Weakening Institutions, Hardening Growth Model: The Liberalization of the
German Political Economy
Scholar in Residence Lectures 2015-2016
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Based on joint work with Chiara Benassi, this lecture analyzes the trajectory of the Germany political economy, with a focus on the industrial relations system. It argues that the German growth model is shifting from a balanced growth model, in which exports and household consumption contribute more or less equally to growth, to a solely export-led one. In addition, exports have become more price-sensitive, and this has put pressure on export-oriented firms to cut costs. These pressures contribute to the ongoing shrinking of industry-level collective bargaining and to the widening gap between core and peripheral workers.
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.