Thursday, July 13, 2017: 4:00 PM-5:45 PM
Gilbert Scott Building - Room 253 (University of Glasgow)
The ways in which institutions and economies mutually affect each other is a fundamental question of political economy. Attempts to conceptualise institutional complementarities, comparative advantages, and distributive conflicts, has led to multiple theories on how modern advanced economies compare and cluster. In recent years this discussion has taken up the issue of "growth models" or "strategies", i.e. the different "paths" to growth taken by distinct political economies, characterised by specific institutional arrangements and distributional coalitions. This session aims to examine both the extent to which these specific growth models are consistently associated with differences in economic outcomes, including the evolution of living standards for particular social groups, as well as the ways in which these outcomes might feedback on countries' growth strategies or models. The papers pay a particular attention to the role of actors other than employees and employers, such as consumers, exporting firms, or central banks, who have received less attention in the literature so far. In times of secular stagnation combined with rising inequality, these questions seem more imperative than ever if the notion of "inclusive growth" is ever to materialise.
Chair:
Martin Höpner
Discussant :
Martin Höpner
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