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"Whither 'Varieties of Capitalism'? National Responses to EU Enlargement" |
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Abstract:
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An influential framework in comparative political economy, the “Varieties of Capital-ism” thesis predicts the systematic variation of national policy responses across differ-ent types of advanced economies and claims that policy differences in national political and economic arrangements are likely to persist in the midst of increased international pressure. These two claims are founded upon the propositions that: 1) different varie-ties of capitalism produce different corporate strategies and associated political re-sponses; and more specifically 2) domestic institutional settings define comparative institutional advantages, which remain the dominant frame of reference of corporate actors. While generating important insights into patterns of national adjustment, the varieties of capitalism has been criticized for not paying enough attention to the type of “global pressures” to which national economies are exposed. We examine the robustness of this framework in light of the EU’s eastern enlargement and the policy choices made by individual European Union member states on the issue of the opening up of national labor markets. The decision of the EU-15, at the Copenhagen Summit in December 2002, to invite eight Central and East-European Countries (CEECs) to join the EU on May 1, 2004 fuelled fears in many European countries that intensifying competition from low-wage manpower from the new member states would erode national regulatory regimes. In this paper, we investi-gate the usefulness of the varieties of capitalism framework by conducting a structured comparative analysis of Britain, Denmark, and Sweden. Though the variety of capitalism literature captures important aspects of national policy-responses to the enlargement process, the main conclusion of the paper is that this influential perspective needs to be supplemented by more sophisticated accounts of politics, which shed light on how inter-party competition shapes national adjustment. |
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polici (115), market (109), eu (91), economi (86), capit (82), labor (74), state (70), transit (66), institut (63), varieti (61), govern (60), polit (58), social (57), enlarg (56), european (51), sweden (49), nation (49), denmark (49), differ (48), member (48), countri (46), |
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Association:
Name: American Political Science Association URL: http://www.apsanet.org
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Citation:
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MLA Citation:
| Roederer-Rynning, Christilla. and Klitgaard, Michael. ""Whither 'Varieties of Capitalism'? National Responses to EU Enlargement"" Paper presented at the annual meeting of the American Political Science Association, Hyatt Regency Chicago and the Sheraton Chicago Hotel and Towers, Chicago, IL, Aug 30, 2007 <Not Available>. 2011-06-08 <http://www.allacademic.com/meta/p209766_index.html> |
APA Citation:
| Roederer-Rynning, C. and Klitgaard, M. B. , 2007-08-30 ""Whither 'Varieties of Capitalism'? National Responses to EU Enlargement"" Paper presented at the annual meeting of the American Political Science Association, Hyatt Regency Chicago and the Sheraton Chicago Hotel and Towers, Chicago, IL Online <APPLICATION/PDF>. 2011-06-08 from http://www.allacademic.com/meta/p209766_index.html |
Publication Type: Conference Paper/Unpublished Manuscript Abstract: An influential framework in comparative political economy, the “Varieties of Capital-ism” thesis predicts the systematic variation of national policy responses across differ-ent types of advanced economies and claims that policy differences in national political and economic arrangements are likely to persist in the midst of increased international pressure. These two claims are founded upon the propositions that: 1) different varie-ties of capitalism produce different corporate strategies and associated political re-sponses; and more specifically 2) domestic institutional settings define comparative institutional advantages, which remain the dominant frame of reference of corporate actors. While generating important insights into patterns of national adjustment, the varieties of capitalism has been criticized for not paying enough attention to the type of “global pressures” to which national economies are exposed. We examine the robustness of this framework in light of the EU’s eastern enlargement and the policy choices made by individual European Union member states on the issue of the opening up of national labor markets. The decision of the EU-15, at the Copenhagen Summit in December 2002, to invite eight Central and East-European Countries (CEECs) to join the EU on May 1, 2004 fuelled fears in many European countries that intensifying competition from low-wage manpower from the new member states would erode national regulatory regimes. In this paper, we investi-gate the usefulness of the varieties of capitalism framework by conducting a structured comparative analysis of Britain, Denmark, and Sweden. Though the variety of capitalism literature captures important aspects of national policy-responses to the enlargement process, the main conclusion of the paper is that this influential perspective needs to be supplemented by more sophisticated accounts of politics, which shed light on how inter-party competition shapes national adjustment. |
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application/pdf |
| Page count: |
34 |
| Word count: |
13377 |
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| Work in Progress – Comments welcome Please do not cite or quote without permission of the authors WHITHER VARIETIES OF CAPITALISM? NATIONAL RESPONSES TO THE EU’S EASTERN ENLARGEMENT Michael Baggesen Klitgaard & Christilla Roederer-Rynning1 Department of Political Science University of Southern Denmark Campusvej 55 DK 5230 Odense M Denmark Paper prepared for presentation at the 2007 Annual Meeting of the American Political Sci- ence Association (APSA) Chicago August 30- September 2. 1 Michael Baggesen Klitgaard is assistant professor in |
| protects ar- transition (me- eas where state inter- dium level of venes actively and does state interven- not apply to areas where tion + corpora- industry-wide agree- tist regulation) ments exist High-level tran- Reflects the extensive sition (high role of the state in level of state labor regimes and intervention) welfare policy 34 |
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