Models Of Capitalism In The European Union

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Is the European Union Capable of Integrating Diverse Models of Capitalism?

Alison Johnston,Aidan Regan
Is the European Union Capable of Integrating Diverse Models of Capitalism Book PDF

Author : Alison Johnston,Aidan Regan
Publisher : Routledge
Page : 114 pages
File Size : 53,5 Mb
Release : 2021-03-31
Category : Political Science
ISBN : 9781000373721

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Is the European Union Capable of Integrating Diverse Models of Capitalism? by Alison Johnston,Aidan Regan Pdf

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.

Models of Capitalism in the European Union

Beáta Farkas
Models of Capitalism in the European Union Book PDF

Author : Beáta Farkas
Publisher : Springer
Page : 541 pages
File Size : 53,5 Mb
Release : 2016-09-07
Category : Political Science
ISBN : 9781137600578

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Models of Capitalism in the European Union by Beáta Farkas Pdf

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

Steffen Lehndorff
A triumph of failed ideas European models of capitalism in the crisis Book PDF

Author : Steffen Lehndorff
Publisher : ETUI
Page : 286 pages
File Size : 51,7 Mb
Release : 2012
Category : Capitalism
ISBN : 9782874522468

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A triumph of failed ideas: European models of capitalism in the crisis by Steffen Lehndorff Pdf

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.

Changing Models of Capitalism in Europe and the U.S.

Richard Deeg,Gregory Jackson
Changing Models of Capitalism in Europe and the U S Book PDF

Author : Richard Deeg,Gregory Jackson
Publisher : Routledge
Page : 168 pages
File Size : 47,6 Mb
Release : 2016-04-14
Category : Political Science
ISBN : 9781317625636

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Changing Models of Capitalism in Europe and the U.S. by Richard Deeg,Gregory Jackson Pdf

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.

Varieties of Capitalism and Europeanization

Georg Menz
Varieties of Capitalism and Europeanization Book PDF

Author : Georg Menz
Publisher : OUP Oxford
Page : 304 pages
File Size : 40,6 Mb
Release : 2008-11-20
Category : Political Science
ISBN : 9780191564154

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Varieties of Capitalism and Europeanization by Georg Menz Pdf

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.

The EU and the Global Financial Crisis

Christian Schweiger
The EU and the Global Financial Crisis Book PDF

Author : Christian Schweiger
Publisher : Edward Elgar Publishing
Page : 224 pages
File Size : 41,7 Mb
Release : 2014-05-30
Category : Political Science
ISBN : 9781781003893

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The EU and the Global Financial Crisis by Christian Schweiger Pdf

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

Transnational Capitalism and the Struggle over European Integration

Bastiaan van Apeldoorn
Transnational Capitalism and the Struggle over European Integration Book PDF

Author : Bastiaan van Apeldoorn
Publisher : Routledge
Page : 241 pages
File Size : 54,8 Mb
Release : 2003-08-27
Category : Business & Economics
ISBN : 9781134521616

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Transnational Capitalism and the Struggle over European Integration by Bastiaan van Apeldoorn Pdf

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.

The Futures of European Capitalism

Vivien A. Schmidt
The Futures of European Capitalism Book PDF

Author : Vivien A. Schmidt
Publisher : OUP Oxford
Page : 372 pages
File Size : 47,7 Mb
Release : 2002-08-15
Category : Political Science
ISBN : 9780191039393

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The Futures of European Capitalism by Vivien A. Schmidt Pdf

In this path-breaking book, the author argues that European countries' political-economic policies, practices, and discourses have changed profoundly in response to globalization and Europeanization, but they have not converged. Although national policies may now be more similar, especially where they follow from common European policies, they are not the same. National practices, although moving in the same general direction toward greater market orientation, continue to be differentiable into not just one or even two but three varieties of capitalism. And national discourses that generate and legitimate changes in policies and practices not only remain distinct, they matter. The book is a tour de force which combines sophisticated theoretical insights and innovative methods to show that European countries generally, but in particular Britain, France, and Germany (for which the book provides lengthy case studies), have had very different experiences of economic adjustment, and will continue to do so into the future.

The European Union and Global Capitalism Origins, Development, Crisis

Magnus Ryner,Alan W. Cafruny
The European Union and Global Capitalism Origins Development Crisis Book PDF

Author : Magnus Ryner,Alan W. Cafruny
Publisher : Unknown
Page : 0 pages
File Size : 44,6 Mb
Release : 2024-06-02
Category : Capitalism
ISBN : 1350363537

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The European Union and Global Capitalism Origins, Development, Crisis by Magnus Ryner,Alan W. Cafruny Pdf

"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?."--

Creative Reconstructions

Orfeo Fioretos
Creative Reconstructions Book PDF

Author : Orfeo Fioretos
Publisher : Cornell University Press
Page : 262 pages
File Size : 47,9 Mb
Release : 2011-08-15
Category : Political Science
ISBN : 9780801460715

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Creative Reconstructions by Orfeo Fioretos Pdf

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

Magnus Ryner,Alan Cafruny
The European Union and Global Capitalism Book PDF

Author : Magnus Ryner,Alan Cafruny
Publisher : Bloomsbury Publishing
Page : 256 pages
File Size : 45,8 Mb
Release : 2016-12-16
Category : Political Science
ISBN : 9781137608918

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The European Union and Global Capitalism by Magnus Ryner,Alan Cafruny Pdf

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?

Rethinking European Integration History in Light of Capitalism

Aurélie D. Andry,Emmanuel Mourlon-Druol,Haakon A. Ikonomou,Quentin Jouan
Rethinking European Integration History in Light of Capitalism Book PDF

Author : Aurélie D. Andry,Emmanuel Mourlon-Druol,Haakon A. Ikonomou,Quentin Jouan
Publisher : Routledge
Page : 237 pages
File Size : 42,8 Mb
Release : 2022-06-01
Category : History
ISBN : 9781000596656

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Rethinking European Integration History in Light of Capitalism by Aurélie D. Andry,Emmanuel Mourlon-Druol,Haakon A. Ikonomou,Quentin Jouan Pdf

This book outlines the possibilities and perspectives of an intertwining of European integration historiography with the history and concept of capitalism. Although debates on capitalism have been making a comeback since the 2008 crisis, to date the concept of capitalism remains almost completely avoided by historians of European integration. This book thus conceptualizes ‘capitalism’ as a useful analytical tool that should be used by historians of European integration and proposes three major approaches for them to do so: first, by bringing the question of social conflict, integral to the concept of capitalism, into European integration history; second, by better conceptualizing the link between European governance, Europeanization and the globalization of capitalism; and thirdly by investigating the economic, political and ideological models or doctrines that underlie European cooperation, integration, policies and institutions. This analytical encounter between European integration history and capitalism allows for a better understanding of how today’s "Europe" resulted from a complex social, economic and political conflict that took place in part at the European level. The chapters in this book were originally published as a special issue of the journal, the European Review of History.

Business Leaders and New Varieties of Capitalism in Post-Communist Europe

Katharina Bluhm,Bernd Martens,Vera Trappmann
Business Leaders and New Varieties of Capitalism in Post Communist Europe Book PDF

Author : Katharina Bluhm,Bernd Martens,Vera Trappmann
Publisher : Routledge
Page : 301 pages
File Size : 42,7 Mb
Release : 2013-09-23
Category : Social Science
ISBN : 9781136023446

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Business Leaders and New Varieties of Capitalism in Post-Communist Europe by Katharina Bluhm,Bernd Martens,Vera Trappmann Pdf

Business leaders exert extraordinary influence on institution building in market economies but they think and act within institutional settings. This book combines both an elite approach with a varieties-of-capitalism approach. Comparing Poland, Hungary and East and West Germany, we perceive the transformations in East Central Europe and in Germany after 1989 as being intertwined. Based on a joint survey, this book seeks to measure the level of the convergence of ideas among European business leaders, assuming it to be more extensive than the institutional convergence expected under the dominance of neoliberal discourse. Analyzing the institutional framework, organizational features like size, ownership and labour relations, and subjective characteristics like age, social origin, career patterns and attitudes of the recent business elites, we found significant differences between countries and the types of organization. The growing importance of economic degrees and internationalization shows astonishingly little explanatory power on the views of business leaders. The idea of a coordinated market economy is still relatively widespread among Germans, while their Hungarian and Polish counterparts are more likely to display a minimalist view of corporate responsibility to society and adverse attitudes towards employee representation. However, their attitudes frequently tend to be inconsistent, which mirrors the mixed type of capitalism in East Central Europe.

Europeanization, Varieties of Capitalism and Economic Performance in Central and Eastern Europe

L. Cernat
Europeanization Varieties of Capitalism and Economic Performance in Central and Eastern Europe Book PDF

Author : L. Cernat
Publisher : Springer
Page : 222 pages
File Size : 48,5 Mb
Release : 2016-01-18
Category : Business & Economics
ISBN : 9780230501683

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Europeanization, Varieties of Capitalism and Economic Performance in Central and Eastern Europe by L. Cernat Pdf

By combining insights from Europeanization, globalization, varieties of capitalism, and policy transfer literature, this book reconceptualizes the dynamics taking place during the EU enlargement process and makes a major contribution to the understanding of the relationships between institutional transformation and economic performance.

Is the European Union Capable of Integrating Diverse Models of Capitalism?

Alison Johnston,Aidan Regan
Is the European Union Capable of Integrating Diverse Models of Capitalism Book PDF

Author : Alison Johnston,Aidan Regan
Publisher : Routledge
Page : 164 pages
File Size : 40,5 Mb
Release : 2021-03-31
Category : Political Science
ISBN : 9781000373813

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Is the European Union Capable of Integrating Diverse Models of Capitalism? by Alison Johnston,Aidan Regan Pdf

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.