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020 ▼a 9781400887958 ▼q (electronic bk.)
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020 ▼z 9780691163260
020 ▼z 9780691163253
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1001 ▼a Campbell, John L., ▼d 1952-, ▼e author.
24514 ▼a The paradox of vulnerability : ▼b states, nationalism, and the financial crisis / ▼c John L. Campbell, John A. Hall. ▼h [electronic resource]
260 1 ▼a Princeton, New Jersey ; ▼a Woodstock, Oxfordshire : ▼b Princeton University Press, ▼c [2017]
300 ▼a 1 online resource (xiv, 190 pages).
336 ▼a text ▼b txt ▼2 rdacontent
337 ▼a computer ▼b c ▼2 rdamedia
338 ▼a online resource ▼b cr ▼2 rdacarrier
4901 ▼a Princeton studies in global and comparative sociology
504 ▼a Includes bibliographical references and index.
5050 ▼a Cover; Title; Copyright; CONTENTS; Preface; Acknowledgments; Acronyms; 1 Groundwork; 2 Denmark; 3 Ireland; 4 Switzerland; 5 Conclusion; References; Index.
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.
5880 ▼a Vendor-supplied metadata.
590 ▼a Master record variable field(s) change: 050
61127 ▼a Global Financial Crisis (2008-2009) ▼2 fast ▼0 (OCoLC)fst01755654
648 7 ▼a 2000-2099 ▼2 fast
650 0 ▼a Economic history ▼y 21st century.
650 0 ▼a Economics ▼x Sociological aspects.
650 0 ▼a Nationalism ▼x Economic aspects.
650 0 ▼a Global Financial Crisis, 2008-2009.
650 7 ▼a BUSINESS & ECONOMICS ▼x Economics ▼x General. ▼2 bisacsh
650 7 ▼a BUSINESS & ECONOMICS ▼x Reference. ▼2 bisacsh
650 7 ▼a POLITICAL SCIENCE ▼x Political Economy. ▼2 bisacsh
650 7 ▼a Economic history. ▼2 fast ▼0 (OCoLC)fst00901974
650 7 ▼a Economics ▼x Sociological aspects. ▼2 fast ▼0 (OCoLC)fst00902213
650 7 ▼a Nationalism ▼x Economic aspects. ▼2 fast ▼0 (OCoLC)fst01033838
651 0 ▼a Western countries ▼x Economic conditions ▼y 21st century.
651 7 ▼a Western countries. ▼2 fast ▼0 (OCoLC)fst01302083
655 4 ▼a Electronic books.
7001 ▼a Hall, John A., ▼d 1949-, ▼e author.
77608 ▼i Print version: ▼a Campbell, John L, 1952- ▼t Paradox of vulnerability. ▼d Princeton : Princeton University Press, [2017] ▼z 9780691163260 ▼w (OCoLC)973808835
830 0 ▼a Princeton studies in global and comparative sociology.
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