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Uncertain Boundaries - The Social and Political Construction of European Economies (Paperback, New ed)
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Uncertain Boundaries - The Social and Political Construction of European Economies (Paperback, New ed)
Series: Cambridge Studies in Comparative Politics
Expected to ship within 12 - 19 working days
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During the post-World War II period, a pattern emerged in several
European countries: centralized and concerted political regulation
of the economy based on Keynesian policies, the development of the
welfare state and moderately successful attempts at tripartite
agreements. This pattern underwent a serious crisis in the 1980s,
however, and in the view of many observers was replaced by a
far-reaching deregulation of the economy. In contrast to this view,
Professor Regini argues that social and political institutions have
by no means lost their ability to structure economic activities.
They have, in fact, shaped the different ways in which the European
economies have adjusted to market conditions. Regini argues that
while it is wrong to see deregulation as a general trend taking
place in formerly institutionally regulated economies, the relevant
institutions have changed. A pattern of "micro-social" regulation
of European economies has emerged as a potential replacement for
the "macro-political" one, though the boundaries between the two
forms of regulation remain quite uncertain. This volume discusses
the conditions under which a change from a macro to a micro form
occurs, as well as the features of the emerging pattern.
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