New Books in European Politics

In July 2021, nine summers after its then president saved the euro with three choice words (“whatever it takes”), the European Central Bank published the results of a thoroughgoing review of its strategy.A policy framework built for times when inflation posed a modest upside challenge had coped – but only just – with successive financial, sovereign-debt, banking and health crises that threatened chronically weak inflation at best and deflation at worst.Essential to the review was research conducted to mark the 20th anniversary of the ECB in 2019 and now updated and published as a book: Monetary Policy in Times of Crisis: A Tale of Two Decades of the European Central Bank (Oxford UP, 2021) by Massimo Rostagno, Carlo Altavilla, Giacomo Carboni, Wolfgang Lemke, Roberto Motto, Arthur Saint Guilhem and Jonathan Yiangou.This exhaustive analytical history concludes that the ECB operated two policy regimes – one from 1999 to 2012 and a second crisis-informed strategy until the narrative ends before the onset of the pandemic. With its strategic review over, the history lessons from this book will be an essential guide to ECB thinking as it prepares a slow and careful unwinding of its emergency policy settings.Massimo Rostagno has been the ECB’s Director General Monetary Policy since August 2017 and has worked at the central bank since 1998. He has served as head of the Monetary Policy Strategy Division and Director Monetary Policy and, before that, worked at the Banca d’Italia and the International Monetary Fund. He holds a PhD in economics from the University of California, Los Angeles. (Any views expressed are personal and not necessarily those of the ECB).*The author's own book recommendations are Capital in the Twenty-First Century by Thomas Piketty (Harvard University Press, 2014) and The Populist Temptation: Economic Grievance and Political Reaction in the Modern Era by Barry Eichengreen (OUP USA, 2018).Tim Gwynn Jones is an economic and political-risk analyst at Medley Global (Energy Aspects). Learn more about your ad choices. Visit megaphone.fm/adchoices

"The populist radical right is by far the best-studied party family within political science”. Extremism expert Cas Mudde may be right but, as Léonie de Jonge argues in The Success and Failure of Right-Wing Populist Parties in the Benelux Countries (Routledge, 2021), less studied are the specific conditions under which right-wing populism succeeds and - just as importantly - fails. Why, for example, do these parties poll above 40% in Italy and France yet remain absent in Portugal and Ireland?Part of the answer to this puzzle could lie in the Netherlands, Luxembourg and Belgium (and more specifically in its Dutch- and French-speaking regions). "In the earlier phases of a party’s development", writes Professor de Jonge, the success and failure of right-wing populist parties depends to a large extent on exogenous factors – notably the degree of political and social ostracism they face in a given polity”.Léonie de Jonge graduated from Cornell College, Iowa, and the University of Cambridge, where she also obtained her PhD, and is now an Assistant Professor in European Politics and Society at the University of Groningen.*The author's book recommendations were Hate in the Homeland: The New Global Far Right by Cynthia Miller-Idriss (Princeton University Press, 2020) and Manual for Survival: A Chernobyl Guide to the Future by Kate Brown (Allen Lane, 2019).Tim Gwynn Jones is an economic and political-risk analyst at Medley Global Advisors. Learn more about your ad choices. Visit megaphone.fm/adchoices

Once described as a “German oddity”†, Ordoliberalism was one of a number of new liberalisms that emerged from the political maelstrom of the interwar period. But, unlike the other neoliberal splinters, Ordoliberalism – founded at the University of Freiburg by economist Walter Eucken and jurist Franz Böhm – was quickly tested in the real world.The West Germany rebuilt out of the ashes of war was founded on its principles: rules-based economics, independent agencies protected from politics and the state as arbiter. The country's recovery and successful reunification were a testament to Ordoliberalism’s effectiveness but, as the European Community became a union and created the euro, its other members were keener to import the success than the rules. When crisis struck from 2008, the EU's architecture was severely stress-tested and remains under strain in the wake of the coronavirus pandemic.Is the long EU political crisis due to Ordoliberalism or due to its non-implementation? Can and should Ordoliberalism adapt and survive? These are some of the questions addressed in Ordoliberalism and European Economic Policy: Between Realpolitik and Economic Utopia (Routledge paperback, 2021) co-edited by Malte Dold and Tim Krieger. Malte Dold is a Freiburg university graduate who now an assistant professor of economics at Pomona College in California, and Tim Krieger is Freiburg's Wilfried Guth professor of constitutional political economy.*As their book recommendations, Tim Krieger chose Conservative Liberalism, Ordo-liberalism, and the State: Disciplining Democracy and the Market by Kenneth Dyson (OUP Oxford, 2021) and Exit Left: Markets and Mobility in Republican Thought by Robert S. Taylor (OUP Oxford, 2017); and Malte Dold chose The Narrow Corridor: How Nations Struggle for Liberty by Daron Acemoglu and James A. Robinson (Penguin, 2020) and The Idea of Justice by Amartya Sen (Penguin, 2010).Tim Gwynn Jones is an economic and political-risk analyst at Medley Global Advisors (Energy Aspects).†Ordoliberalism: A German oddity? ed. Thorsten Beck and Hans-Helmut Kotz (CEPR Press 2017). Learn more about your ad choices. Visit megaphone.fm/adchoices

In 1961, it was famously declared that the “fight for education is too important to be left solely to the educators.” Enter the OECD. In The OECD’s Historical Rise in Education: The Formation of a Global Governing Complex (Palgrave Macmillan, 2019), Christian Ydesen offers a well-edited volume that illuminates how the OECD normalized its influence over global education policy from its Cold War origins until today. Ydesen argues for an interpretation of the OECD as a “global governing complex” that roots its power in comparative data and the production of educational norms. How did the OECD, initially an outgrowth of Marshall Plan funds, become a dominant player in global education policy? Listen in to find out.Elisa Prosperetti is a Visiting Assistant Professor in African history at Mount Holyoke College. Her research focuses on the connected histories of education and development in postcolonial West Africa. Contact her at: www.elisaprosperetti.net. Learn more about your ad choices. Visit megaphone.fm/adchoices

Putin is not the unconstrained, all-powerful boogeyman he is made out to be in the popular Western media. So says Timothy Frye, Professor of Political Science at Columbia University in his new book,Weak Strongman: The Limits of Power in Putin's Russia (Princeton UP, 2021). Drawing on more than three decades of research, and reams of data from within Russia itself, Frye depicts a "personal autocrat", but one subject to numerous constraints and trade offs. And the shows of force we have seen in recent years, from his treatment of opposition figures to the planning for the upcoming election, highlight those weaknesses. Regardless of your view of Putin, you will want to hear about and understand the challenges that he faces.Daniel Peris is Senior Vice President at Federated Hermes in Pittsburgh. He can be reached at DanielxPeris@gmail.com or via Twitter @HistoryInvestor. His History and Investing blog and Keep Calm & Carry On Investing podcast are at https://strategicdividendinves... Learn more about your ad choices. Visit megaphone.fm/adchoices

Marta Dyczok's book Ukraine Calling: A Kaleidoscope from Hromadske Radio 2016-2019 (Ibidem Press, 2021) is like a time capsule containing a selection of interviews that aired on Hromadske Radio's Ukraine Calling show. They capture what people were thinking during a critical time in the country's history, from the July 2016 NATO Summit through to Volodymyr Zelenskyy's 2019 landslide election victories. Decision makers, opinion makers, and other interesting people commented on events of the day as well as larger issues. Topics range from politics to sports, religion, history, war, books, diplomacy, health, business, art, holidays, foreign policy, anniversaries, public opinion to freedom of speech. Interview guests include Canada's then Foreign Minister Chrystia Freeland, writer Andrey Kurkov, Crimean political prisoner Hennadii Afanasiev, who was tortured in 2014, Ukraine's acting Health Minister Ulana Suprun, American analyst/journalist Brian Whitmore, UNHRC's Pablo Mateu, ethnologist Ihor Poshyvailo, investment banker Olena Bilan, Tufts University's Daniel Drezner, a cameo appearance by Boris Johnson, and many more. Together these interviews provide a unique, diverse, and kaleidoscopic perspective conveying the substance, atmosphere, and flavor of Ukraine while it was on the receiving end of a hybrid war from Russia.Marta Dyczok is Associate Professor at the Departments of History and Political Science, Western University, Fellow at the University of Toronto’s Munk School of Global Affairs, and Adjunct Professor at the National University of the Kyiv Mohyla Academy. Steven Seegel is Professor of Slavic and Eurasian Studies at The University of Texas at Austin. Learn more about your ad choices. Visit megaphone.fm/adchoices

In 2020-21, the UK left first the EU and then the 30-nation European Economic Area. Much of the impact has been masked by the coronavirus pandemic but, as that lifts, there will be profound effects on patterns of employment, national strategic positioning, political cleavages and even on the continued cohesion of the kingdom itself.This did not have to be the case. Short of never leaving the EU, there were less disruptive exit models available. Why weren’t they taken and why did the Brexit process radicalise between 2016 and 2019?These are the questions Christopher Grey explores in Brexit Unfolded: How No One Got What They Wanted (and Why They Were Never Going To) (Biteback, 2021). Emeritus Professor of Organisation Studies at Royal Holloway, University of London, Chris Grey previously taught at Leeds, Cambridge and Warwick and is the author and co-author of nine other books. He stumbled into the Brexit debate during the referendum campaign and started writing a blog (Brexit and Beyond) that soon turned into a must-read - propelling him into the front rank of Brexitologists and earning @chrisgreybrexit 54,000 Twitter followers.*The author's own book recommendations are Heroic Failure: Brexit and the Politics of Pain by Fintan O'Toole (Apollo, 2019) and A Question Of Loyalties by Allan Massie (Canongate Books, 2002 - first published in 1989)Tim Gwynn Jones is an economic and political-risk analyst at Medley Global Advisors. Learn more about your ad choices. Visit megaphone.fm/adchoices

This is not a book about Sir Winston Churchill. It is not principally about his politics, nor his rhetorical imagination, nor even about the man himself. Instead, it addresses the varied afterlives of the man and the persistent, deeply located compulsion to bring him back from the dead, capturing and explaining the significance of the various Churchill myths to Britain's history and current politics.In The Churchill Myths (Oxford UP, 2020), by Richard Toye, Steven Fielding and Bill Schwarz, the authors look at Churchill's portrayal in social memory. They demonstrate the ways in which politicians have often used the idea of Churchill as a means of self-validation - using him to show themselves as tough and honest players. They show the man dramatized in film and television - an onscreen persona that is often the product of a gratuitous mixing of fact and fantasy, one deliberately shaped to meet the preferences of the presumed audience. They discuss his legacy in light of the Brexit debate - showing how public figures on both sides of the Leave/Remain debate were able to use elements of Churchill's words and character to argue for their own point-of-view. Au fond, this is not simply a work of history, but something more in terms of its thesis and point of view. And while one might not agree with the three authors entirely, that cannot gainsay the intellectual adventure involved in reading this most interesting of books.Charles Coutinho Ph. D. of the Royal Historical Society, received his doctorate from New York University. His area of specialization is 19th and 20th-century European, American diplomatic and political history. He has written for Chatham House’s International Affairs, the Institute of Historical Research's Reviews in History and the University of Rouen's online periodical Cercles. Learn more about your ad choices. Visit megaphone.fm/adchoices

How did communities come to terms with the collapse of communism? In order to guide the wider narrative, many former communist countries constructed museums dedicated to chronicling their experiences. Museums of Communism: New Memory Sites in Central and Eastern Europe (Indiana UP, 2020) explores the complicated intersection of history, commemoration, and victimization made evident in these museums constructed after 1991. While contributors from a diverse range of fields explore various museums and include nearly 90 photographs, a common denominator emerges: rather than focusing on artifacts and historical documents, these museums often privilege memories and stories. In doing so, the museums shift attention from experiences of guilt or collaboration to narratives of shared victimization under communist rule. As editor Stephen M. Norris demonstrates, these museums are often problematic at best and revisionist at worst. From occupation museums in the Baltic States to memorial museums in Ukraine, former secret police prisons in Romania, and nostalgic museums of everyday life in Russia, the sites considered offer new ways of understanding the challenges of separating memory and myth.Jill Massino is a scholar of modern Eastern Europe with a focus on Romania, gender, and everyday life. Learn more about your ad choices. Visit megaphone.fm/adchoices

With thousands of migrants attempting the perilous maritime journey from North Africa to Europe each year, transnational migration is a defining feature of social life in the Mediterranean today. On the island of Sicily, where many migrants first arrive and ultimately remain, the contours of migrant reception and integration are frequently animated by broader concerns for human rights and social justice. Island of Hope: Migration and Solidarity in the Mediterranean (University of California Press, 2021) sheds light on the emergence of social solidarity initiatives and networks forged between citizens and noncitizens who work together to improve local livelihoods and mobilize for radical political change. Basing her argument on years of ethnographic fieldwork with frontline communities in Sicily, anthropologist Megan Carney asserts that such mobilizations hold significance not only for the rights of migrants, but for the material and affective well-being of society at large. Megan A. Carney is Assistant Professor in the School of Anthropology and Director of the Center for Regional Food Studies at the University of Arizona. Her writing has appeared in The Hill, The Conversation, and Civil Eats. She is the author of the award-winning book The Unending Hunger.Fulya Pinar is a PhD candidate in the department of Anthropology at Rutgers University. Her work focuses on the refugee women's commoning practices to build sustainable futures in Turkey. Learn more about your ad choices. Visit megaphone.fm/adchoices