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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.
This book investigates whether social corporatism functions as a superior economic system by analyzing its impact on macroeconomic performance compared to traditional capitalist and socialist models. The authors, Bob Rowthorn, Jukka Pekkarinen, and Matti Pohjola, utilize a comparative analytical framework to examine how centralized wage bargaining and egalitarian labor policies influence national economic outcomes. By synthesizing empirical data from various industrialized nations, the study evaluates the efficiency and stability of corporatist structures in modern economies.
What You Will Find
Experts recognize this work as a significant contribution to the study of Nordic-style economic models and institutional economics. Readers frequently note the academic density of the prose, which is intended for students and professionals in the field of development economics.
Page Count:
448
Publication Date:
1992-11-19
Publisher:
Oxford University Press
ISBN-10:
0198283806
ISBN-13:
9780198283805
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