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‘Varieties of Capitalism’ and the Greek case: explaining the constraints on domestic reform?

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  • Kevin Featherstone

Abstract

Comparisons of national economic performance or of welfare provision often seek to explain these by reference to the crucial distinguishing structural conditions of each domestic system, grouping countries into relevant typologies. In this context, Greece often stands as something of an exception to the dominant typologies or is simply left out. This paper seeks to partially fill this gap, trying to identify a Greek model/regime by looking into the literatures on neo-corporatism, varieties of capitalism and welfare regimes. To do so, it seeks to evaluate and explain the fate of domestic reform initiatives. Despite the fact that successive governments have expressed a will to enact domestic reforms, Greece’s performance in adopting reforms consistent, for example, with the Lisbon Agenda has been notably poor. Through this discussion, the paper derives a general hypothesis concerning Greece’s problems of ‘reform capacity’, in relation to the Lisbon Agenda.

Suggested Citation

  • Kevin Featherstone, 2008. "‘Varieties of Capitalism’ and the Greek case: explaining the constraints on domestic reform?," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 11, Hellenic Observatory, LSE.
    • Handle: RePEc:hel:greese:11
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    File URL: https://www.lse.ac.uk/Hellenic-Observatory/Assets/Documents/Publications/GreeSE-Papers/GreeSE-No11.pdf
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    References listed on IDEAS

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    1. Amable, Bruno, 1999. "Institutional complementarity and diversity of social systems of innovation and production," Discussion Papers, Research Unit: Economic Change and Employment FS I 99-309, WZB Berlin Social Science Center.
    2. George Katrougalos & Gabriella Lazaridis, 2003. "Southern European Welfare States," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-52372-2, March.
    3. Scharpf, Fritz W., 1987. "A Game-Theoretical Interpretation of Inflation and Unemployment in Western Europe," Journal of Public Policy, Cambridge University Press, vol. 7(3), pages 227-257, July.
    4. Schmidt, Vivien A., 2002. "The Futures of European Capitalism," OUP Catalogue, Oxford University Press, number 9780199253685.
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    Cited by:

    1. Christos Tsakas, 2021. "Growth Models and Core–Periphery Interactions in European Integration: The German–Greek Special Relationship in Historical Perspective," Journal of Common Market Studies, Wiley Blackwell, vol. 59(4), pages 945-962, July.
    2. Kollintzas, Tryphon & Papageorgiou, Dimitris & Vassilatos, Vanghelis, 2018. "Market and political power interactions in Greece: A theory," European Journal of Political Economy, Elsevier, vol. 53(C), pages 59-83.
    3. Sotirios Zartaloudis & Andreas Kornelakis, 2017. "Flexicurity between Europeanization and Varieties of Capitalism? A Comparative Analysis of Employment Protection Reforms in Portugal and Greece," Journal of Common Market Studies, Wiley Blackwell, vol. 55(5), pages 1144-1161, September.

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