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Full Description
How have advanced capitalist democracies dealt with deindustrialization? Did financialization affect these economies to the same degree? How does digitalization transform them? How do governments deal with the polycrises of Covid-19, inflation, and climate change? What roles did welfare systems and reforms play in these adaptations?
This book seeks to answer these questions by exploring the economic and social trajectories of advanced political economies in Europe, the United States, China, and Russia in the twenty-first century. It focuses on the interaction between national growth and welfare regimes, government growth strategies, and welfare state reforms to explain these countries' differing developments from the 1990s to the mid 2020s. The chapters offer theoretical, typological, and empirical comparisons between advanced capitalist countries, alongside detailed national case studies, in order to further understand their general economic and social features and their developments.
Growth Strategies and Welfare Reforms features contributions from leading scholars in comparative political economy and comparative welfare state research, and presents a sophisticated theoretical approach, drawing on but also moving beyond varieties of capitalism and growth model approaches.
Contents
1: Anke Hassel and Bruno Palier: Introduction: Economies in transition
2: Anke Hassel and Donato Di Carlo: Germany: Adjustments of an export-led growth regime
3: Jette Steen Knudsen and Christian Ibsen: Growth strategies and welfare reforms in Denmark
4: Sonja Avlijas: Central and Eastern European growth regimes: Trajectories of change and continuity
5: Colin Hay and Cyril Benoit: The fractious coupling of asset-based welfarism and Anglo-liberal growth in the United Kingdom
6: Francesco Fioritto and Bruno Palier: The French disconnection: The mismatch between an export-led strategy and a domestic demand-led growth and welfare regime
7: Luigi Burroni, Emmanuele Pavolini, and Dario Raspanti: When growth strategies fail: Economic stagnation and social exclusion in the Italian case
8: Herman Mark Schwartz: Size, scope, and status: Why the American growth and welfare regime remains exceptional
9: Katharina Bluhm, Ewa Dabrowska, and Martin Brand: Beyond energy rents: Conflicting growth strategies, constrained welfare state, and a non-dynamic growth regime in Russia
10: Robert Boyer and Olivier Boylaud: Can welfare reforms propel another growth regime in China?
11: Linda Wanklin: Growth and emerging economies: The rise of remittances-based growth regimes, transnational skill formation, and welfare in Kosovo
12: Daniel Driscoll and Mark Blyth: Growth and decarbonization: National capacities meet global imperatives
13: Sinisa Hadziabdic, Anke Hassel, and Bruno Palier: Growth and welfare regimes: A quantitative comparative analysis
