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Anke Hassel (Hertie School) and Bruno Palier (Sciences Po) jointly present their new book Growth and Welfare in Advanced Capitalist Economies: How Growth Regimes Evolve, In the Departmental Seminar Series

Dates:
  • Wed 03 Jun 2020 17.00 - 18.30
  Add to Calendar 2020-06-03 17:00 2020-06-03 18:30 Europe/Paris Anke Hassel (Hertie School) and Bruno Palier (Sciences Po) jointly present their new book Growth and Welfare in Advanced Capitalist Economies: How Growth Regimes Evolve, In the Departmental Seminar Series

SPS Departmental Seminar Series

EUI Internal event

Abstract: This book takes stock of the major economic challenges that advanced industrial democracies have faced since the early 1990s and the responses by governments to them. It has three goals: firstly, to further our understanding of how political economies have transformed over the past decades; secondly, to analyse the contribution of governments to these changes, by looking at their growth strategies and thirdly, to highlight and analyse the role of the reforms of welfare systems in this transformative change. In a nutshell, this book maps and provides general understanding of the evolution of growth regimes in advanced capitalist countries. It argues that all political economies consist of growth regimes, which are based on a set of institutions that shape the supply side of the economy as well as on demand drivers such as exports, government spending and private consumption. It identifies five main growth regimes in contemporary advanced capitalist economies (three export-led and two domestic demand-led ones). To do so the book combines a supply side approach to economic growth as advocated by the Varieties of Capitalism literature (OUP 2001) with a demand side perspective as the recent discussion on growth models has exemplified. Both supply and demand are heavily shaped by the welfare state which provides for skills through education systems and stimulates demand through high social spending and private pension funds. This is why this book eventually focuses on the analysis of welfare reforms as growth strategies pursued by governments in an era characterised by financialisation and the rise of the knowledge economy.

Via Zoom - - DD/MM/YYYY
  Via Zoom - -

SPS Departmental Seminar Series

EUI Internal event

Abstract: This book takes stock of the major economic challenges that advanced industrial democracies have faced since the early 1990s and the responses by governments to them. It has three goals: firstly, to further our understanding of how political economies have transformed over the past decades; secondly, to analyse the contribution of governments to these changes, by looking at their growth strategies and thirdly, to highlight and analyse the role of the reforms of welfare systems in this transformative change. In a nutshell, this book maps and provides general understanding of the evolution of growth regimes in advanced capitalist countries. It argues that all political economies consist of growth regimes, which are based on a set of institutions that shape the supply side of the economy as well as on demand drivers such as exports, government spending and private consumption. It identifies five main growth regimes in contemporary advanced capitalist economies (three export-led and two domestic demand-led ones). To do so the book combines a supply side approach to economic growth as advocated by the Varieties of Capitalism literature (OUP 2001) with a demand side perspective as the recent discussion on growth models has exemplified. Both supply and demand are heavily shaped by the welfare state which provides for skills through education systems and stimulates demand through high social spending and private pension funds. This is why this book eventually focuses on the analysis of welfare reforms as growth strategies pursued by governments in an era characterised by financialisation and the rise of the knowledge economy.


Location:
Via Zoom - -

Affiliation:
Department of Political and Social Sciences

Type:
Seminar series

Contact:
Jennifer Rose Dari (EUI - Department of Political and Social Sciences) - Send a mail

Organiser:
Prof. Miriam Golden (EUI - Department of Political and Social Sciences)

Speaker:
Prof. Anke Hassel (Hertie School of Governance)
Prof. Bruno Palier (CEE/LIEPP)
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Page last updated on 18 August 2017