Rethinking Comparative Political Economy: Growth Models and Distributive Dynamics
Scholar in Residence Lectures 2015-2016
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Based on joint work with Jonas Pontusson, this lecture introduces the growth model perspective and distinguishes it from other paradigms in comparative political economy, particularly the “Varieties of Capitalism” one. With growth models, the role of aggregate demand – its size and composition – returns to center stage and is linked to distributional shifts. The distinction between consumption- and export-led growth is developed, and conditions for reconciling both types of growth, at least temporarily, are identified. Furthermore, the pattern of co-evolution of growth models and inequality patterns is explored.
Lucio Baccaro is the MPIfG Scholar in Residence for the 2015/2016 winter term. Lucio Baccaro (PhD MIT 1999) is Professor of sociology at the University of Geneva, Switzerland, where he teaches courses in economic and political sociology, comparative political economy, epistemology, and research design and methods. Previously he taught at Case Western Reserve University and MIT, and held senior research positions in the International Labour Organization. His main research focus is the political economy of employment relations and labor market institutions. His current work examines the trajectories of post-Fordist growth models, the extent and consequences of liberalization in advanced countries, and the determinants of precarious employment contracts in European labor markets. Another stream, based on experimental research, analyzes the effects of deliberations on citizens' willingness to extend political rights to resident aliens.