Documents new economy 108 results

"Whereas the American case may hint that product and labour market deregulation, venture capital and NASDAQ are necessary for the success of technologically led growth, international comparison suggests the coexistence of at least three successful configurations. Deregulated economies explore a science-pushed innovation, along with external labour flexibility and significant inequality in terms of competences. However, social democratic countries develop a cooperative approach to the knowledge-based economy: rather homogeneous educational level, lifelong learning, negotiation by social partners of the consequence of innovation and collectively organized labour mobility. There is a third configuration for some catching-up economies that use information technology as a method of leapfrogging: labour markets remain largely institutionalized and regulated, without exerting adverse impact upon macroeconomic performance."

"The discussion on ‘New Approaches to Political Economy (PE)' gives us a state-of-the-art overview of the main theoretical and conceptual developments within the concept of political economy. Thereby, it invites us to broaden our knowledge regarding manifold novel approaches, which make use of more complex methods to study the less stable, less predictable, but faster changing realities of smaller or bigger geographical regions. In this discussion forum, Amable takes a closer look on the nature of ‘conflict' as well as the relationship between conflict and institutional change or stability. After stressing the relevance of comparative capitalism in general, Regan also zooms in on the political conflicts in comparative political economy from three different perspectives (electoral politics, organized interest groups and business-state elites), where he finds new avenues, tensions and research agendas are opening up. From a different perspective, Avdagic reviews the broad developments in the field of political economy with respect to the supply and demand side of redistributive policy. Thereafter, Baccaro and Pontusson sketch an alternative ‘growth model perspective', which puts demand and distribution at the center of the analysis. Finally, Van der Zwan analyses the usefulness of financialization studies for the study of (comparative) political economy."