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Beyond Varieties of Capitalism - Conflict, Contradictions, and Complementarities in the European Economy (Hardcover)
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Beyond Varieties of Capitalism - Conflict, Contradictions, and Complementarities in the European Economy (Hardcover)
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Since the early 1990s, Europe's economies have been facing several
new challenges: the 1992 single market programme, the collapse of
the Berlin wall and eastward enlargement, and monetary unification.
Building on the influential Varieties of Capitalism (VoC)
perspective, first elaboarted in detail in the book Varieties of
Capitalism OUP, 2001), this book critically analyzes these
developments in the European political economy and their effects on
the continental European economies.
Leading political economists from Europe and the US debate how VoC
can help understand the political-economic challenges that Europe
is facing today and how understanding these new challenges can in
turn enrich and enhance the VoC perspective. Thematically, the
contributions to this volume are organised in four sections:
* how the macro-economics of EMU influenced different European
models of capitalism,
* how the Single Market programme was received in the different
institutional regimes in European capitalism,
* how welfare and labour market reforms are debated and
implemented,
* how European capitalism travelled east after 1989.
Preceding this is a spirited defence of the VoC approach by Peter
Hall, and an introduction from the volume editors, considering the
approach, and proposing extensions and amendments. This book
demonstrates that the VoC approach remains, as the editors put it
in their introduction, a rich seam to mine, capable of
accommodating new developments, and theoretically flexible enough
to branch out into new arguments.
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