Bulletin n. 2-3/2012
October 2012-February 2013
CONTENTS
  • Section A) The theory and practise of the federal states and multi-level systems of government
  • Section B) Global governance and international organizations
  • Section C) Regional integration processes
  • Section D) Federalism as a political idea
    • Luckhurst Jonathan
    Governance and Democratization since the 2008 Financial Crisis
    in Politics & Policy , Vol. 40, Issue 5, October ,  2012 ,  958-977
    This conclusion to the special issue on governance, democratization, and the world economic crisis argues the special significance of the latter for contemporary trends in development and democratization. Crises can encourage policy makers and societies to reconsider important aspects of governance, indeed this can be a beneficial consequence if the right lessons are learned. Major international economic crises can thus undermine existing conventional wisdom, which has been the case recently and also after the Great Depression. Unfortunately, the lessons of the 1990s Asian financial crisis were learnt mainly by countries in that region, otherwise current crises in the transatlantic region might have been prevented. In this concluding article, I analyze the linkage between the crisis in Asia and the post-Lehman events. I also examine how new strategies of economic governance hold new solutions, plus I demonstrate how specific contexts of democratization have been affected by the recent economic crisis.
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