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Rethinking Comparative Political Economy

Author

Listed:
  • Lucio Baccaro

    (Université de Genève)

  • Jonas Pontusson

    (Université de Genève)

Abstract

This paper develops an analytical approach to comparative political economy that focuses on the relative importance of different components of aggregate demand—in the first instance, exports and household consumption—and dynamic relations among the “demand drivers†of growth. We illustrate this approach by comparing patterns of economic growth in Germany, Italy, Sweden, and the United Kingdom over the period 1994–2007. Our discussion emphasizes that export-led growth and consumption-led growth have different implications for distributive conflict.

Suggested Citation

  • Lucio Baccaro & Jonas Pontusson, 2016. "Rethinking Comparative Political Economy," Politics & Society, , vol. 44(2), pages 175-207, June.
    • Handle: RePEc:sae:polsoc:v:44:y:2016:i:2:p:175-207
    DOI: 10.1177/0032329216638053
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    Citations

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    Cited by:

    1. Jonas Pontusson & David Weisstanner, 2017. "The Political Economy of Compensatory Redistribution: Unemployment, Inequality and Policy Choice," LIS Working papers 684, LIS Cross-National Data Center in Luxembourg.
    2. Chrysafis Iordanoglou & Manos Matsaganis, 2017. "Why Grexit cannot save Greece (but staying in the Euro area might)," LEQS – LSE 'Europe in Question' Discussion Paper Series 123, European Institute, LSE.
    3. Greg Fuller & Alison Johnston & Aidan Regan, 2018. "Bringing the Household Back in. Comparative Capitalism and the Politics of Housing Markets," Working Papers 201807, Geary Institute, University College Dublin.
    4. Eckhard Hein & Walter Paternesi Meloni & Pasquale Tridico, 2021. "Welfare models and demand-led growth regimes before and after the financial and economic crisis," Review of International Political Economy, Taylor & Francis Journals, vol. 28(5), pages 1196-1223, October.
    5. Hopkin, Jonathan & Blyth, Mark, 2018. "The global economics of European populism: growth regimes and party system change in Europe (The Government and Opposition/Leonard Schapiro Lecture 2017)," LSE Research Online Documents on Economics 100094, London School of Economics and Political Science, LSE Library.
    6. Scharpf, Fritz W., 2018. "There is an alternative: A two-tier European currency community," MPIfG Discussion Paper 18/7, Max Planck Institute for the Study of Societies.
    7. Baccaro, Lucio & Howell, Chris, 2017. "Unhinged: Industrial relations liberalization and capitalist instability," MPIfG Discussion Paper 17/19, Max Planck Institute for the Study of Societies.
    8. Engelbert Stockhammer & Joel Rabinovich & Niall Reddy, 2018. "Distribution, wealth and demand regimes in historical perspective," FMM Working Paper 14-2018, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    9. repec:spo:wpmain:info:hdl:2441/279c1p74ui9kcrejshiub9vspv is not listed on IDEAS
    10. Engelbert Stockhammer & Syed Mohib Ali, 2018. "Varieties of Capitalism and post-Keynesian economics on Euro crisis," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 44(3), pages 349-370.
    11. Scharpf, Fritz W., 2016. "Forced structural convergence in the eurozone: Or a differentiated European monetary community," MPIfG Discussion Paper 16/15, Max Planck Institute for the Study of Societies.
    12. Garcia-Bernardo, Javier & Reurink, Arjan, 2019. "Competing with whom? European tax competition, the "great fragmentation of the firm," and varieties of FDI attraction profiles," MPIfG Discussion Paper 19/9, Max Planck Institute for the Study of Societies.
    13. Höpner, Martin, 2019. "The German undervaluation regime under Bretton Woods: How Germany became the nightmare of the world economy," MPIfG Discussion Paper 19/1, Max Planck Institute for the Study of Societies.
    14. Dorothee Bohle, 2017. "Mortgaging Europe’s periphery," LEQS – LSE 'Europe in Question' Discussion Paper Series 124, European Institute, LSE.
    15. Élodie Béthoux & Roland Erne & Darragh Golden, 2018. "A Primordial Attachment to the Nation? French and Irish Workers and Trade Unions in Past EU Referendum Debates," British Journal of Industrial Relations, London School of Economics, vol. 56(3), pages 656-678, September.
    16. repec:hal:spmain:info:hdl:2441/279c1p74ui9kcrejshiub9vspv is not listed on IDEAS
    17. Liagouras, George, 2018. "On the Edge of the South European Model: Familism, Business and State in Greece," OSF Preprints 8eqmb, Center for Open Science.
    18. Höpner, Martin & Seeliger, Martin, 2017. "Transnationale Lohnkoordination zur Stabilisierung des Euro? Gab es nicht, gibt es nicht, wird es nicht geben," MPIfG Discussion Paper 17/13, Max Planck Institute for the Study of Societies.

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