Google full text of our books:

     
bookjacket

The Paradox of Vulnerability:
States, Nationalism, and the Financial Crisis
John L. Campbell & John A. Hall

Paperback | 2017 | $29.95 | £24.95 | ISBN: 9780691163253
Hardcover | 2017 | $95.00 | £79.95 | ISBN: 9780691163260
208 pp. | 6 x 9 1/4 | 3 line illus. 1 table.
Add to Shopping Cart

eBook | ISBN: 9781400887958 |
Our eBook editions are available from these online vendors

Endorsements | Table of Contents
Chapter 1[PDF] pdf-icon

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.

John L. Campbell is the Class of 1925 Professor of Sociology at Dartmouth College and professor of political economy at the Copenhagen Business School. John A. Hall is the James McGill Professor of Comparative Historical Sociology at McGill University. They are the coauthors of The World of States.

Endorsements:

"This important and lively book develops a compelling argument about the complex relations between vulnerability and national cohesion. With a focus on how Denmark, Ireland, and Switzerland coped with the effects of the financial crisis of 2008, The Paradox of Vulnerability demonstrates how and why some capitalist states succeed in difficult times."--Peter J. Katzenstein, Cornell University

"What enables some small countries to survive global economic forces over which they have no control? Campbell and Hall’s answer to this significant question is both sobering and hopeful, and focuses on societies with robust national institutions. This is a well-researched and well-written book."--Bruce G. Carruthers, Northwestern University

"Why are some states and not others able to withstand economic vicissitudes such as the 2008 financial crisis? This important book argues that small states perceive an intense vulnerability to external forces, which fosters national solidarity even under conditions of ethnic diversity. Enriching our understanding of the 2008 global crisis and of economic life more broadly, this book offers new perspectives on effective institutions and is a welcome corrective to the view that diversity is an impediment to national cohesion."--Prerna Singh, Brown University

QUOTE: "This excellent book delivers an unprecedented analysis of the reaction of small countries in Europe to the financial crisis of 2007–08. A major contribution to a number of debates and research areas—by two of the world's most established political and economic sociologists—it will become a major reference point for many years to come and will no doubt reach well beyond academia."--Francesco Duina, Bates College

More Endorsements

Table of Contents:

Preface vii
Acknowledgments xi
Acronyms xiii
1 Groundwork 1
2 Denmark 27
3 Ireland 63
4 Switzerland 107
5 Conclusion 147
References 173
Index 185

Other Princeton books authored or coauthored by John A. Hall:

Other Princeton books authored or coauthored by John L. Campbell:

Series:

Subject Areas:

Shopping Cart options:

  • For ebooks:

Our eBook editions are available
from these online vendors:

  • Amazon Kindle Store
  • Apple iBooks
  • Barnes & Noble Nook Store
  • Google Play eBook Store
  • Kobo eBook Store
  • Many of our ebooks are available through
    library electronic resources including these platforms:

  • Books at JSTOR
  • Ebrary
  • Ebook Library
  • EBSCO Ebooks
  • MyiLibrary
  • Dawsonera (UK)

    • For hardcover/paperback orders in United States, Canada, Latin America, Asia, and Australia

     Paperback : $29.95 ISBN: 9780691163253

    Add to shopping cart

     Hardcover : $95.00 ISBN: 9780691163260

    Add to shopping cart
    View contents of your shopping cart

    • For hardcover/paperback orders in Europe, Africa, the Middle East, India, and Pakistan

     Hardcover  £79.95 ISBN: 9780691163260

    Add to shopping cart

     Paperback  £24.95 ISBN: 9780691163253

    Add to shopping cart
    View contents of your shopping cart

    Prices subject to change without notice

    File created: 9/7/2017

    Questions and comments to: webmaster@press.princeton.edu
    Princeton University Press

    New Book E-mails
    New In Print
    PUP Blog
    Videos/Audios
    Princeton APPS
    Sample Chapters
    Subjects
    Series
    Catalogs
    Princeton Legacy Library
    Exam/Desk Copy
    Textbooks
    Media/Reviewers
    Rights/Permissions
    Ordering
    Recent Awards
    Princeton Shorts
    Freshman Reading
    PUP Europe
    About Us
    Contact Us
    Links
    F.A.Q.
    PUP Home


    Bookmark and Share 
    Send me emails
    about new books in:
    Sociology
    Political Science And International Relations
    More Choices