Moments of Truth: The Politics of Financial Crises in Comparative Perspective fills this gap in the literature by looking at the political repercussions and policy implications of financial crises in comparative perspective, using case studies in Latin America, Korea, and Russia, as well as the contemporary crises in the US and in key European countries. Contributors to this volume look at the crises as critical junctures that generate high levels of uncertainty while calling for decisive action. The chapters emphasize structural or agency based explanations and give relevance to the role of ideas, interests, and institutions in explaining different outcomes. The questions addressed by the case studies include: how the crises were defined by key actors, the range of political and policy options available to deal with their impact, the role of ideas in policy shifts, how political and economic actors redefine their interests in contexts of uncertainty, how political institutions mediate reactions to the crises, what explains the choice of a certain option over other alternatives, and whether the crisis has (so far) resulted in significant political and policy changes or in incremental adjustments to the status quo.
The first book to comparatively analyze the political dimensions of financial crises across different global regions, Moments of Truth will be highly significant for any scholars interested in the contemporary debate on financial crises.
Francisco Panizza is Reader in Latin American Politics at the London School of Economics and Political Science.
George Philip is Professor in Latin American Politics and Comparative Politics at the London School of Economics and Political Science.
The authors show how the consensual market oriented policymakingthat characterized almost all of South America in the 1990s has nowgiven way to something quite different. Polarization and intensepolitical conflict have returned to much of the region. Althoughthe Left has not always been the beneficiary of this changedpattern, the ‘21st century' governments of Chavez, Moralesand Correa have been agenda setters. The questions raised by theiremergence, style of governance and policy orientations resonateacross Latin America and beyond. It is likely that the kind ofpolitics with which they have been associated will be influentialin the region for quite some time to come.
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In this thought- provoking book, established academics as well as emerging scholars in the field collect (and invite) scholarship in the tradition of conceptual comparative politics. The book posits that concepts may be used comparatively as ‘lenses’, ‘building blocks’ and ‘scripts’, and contributors show how these conceptual tools can be employed in original comparative research. Importantly, contributors to Conceptualising Comparative Politics do not simply use concepts in one of these three ways but they apply them with careful consideration of empirical variation. The chapters included in this volume address some of the most contentious issues in comparative politics (populism, state capacity, governance, institutions, elections, secularism, among others) from various geographic regions and model how scholars doing comparative politics might approach such subjects.
Concepts make possible scholarly conversations including creative confrontations across paradigms. Conceptualising Comparative Politics will challenge you to think of how to engage in conceptual comparative inquiry and how to use various methodologically sound techniques to understand and explain comparative politics.
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