By the early 1980s the average American had a lower standard of living than the average Norwegian or Dane. Standards of living in the Netherlands, Belgium, Sweden, Switzerland, and Austria also rivaled those in the United States. How have seven small democracies achieved economic success and what can they teach America? In Small States in World Markets, Peter Katzenstein examines the successes of these economically vulnerable nations of Western Europe, showing that they have managed to stay economically competitive while at the same time preserving their political institutions. Too dependent on world trade to impose protection, and lacking the resources to transform their domestic industries, they have found a third solution. Their rapid and flexible response to market opportunity stems from what Katzenstein calls "democratic corporatism," a mixture of ideological consensus, centralized politics, and complex bargains among politicians, merest groups, and bureaucrats. Democratic corporatism is the solution these nations have developed in response to the economic crises of the 1930s and 1940s, the liberal international economy established after World War II, and the volatile markets of more recent years. Katzenstein maintains that democratic corporatism is an effective way of coping with a rapidly changing world, a more effective way than the United States and several other large industrial countries have yet managed to discover.

This book focuses on the state level analysing factors that determine small state survival and proliferation. It demonstrates theoretically, quantitatively, and historically that small state survival depends first-and-foremost on the structure and particular features of the states system in which the small state finds itself.

Offering empirical richness within a consistent theoretical framework, this work provides a comprehensive examination of small state foreign policy.

Theoretically innovative and empirically expansive, A Small State's Guide to Influence in World Politics sets out to become the new authority for the study of small states in International Relations (IR). The book's explanatory approach allows for a comparison of small states' situations and relationships across a global selection of some twenty cases in issues of international security, economy, and institutions. In doing so, it shows how IR's longstandingneglect of small states is a missed opportunity--not just for understanding small states but for developing better theories of IR.

Smaller nations have a special place in the international system, with a striking capacity to defy the expectations of most observers and many prominent theories of international relations. This volume of classic essays highlights the ability of small states to counter power with superior commitment, to rely on tightly knit domestic institutions with a shared "ideology of social partnership," and to set agendas as "norm entrepreneurs." The volume is organized around themes such as how and why small states defy expectations of realist approaches to the study of power; the agenda-setting capacity of smaller powers in international society and in regional governance structures such as the European Union; and how small states and representatives from these societies play the role of norm entrepreneurs in world politics -- from the promotion of sustainable solutions to innovative humanitarian programs and policies..

Comprehensive and timely, this Handbook identifies the key characteristics, challenges and opportunities involved in the politics of small states across the globe today. Acknowledging the historical legacies behind these states, the chapters unpack the costs and benefits of different political models for small states.

This book provides a critical examination of the foreign policy choices of one typical small state, New Zealand, as it faces the changing global balance of power. New Zealand’s foreign policy challenges are similar with those faced by many other small states in the world today and are ideally suited to help inform theoretical debates on the role of small states in the changing international system. The book analyses how a small state such as New Zealand is adjusting to the changing geopolitical, geo-economic, environment. The book includes perspectives from some of New Zealand's leading as well as emerging commentators on New Zealand foreign policy.