Erik Jones is Professor of European Studies at the SAIS Bologna Center of the Johns Hopkins University. He has taught previously at the University of Nottingham and the Central European University and he was a research fellow a the Centre for European Policy Studies in Brussels.

• Introduction


• 1: The Politics of Economic Adjustment


• 2: Consensual Adjustment in Consociational Democracy


• 3: The Implications of Change


• 4: 'Consensual' Adjustment in Post-Consociational Democracy


• Conclusion


• References

This book offers a provocative argument about the impact of political change on the economic strategies of small states, focusing on Belgium and the Netherlands. It argues that a transformation in the style of politics from consensus to competition has constrained the traditional formulas for economic policymaking.