Social Corporatism: A Superior Economic System?Distinct from both socialism and capitalism, social corporatism is defined in this book as an economic system in which the labor market is organized by centralized wage bargaining and is non-exclusive as well as egalitarian. The study focuses on the links between the degree of corporatism and macroeconomic performance. |
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Lessons from Corporatist Theorizations 24 | 24 |
Corporatism and Wage Bargaining | 44 |
Corporatism and Labour Market Performance | 82 |
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adjustment Australia Austria average bargaining structure Calmfors and Driffill capital cent centralized bargaining centralized wage competitiveness conflict consensus consumption from earnings corporatist countries corporatist economies decentralized deficit degree of centralization demarketization Denmark devaluation differentials economic performance economic policy effects employers employment performance employment rate employment spreading European exchange rate policy exports Finland Finnish firms fixed exchange rate flexibility full employment important incomes policies increase industrial policies industrial relations inflation institutions investment labour force labour market performance macro-economic manufacturing Market output market sector ment Netherlands Nordic countries Norway OECD OECD countries organizations period Pohjola political productivity growth public sector real wage relative restructuring role Rowthorn saving share social corporatism social corporatist social partnership solidaristic stagflation strategy Sweden Swedish Switzerland Table tion trade union variables wage bargaining wage dispersion wage policy wage restraint welfare workers