Towards A Political Economy Of Ukraine Selected Essays 1990 2015

The essays in this book explore the major developments, both domestic and international, that shaped the first quarter-century of Ukraine’s independence: the simultaneous construction of a nation-state and the privatization of its economy; a formal democratization of the political process alongside the capture of state institutions by big business oligarchs; their efforts to gain social acceptance at home while maneuvering between competing Russian, EU, and American projects to hegemonize the region; the impact of the financial crises of 1997 and 2008 on Ukrainian society and the national economy’s place in the world market; the growing inequality of society, the mass revolts in 2004 and 2014 against corruption and injustice; and the beginning of Russian military intervention in Ukraine.

State Power and the Development of Capitalism -- The Working Class -- Social Democracy and the National Question -- February to October 1917 -- November 1917: Attempts at Reconciliation -- December: The Failure of Reconciliation -- The First Treaty of Brest Litovsk -- Battles for Kyiv -- Kyiv under Bolshevik Rule -- The Pogroms in March and April 1918 -- Resistance to the Austro-German Occupation -- Last Days of the Rada.

Did NATO cause the crisis in Ukraine? Following the Russian invasion of Ukraine, the fortunes of NATO—pronounced “braindead” only a few years prior—have been miraculously revived. The alliance, buoyed by surging European military budgets and inflows of combat-ready troops and cutting-edge hardware, looks forward to welcoming additional member states. Originally conceived as a bulwark against the Soviet Union, NATO has outlasted its ostensible foe by over three decades. Its geostrategic remit is limited to the North Atlantic in name only. Treaty obligations range from the Andes to the Gulf of Aden and the Khyber Pass, and allied commanders now prepare for battle in the South China Sea. Natopolitanism takes an in-depth look at the evolution and aggrandizement of NATO since the turn of the 1990s. What purposes does NATO serve in the post-Cold War world? What is the balance sheet of a quarter century of alliance expansion, and what part did it play in the eruption of conflict on Europe’s eastern marches? Contributors to the volume, including John J. Mearsheimer, Mary Elise Sarotte, Susan Watkins, Wolfgang Streeck, and Volodymyr Ishchenko, revisit this this history as it unfolded. Varying in viewpoint and judgment, all share a critical perspective at odds with wartime pieties.

Since the breakup of the Soviet Union in 1991, former Soviet republic Ukraine has struggled against its “giant neighbor to the north”—Russia— to maintain its sovereignty. In early 2014 tensions turned to conflict as Vladimir Putin, determined to keep Ukraine from forging stronger ties with the West, seized Crimea and fomented conflict in eastern Ukraine. In the latest Brookings essay, Chrystia Freeland, a former Ukrainian-based reporter with strong family ties to the country, offers a personal reflection on the conflict and the sentiment of the Ukrainian people. She highlights the fact that despite historic, cultural, and linguistic ties between the two countries, Ukrainians stand defiant in their desire for independence.

The book, written by Ukrainian scholars, explores in interdisciplinary approach the revolutionary 2013-2014 Euromaidan and its social, political and cultural results. The contributors identify various factors of Ukraine's upheavals, explore their impact on the European and global politics and analyse the challenges of the reforms for the country.

The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Anthony de Jasay is arguably one of the most independent thinkers and influential libertarian political philosophers of our time. Jasay challenges the reigning paradigms justifying modern democratic government, critiquing what he regards as the well-intentioned but illinformed arguments favoring the modern expansion of state power. The articles collected in "Political Economy, Concisely" are exactly what the title promises: a collection of concise essays that examine the political economy of a free society. Written for the general reader and specialist alike, these essays articulate a convincing classical liberal view of the world, with a no-nonsense approach to modern economic theory. Many of the articles are collected here for the first time in book form. Jasay's aim here is to clarify basic concepts in the realm of political and economic philosophy, such as property, equality and distributive justice, public goods, unemployment, opportunity costs, and welfare. His trenchant comments on European economics and political systems provide specifics that support his more general observations of the modern world. Arranged topically, these essays reflect the wit and intellectual elegance of their author, challenging conventional wisdom in a subtle yet incisive manner. Russian and French tragicomedies are used as striking illustrations of the fact that the human mind seems to be characteristically unwilling to endorse economic common sense against the myth of the beneficial effects of government control. Such lively topics as "How to Get a Free Lunch: Just Apply for It"; "Your Dog Owns Your House"; "Russia Hobbling Along on Clay Feet"; "Who Minds the Gap?" and "Free Riding on the Euro" both entertain and instruct. The topical arrangement within the sequence of the seven parts of the text provides a meaningful context for the reader and allows information to be accessed in a comprehensible manner. This book gives a jargon-free economic account of important matters in our daily lives. Its emphasis on the political rather than the ordinary business of life fills the need for revitalising classical political economy, concisely.

‘One of the most powerful books in the social sciences ever written. ... A must-read’ Thomas Piketty 'The twentieth century's most prophetic critic of capitalism' Prospect Karl Polanyi's landmark 1944 work is one of the earliest and most powerful critiques of unregulated markets. Tracing the history of capitalism from the great transformation of the industrial revolution onwards, he shows that there has been nothing 'natural' about the market state. Instead of reducing human relations and our environment to mere commodities, the economy must always be embedded in civil society. Describing the 'avalanche of social dislocation' of his time, Polanyi’s hugely influential work is a passionate call to protect our common humanity. ‘Polanyi's vision for an alternative economy re-embedded in politics and social relations offers a refreshing alternative’ Guardian ‘Polanyi exposes the myth of the free market’ Joseph Stiglitz With a new introduction by Gareth Dale