Varieties and crises of neoliberal globalisation: Argentina,Turkey and the imf

Argentina and Turkey are two important ‘emerging market countries’ that experienced a major economic crisis during the same year. Focusing on the period leading up to the respective 2001 crises in the two countries, this article attempts to place the two experiments in historical perspective and provide an understanding of the common elements as well as the diversity of the neoliberal restructuring process in semi-peripheral settings. The article also attempts to identify some of the key mistakes made by the imf, which was, in part, responsible for the crises experienced. A central conclusion is that ‘new’ or unconsolidated democracies find themselves particularly vulnerable when they are suddenly and prematurely exposed to financial and capital account liberalisation. The outcome is a highly fragile, debt-led growth path with costly consequences. Indeed, although both countries have managed to accomplish impressive recoveries in the post-crisis period, given their past trajectories and the heavy debt burden that they face, it is too early to say that the recovery process will be translated into sustained and crisis-free growth. The regional environment in which the two countries find themselves might be particularly important in this context, with the powerful EU anchor a possible important advantage in the Turkish context.     

Monopolising the Centre: The AKP and the Uncertain Path of Turkish Democracy

The loss of reform momentum and rising authoritarianism during the most recent phase of AKP government indicate that Turkish democracy is in crisis. Although the Gezi protests emerged as a movement from below reacting to the rising authoritarianism of the AKP government, it did not turn into an organised and sustainable movement. Similarly, external anchors or reputational effects are failing to reverse the backsliding of Turkish democracy. The notion of ‘bounded communities’ is a key concept in accounting for the continued dominance of Erdo?an and the AKP in the face of significant pressure for change. Erdo?an’s victory in the August 2014 presidential elections generates both benign and pessimistic scenarios for the future of Turkish democracy.     

Anti-Immigrant Parties,Local Presence and Electoral Success

Abstract

Does the local organisational presence of anti-immigrant parties affect their chances for electoral success? In order to answer this question, the article explores the potential of a supply-oriented explanation to anti-immigrant party success by examining the electoral advancements the Sweden Democrats (SD) made in the 2006 and 2010 elections. Our results indicate that traditional demand-side explanations to anti-immigrant party success can be successfully complemented by an ‘internal supply-side argument’ to make the electoral fates of these parties more intelligible. Whether the SD had a local organisational presence had a substantial effect on its results in the national election and on the probability of gaining representation in local councils. Thus, the party’s fate in the national as well as local elections was largely determined by whether or not it had a local organisational presence in Swedish municipalities.     

If You Want a Middle Class Keep Your Industrial Base

The future of the European Union has never been more in doubt than at the very moment it has been awarded the Nobel Peace Prize for its historical accomplishments. When the heads of Europe's weakest institutions—the Commission, the Council and the Parliament—collected the prize in Oslo on December 10, 2012 they spotlighted the nub of the problem. Unless these institutions can garner the legitimacy of European citizens and transform into a real federal union with common fiscal and economic policies to complement the single currency, Europe will remain at the mercy of global financial markets and the fiscally authoritarian dictates of its strongest state, Germany. Moving beyond this state of affairs was the focus of a recent “town hall” gathering in Berlin sponsored by the Berggruen Institute on Governance. The meeting brought together current power brokers—such as the contending voices of German Finance Minister Wolfgang Schäuble and French Finance Minister Pierre Moscovici, who rarely appear in public together—as well as Europe's top former leaders, key thinkers and young people who will govern in the future. The peace‐building project of the European Union was born out of the ashes of World War II and the anguish of the Cold War. Yet, as George Soros points out, its current inability to resolve the eurocrisis by forging greater union is dividing Europe once again, this time between creditors and debtors. Former Greek premier George Papandreou has warned that this division is fomenting a new politics of fear that is giving rise to the same kind of xenophobic movements that fueled the extreme politics of the Nazi era. To avoid a repeat of the last calamitous century, Europe first of all needs a growth strategy both to escape the “debt trap” it is in—and which austerity alone will only deepen—and to create breathing space for the tough structural reforms that can make Europe as a whole competitive again in a globalized world. To sustain reform, it needs a clear path to legitimacy for the institutions that must govern a federal Europe. The proof that Europe can escape its crisis through a combination of growth, fiscal discipline and structural reform comes from the one country so many want to keep out of the union: Turkey. Prime Minister Recep Tayyip Erdogan rightfully boasts of Turkey's accomplishments that resulted from the difficult changes carried out after its crisis in 2001—ranging from quickly cleaning up the banks to liberalizing markets to trimming social benefits to make them more affordable in the long run. As a result, Turkey today is the fastest growing economy in the world alongside China with diminished deficit and debt levels that meet the eurozone criteria that many members states themselves cannot today meet. Turkey has even offered a 5 billion euro credit through the IMF for financial aid to Europe. Germany itself also provides some lessons for the rest of Europe. The obvious reason Germany rules today is because it is the most globally competitive country in the European Union. That is the result of a series of reforms that were implemented starting in 2003 under the leadership of then‐chancellor Gerhard Schröder. Aimed a bolstering Germany's industrial base and its collateral small and medium enterprises which are the foundation of its middle class society, those reforms introduced more labor flexibility and trimmed benefits to make them sustainably affordable while investing in training, maintaining skills and research and development. Even if Europe's individual nation states can shrink imbalances by following Turkey and Germany in getting their act together, the only ultimate way to save the euro, and thus Europe itself, is to build the complementary governing institutions at the European level. For those institutions to become effective, they must be empowered and legitimated by European citizens themselves. To this end, Tony Blair has suggested a bold move: the direct election of a European president. Symbolically, the Oslo ceremonies were a historical turning point for Europe. By recognizing the European Union's peace‐making past, the Nobel Prize challenged Europe to escape once and for all the destructive pull of narrow national interests and passions.     

When Private Talk Becomes Public Political Expression: Examining a Practice-Field Hypothesis of Youth Political Development

Previous research indicates the importance of interpersonal communication in the political socialization process. Investigations of political talk have mostly been restricted to frequency, and the theorizing of its effects centered on cognitive outcomes such as knowledge and ideological identification. This study examined the part played by private political talk in promoting expressive forms of political participation among adolescents. Recent survey panel data from Swedish 13–18-year-olds were analyzed. Results showed that frequency of private political talk predicted the extent of public political expression even when self-selection and previous levels of political expression were accounted for. Data offered some support for an expected interaction of private political talk and political interest in predicting public expression. The overall findings are consistent with the theoretical idea that political talk offers adolescents opportunities to enact participation in safe settings, and that this is a mechanism that can explain why talking about politics is favorable for political development during adolescence.     

Sustainable reintegration to returning refugees in post-Taliban Afghanistan: land-related challenges

The lives of millions of people around the world continue to be thwarted with violence, obliging them to flee from their own country or community mainly for reasons of persecution and armed conflict. Resolving this problem is a complex and pressing challenge. This is because of their needs not only while in exile, but also during their return home as the situation improves, ensuring their rights to protection and sustaining their reintegration requirements. This article focuses on the return of refugees in post-war situations, and the challenges and complexities of ensuring a durable return and sustainable reintegration in the country of return. It focuses on ‘land’, and the concerns and complexities surrounding it as one of the key obstacles to the sustainability of return and reintegration. Within a general discussion, the issue of land is explored by looking at it in the context of returnee reintegration against the backdrop of various aspects such as security, politics, disputes, restitution and livelihoods. The case in discussion is Afghanistan, referring to the voluminous return of refugees and the challenges in seeking solutions to their reintegration problems since the political changes in late 2001 underlined by the US-led military intervention, the ouster of the Taliban regime and the Bonn Agreement.     

The Emerging Threat? South Africa's Extreme Right

In the run-up to South Africa's first non-racial election in 1994, extremist right-wing organizations, and their sympathizers in the state security forces, posed a real danger to the country's future democratic order. After 1994, violent, right-wing extremist activities virtually dissipated. However, during a single night in late 2002, eight bomb blasts rocked Soweto, South Africa's largest black township. An unknown organization, Boeremag (Boer force/power), claimed responsibility for the bombings. Some two dozen alleged Boeremag members, including serving military officers, were subsequently arrested and charged with terrorism-related offenses. The Boeremag makes an interesting case study of how the extreme white right in South Africa mixes politics and religion, and seeks to exploit popular grievances to garner support for the creation of a secessionist Afrikaner state. The South African white right does not have the resources, capacity, or support to successfully execute a coup d'état. The Boeremag serves as a reminder, however, that the extreme right can create instability and destruction on a significant scale in South Africa.