Varieties of capitalism

The main objective of this course is to provide students with a deeper understanding of issues of economic and social institutions in advanced capitalist economies. The course will help student answer questions like : What are the differences between liberal market and coordinated market economies ? Can we talk of within-model differences ? If so, what are their characteristics ? Do these models and their variants explain other economies, like transition ones (like the ones from Eastern Europe) ? What are the influences of economic integration and globalization on the cross-national differences ? In order to answer these questions we will explore institutional and policy differences in the following areas : (a) training and skill formation ; (b) financial institutions and corporate governance, (c) the welfare state, (d) systems of industrial relations. These institutions affect a variety of economic and political outcomes among advanced industrialized societies, including levels of economic inequality, levels of employment. There is no formal separation (date, time, organization) between lecture and seminar meetings, concerning the organization, discussions and activities pursued for this course. Thus, it is important for the students to actively get involve in the discussions and activities based on preliminary weekly readings. The students are encouraged to initiate discussions on the issues identified each week, based on the readings. The in-class discussions are ruled by one principle : respect for the other colleagues and exclusive usage of scientific arguments in the course debates, developed by making use of the compulsory readings. The readings and other resources for this class are available through the Political Science Department’s e-learning platform, available at This online platform will also be used for tutoring, between classes discussions and other activities related to this course. It is an important tool for the active participation grading.

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