Connecting comparative political economy with structural economics, this book explores the relationship between national growth models and economic structures and considers the impacts of both growth models and structural change on various arenas include gender and environmental issues.
The comparative political economy paradigm of demand-led growth models examines the links between macrodynamics and region- and nation-specific institutions, while structural economics explores the composition and transformation of the structure of the economy, its technological endowments and its external insertion. The book explores the explanatory potential of combining these approaches through three parts: the first part lays out the theoretical foundations of the approaches; the second part is devoted to a set of region- and country-specific studies, covering both advanced and developing economies, including Europe, Mediterranean Europe, Central and Eastern Europe, the U.S., China, and Latin America; the third part examines the specific socio-economic impacts of the interaction between growth models and structural change, with particular attention to gender and environmental impacts, occupational change and welfare state transformations, and income inequality. Adopting a medium-term perspective, the book provides a comprehensive explanation of the economic transformations associated with growth models. It also explores regional- and country-specific policy responses to the financial crisis of 2008, and the Covid-19 crisis.
The book will appeal to readers across economics and politics with particular interest from scholars of comparative political economy, post-Keynesian macroeconomics and structural economics.
Table of Contents:
PART I: THEORITICAL INSIGHTS 1. Linking growth models to economic structure: insights and directions for the research agenda 2. Structural change and demand-driven dynamics: a theoretical model PART II: REGIONAL VARIETIES OF GROWTH MODELS AND STRUCTURAL CHANGE 3. Global value chain participation and economic upgrading across European growth models 4. Madame Webb in the Mediterranean: do higher real wages increase productivity? 5. Central and Eastern European economies: a tale of a unique export-led growth model? 6. Growth Models and Deindustrialization in Latin America 7. Financialization, inequality and the limits of the US growth model: recalibrating neoliberalism 8. The unfinished transformation of China’s growth model PART III: SOCIO-ECONOMIC IMPACTS OF GROWTH MODELS AND STRUCTURAL CHANGE 9. Towards the Engendering of the Growth Models Approach: introducing the female labour income share from feminist macroeconomics 10. Did we really want to change in transition? Limits and contradictions of green growth models 11. The missing links between ecological impacts and growth model literature: how dependent are CO₂emissions on growth models? 12. Can green industrial policy support a green export-led growth coalition? A qualitative study of German steelmaking 13. Changes in the structure of European labour markets and institutional environment: an analysis from 17. European economies during the post-crisis period 14. Structural change, income distribution, and growth models
About the Author :
Daniel Herrero is Assistant Professor of Economics at the Complutense University of Madrid (UCM) and an associate researcher at the Complutense Institute for International Studies (ICEI), Spain.
Miguel Á. Casaú is Assistant Professor at the Department of Economic Structure and Development Economics at Autonomous University of Madrid, Spain.
