Suchergebnisse

AbstractThe current global financial crisis has led to renewed efforts to strengthen the formal rules and organizations of transnational economic governance. A substantial body of research in sociology and related fields suggests that the informal norms, values, expectations, and ideas that make up a world culture are equally important for understanding why countries cooperate, and why those cooperative efforts sometimes fail. This article explores these insights, showing how they can be applied to current debates about transnational economic governance, by paying particular attention to the emergence, adoption, and evolution of the Basel Capital Accords.

Since the arrival of Secretary of Defense Rumsfeld, the discourse of American military strategy has been framed around a Revolution in Military Affairs (RMA). This article takes up the question of whether the RMA discourse represents a real strategic shift through an examination of the distribution of Defense Department spending on procurement across economic sectors and geographical space for the period 1990 to 2004. Detailed analysis of procurement data shows that the RMA builds on an earlier transformation in the United States' defense posture around the post—cold war disarmament rather than signal a new era for the military.

A review essay on books by (1) Robert Shiller, The Subprime Solution (Princeton: NJ, Princeton U Press, 2008); & (2) George Soros, The New Paradigm for Financial Markets (New York: Public Affairs Press, 2008).

In recent years China has positioned itself as a global economic leader, working through its "Belt and Road" initiative (BRI) and Asian Infrastructure Investment Bank (AIIB), to not only expand its global economic reach, but to organize and lead global economic relations. China's rise is largely understood in economic terms, but the history of global power dynamics suggests that such leadership is built on both economic and political-military foundations. This paper explores the structural relationship between China's economic and political-military relationships with other states over the period 1993 to 2015. Drawing on a wide variety of data sources, we present a multi-dimensional analysis that measures the changing size of China's economic and political-military networks, their shifting regional distribution, and the degree of coupling, or decoupling of economic ties from political-military ties. In describing these patterns, we conduct a similar analysis for the United States. This allows us to situate Chinese trends in the context of the structures of U.S. global power. Our analysis points to ways in which China's global rise has been shaped through navigating U.S. global power. Our analysis also shows that China's growing leadership in the global economy builds upon a set of existing political-military relationships that, while their scope and form are quite different from those that the United States built to support its hegemonic ascendency, are nevertheless critical for understanding the mechanisms by which Chinese power and influence has grown in the global political economy.

When and how do tax regimes become sites of social protest and support broader movements of social policy reform? This question has drawn increasing interest from political sociologists and political scientists who have looked at the ways in which tax regimes create political cleavages that create the foundations for major shifts in state policy making or become the focal points of collective identity formation, leading to "tax protests." In this paper we seek to contribute to this line of inquiry through an examination of the politics of Canadian tax policy from 1988 through 2008. What makes this case so compelling is that during these years the debates over tax policy raged over, first, the implementation and, later, the reduction of a federal value-added tax (VAT). However, rather than fueling a broad-based tax protest, debates over the VAT heightened interprovincial political cleavages that allowed the Conservatives to tie the question of the VAT to a broader economic program of typically "neoliberal" reforms: improving private-sector competitiveness and shrinking the size of the state. Drawing on a statistical analysis of the Canadian Election Study and an historical analysis of the conflict over taxation, we show how the federal structure of the Canadian state, and its policies of revenue equalization across the provinces, created an interprovincial adversarial politics that made sales tax reduction a key issue for Canadian voters. Our findings show how recognizing the historically contingent and institutionally specific context of struggles over tax policy helps to explain cross-national variation in the politics of taxation.