Pablo Beramendi is Associate Professor of Political Science at Duke University, North Carolina. He is the author of The Political Geography of Inequality (Cambridge, 2013), winner of the 2013 APSA Best Book Award from the European Politics and Society section and 2014 Honorable Mention recipient of the APSA Luebbert Best Book Award.
Silja Häusermann is Professor of Political Science at the University of Zurich. She is the author of The Politics of Welfare Reform in Continental Europe: Modernization in Hard Times (Cambridge, 2010).
Herbert Kitschelt is George V. Allen Professor of International Relations at Duke University, North Carolina. His recent publications include Latin American Party Systems (coauthored, Cambridge, 2010) and Patrons, Clients, and Policies (coedited, Cambridge, 2007).
Hanspeter Kriesi holds the Stein Rokkan Chair in Comparative Politics at the European University Institute in Florence. From 2005 to 2012, he served as director of a Swiss national research program on the challenges to democracy in the twenty-first century.
This volume provides a rich understanding of the complexity of U.S. economic policy, explaining how public policies become embedded in bureaucracy and reinforced by organized beneficiaries and public expectations. This path-dependent layering process helps students better understand the underlying historical dynamics, which provide a clearer sense of the constraints faced by policymakers now and in the future.
The revisions to the second edition include:
Complete rewrite of the chapter on the recent financial crisis, adding in commentary on the debt ceiling, the fiscal cliff, and other recent events.
New material added and existing material updated in the chapter discussing the two welfare states.
Extensive updates to the coverage of the global economy
Expanded and updated discussion of Obama’s economic policies.
Updates to figures and data throughout the text.
This is an historic opportunity for Latin America. Yet, as Stanford economist and former Peruvian President Alejandro Toledo points out in his new book, The Shared Society, social strife threatens to undermine its recent economic and political progress. The specter of unsustainable growth and greed threatens to compromise the environment. Economic growth rates could slow and democracy could deteriorate into familiar forms of authoritarian populism.
In The Shared Society, Toledo, whose tenure as president of Peru helped spur its economic renaissance, develops a plan for a future Latin America in which its population is not only much better off economically than today, but in which the vast 40 percent of Latin America's poor and marginalized are incorporated into a rising middle class, democratic institutions work more effectively, and the extraordinary ecosystem of Latin America is preserved. This is Toledo's vision for a just, sustainable, and prosperous shared society.
To achieve this, Toledo lays out a set of principles and concrete, implementable ideas with which Latin Americans can reinvent themselves as a leading force for change in a continuously globalizing society beset by inequalities and global problems such as climate change and shortages of clean drinkable water, food security, human rights violations and weak democratic institutions. Toledo argues that only extraordinary efforts of vision, determination, courage and inspired leadership will set Latin America on the path to inclusive development, and this book provides a visionary manifesto and blueprint for creating that ideal shared society.