The political economy of the third way: the relationship between globalisation and national economic policy

Lee, D; Lee, Simon

Authors

D Lee

Dr Simon Lee S.D.Lee@hull.ac.uk
Senior Lecturer/ Faculty Ethics Committee

Abstract

An analysis of the relationship between globalisation and national economic policy by focusing upon the political economy of the third way developed by the Blair and Brown Governments. The chapter concludes that the onset of the severest global recession since the Great Depression has shown how the third way overestimated the capacity of national governments to manage the economic, political and social consequences of the risk, volatility and contagion that is characteristic of liberalised global markets.

Citation

Lee, D., & Lee, S. (2011). The political economy of the third way: the relationship between globalisation and national economic policy. The Handbook of Globalisation, 407 - 419. (second). Edward Elgar Publishing Ltd

Acceptance Date	Apr 29, 2011
Publication Date	Apr 29, 2011
Publicly Available Date
Pages	407 - 419
Edition	second
Book Title	The Handbook of Globalisation
ISBN	978-1-84980-369-4
Keywords	Globalization; Third Way; modernization; political economy; New Labour
Public URL	https://hull-repository.worktribe.com/output/400307