Varieties of Partisan Capitalism and the Globalization of Service Markets
Anne Wren and
Máté Fodor
Chapter 15 in Enacting Globalization, 2014, pp 159-170 from Palgrave Macmillan
Abstract:
Abstract In this chapter we examine some implications of the expansion of trade in FTC-intensive service sectors for existing socio-economic regimes. We argue that-given variations in their institutional structures — different ‘varieties of capitalism’ may not be equally well equipped to generate the skills required for successful competition in these kinds of sectors, and, as a result, may vary in their capacity to generate employment in high end services. We also argue that this variance stems in part from long-standing political legacies in these regimes. We test our argument using multiple regression analysis of political economic data from a set of OECD countries over the past 30 years.
Keywords: Employment Creation; Social Democratic; Wage Bargaining; Educational Investment; Christian Democratic (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-36194-3_15
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DOI: 10.1057/9781137361943_15
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