Economic Crisis And New Nationalisms

As of a consequence of the economic crisis, in 2010 there was a marked deterioration in cross-border relations between Italy and Germany. The confusion among economists, split between pro-and anti-Euro positions, could do nothing to counter this growing wave of populist nationalism. This books discusses the theoretical issues implied by recent economic policy debates.

Why are small and culturally homogeneous nation-states in the advanced capitalist world so prosperous? Examining how Denmark, Ireland, and Switzerland managed the 2008 financial crisis, The Paradox of Vulnerability shows that this is not an accident. John Campbell and John Hall argue that a prolonged sense of vulnerability within both the state and the nation encourages the development of institutions that enable decision makers to act together quickly in order to survive, especially during a crisis. Blending insights from studies of comparative political economy and nationalism and drawing on both extensive interviews and secondary data, Campbell and Hall support their claim by focusing on the three states historically and, more important, in their different responses to the 2008 crisis. The authors also devote attention to the difficulties faced by Greece and Iceland. The implications of their argument are profound. First, they show that there is a positive side to nationalism: social solidarity can enhance national prosperity. Second, because globalization now requires all states to become more adaptable, there are lessons here for other states, large and small. Lastly, the formula for prosperity presented here is under threat: highly homogeneous societies face challenges in dealing with immigration, with some responding in ways that threaten their success. The Paradox of Vulnerability demonstrates how the size and culture of a nation contribute in significant ways to its ability to handle political and economic pressures and challenges.

This book is the first attempt to bridge the current divide between studies addressing "economic nationalism" as a deliberate ideology and movement of economic 'nation-building', and the literature concerned with more diffuse expressions of economic "nationness"—from national economic symbols and memories, to the "banal" world of product communication. The editors seeks to highlight the importance of economic issues for the study of nations and nationalism, and its findings point to the need to give economic phenomena a more prominent place in the field of nationalism studies. The authors of the essays come from disciplines as diverse as economic and cultural history, political science, business studies, as well as sociology and anthropology. Their chapters address the nationalism-economy nexus in a variety of realms, including trade, foreign investment, and national control over resources, as well as consumption, migration, and welfare state policies. Some of the case studies have a historical focus on nation-building in the nineteenth and early twentieth centuries, while others are concerned with contemporary developments. Several contributions provide in-depth analyses of single cases while others employ a comparative method. The geographical focus of the contributions vary widely, although, on balance, the majority of our authors deal with European countries.

Nationalism and globalisation are two central phenomena of the modern world, that have both shaped and been shaped by each other, yet few connections have been made systematically between the two. This book brings together leading international scholars to examine the effect of globalisation on nationalism, and how the persistence of the nation affects globalisation. With a range of case studies from Europe, the US and Asia, the authors focus on the interaction between globalisation, national identity, national sovereignty, state-formation and the economy. Part one provides theoretical reflections on the flexibility and plasticity of the terms nationalism and globalisation focusing on the ways in which nationalism has shaped and has been shaped by globalising forces. Part two examines the relationship between nationalism and globalisation in different historical eras and different regions, questioning established approaches. Part three focuses on contemporary issues including the economic crisis, labour migration and citizenship and the theme of global culture. The result is a highly topical account that considers the conceptual landscape of Nationalism and Globalisation. With an interdisciplinary approach, Nationalism and Globalisation will be of interest to students and scholars of political science, sociology, history, economics and international relations.

Is economic nationalism an outdated phenomenon in light of globalization? Economic Nationalism in a Globalizing World demonstrates the enduring, and even heightened, economic significance of national identities and nationalism in the current age. The volume's contributors, pioneers in the reinterpretation of economic nationalism, explore diverse ways in which national identities and nationalism continue to shape contemporary economic policies and processes. The authors examine the question in a range of geographical contexts and issues: European Union food politics, competitiveness strategies in New Zealand, East Asian development strategies, Japanese liberalization, monetary politics in Quebec and Germany, and post-Soviet economic reforms. Together, the cases explore the policy breadth of nationalism. It is not just a "protectionist" ideology but is in fact associated with a wide variety of economic policies, including support for economic liberalization and globalization.

In the midst of a worldwide social and economic crisis, John Ralston Saul revisits the role of GlobalismIn 1999, Saul began arguing that Globalism was collapsing. In 2005, he laid out this scenario in The Collapse of Globalism. Now Saul has enlarged the book, showing how today s crisis came about and suggesting what to do next.In this new edition, Saul describes the financial crisis as a mere boil to be lanced. The far more serious problem is that the West remains stuck on outdated ideas of growth, wealth creation and trade expansion.Whereas public policy is still dominated by the people who created this crisis, Saul envisions a new sort of wealth creation and growth, and advocates new forms of action. Declared a prophet by Time magazine, Saul offers prescient insights into today s global crisis.

The author points out the negative aspects of globalism and analyses its successes. Insightful and prophetic. Written by an acclaimed economist.