Description
Book SynopsisThe recent global financial crisis has challenged conventional wisdom, and our conception of globalization has been called into question. This challenging and timely book revisits the relationship between globalization, the crisis and the state from an interdisciplinary perspective, with law, economics and political science underpinning the analysis.
The expert contributors consider the Washington Consensus and its aftermath across Australia, China, the EU, New Zealand and South Africa in light of the financial crisis, encompassing public policy issues including banking reform, privatisation and state owned enterprise. The clash between market and state capitalism and the response of market capitalism to the crisis are also explored.
This book draws together truly multidisciplinary discussions of the main issues for contemporary society in the face of globalization, and defines how these issues relate to each other. As such, it will prove a stimulating read for academics, researchers, postgraduate students and policymakers with an interest in law, economics and politics.
Contributors: M. Ariff, T. Booth, L. Boulle, J. Bröhmer, J. Chen, J.H. Farrar, G.A. Hodge, C.-C. Huang, D.G. Mayes, A. Noon, L. Parsons, M. Regan, C.D. Stoltenberg, S. Watson, M. Wilson, X. Yang
Table of ContentsContents: 1. Globalisation, the Crisis and the State: Introduction John H. Farrar and David G. Mayes PART I: INTERNATIONAL PERSPECTIVES 2. Modernising the State: The New Zealand Experience Margaret Wilson 3. Rebuilding State Systems Post-GFC: The South African Case Laurence Boulle 4. Chinese Multinationals and the State: An Institutional Perspective Xiaohua Yang and Clyde D. Stoltenberg 5. The EU and the Member States: Germany and Supranationalism in Times of Financial Crises Jürgen Bröhmer PART II: COMMERCIAL PERSPECTIVES 6. Corporatisation in Australia: A Queensland Perspective Tahnee Booth and Adrian Noon 7. Putting ‘Why’ Before ‘How’: Evaluating the Rationales for Partial Privatisation of State-owned Enterprises in New Zealand Chye-Ching Huang, Susan Watson and Jenny Chen 8. Public Project Procurement and the Case for Public–Private Partnerships Michael Regan 9. Rethinking the State through the Lens of Regulatory Governance Graeme A. Hodge 10. Developments in Central Banking After the GFC: Central Banks, the State, Globalisation and the GFC Louise Parsons 11. The Euro Crisis David G. Mayes 12. The Governance and Regulation of Sovereign Wealth Funds and Foreign Exchange Reserves in a Post-GFC World Mohamed Ariff and John H. Farrar Index
