
Table of Contents provided by Syndetics. All Rights Reserved.

ISBN: 9780691070872
ISBN-10: 0691070873
Audience: Tertiary; University or College
Format: Paperback
Language: English
Number Of Pages: 304
Published: 12th August 2001
Country of Publication: US
Dimensions (cm): 23.42 x 15.65  x 1.93
Weight (kg): 0.43