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Institutional Change after the Great Recession - European Growth Models at the Crossroads (Hardcover)
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Institutional Change after the Great Recession - European Growth Models at the Crossroads (Hardcover)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 17 working days
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This book combines demand-led growth models and the
institutionalist approach, in order to explain the macroeconomic
performance of the main European countries in recent years followed
by which a coherent explanation of the institutional change since
the Great Recession, including the economic policy response to the
economic and financial crisis (2008) and to the debt crisis (2010)
is provided. A "Comparative Political Economy" (CPE) analytical
framework and provide an institutional base to the different
European growth models is built, in general terms over the period
1995-2018. The results allow us to link diverse growth dynamics to
the changes of the institutional framework as a consequence of the
economic and financial crises. In each chapter for country case
studies (France, Germany, Italy, Spain, Greece, Sweden, UK and
Poland) there;'s an ntroduction with a general characterization of
the country and the most relevant changes that have occurred
subsequently (main legislative milestones or changes in the
behaviour of social agents) especially the process of dualization
or deregulation of European economies. In addition, an analysis of
the macroeconomic evolution and the situation of the labour market
before and after the crisis from a demand-side perspective is
included, concluding with the linkages between both issues and the
characterization of the growth model. This book is of special
interest to all the students and university professors who will use
this book to be able to follow a multitude of subjects from Applied
Economy to International Economic Structure but can also be useful
for researchers, doctoral students and teaching staff who want to
expand knowledge in the fields of comparative political economy,
institutions and the European Union. In general, this book is aimed
at anyone interested in expanding their knowledge of the evolution
of Europe today.
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