Corporatism and Economic Performance: A Comparative Analysis of Market EconomiesE. Elgar, 1993 - 218 頁 The industrialized economies of the world have experienced a considerable diversity of economic experience since the shocks of the 1970s. The authors of this major study assess the institutional determinants of economic performance in a comparative analysis of OECD economies. They focus in particular on the role played by corporatist arrangements in such countries as Austria and the Scandinavian states. Corporatism and Economic Performance argues that economists often have a narrow view of the scope and function of corporatism, focusing on the extent to which collective bargaining is centralized, and ignoring the important role of durable, consensual policy making arrangements. The record of the corporatist economies is assessed and considerable evidence is found to show that they have borne the burden of economic adjustment over the last twenty years 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 there is still a strong economic case for corporatist institutions. This book sheds new light on corporatism as a complex and multidimensional entity, examining the rationale, scope, performance and future prospects of corporatist institutions. |
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... investment are of much greater amplitude than cycles in the level of economic activity . Investment growth outstrips output growth during booms and falls more sharply during recessions . Thus in this section we consider whether ...
... investment has been undertaken in order to appropriate a larger share of the returns , so undermining earlier estimates of the profitability of that investment . As seen in Chapter 2 , such a situation can be characterized as a ...
... investment activity is relatively insensitive to movements in profitability ( Marglin and Bhaduri 1990 ) . In other words , investment activity will be preserved in the face of an economic shock if investors ' confidence can be ...
內容
Tables | 3 |
social insurance 107 143 145 | 14 |
Institutions and Economic Performance | 22 |
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