Andreas Nölke | Goethe-Universität Frankfurt am Main (original) (raw)

Books by Andreas Nölke

Bristol University Press, 2022

Given the complexity of the coronavirus crisis, many members of the lay public, but also many Soc... more Given the complexity of the coronavirus crisis, many members of the lay public, but also many Social Science students feel overwhelmed by the various topics and the policy initiatives responding to the health crisis and the later recession. This limits citizens’ ability to exercise their democratic rights in steering the future course of events. The book aims at narrowing the uncertainty regarding the future of the economic system, thereby contributing to a more informed decision-making process on the side of governments and of public discourse on the side of citizens. In order to pursue this target, the book analyzes modern capitalism by dividing it into several policy areas and spheres of action. These include the relationship between economy and society as well as with the environment, domestic and international economic institutions, geo-economic shifts and core ideological controversies. For each of these features, the book examines the core alternatives, based on established debates in Comparative and International Political Economy scholarship, and reviews the early evidence at hand. By breaking down the monumental developments within capitalism caused by the coronavirus crisis into manageable chunks, the book assists readers in making up their mind about current political alternatives.

Emerging Market Multinationals and Europe: Challenges and Strategies, 2019

Recently, there have been public concerns about the impact of emerging market multinationals. The... more Recently, there have been public concerns about the impact of emerging market multinationals. The expansion of China's multinationals to Europe and the Belt and Road Initiative is a prominent example that has kindled hope but also started to increase awareness of the long-term implications. Based on a systematic analysis of internationalization theories, the role of foreign direct investment and multinational companies combined with in-depth empirical research using case studies in Turkey, Russia, Latin America, Asia and Europe, this timely edited volume addresses opportunities and concerns related to this new trend. It also provides new insights that are highly relevant for scholars, policy makers, regional business agencies and students, as well as the public at large. By focusing on the (potential) impact of the expansion of emerging market multinationals on Europe and by including a long-term perspective, the book offers a fresh perspective on a highly controversial issue.

Special issue in International Politics The rise of emerging economies and its likely implicatio... more Special issue in International Politics

The rise of emerging economies and its likely implications for the global order are among the most exciting topics of contemporary International Relations scholarship. Among the emerging markets, China counts as a particularly interesting case for the study of future global rulemaking, given the countries' economic and political power. Therefore, the question whether the further rise of China will be peaceful or confrontational – and the corresponding policy conclusions – has become one of the most widely debated over the last decade. Recent discussions about this issue have been oscillating between the prediction of an increasing number of conflicts on the one side and the assumption of China's harmonious integration into the existing global order on the other.

n dieser Unterrichtsreihe setzen sich Schülerinnen und Schüler mit verschiedenen Aspekten der Glo... more n dieser Unterrichtsreihe setzen sich Schülerinnen und Schüler mit verschiedenen Aspekten der Globalisierung auseinander. Was bedeutet Globalisierung des Handels, der Finanzmärkte, von Produktion und Arbeitsmärkten? Aktuelle Themen sind u.a. die Arbeitsbedingungen bei der Vorbereitung der Fußball-WM in Katar und in der Textilindustrie in Asien ebenso wie die Frage, warum Menschen aus ihrer Heimat fliehen und wie Europa auf sie reagiert.

Purpose -The aim of the paper is to introduce a special issue which looks at the collaboration be... more Purpose -The aim of the paper is to introduce a special issue which looks at the collaboration between the Brazilian state and Brazilian corporations with regard to the transnational activities of the latter. Design/methodology/approach -Departing from the state of the art of current studies of emerging market multinationals, the paper highlights the need for interdisciplinary work to understand the particular role of the state with regard to the outward expansion of these companies. The paper then highlights the different approaches the five papers of the special issue have taken to address this task. Findings -Although Brazil can be counted among the most liberal emerging markets, the special issue finds a very close cooperation between the Brazilian state and Brazilian multinationals. The former helps to finance overseas expansion of Brazilian multinationals, supports the solution of conflicts with the governments of neighboring countries and articulates the interests of Brazilian multinationals in global governance. The problems created by this close cooperation rather materialize with third parties, in particular with somewhat poorer countries in the Brazilian neighborhood, but also with smaller companies, consumers or radical social movements in Brazil. Originality/value -The paper shows the diversity of approaches that an interdisciplinary cooperation between Political Science, Political Economy, Development Studies and International Business can mobilize to make sense of very close state-business cooperation with regard to transnational activities of emerging markets multinationals.

The rise of multinational corporations (MNCs) from emerging markets has been a major development ... more The rise of multinational corporations (MNCs) from emerging markets has been a major development during the last decade. An important feature of emerging market MNCs is their close relationship with home states. This book investigates this special kind of relationship and explores how it affects the cross-border activities of these corporations. In order to address this task, it opts for an integration of approaches traditionally kept apart because of the disciplinary separation between International Business and International Political Economy. Based on country case studies of the most important emerging markets, as well as of investigations into selected international institutions, it highlights the emergence of a third wave of state capitalism that is different from the previous two in the 19th and 20th centuries. State capitalism 3.0 is neither based on prohibitive tariffs, nor on one central command, but rather on a variety of formal and informal cooperative relationships between various public authorities and individual companies.

Der Aufstieg von „Schwellenländern“ wie Brasilien, Indien oder China gehört seit mehr als zehn Ja... more Der Aufstieg von „Schwellenländern“ wie Brasilien, Indien oder China gehört seit mehr als zehn Jahren zu den bestimmenden Themen der Diskussion über globale Politik und Wirtschaft. Seit der Finanzkrise hat sich dieser Aufstieg noch beschleunigt und wirft interessante Fragen für eine Vielzahl politikwissenschaftlicher Teildisziplinen auf, von den Internationalen Beziehungen und der Internationalen Politischen Ökonomie über die Entwicklungspolitik bis hin zur Vergleichenden Politikforschung. Dieser Band gibt einen Überblick über die aktuelle Diskussion zu diesem Thema.

Mit der Finanz- und Wirtschaftskrise seit 2007 hat eine breite gesellschaftliche und akademische ... more Mit der Finanz- und Wirtschaftskrise seit 2007 hat eine breite gesellschaftliche und akademische Debatte über die Rolle der Finanzmärkte und des Finanzsektors im gegenwärtigen Kapitalismus eingesetzt. Die unter dem Stichwort Finanzialisierung in diesem Band versammelten Beiträge setzen sich aus einer Vielzahl von Perspektiven mit den Ursprüngen und Folgen der Ausbreitung einer Finanzmarktlogik in Wirtschaft und Gesellschaft auseinander. Ausgehend von Veränderungen im Finanzsektor selbst werden dabei auch neuere Entwicklungen wie die Finanzialisierung von Umwelt und Naturresourcen in den Blick genommen.

Während in den 1990er Jahren viele noch das globalisierungsbedingte Ende nicht-liberaler Formen k... more Während in den 1990er Jahren viele noch das globalisierungsbedingte Ende nicht-liberaler Formen kapitalistischer Organisation – etwa der Entwicklungsstaaten oder der „organisierten“ Kapitalismen Kontinentaleuropas – und eine Konvergenz hin zu einem neoliberal-angelsächsischen Modell vorhersagten, dominieren inzwischen andere Auffassungen das Feld der Vergleichenden Kapitalismusforschung. Insbesondere neoinstitutionalistische Ansätze, etwa die emblematische Varieties of Capitalism-Perspektive, haben die These von der fortdauernden Koexistenz und Konkurrenz unterschiedlicher Kapitalismen (wieder) mehrheitsfähig gemacht. Dabei ist aber paradoxerweise ins Hintertreffen geraten, was eigentlich im Vordergrund jeglicher Kapitalismusanalyse stehen sollte: die kritische Auseinandersetzung mit der kapitalistischen Produktionsweise in ihrer globalen Vielgestaltigkeit. Vor diesem Hintergrund legt dieser Band einen kritischen Überblick über die Vergleichende Kapitalismusforschung vor. Er vollzieht die Debatten innerhalb des Feldes nach und dokumentiert zentrale Weiterentwicklungen der neoinstitutionalistischen Literatur. Zugleich führt er innovative Ansätze aus der kritischen politischen Ökonomie ein, die dazu beitragen können, die genannten analytischen und politischen Defizite aufzuarbeiten

Die Herausbildung staatlich durchdrungener Marktökonomien in großen Schwellenländern wie Brasilie... more Die Herausbildung staatlich durchdrungener Marktökonomien in großen Schwellenländern wie Brasilien, China oder Indien ist ein mehr als überfälliger Anlass, den Westzentrismus der aktuellen Krisendiskussion sowie der Literatur zu den "Varieties of Capitalism" zu verlassen und sich mit den Gemeinsamkeiten und Unterschieden des Kapitalismus in diesen Ländern zu beschäftigen. Wir sprechen hierbei vom Staatskapitalismus 3.0, also einer dritten Welle des Staatskapitalismus mit ihren länderbezogenen Variationen. Dieser in den Themenschwerpunkt einführende Beitrag gibt erstens einen Überblick über die historischen Wellen des Staatskapitalismus. Zweitens werden die weiteren Beiträge des Schwerpunktes vorgestellt und in den Kontext der dritten Welle des Staatskapitalismus gestellt. Schließlich folgen drittens einige Implikationen für die gegenwärtige Kapitalismusforschung, die aus der Untersuchung von politischen Ökonomien jenseits der OECD-Welt zu ziehen sind.

"In der öffentlichen und der wissenschaftlichen Diskussion werden internationale Organisationen... more "In der öffentlichen und der wissenschaftlichen Diskussion werden internationale Organisationen häufig verkürzt dargestellt. Der Band zeigt, dass sie sich weder auf ihre Mitgliedsstaaten noch auf ihre Verwaltungsstäbe reduzieren lassen. Nur ein komplexes Verständnis internationaler Organisationen, das Erkenntnisse aus der Organisationsforschung und aus den Internationalen Beziehungen integriert, kann uns helfen, die Möglichkeiten und Grenzen internationaler Organisationen im globalen Regieren richtig zu verstehen

This volume explores a variety of forms of transnational private governance where non-state actor... more This volume explores a variety of forms of transnational private governance where non-state actors cooperate across borders to establish rules and standards accepted as legitimate by other agents.

Transnational private governance is a core feature of the devolution of power that we observe in the global realm and that is bringing about new forms of authority. Transnational Private Governance provides theoretically and empirically informed insights into the interactions between states and non-state actors including domains beyond intergovernmental organizations, conventional non-governmental organizations, and multinational enterprises, covering a wide range of arrangements, from highly formal devolutions of power to lax and informal platforms of interaction between private actors. Contributing to the latest generation of globalization studies, the authors consider the relationship between states and markets as closely integrated and seek to broaden the scope of enquiry by including new patterns and agents of change on a transnational basis.

This book will be of great interest to researchers and students of political science, international political economy, economics, business studies, globalisation and law.

Corporate governance has in the 1990s become a catchphrase of the global business community. The Enron collapse and other recent corporate scandals, as well as growing worries in Europe about the rise of Anglo-Saxon finance, have made issues of corporate governance the subject of political controversies and of public debate.

The contributors argue that the regulation of corporate governance is an inherently political affair. Given the context of the deepening globalization of the corporate world, it is also increasingly a transnational phenomenon. In terms of the content of regulation the book shows an increasing reliance on the application of market mechanisms and a tendency for corporations themselves to become commodities. The emerging new mode of regulation is characterized by increasing informalization and by forms of private regulation. These changes in content and mode are driven by transnational actors, first of all the owners of internationally mobile financial capital and their functionaries such as coordination service firms, as well as by key public international agencies such as the European Commission.

The Transnational Politics of Corporate Governance Regulation will be of interest to students and researchers of international political economy, politics, economics and corporate governance.

Review of Social Economy, 2009

This ambitious volume explores the politics of recent changes in corporate governance regulation ... more This ambitious volume explores the politics of recent changes in corporate governance regulation and the transnational forces driving the process. Corporate governance has in the 1990s become a catchphrase of the global business community. The Enron collapse and other recent corporate scandals, as well as growing worries in Europe about the rise of Anglo-Saxon fi nance, have made issues of corporate governance the subject of political controversies and of public debate. These debates often overlook the role of public and private regulation in producing a power shift within corporate governance practices at multiple levels.

We are currently witnessing the evolution of global accounting standards,

Das Ziel der vorliegenden Arbeit ist es, eine Perspektive zu entwickeln, um politische Transnatio... more Das Ziel der vorliegenden Arbeit ist es, eine Perspektive zu entwickeln, um politische Transnationalisierungsphänomene aus sehr unterschiedlichen empirischen Kontexten in einem gemeinsamen theoretischen Bezugsrahmen zu analysieren. Die Arbeit geht davon aus, dass diese verschiedenen Aspekte transnationaler Politik genügend Gemeinsamkeiten aufweisen, so dass man sie mit einer einheitlichen Theorie untersuchen kann. Ein solches Modell transnationaler Politik soll vor allem eine analytische Alternative zur dominierenden Regierungszentrik anbieten, dieses jedoch nicht grundsätzlich ablösen, sondern nur unter bestimmten, klar zu benennenden Bedingungen eine überlegene Interpretation ermöglichen. Als Grundbausteine für ein solches Modell wurden hier einerseits das Politiknetzwerkkonzept aus Policy-Forschung bzw. Organisationstheorie verwendet und andererseits Vorstellungen zur transnationalen Politik, die in den Internationalen Beziehungen entwickelt wurden. Dieses „eingebettete Ressourcenabhängigkeitsmodell transnationaler Politiknetzwerke“ geht davon aus, dass sich ein Großteil politischer Transnationalisierungsphänomene als Tausch von Ressourcen innerhalb eines Netzwerkes korporativer Akteure analysieren lässt. Wann diese Tauschprozesse jedoch relevant werden und welcher Einfluss verschiedenen Akteuren dabei zukommt, lässt sich nur vor dem Hintergrund der historischen und räumlichen Einbettung dieser Netzwerke in verschiedene Interessen- und Institutionenstrukturen klären. Die Arbeit entwickelt und testet Hypothesen über diese Strukturen in vier empirischen Anwendungsfeldern (transgouvernementale Koordination von Wirtschaftshilfe, Mikroregionalismus in Grenzregionen, Nichtregierungsorganisationen in der nationalen und internationalen Politik, EU-Mehrebenensystem).

Bristol University Press, 2022

Emerging Market Multinationals and Europe: Challenges and Strategies, 2019

Special issue in International Politics The rise of emerging economies and its likely implicatio... more Special issue in International Politics

This book will be of great interest to researchers and students of political science, international political economy, economics, business studies, globalisation and law.

The Transnational Politics of Corporate Governance Regulation will be of interest to students and researchers of international political economy, politics, economics and corporate governance.

Review of Social Economy, 2009

We are currently witnessing the evolution of global accounting standards,

Conference paper, together with Daniel Kinderman, Gerhard Schnyer and Dorottya Sallai, 2022

Right-wing populist parties who obtain governmental power rely on ethno-nationalist mobilization ... more Right-wing populist parties who obtain governmental power rely on ethno-nationalist mobilization for domestic legitimacy and may therefore adopt policies that explicitly seek to disadvantage foreign multinational enterprises (MNEs). Consequently, they constitute particularly revealing cases for scholars of international business policy and political risk. Yet, scholarship on the various ways in which populist business policies affect MNEs remains scarce. Understanding what makes a foreign MNE particularly exposed to adverse action by right-wing populists is a theoretically and practically important yet understudied question for the field of international business policy. In this paper we investigate the hitherto largely understudied context of right-wing populism in post-socialist members states of the European Union, which constitute extreme cases of right-wing populist government power. We adopt a case study-based theory-building approach. We draw on a unique set of interviews and secondary literature from a range of disciplines to developed propositions that form a research agenda on this important question.

State-permeated Capitalism in Large Emerging Economies, 2019

Competition & Change, 2021

While growth in India stayed relatively stable over the last decade, Brazil fell into deep recess... more While growth in India stayed relatively stable over the last decade, Brazil fell into deep recession and a fundamental political and economic crisis. Why did these two countries, despite their similarities, diverge so massively within only 10 years? Through a paired comparison, this article probes two alternative approaches to capitalist diversity to explain the divergence among two rising economic powers and ‘state capitalisms’. It finds that through the lens of a firm-centred supply-side approach, one largely sees institutional stability in both economies, while a focus on the demand side and respective growth models makes visible fundamental destabilization in Brazil. The fragility of domestic demand, the vulnerability of global economic integration and the erosion of key social coalitions, we contend, are key to unpack the divergence between Brazil and India. This study thereby not only sheds a new light on emerging market capitalism but also discusses further possibilities for ...

Wolfgang Streeck’s essay „Between Charity and Justice: Remarks on the Social Construction of Immi... more Wolfgang Streeck’s essay „Between Charity and Justice: Remarks on the Social Construction of Immigration Policy in Rich Democracies“ (2018) contains a wealth of intriguing insights on recent debates on immigration in Germany and other advanced capitalist countries. His sharp, witty and stimulating piece focuses on the views of what he calls a “liberallibertarian left”. Indeed, there are problematic aspects to the liberal left discourse on migration, which he unerringly detects and comments on in his inimitable scathing style. Streeck should be commended for the courage of his convictions. For a “left case against open borders” predictably provokes a controversial debate, as Angela Nagle recently (2018) experienced.

Has the rise of large emerging economies come to an end? Considering crumbling growth rates and p... more Has the rise of large emerging economies come to an end? Considering crumbling growth rates and political turbulences, wide parts of the academic and public discourse tend to embrace this conclusion. The present paper takes up this debate and examines the stability of these countries’ economic model from a Comparative Capitalism research perspective. It builds on the formation of a specific model of state-permeated market economy (SME) in these countries (Nölke et al. 2015). This type of capitalism draws its economic dynamic from a particular interplay of several institutional spheres whose developments are moving center stage in the paper. Specifically, we apply a comparative case study approach to Brazil and India to investigate whether the institutional pillars of the economic model have changed in a way that questions the continued existence of the SME variety of capitalism. We highlight a number of challenges that might have destabilized state-permeated capitalism in Brazil, bu...

Critical Junctures in Mobile Capital

State-permeated Capitalism in Large Emerging Economies

Handbuch Innovationsforschung

International Political Economy Series

Dependency has usually been conceptualized as a form of economic and political deformation of the... more Dependency has usually been conceptualized as a form of economic and political deformation of the countries of the periphery by the countries of the core and by the specific core–periphery relations between the two groups of countries. Much less attention, however, has been given to the effects of core–periphery relations upon the core. Through an inductive analysis of Germany, a core country within the EU and a country with extreme export orientation, I show how dependency also affects core countries. I highlight a number of negative effects on the German economy, social fabric, and political system, among which, extensive wage restraint and reduced public investments to maintain export competitiveness. I conclude arguing that a more balanced relationship would be beneficial for most social groups in both groups of countries, peripheries, and cores.

sub\\urban. zeitschrift für kritische stadtforschung

Der Fokus unserer Forschung zum Populismus sollte nicht auf dem harten Kern rechter Parteien lieg... more Der Fokus unserer Forschung zum Populismus sollte nicht auf dem harten Kern rechter Parteien liegen, sondern auf jenen, die diese Parteien nur aus Protest wählen oder gar nicht mehr wählen. Wir sollten auch nicht den Fehler machen, die Unterstützung rechter Parteien als irrational und postfaktisch darzustellen. Kern unserer Forschung sollten jene ungleichen wirtschaftlichen und sozialen Strukturen sein, die zum Aufstieg rechter Parteien führen.

Competition & Change

The main argument in the article is that the Brexit vote and strategy of the government of the UK... more The main argument in the article is that the Brexit vote and strategy of the government of the UK post-Brexit should be seen as part of wider developments in global capitalism. It is suggested that there is a counter-movement against liberal capitalism that was triggered by the economic crisis of 2008 and the stagnating incomes that set in as austerity policies were widely pursued. The new direction is termed as organized capitalism, with a stronger focus on the national level. This is reflected in the election of Donald Trump in the US, the rise of right-wing populist parties in Continental Europe and the erosion of global liberal institutions. Organized capitalism does not have to be reactionary as it may open up wider options for societal influences on the economy that can be a source of social reforms.

Autonomous Policy Making by International Organizations, 1947

Theorien der europäischen Integration, 2006

Journal of Economic Policy Reform

The Comparative Capitalism research programme has become the dominant institutional approach with... more The Comparative Capitalism research programme has become the dominant institutional approach with regard to the study of advanced economies. Still, very few scholars use it to develop proposals for economic policy reform. The introductory paper to the special issue discusses how this can be changed. It highlights the considerable institutional differences between contemporary models of capitalism. Moreover, it demonstrates how core Comparative Capitalism notions such as "institutional complementarities" can be used for designing policies. However, it also points to recent developments in Comparative Capitalism research that replace the traditional Varieties of Capitalism preoccupation with micro-economic equilibria through the heterodox macroeconomic preference for the balancing out of Growth Models KEYWORDS Comparative Capitalism; varieties of capitalism; growth models; coordinated market economy; liberal market economy JEL CLASSIFICATION P16 Capitalist Systems-Political Economy; P 51-Comparative Analysis of Economic Systems Policy Highlights • Comparative Capitalism contests the conventional claim that there is one best way for superior economic performance. • Institutional complementarities between spheres such as corporate governance, industrial relations and training systems lead to specific comparative advantages, for example with regard to radical, incremental or frugal innovation. • The importance of complementarities explains why successful institutions such as the German system of vocational training cannot simply be transferred to other economies.

Benjamin Braun and kai Koddenbrock (eds) Capital Claims, 2022

Disconnecting Russia from SWIFT is one of the most widely discussed potential sanctions in the ec... more Disconnecting Russia from SWIFT is one of the most widely discussed potential sanctions in the econtext of the Ukraine crisis. Many contributions to the debate are not sufficiently familiar with the functions of SWIFT. In order to put the discussion on a more firm ground, I'm making this chapter already available although it will only be published much later. The chapter puts SWIFT into the context of discussions about financialization and state capitalism, clarifies the role of SWIFT in the global payment infrastructure, takes stock of the various political affairs about SWIFT and discusses Chinese and Russian alternatives to SWIFT as well as to the existing cross-border payments infrastructure more generally.