026 Comparative capitalism and European Integration (Part 2)

Comparative capitalism and European Integration
Wednesday, July 12, 2017: 11:00 AM-12:45 PM
WMB - Hugh Fraser Seminar Room 2 (University of Glasgow)
This panel is the second of two of a symposium on comparative capitalism and European integration.  Previous scholarship on comparative political economy highlights that different national varieties of capitalism, and the institutions and political coalitions that underpin them, can co-exist with intensified European integration by undertaking diverse responses to common challenges. However, current events, most prominently the Euro-crisis and subsequent EU policy response to it, suggest that the EU’s different political economies are not similarly thriving under deepened European integration. This panel provides a re-think as to whether diverse capitalist regimes are equally capable of adjusting to European economic and monetary integration.  Panel papers examine how individual country cases have adapted to European integration.  Coulter details how the UK’s “knowledge economy” growth model served as a blueprint for the Lisbon 2020 skills-based goals, and how the skills agenda of this standard bearer carries risks for skills and occupational cleavages within countries.  Bohle outlines how the EU’s Eastern European countries were able to recover quickly from the Euro-crisis due to their unique systems of capitalism (which were shaped by the EU itself).  Regan and Brazys, finally, outline how European integration suited Ireland’s FDI-centric growth model, by providing American MNCs with single market access, as well access to skilled labor from the continent due to EU’s free movement of labor.  However, they also outline that this has caused recovery to be unequally distributed across the Irish economy, as it was most actively realized in the FDI sector but not in domestic sectors.
Alison Johnston and Aidan Regan
Aidan Regan
Discussant :
Alison Johnston
Celtic Phoenix or Leprechaun Economics? the Political Economy of an FDI-Model within Europe
Aidan Regan, University College Dublin; Samuel Brazys, University College Dublin