European Social Models From Crisis to Crisis:: Employment and Inequality in the Era of Monetary Integration

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9780198717966: European Social Models From Crisis to Crisis:: Employment and Inequality in the Era of Monetary Integration

Europeans use 'social models' to refer to the combination of welfare state, industrial relations, and educational institutions jointly structuring what we can think of as the supply-side of the labor market. The dominant view in controversy over the social models has been that in the name of equity they have impaired the labor market's efficiency, thereby causing unemployment. But doubt is cast on this supply-side-only diagnosis by powerful macroeconomic developments, from the Europe-wide recession following Germany's post-unification boom to the deepest economic crisis since the interwar Great Depression, which the Eurozone's truncated economic governance structure transformed into a sovereign debt crisis, threatening the Euro's and even EU's very survival. This book explores the interaction of Europe's diverse social models with the major developments that shaped their macroeconomic environment over the quarter century since the fall of the Berlin Wall. It concludes that this environment rather than the social models are primarily responsible for the immense social costs of the crisis.

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About the Author:


Jon Erik Dolvik, Head of Research, Fafo Institute for Labour and Social Research, Oslo,Andrew Martin, Research Associate, Center for European Studies, Harvard University

Jon Erik Dolvik is Dr.philos, sociologist, and Head of Research at Fafo, Institute for Labour and Social Research in Oslo, where he has worked since the 1980s. Dolvik has published extensively in the field of comparative employment relations, social models, and labour migration in the Nordic and European context. His doctoral thesis was on Europeanization of trade unions and social dialogue in the 1990s. He is a longstanding member of the Editorial Panel of European Journal of Industrial Relations and Transfer -- European Review of Labour and Research. Besides stays as visiting scholar abroad, Dolvik has been member of several government appointed commissions regarding labour market issues and Norway's relationship to the EU, and is much used as expert commentator on such issues in the Norwegian public.

Andrew Martin is a Research Associate, Center for European Studies, Harvard University. His publications include Euros and Europeans: Monetary Integration and the European Model of Society (2004), and The Brave New World of European Labor: Trade Union Responses to Economic Crisis in Western Europe (1999, both co-edited with G. Ross). Martin co-edits Open Forum, the interactive CES working papers series.

Review:


"[T]his is an impressive volume that intelligently raises and answers a multitude of questions, and which has yet to find robust competition. The book is a must for the library of every political economist, comparative social policy scholar, and historically attuned economist."
--Robert Hancke, Council for European Studies Reviews


"This is a fascinating book providing a wealth of information and incisive analysis on how monetary integration affects the evolution of social models in Europe. It is required reading for all those who are eager to understand the social dimension of the euro crisis."
--Paul De Grauwe, John Paulson Professor in European Political Economy at the London School of Economics and Political Science


"European Social Models from Crisis to Crisis is an amazing volume with sobering conclusions for European welfare state and integration prospects. It is the first collection in welfare regime studies and comparative political economy to show how the European sovereign debt crisis, with its aftershocks of mass unemployment and rising inequality resulted from how monetary integration unfolded since the 1989 fall of the Berlin Wall. By doing so in a highly structured fashion, the volume rightly breaks with the convention of 'methodological nationalism.' It's a first rate, timely and utterly indispensable read for EU and domestic policy makers, welfare state students, political economists and EU integration pundits and academics."
--Anton Hemerijck, Professor of Institutional Policy Analysis, VU University Amsterdam, and Centennial Professor of Social Policy, LSE


"This volume delivers a pioneering study of the connection between the development of Europe's monetary system and the evolution of European welfare and labour regimes. Analysing the causes and consequences of the recent crisis, Dølvik and Martin conclude that the divergence within the Eurozone is likely to deepen. Clearly, ignoring the crisis' severe social consequences implies risking disintegration of EMU and destabilisation of the EU. To better reconcile Europe's economic and social objectives, EMU needs further reform. Reading this book will help all who want to work on this in either theory or practice."
--László Andor, Commissioner for Employment, Social Affairs and Inclusion, European Commission 2010-2014


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Dolvik, John Erik and Martin, Andrew, Editors
Editorial: Oxford Univ. Press, NY (2015)
ISBN 10: 0198717962 ISBN 13: 9780198717966
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Descripción Oxford University Press, United Kingdom, 2015. Hardback. Estado de conservación: New. Language: English . Brand New Book. This book analyzes the interaction of European social models - the institutions structuring labor markets supply side - and their turbulent macroeconomic environment from the deep Europe-wide recession, ending Germany s post-unification boom, through monetary union s establishment, to the Great Recession following the recent financial crisis. The analysis reaches two conclusions challenging the dominant view that the social models caused unemployment by impairing labor markets efficiency in the name of equity. First, the social models employment and distributive effects are far outweighed by their macroeconomic environment, especially in the Eurozone, where its truncated structure of economic governance transformed the Great Recession into a sovereign debt crisis. Second, instead of a trade-off between efficiency and equity, the employment effects of counteracting markets tendency to generate inequality depends on the macroeconomic conditions under which it occurs and how it is done. Nº de ref. de la librería AOP9780198717966

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Descripción Oxford University Press, United Kingdom, 2015. Hardback. Estado de conservación: New. Language: English . Brand New Book. This book analyzes the interaction of European social models - the institutions structuring labor markets supply side - and their turbulent macroeconomic environment from the deep Europe-wide recession, ending Germany s post-unification boom, through monetary union s establishment, to the Great Recession following the recent financial crisis. The analysis reaches two conclusions challenging the dominant view that the social models caused unemployment by impairing labor markets efficiency in the name of equity. First, the social models employment and distributive effects are far outweighed by their macroeconomic environment, especially in the Eurozone, where its truncated structure of economic governance transformed the Great Recession into a sovereign debt crisis. Second, instead of a trade-off between efficiency and equity, the employment effects of counteracting markets tendency to generate inequality depends on the macroeconomic conditions under which it occurs and how it is done. Nº de ref. de la librería AOP9780198717966

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Jon Erik Dølvik (editor), Andrew Martin (editor)
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Jon Erik Dolvik
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