The Paradox of Vulnerability: States, Nationalism, and the Financial Crisis
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 prolonge...
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| Hauptverfasser: | , |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Princeton, NJ
Princeton University Press
[2017]
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| Schriftenreihe: | Princeton Studies in Global and Comparative Sociology
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| Schlagworte: | |
| Online-Zugang: | FHA01 FKE01 FLA01 UPA01 UBG01 FAW01 FAB01 FCO01 Volltext |
| Zusammenfassung: | 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 |
| Beschreibung: | Description based on online resource; title from PDF title page (publisher's Web site, viewed 19. Jan 2018) |
| Beschreibung: | 1 online resource 3 line illus. 1 table |
| ISBN: | 9781400887958 |
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| 520 | |a 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 | ||
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Datensatz im Suchindex
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| any_adam_object | |
| author | Campbell, John L. Hall, John A. |
| author_facet | Campbell, John L. Hall, John A. |
| author_role | aut aut |
| author_sort | Campbell, John L. |
| author_variant | j l c jl jlc j a h ja jah |
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| ctrlnum | (ZDB-23-DGG)9781400887958 (OCoLC)1011366286 (DE-599)BVBBV044744082 |
| dewey-full | 330.9 |
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| dewey-ones | 330 - Economics |
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| discipline | Wirtschaftswissenschaften |
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| spelling | Campbell, John L. aut The Paradox of Vulnerability States, Nationalism, and the Financial Crisis John L. Campbell, John A. Hall Princeton, NJ Princeton University Press [2017] © 2017 1 online resource 3 line illus. 1 table txt rdacontent c rdamedia cr rdacarrier Princeton Studies in Global and Comparative Sociology Description based on online resource; title from PDF title page (publisher's Web site, viewed 19. Jan 2018) 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 In English Economic history 21st century Economics Sociological aspects Global Financial Crisis, 2008-2009 Nationalism Economic aspects Hall, John A. aut https://www.degruyter.com/doi/book/10.1515/9781400887958 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Campbell, John L. Hall, John A. The Paradox of Vulnerability States, Nationalism, and the Financial Crisis Economic history 21st century Economics Sociological aspects Global Financial Crisis, 2008-2009 Nationalism Economic aspects |
| title | The Paradox of Vulnerability States, Nationalism, and the Financial Crisis |
| title_auth | The Paradox of Vulnerability States, Nationalism, and the Financial Crisis |
| title_exact_search | The Paradox of Vulnerability States, Nationalism, and the Financial Crisis |
| title_full | The Paradox of Vulnerability States, Nationalism, and the Financial Crisis John L. Campbell, John A. Hall |
| title_fullStr | The Paradox of Vulnerability States, Nationalism, and the Financial Crisis John L. Campbell, John A. Hall |
| title_full_unstemmed | The Paradox of Vulnerability States, Nationalism, and the Financial Crisis John L. Campbell, John A. Hall |
| title_short | The Paradox of Vulnerability |
| title_sort | the paradox of vulnerability states nationalism and the financial crisis |
| title_sub | States, Nationalism, and the Financial Crisis |
| topic | Economic history 21st century Economics Sociological aspects Global Financial Crisis, 2008-2009 Nationalism Economic aspects |
| topic_facet | Economic history 21st century Economics Sociological aspects Global Financial Crisis, 2008-2009 Nationalism Economic aspects |
| url | https://www.degruyter.com/doi/book/10.1515/9781400887958 |
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