L-09
The "State" of Legitimacy: Governance after Economic Crises in Advanced and Emerging Economies

Discussants:
Andrew Schrank and Mark Thatcher
Session Organizer:
Ana Maria Evans
Moderator:
Vivien Schmidt
Friday, 3 July 2015: 8:30 AM-10:00 AM
TW1.1.04 (Tower One)
The Great Recession of the last decade has evoked critical political questions and hard policy choices.
In Europe, response to the crisis has invariably taken the form of austerity, according to neo-liberal 
tenets. Alternatives based on fiscal stimulus are apparently not an option for international institutions 
and national governments. However, in response to previous recessions in the last quarter of the
twentieth century, governments of emerging economies have successfully relied on deficit spending,
and have been seemingly more concerned with socially inclusive models of growth.
The papers in the panel analyze different models of state intervention in response to major
financial crises, in historical perspective, and in advanced and emerging economies. 
Longitudinal and cross-national analysis will allow to examine the role of ideational and discursive
frameworks, interest politics, and extant models of economic governance in influencing different
response to major economic downturns. 
In examining the conditions that have steered divergent approaches, and systemic successes and 
failures in state intervention responding to global crises, the session will explore an overlooked 
dimension of governance, namely the state of legitimacy in the aftermath of austerity.
The findings will contribute to advance long-standing and still unresolved analytical controversies 
between structuralist explanations and constructivist approaches to the politics of adjustment and 
its socio-economic effects.
Mechanisms of Coordination and State Permeation: A Comparison of Large Emerging Economies
Tobias ten Brink, Institut Fur Politikwissenschaft, Goethe University; Andreas Noelke, Institut fŁr Politikwissenschaft, Goethe University; Christian May, Institut fŁr Politikwissenschaft, Goethe University
Facing Cyclical Crises: Political Responses of State Developmentalism in Brazil (2008-2014)
Renato Boschi, IESP/UERJ and INCT-PPED; Carlos Eduardo Santos Pinho, IESP/UERJ; INCT-PPED
The Political Economy of the Transition from 'emergence' to Crisis: India in the 21st Century
Surajit Mazumdar, Centre for Economic Studies and Planning, School of Social Sciences, Jawaharlal Nehru University
Understanding Russia's Statist-Patrimonial Capitalist Model through the Analysis of State-Business Power Relations
Alexandra Vasileva, Amsterdam Institute for Social Science Research, University of Amsterdam