Institutional Change after the Great Recession -

Institutional Change after the Great Recession

European Growth Models at the Crossroads
Buch | Softcover
406 Seiten
2023
Routledge (Verlag)
978-1-032-00724-3 (ISBN)
49,85 inkl. MwSt
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.
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.

Luis Cárdenas holds a PhD in Economics from the Complutense University of Madrid. He is also an associate researcher at the Complutense Institute for International Studies (ICEI) and is Associate Professor of Macroeconomics at the Universidad Complutense. He has been also a visiting researcher at the National Autonomous University of Mexico (UNAM). His research has been focused on macroeconomic analysis and labor economics, and it has been published in articles in Structural Change and Economic Dynamics, Cambridge Journal of Economics, British Journal of Industrial Relations, International Labour Review, Review of Keynesian Economics, Spanish Journal of Economics and Finance, among others. Javier Arribas currently works as Associate Lecturer at the Complutense University of Madrid and at the Rey Juan Carlos University. He holds a Ph. D. in Economics at the Universidad Complutense, Madrid. The Ph. D. was funded by a doctoral research fellowship granted by the Madrid City Hall. He has been Visiting Lecturer and Visiting researcher in Quito (Ecuador) or Mar del Plata (Argentina). His research has been focused on public services, institutional economy and History of economic thought. His research line includes publications in Journal of Economic Issues or Ola Financiera.

Introduction

2. Foundations of a growth model perspective






Institutional reform and changes in the economic governance of the European Union after the economic crisis



France: low inequality despite poor economic performance. Analyzing the role of workers protection institutions in a debt-financed consumption-led model



The mechanics of German capitalism: dualism and inequality in an export-led economy



The impact of the institutional change on the economic growth path in Greece



Italy and the Global Financial Crisis: The Fallacy of Debt-led Growth through Moderation, Austerity, and Populism



In the Eye of the Storm: the "success" of the Spanish growth model



This Time was Different. The Crisis that Went Past Sweden



Financial services industry power and labour market polarization in the UK debt-led growth model



Financial and economic crisis within the EU: consequences for the Polish banking institutional system



Conclusions

Erscheinungsdatum
Reihe/Serie Routledge Frontiers of Political Economy
Zusatzinfo 6 Tables, black and white; 13 Line drawings, black and white; 13 Illustrations, black and white
Verlagsort London
Sprache englisch
Maße 156 x 234 mm
Gewicht 580 g
Themenwelt Sozialwissenschaften Politik / Verwaltung
Wirtschaft Volkswirtschaftslehre Makroökonomie
Wirtschaft Volkswirtschaftslehre Wirtschaftspolitik
ISBN-10 1-032-00724-9 / 1032007249
ISBN-13 978-1-032-00724-3 / 9781032007243
Zustand Neuware
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