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“Varieties of Economic Nationalism in Cold War Europe : Small State Responses to Economic Change, 1960s-1980s”

Publication

Abstract

The aim of our workshop is to reassess the gradual shift from the Keynesianism of capitalism's golden age to neoclassical economics and the liberalization of trade and capital flows, which extended from the 1960s to the 1980, from a small state perspective. Small states, either being or perceiving themselves small in size and market share or subdued to a powerful hegemonic neighbour, are particularly vulnerable to global economic change and susceptible to external market pressure.

Yet we do not consider small states as mere objects of hegemonic economic players, but acknowledge their agency both in containing the impact of globalizing markets and commerce on their domestic economies and in turning trade liberalization into a strategic asset.