Models Of Capitalism In The European Union

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Models Of Capitalism In The European Union

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Author : Beáta Farkas
language : en
Publisher: Springer
Release Date : 2016-09-07

Models Of Capitalism In The European Union written by Beáta Farkas and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-07 with Political Science categories.

This book uses comparative economic analysis to provide a common conceptual framework for all current European Union member states. Based on empirical investigation, the author identifies the Nordic, North-western, Mediterranean, and Central and Eastern models of capitalism on the threshold of the 2008 global financial and economic crisis. The chapters also examine the resulting institutional responses to the crisis and the methods of crisis management adopted by each member state. The analysis reveals that the crisis has not triggered radical institutional change but, instead, highlighted deep institutional differences not between the old and new member states, but between the Nordic, North-western, Mediterranean, and Central and Eastern European countries. These institutional differences are so significant that they require the rethinking of European integration theory. Models of Capitalism in the European Union serves as a useful handbook for academics, advanced students, policy-makers and advisors who are interested in European economic issues.

A Triumph Of Failed Ideas European Models Of Capitalism In The Crisis

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Author : Steffen Lehndorff
language : en
Publisher: ETUI
Release Date : 2012

A Triumph Of Failed Ideas European Models Of Capitalism In The Crisis written by Steffen Lehndorff and has been published by ETUI this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Capitalism categories.

The current crisis in Europe is being labelled, in mainstream media and politics, as a ‘public debt crisis’. The present book draws a markedly different picture. What is happening now is rooted, in a variety of different ways, in the destabilisation of national models of capitalism due to the predominance of neoliberalism since the demise of the post-war ‘golden age’. Ten country analyses provide insights into national ways of coping – or failing to cope – with the ongoing crisis. They reveal the extent to which the respective socio-economic development models are unsustainable, either for the country in question, or for other countries. The bottom-line of the book is twofold. First, there will be no European reform agenda at all unless each country does its own homework. Second, and equally urgent, is a new European reform agenda without which alternative approaches in individual countries will inevitably be suffocated. This message, delivered by the country chapters, is underscored by more general chapters on the prospects of trade union policy in Europe and on current austerity policies and how they interact with the new approaches to economic governance at the EU level. These insights are aimed at providing a better understanding across borders at a time when European rhetoric is being used as a smokescreen for national egoism.

Is The European Union Capable Of Integrating Diverse Models Of Capitalism

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Author : Alison Johnston
language : en
Publisher: Routledge
Release Date : 2021-03-31

Is The European Union Capable Of Integrating Diverse Models Of Capitalism written by Alison Johnston and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-31 with Political Science categories.

The 2009 European sovereign debt crisis and the EU’s policy response to it have prompted scholars to re-think whether diverse national models of capitalism can thrive within the European Union (EU). Are some national economic systems better suited to adapt to European integration than others, and if so, why? Contributions within this volume provide a qualified yes to these questions raised, concluding that the EU favors export-led growth models while it penalizes and discourages domestic consumption-oriented growth paths, particularly those that are financed by debt-accumulation. The book questions whether the EU is capable of integrating these diverse capitalist regimes. This volume adds a comparative capitalism perspective to EU integration scholarship in order to demonstrate that ever-closer union is not capable of accommodating diversity in national economic institutions. Chapters in this volume provide an innovative framework for understanding what factors related to European integration impede the economic and political integration of diverse European market economies. While recent comparative capitalism literature highlights that European monetary integration has favored export-led growth regimes, contributions in this volume outline that the EU’s prioritization of export-led growth over domestic-demand led growth is present in other facets of integration, including EU accession, financial integration, the free movement of people, fiscal governance and the Europe 2020 growth strategy. The chapters in this book were originally published as a special issue of New Political Economy.

Changing Models Of Capitalism In Europe And The U S

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Author : Richard Deeg
language : en
Publisher: Routledge
Release Date : 2016-04-14

Changing Models Of Capitalism In Europe And The U S written by Richard Deeg and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-14 with Political Science categories.

The volume analyzes the long-term trajectories of change in the capitalist models of the UK, Germany, Sweden, France, Italy, Hungary, Slovakia, and the United States. The case studies identify critical junctures and key periods of change in order to show how institutions are shaped by different sets of socio-political compromises and public policy. The case studies follow a common methodology, comparing change and linkages across six core institutional domains, thus facilitating a comparative understanding of the patterns and drivers of institutional change, as well as how liberalisation impacts countries in similar and dissimilar ways. The historical perspective of the cases highlights the transformative effects of relatively slow and incremental changes. These case studies also make an innovative contribution to examining the linkages between four levels of institutions that regulate the economy – the international, macro (national), meso, and micro. The volume reveals both a common trend toward more liberal forms of capitalism but also variations on this overarching trajectory. Markets themselves create their own dynamics, which have varied effects on firms and other economic actors in historically diverse institutional contexts. This book was originally published as a special issue of the Journal of European Public Policy.

The Eu And The Global Financial Crisis

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Author : Christian Schweiger
language : en
Publisher: Edward Elgar Publishing
Release Date : 2014-05-30

The Eu And The Global Financial Crisis written by Christian Schweiger and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-30 with Political Science categories.

This authoritative book offers a complete breakdown of the EUês political economy in the wake of the global financial crisis and will therefore appeal to students of European politics, international political economy and European studies, as well as po

Varieties Of Capitalism And Europeanization

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Author : Georg Menz
language : en
Publisher: OUP Oxford
Release Date : 2008-11-20

Varieties Of Capitalism And Europeanization written by Georg Menz and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-11-20 with Political Science categories.

Europeanization has often been conceived as a top-down process, necessitating implementation and adjustment at the national level. However, Europeanization can also be conditioned by bottom-up national initiatives. While recent endeavors in comparative political economy have emphasized the resilience of coordinated market economies, few detailed empirical studies have examined to date exactly how different European systems of political-economic governance cope with and respond to an European impetus for liberalization. This original study of the impact of the EU-induced liberalization of service provision on member states argues that innovative national re-regulatory strategies may be implemented in response to Europeanization. In permitting any company registered in an EU member state to provide services throughout Europe, new possibilities were created for the transnational posting of workers from low-wage to high-wage countries. However, high-wage countries could re-regulate the wage levels applicable to such employees. The exact nature of such response strategy is coloured by the respective institutional power that labour market interest associations like trade unions and employer associations command. Therefore, different institutionalised varieties of capitalism generate distinct re-regulations of the Single European Market. Drawing on detailed case studies of ten European countries, this volume bridges the gap between the rapidly unfolding scholarly debate on Europeanization and varieties of capitalism. It argues that both strongly neocorporatist systems of political-economic governance and statist systems are capable of creating swift, comprehensive and thorough national re-regulations. This applies to Austria and France, but also Sweden, Denmark, Norway, Finland, Belgium, and Luxembourg. By contrast, countries with less strongly embedded neocorporatist structures, in which due to organizational deficiencies trade unions face difficulties blocking employer demands, create liberal response strategies, permitting a stratification of wage levels. Hence, both Germany and the Netherlands implemented liberal business-friendly re-regulations. The volume makes the case for important amendments to existing accounts of Europeanization and varieties of capitalism. Scholars of Europeanization need to incorporate bottom-up re-regulation into their conceptual framework, particularly in response to 'negative integration'. Recent strides in comparative political economy have placed great emphasis on continued divergence, yet this study suggests that even within the presumably unified group of 'non-liberal' coordinated market economies important institutional differences produce very distinct responses in the face of European liberalization.

Transnational Capitalism And The Struggle Over European Integration

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Author : Bastiaan van Apeldoorn
language : en
Publisher: Routledge
Release Date : 2003-08-27

Transnational Capitalism And The Struggle Over European Integration written by Bastiaan van Apeldoorn and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-08-27 with Business & Economics categories.

This book presents an analysis of the transnational social forces in the making of a new European socio-economic order that emerged out of the European integration process during the 1980s and 1990s. Arguing that the political economy of European integration must be put within the context of a changing global capitalism, Van Apeldoorn examines how European change is linked to global change and how transnational actors mediate these changes.

Varieties Of Capitalism And The Political Economy Of Differentiated Integration In Europe

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Author : Rafał Riedel
language : en
Publisher: Edward Elgar Publishing
Release Date : 2024-06-05

Varieties Of Capitalism And The Political Economy Of Differentiated Integration In Europe written by Rafał Riedel and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-06-05 with Political Science categories.

In this forward-thinking book, Rafał Riedel and Jakub Anusik explore the dynamics and determinants of one of the most salient issues facing contemporary Europe: differentiated integration. Going beyond static models of differentiated integration in Europe built on legal-institutional criteria, Riedel and Anusik capture the dynamism of the system by employing both a political economy perspective and the varieties of capitalism framework. This title contains one or more Open Access chapters.

Creative Reconstructions

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Author : Orfeo Fioretos
language : en
Publisher: Cornell University Press
Release Date : 2011-08-15

Creative Reconstructions written by Orfeo Fioretos and has been published by Cornell University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-08-15 with Political Science categories.

Twentieth-century Europe was an intense laboratory of capitalist experimentation. Confronted with economic booms and crises, technological revolutions, and economic globalization, Western Europe’s governments constantly explored alternative ways of managing domestic economic systems and international commerce. Bridging comparative and international political economy, Creative Reconstructions compellingly expands our understanding of the historic relationship between varieties of capitalism and international cooperation. Orfeo Fioretos’ pathbreaking analysis places multilateral institutions at the center of the study of capitalism. He highlights the role played by governments’ multilateral strategies in shaping the national trajectories of capitalism in Great Britain, France, and Germany. Fioretos shows that membership in international organizations such as the European Union and its precursors was an integral innovation in the domestic management of capitalism that came to play a central, if varied, role in shaping the evolution of modern market economies. Spanning six decades from the postwar period to the global crisis of 2008, Creative Reconstructions details the opportunities and constraints that multilateral engagements entailed for reforms in national financial, corporate governance, industrial relations, and innovation systems. In vivid analytical narratives, Fioretos shows how multilateral institutions served to reinforce and at times to undermine ambitious domestic reform programs. Creative Reconstructions deepens our understanding of modern capitalism in Europe and offers valuable lessons for regions beyond its borders.

The European Union And Global Capitalism Origins Development Crisis

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Author : Magnus Ryner
language : en
Publisher:
Release Date :

The European Union And Global Capitalism Origins Development Crisis written by Magnus Ryner and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on with Capitalism categories.

"This book draws on critical theory to introduce readers to ways of exploring questions about the EU from a political economy perspective, questions like: -Does the EU help or hinder Europe's 'social models' to face the challenges of globalization? - Does the EU represent a break from Europe's imperial past? - What were the causes of the Eurozone crisis?."--