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Resilient Liberalism in Europe's Political Economy
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  • Cited by 77
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    This book has been cited by the following publications. This list is generated based on data provided by CrossRef.

    Lux, Julia 2018. Disciplining large member states during the crisis: analyzing the discursive strategies of the EU and German actors on France. Critical Policy Studies, Vol. 12, Issue. 1, p. 44.

    Killick, Anna 2018. Narrative Policy Analysis. p. 241.

    Matteucci, Nicola Minnetti, Silvio and Nanni, Paolo 2018. Economia civile e gioco d'azzardo: la rete Slot Mob e l'esperienza delle Marche. PRISMA Economia - Società - Lavoro, p. 168.

    Ishkanian, Armine and Glasius, Marlies 2018. Resisting neoliberalism? Movements against austerity and for democracy in Cairo, Athens and London. Critical Social Policy, Vol. 38, Issue. 3, p. 527.

    Hernando, Marcos Gonzalez Pautz, Hartwig and Stone, Diane 2018. Think tanks in ‘hard times’ – the Global Financial Crisis and economic advice. Policy and Society, Vol. 37, Issue. 2, p. 125.

    Ferrera, Maurizio 2018. Mass democracy, the welfare state and European integration. European Journal of Social Theory, p. 136843101877917.

    Mercille, Julien and Murphy, Enda 2018. Market, Non-Market and Anti-Market Processes in Neoliberalism. Critical Sociology, p. 089692051878839.

    Cianetti, Licia 2018. Consolidated technocratic and ethnic hollowness, but no backsliding: reassessing Europeanisation in Estonia and Latvia. East European Politics, Vol. 34, Issue. 3, p. 317.

    Pautz, Hartwig 2018. Think tanks, Tories and the austerity discourse coalition. Policy and Society, Vol. 37, Issue. 2, p. 155.

    Anstead, Nick 2018. The Idea of Austerity in British Politics, 2003–2013. Political Studies, Vol. 66, Issue. 2, p. 287.

    van Gerven, Minna and Ossewaarde, Marinus 2018. Beyond the neoliberal paradigm? Images of Social Europe in open method of coordination employment peer reviews. Social Policy & Administration,

    Meardi, Guglielmo 2018. Economic Integration and State Responses: Change in European Industrial Relations since Maastricht. British Journal of Industrial Relations,

    Häyrynen, Simo 2018. Art and the Challenge of Markets Volume 1. p. 155.

    Martin, Cathie Jo 2018. Imagine All the People. World Politics, Vol. 70, Issue. 3, p. 398.

    Kaltwasser, Cristóbal Rovira and Zanotti, Lisa 2018. The comparative (party) politics of the Great Recession: Causes, consequences and future research agenda. Comparative European Politics, Vol. 16, Issue. 3, p. 535.

    Matteucci, Nicola and Pavarin, Raimondo 2018. Editoriale. PRISMA Economia - Società - Lavoro, p. 5.

    Coman, Ramona 2018. How have EU ‘fire-fighters’ sought to douse the flames of the eurozone’s fast- and slow-burning crises? The 2013 structural funds reform. The British Journal of Politics and International Relations, Vol. 20, Issue. 3, p. 540.

    Leibetseder, Bettina 2018. Social investment policies and the European Union: Swimming against the neoliberal tide?. Comparative European Politics, Vol. 16, Issue. 4, p. 581.

    Burns, Charlotte Clifton, Judith and Quaglia, Lucia 2018. Explaining policy change in the EU: financial reform after the crisis. Journal of European Public Policy, Vol. 25, Issue. 5, p. 728.

    Maron, Asa and Helman, Sara 2017. Unravelling the Politics of Activation Reforms: Exploring the Unusual Israeli Trajectory. Social Policy & Administration, Vol. 51, Issue. 3, p. 405.


Book description

Why have neo-liberal economic ideas been so resilient since the 1980s, despite major intellectual challenges, crippling financial and political crises, and failure to deliver on their promises? Why do they repeatedly return, not only to survive but to thrive? This groundbreaking book proposes five lines of analysis to explain the dynamics of both continuity and change in neo-liberal ideas: the flexibility of neo-liberalism's core principles; the gaps between neo-liberal rhetoric and reality; the strength of neo-liberal discourse in debates; the power of interests in the strategic use of ideas; and the force of institutions in the embedding of neo-liberal ideas. The book's highly distinguished group of authors shows how these possible explanations apply across the most important domains - fiscal policy, the role of the state, welfare and labour markets, regulation of competition and financial markets, management of the Euro, and corporate governance - in the European Union and across European countries.


‘Given the abject failure of neo-liberalism's latest policy offering - austerity - to promote growth in Europe, why are neo-liberal ideas and policies still the only game in town? The answer to such a simple question involves multiple threads of explanation, linking powerful interests to ideational plasticity, and institutional stickiness. Schmidt, Thatcher, and their collaborators have delivered a volume that gives us powerful answers to these pressing questions.’

Mark Blyth - author of Austerity: The History of a Dangerous Idea

‘Neo-liberalism persists, paradoxically, as a dominant approach to European policymaking despite mountains of evidence showing that it fails to deliver on its promises. In Resilient Liberalism in Europe's Political Economy an outstanding team of social scientists explains this paradox by showing how neo-liberalism’s malleability, partial implementation, discursive and institutional advantages and powerful supporters have frustrated most efforts to sweep it aside. In doing so they provide lessons about how we might defend against neo-liberalism in the future …’

John L. Campbell - Class of 1925 Professor, Dartmouth College, and Professor of Political Economy, Copenhagen Business School

‘The neo-liberal trust in efficient markets has failed dramatically in the present crises, but the paradigm still seems to shape economic and social policies in Europe. The contributors to this volume have documented the resilience of neo-liberal beliefs and practices in a range of crucial policy fields and they succeed in explaining specific policy trajectories within a common frame of reference. Intellectually exciting and immensely enlightening.’

Fritz W. Scharpf - Director Emeritus, Max Planck Institute for the Study of Societies, Cologne

'The major contribution made by this volume, then, is not the rigid definition of an ideology, but the identification of particular traits of Anglophone capitalism that have spread under a particular moniker … any scholar working in analysis of modern political economy would do well to study this volume. It contains many insights that are cogent with topical debates.'

Greg Barnes Source: Journal of Common Market Studies

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