News from Governance July, 2013 - An International Journal of Policy, Administration, and Institutions
Co-Editors Alasdair S. Roberts and Robert H. Cox Book Review Editor Clay Wescott
Vogel receives 2013 Levine Prize
Each year, the International Political Science Association's Research Committee on the Structure and Organization of Government (SOG), sponsor of the journal Governance, awards the Levine Prize. The Prize is awarded to a book that makes a contribution of considerable theoretical or practical significance in the field of public policy and administration, takes an explicitly comparative perspective, and is written in an accessible style. It is named in honor of Charles H. Levine, who was an accomplished member of the Research Committee and served on the editorial board of Governance.
This year's prize committee was composed of Daniel Béland (University of Saskatchewan, Chair), Agnes Batory (Central European University), and Sung Deuk Hahm (Korea University).
The Levine Prize for books published in 2012 has been awarded to The Politics of Precaution: Regulating Health, Safety, and Environmental Risks in Europe and the United States (Princeton University Press, 2012), by David Vogel. Vogel is a professor in Political Science and the Haas School of Business at the University of California, Berkeley.
The committee says: "In recent decades, the politics of risk regulation has played a growing role all round the world. In his carefully crafted and compelling book The Politics of Precaution, David Vogel explores the changing transatlantic policy divergence in risk regulation. Dealing with an impressive number of issues, ranging from food safety and agriculture to air pollution, consumer safety and chemicals and hazardous substances, this well-written and policy-relevant book formulates an original framework to explain the regulatory and perception gap between Europe and United States.
"This historically-minded book also covers more than a half century of policy development, from the late 1950s to the present, a period during which the United States lost its status of regulatory leader at the expense of the European Union, where the precautionary principle has become prevalent. This is a convincing and illuminating book on a broad topic that students of risk regulation, environmental policy, and comparative public policy should find most helpful. The Award Committee is pleased to select this excellent book as the 2013 recipient of the Levine Award."
Bussell receives special recognition
The prize committee also gives special recognition to Corruption and Reform in India: Public Services in the Digital Age (Cambridge University Press, 2012), by Jennifer Bussell. Bussell is an assistant professor in Political Science and the Goldman School of Public Policy at the University of California, Berkeley.
The committee says: "This book masterfully draws on both qualitative and quantitative methods to explore the implementation of state-level, IT-based service centers in India. The book convincingly shows how the nature of corruption in each Indian state interacts with political patterns to produce particular policy outcomes. It is a must-read for students of corruption."
Weakness at the center in Greece
"The sovereign debt crisis in Greece has highlighted deep-rooted problems of the reform capacity of the domestic polity," Kevin Featherstone and Dimitris Papadimitriou write in the current issue of Governance. "To what extent might these failures be attributable to the very inner workings of the Greek government at the center?" Featherstone and Papadimitriou conclude that the power of Greek prime ministers has been overstated and that reality of Greek governance is a "solitary center" within a "segmented government." The center lacks "nodality, organizational capacity, and resources. The implications for the ability to steer policy, to monitor and control activities across ministries, and to understand impacts are clear." Read the article
Why French banks survived the crisis
Despite the far-reaching liberalization of the French banking system over the last quarter-century, French banks suffered far less in the financial crisis than banks in the United Kingdom and Germany. In the current issue of Governance, David Howarth asks why. French policymakers were not diehard enthusiasts of liberalization, and continued to emphasize interventions that produced a highly consolidated and closed banking system. An "unintended consequence of state action," Howarth argues, "was that French banks downplayed securitization and the purchase of securitized products, thus limiting the impact of a crisis connected in large part to financial innovation." Read the article
Governance moves up in 2012 impact rankings
Governance is now ranked fourth among journals in Public Administration, according to 2012 Journal Citation Report data on five-year impact factors, released on June 19. Governance was ranked fifth based on five year impact in 2011. The journal is also ranked 18 out of 157 in Political Science, based on the 2012 five-year impact factor. In 2011 it was ranked 21st in Political Science.
Fukuyama discussed in Pakistan, Russia
Francis Fukuyama's commentary What is Governance?, published in the current issue of Governance, continues to attract international attention. Bronislav Mazur, writing on the website of the Russian International Affairs Council, says that Fukuyama's article has relevance to reform of the Russian armed forces. More autonomy for the military will improve its capacity to achieve greater efficiency, Mazur says. And Jamil Nasir draws on Fukuyama's article to discuss governance reform in Pakistan's The News.
Call for papers: SOG panels at IPSA 2014 in Montréal
The academic sponsor of Governance is SOG: the Structure and Organization of Government Research Committee of the International Political Science Association. SOG has issued a call for paper and panel proposals for the next IPSA World Congress, to be held in Montréal on July 19-24, 2014. Further information
The crisis so far: A short guide
In August 2007, the Case-Shiller Home Price Index was beginning to decline, after being stuck at a plateau for most of the preceding year. In France, BNP Paribas was about to close two investment vehicles that were heavily exposed to the US housing market. And Northern Rock Bank was days away from the first British bank run in more than a century. The world was on the edge of the largest economic crisis in a generation. From the pages of Governance, here is a reading list on the crisis so far:
Peter Hall considers when, if ever, the overall paradigm about government-economy relations is likely to change. And David Coen and Alasdair Roberts address the same question, suggesting that we are entering a new age of uncertainty.
Klaus Armingeon explores the politics of fiscal responses in the immediate aftermath of the 2008 crash. Paul Posner and Jon Blondal consider the prospects for fiscal responsibility in democratic nations. Mark Blyth studies the durability of pre-crisis conventional wisdom in the realm of fiscal policy. And Mark Vail describes Keynesian responses to the great recession in France and Germany.
Christopher Hood and Martin Lodge ask how the new era of austerity will affect trends in public sector reform. And John Gieve and Colin Provost consider how the crisis has reshaped attitudes about mechanisms for coordinating macroeconomic and regulatory policy.
Herman Schwartz examines how cronyism and corruption contributed to the collapse of Iceland's financial sector. Sebastian Royo asks how the Spanish financial system survived the first stage of the global crisis. And David Howarth explains the resilience of the French banking system. The effect of the crisis on financial regulation is also examined by Julie Froud, Adriana Nilsson, Michael Moran and Karel Williams.
Vivien Schmidt considers how the crisis has revealed the unfinished architecture of Europe's economic union. Richard Allen discusses the IMF's role in the global economy.
Kishore Mahubani provides a perspective on the crisis from East Asia. And Lan Xue also addresses the shifting global order. And Matt Andrews considers how the crisis will affect the willingness of developing countries to take policy advice from the advanced democracies.