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Corporatism and Economic Performance : A Comparative Analysis of Market Economics : New Directions in Modern Economics - Andrew Henley

Corporatism and Economic Performance : A Comparative Analysis of Market Economics

New Directions in Modern Economics

Hardcover Published: January 1993
ISBN: 9781852785390
Number Of Pages: 232

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The industrialized economies of the world have experienced a considerable diversity of economic experience since the economic shocks of the 1970s. Drawing upon the experience of the last two decades, Corporatism and Economic Performance assesses the institutional determinants of economic performance in a comparative analysis of OECD economies, and in particular the role played by corporatist arrangements in such countries as Austria and the Scandinavian states.
Andrew Henley and Euclid Tsakalotos argue that economists often have too narrow a view of the scope and function of corporatism, focusing exclusively on the extent to which collective bargaining is centralized, and ignoring the important role of durable, consensual policy-making arrangements. The authors assess the record of the corporatist economies and find considerable evidence that they have born the burden of economic adjustment since the early 1970s in a less inegalitarian way than other OECD economies, with lower rates of unemployment and greater economic stability.
In an increasingly integrated world economy, the future prospects for corporatism look uncertain although the economic case for corporatist institutions remains. This book focuses on corporatism as a complex and multidimensional entity, examining the rationale, scope, performance and future prospects of corporatist institutions.

Introduction: An Overview of Economic Performance in Corporatist and Liberal Economiesp. 1
Institutions and Economic Performancep. 22
Corporatism, Labour Market Institutions and Unemploymentp. 46
The political Economy of Durable Compromisep. 87
Growth, Competitiveness and Income Distributionp. 118
Corporatism and Macroeconomic Policyp. 148
Conclusions: Problems and Prospectsp. 170
Referencesp. 190
Author Indexp. 210
Subject Indexp. 214
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9781852785390
ISBN-10: 185278539X
Series: New Directions in Modern Economics
Audience: Tertiary; University or College
Format: Hardcover
Language: English
Number Of Pages: 232
Published: January 1993
Publisher: Edward Elgar Publishing Ltd
Country of Publication: GB
Dimensions (cm): 22.86 x 15.24  x 2.54
Weight (kg): 0.39

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