Employment 'Miracles': A Critical Comparison of the Dutch, Scandinavian, Swiss, Australian and Irish Cases Versus Germany and the Us

Overview

Why did some economies experience a boom in the 1990s? Discussing this crucial question, Employment 'Miracles' comparatively analyzes select "miracle" economies. The contributors critically analyze how the small sizes and institutional structures of seven countries—including the Netherlands, Denmark, and Ireland—accounted for their success and their status as economic models. Comparisons to the American and German markets reveal how differing policies—liberal versus corporatist/social democratic—determine job ...

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Overview

Why did some economies experience a boom in the 1990s? Discussing this crucial question, Employment 'Miracles' comparatively analyzes select "miracle" economies. The contributors critically analyze how the small sizes and institutional structures of seven countries—including the Netherlands, Denmark, and Ireland—accounted for their success and their status as economic models. Comparisons to the American and German markets reveal how differing policies—liberal versus corporatist/social democratic—determine job growth and levels of income inequality and poverty. The book also stresses the relevance of fortuitous circumstances such as the housing-price bubble. Employment 'Miracles' is an important resource for political scientists and economists in their study of national economies.

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Product Details

  • ISBN-13: 9789053567555
  • Publisher: Amsterdam University Press
  • Publication date: 8/15/2005
  • Series: Changing Welfare States Series , #5
  • Pages: 288
  • Product dimensions: 6.78 (w) x 9.50 (h) x 0.58 (d)

Meet the Author

Uwe Becker is associate professor of political science at the University of Amsterdam. 

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Table of Contents

Preface
1. Introduction: Miracles, Mirages and Markets Herman Schwartz and Uwe Becker Introduction Luck, pluck and stuck in the employment miracles Globalisation and the miracles A specific (corporatist) variety of capitalism?
What the chapters say
2. The Dutch Model: Magic in a Flat Landscape?
Wiemer Salverda Introduction Labour market performance Economic performance Social outcomes Policies, the model and the results Conclusion: luck, pluck or stuck?
3. Employment and Unemployment in Denmark and Sweden: Success or Failure for the Universal Welfare Model?
Christoffer Green-Pedersen and Anders Lindbom Introduction Employment and unemployment: what happened?
Unemployment and employment policies Policies and outcome—Is there a link?
Conclusions
4. The Evolution of the Finnish Model in the 1990s: From Depression to High-Tech Boom Jaakko Kiander Introduction The background of the Finnish miracle: the economic crisis of the 1990s Political response to the crisis The recovery and the Finnish 'miracle'
Structural issues: welfare state and labour market institutions The Nordic welfare state: Good to economic growth?
Labour market institutions and corporatism Conclusion
5. The Swiss Miracle: Low growth and high employment François Xavier Merrien and Uwe Becker Introduction Corporatism in a fragmented polity A coordinated market economy?
Recent developments Economic and labour market development Disentangling the Swiss 'miracle'
An expanding welfare system Conclusion
6. Recasting the Story of Ireland's Miracle: Policy, Politics, or Profit?
Mary Daly The constituents of economic growth and development Possible explanations The costs: sustainability?
The significance of the Irish case
7. The Australian Miracle: Luck, Pluck or Being Stuck Down Under?
Herman Schwartz Introduction Exports and the current account balance Employment and collective bargaining Fiscal balance Conclusion
8. Last Year's Model? Reflections on the American Model of Employment Growth Cathie Jo Martin Introduction An American success story The American model Limits to the liberal market economy model Conclusion
9. The German Contrast. On Bad Comparisons, Special Circumstances, Luck and Policies That Turned Out to Be Wrong Uwe Becker
'Germany isn't working'
The German economy in comparison A bad employment record because of labour market and welfare rigidities?
Accidental circumstances: housing bubble versus unification On strong German regions Prospects and possible lessons from the 'model cases'
10. Conclusion: The Importance of Lucky Circumstances, and Still the Liberal-Social Democratic Divide Uwe Becker and Herman Schwartz In sum Recent developments and prospects What is to be learned?
'Competitive Corporatism'?
Still the liberal-social democratic divide Bibliography Contributors Index

Uwe Becker is associate professor of political science at the University of Amsterdam. Herman Schwartz is professor of politics at the University of Virginia.

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