Historically, high sovereign debt and austerity policies have coincided with regime-changing popular uprisings. Nicolae Ceausescu’s Romania was no exception. Why, when faced with a sovereign debt crisis in the 1980s, did his regime choose to pay its foreign debt as early as possible, at the cost of economic recession and dramatically compressed consumption? How did these choices relate to the regime’s failure to survive the end of the decade?

aking the case of migratory flows between Romania and Italy as a case study, this article investigates the ways in which spaces of economic transnationalism emerge and are reproduced over time. While the article finds that the role of the state in regulating the flow of money, people and goods across borders remains significant, it nevertheless provides evidence that state authority is systematically challenged by private actors even in the case

Is Brazil's economic policy regime a mere tinkering of the Washington Consensus? The evidence suggests that Brazilian governments institutionalized a hybrid policy regime that layers economically liberal priorities originating in the Washington Consensus and more interventionist ones associated with neo-developmentalist thinking. To capture this hybridity, the study calls this regime ‘liberal neo-developmentalism’. While defending the goal of