Making sense of gold and governance: the importance of practices and repertoires

Nicolas Jabko and Sebastian Schmidt
Additional contact information
Sebastian Schmidt: Johns Hopkins University

No qk9np_v1, SocArXiv from Center for Open Science

Abstract: Scholars regularly mobilise the concept of policy paradigm to characterise successive periods in which certain ideas appear to structure policymaking. While this concept proved useful to establish that ideas matter, it is time to start thinking about ideas in ways that better resonate with actors’ practices. This article introduces and empirically illustrates two conceptual alternatives. First, it looks at international monetary relations from 1944 through the early 1970s. Instead of simply labelling this period as ‘Keynesian,’ it shows that the enduring centrality of gold was a pivotal practice among policy makers. Second, it considers the governance of the Eurozone in the run-up to the crisis of the 2010s. Rather than viewing this period as ‘neoliberal,’ it highlights a new discursive repertoire of governance that produced both austerity and unconventional policies. In sum, practices and repertoires help to make sense of elements of continuity, ambiguity and contestation that are often obscured by ideational analysis.

Date: 2025-06-06
New Economics Papers: this item is included in nep-his, nep-hpe and nep-mon
References: Add references at CitEc
Citations:

Downloads: (external link)
https://osf.io/download/6841b2e4030282406d539292/

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:qk9np_v1

DOI: 10.31219/osf.io/qk9np_v1

Access Statistics for this paper

More papers in SocArXiv from Center for Open Science
Bibliographic data for series maintained by OSF ().