Diminishing Returns: : The New Politics of Growth and Stagnation – Ebook Instant Download/Delivery ISBN(s): 9780197607862,9780197607855,0197607861,0197607853,2021060907,2021060908
Product details:
- ISBN-10 : 0197607861
- ISBN-13 : 978-0197607862
- Author:
As highlighted by the recent debate on ‘secular stagnation,’ economic growth has slowed down considerably, and this has given rise to a host of new problems, from financial instability to the collapse of mainstream parties. What happens when growth―the main mechanism of capitalist legitimation―is harder to come by and less broadly shared? And how should we think about capitalist diversity in the context of global stagnation?
In Diminishing Returns, Lucio Baccaro, Mark Blyth, and Jonas Pontusson address these questions by bringing together a number of comparative and international political economists with expertise across many different countries and regions. Going beyond the methodological nationalism common in most comparative research, each author departs from a common theoretical framework, the Growth Model Perspective, and contributes to develop it further. The outcome is a new theoretical framework to help social scientists, policymakers, and opinion makers, understand the politics of growth and stagnation, which offers state of the art empirical analyses at the country, regional, and global level.
Table contents:
Part 1 Theoretical Perspectives
1. Growth Models and Post-Keynesian Macroeconomics
2. From Fordism to Franchise: Intellectual Property and Growth Models in the Knowledge Economy
3. Four Galtons and a Minsky: Growth Models from an IPE Perspective
Part 2 Growth Models at Scale
4. The Political Economy of the Eurozone’s Post-Crisis Growth Model
5. China’s Growth Models in Comparative and International Perspectives
6. The Politics of Growth Model Switching: Why Latin America Tries, and Fails, to Abandon Commodity-Driven Growth
7. The FDI-Led Growth Models of the East-Central and South-Eastern European Periphery
Part 3 Country Case Studies
8. Credit-Driven and Consumption-Led Growth Models in the United States and United Kingdom
9. The Political-Economic Foundations of Export-Led Growth: An Analysis of the German Case
10. Rebalancing Balanced Growth: The Evolution of the Swedish Growth Model since the Mid-1990s
11. Growth and Stagnation in Southern Europe: The Italian and Spanish Growth Models Compared
12. Global Capital and National Growth Models: The Cases of Ireland and Latvia
Part 4 Policies and Politics
13. Financialization and Growth Models
14. Political Parties and Growth Models
15. Growth Models Under Austerity
16. Welfare States and Growth Models: Accumulation and Legitimation
17. Green Growth Models
Index
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