Governing Europe in a Globalizing World
Neoliberalism and its Alternatives following the 1973 Oil Crisis
The complex relationship between globalization and European integration was largely shaped in the 1970s. During this decade, globalization began, for the first time, to threaten Western European prosperity.
Using an innovative approach, the book shows how western Europeans coped with the challenges of globalization during a time of deep economic crisis during the period 1973-1986. It examines the evolution of economic and social policies at the national, European and global level and expands beyond the European Economic Community (EEC) by analysing the various solutions envisaged by European decision-makers towards regulating globalization, including the creation of the Single Market. Based on extensively examined archives of transnational actors, international organizations and focusing on the governments of France, Germany and the UK, as well as the European Commission, the book uncovers deep, previously unknown, economic divisions among these actors and the roles they played in the success of the EEC.
This book will be of key interest to students, scholars and practitioners of political science, European studies, history, comparative politics, public policy and economic history.
Table of Contents
1. Three Responses to the Shock of the Global
2. A Social Regulation of Globalization
3. Controlling Multinationals
4. Organizing Global Markets
5. Managing Decline in Traditional Manufacturing
6. Creating European High-technology Champions
7. National Financial Crisis and Monetary Cooperation
8. The Rise of Competition Policy
9. The New Institutional Arrangement to Regulate Globalization (1984-86)
Laurent Warlouzet is a Professor in History at the University of Littoral-Côte d’Opale, Boulogne-sur-mer, France. He was a postdoctoral fellow at the London School of Economics and Political Science (LSE), UK, and the European University Institute of Florence, Italy. His work has appeared in journals such as the Journal of Common Market Studies and Contemporary European History and is also the co-editor-in-chief of the French global history journal Monde(s).
"This is an important and stimulating attempt to explain how Western Europe eventually chose a market orientated approach to European integration. It highlights the range of choices that faced Western Europe’s major governments during the 1973 to 1986 period. And it provides a persuasive account of how and why the key decisions were made." - N. Piers Ludlow, London School of Economics, UK.
"Warlouzet delivers a masterpiece dealing very successfully with the response by European policy-makers to the challenges of globalization during the 1970s and 1980s. The author offers a thoroughly multi-level analysis. He combines international as well as transnational history and presents comparative contemporary European integration history at his best. The study is highly recommendable." - Michael Gehler, Jean Monnet Chair ad personam, University of Hildesheim/Austrian Academy of Sciences, Austria.
"Let me say from the outset: this book is deemed to become a classic and compulsory reading for any scholar in these three disciplines, like those written by the maestro [Alan Milward] [...] This book is both an original interpretative proposal and a newly documented synthesis of this crucial period, still considered in handbooks the dark ages of European integration. After reading this book I am convinced that this period was the bedrock of an epochal historical transformation, which has structurally marked European integration and still frames today the debate about its nature and objectives in the framework of globalization." - Sigfrido M. Ramirez Perez, Max Planck Institute for European Legal History.