Course Outline and Readings

Class 1: Introduction

Class 2: Models of Capitalism and the Welfare state

Arts and Gelissen (2002). Three worlds of welfare capitalism or more?

Crouch, C. (2005). Models of capitalism. New Political Economy, 10(4), 439-456.

Class 3: Globalization and pressures towards conformity?

Sapir, A. (2005). Globalisation and the Reform of European Social Models, Policy Contribution, Brussels, Bruegel Institute.

Hay, C. (2004). “Common Trajectories, Variable Paces, Divergent Outcomes? Models of European Capitalism under Conditions of Complex Interdependence”, Review of International Political Economy 11(2): 231-62.

Class 4: The Varieties of Capitalism theory

Hall, P. A. (2001). Varieties of capitalism. John Wiley & Sons, Inc.. pp. 1-68

Schneider and Paunescu (2012) Changing varieties of capitalism and revealed comparative advantages from 1990 to 2005: a test of the Hall and Soskice claims

Class 5: Institutions I – Industrial Relations

Rubery (2010). 'Employment relations', in Morgan, G., Campbell, J., Crouch, C., Pedersen, O. K., & Whitley, R. (Eds.). The Oxford handbook of comparative institutional analysis. OUP Oxford.

Thelen, K. (2001). ‘Varieties of Labor Politics in the Developed Democracies’ in Hall and Soskice, eds., Varieties of Capitalism: 71-103.

Class 6: Institutions II – Education, Training, and Work Organization

Thelen, K. (2007). “Skill Formation and Training”, in Jones and Zeitlin, The Oxford Handbook of Business History, 559-80.

Arundel, A., Lorenz, E., Lundvall, B. Å., & Valeyre, A. (2007). How Europe's economies learn: a comparison of work organization and innovation mode for the EU-15. Industrial and corporate change, 16(6), 1175-1210.

Class 7: Institutions IV - Corporate Governance and Finance

Goyer, M. (2010). Corporate Governance in G., Campbell, J., Crouch, C., Pedersen, O. K., & Whitley, R. (Eds.). The Oxford handbook of comparative institutional analysis. OUP Oxford.

Vitols, S. (2001). Varieties of Corporate Governance: Comparing Germany and the UK. In Varieties of Capitalism, edited by P. Hall and D. Soskice. Oxford: Oxford University Press.

Class 8: Alternative Varieties I (France and Spain)

Schmidt (2003) French Capitalism transformed, yet still a third variety of capitalism, Economy and Society, 32:4

Molina and Rhodes (2007). The Political Economy of Adjustment in Mixed Market Economies: A Study of Spain in in Hancké, B., Rhodes, M., & Thatcher, M. (eds) Beyond varieties of capitalism: Conflict, contradictions, and complementarities in the European economy. Oxford University Press.

Classes 9: Alternative Varieties II (Denmark and CEE)

Campbell and Pedersen (2007) The Varieties of Capitalism and Hybrid Success Denmark in the Global Economy John L. Campbell

Nölke and Vliegenthart (2009) Enlarging the varieties of Capitalism the Emergence of Dependent Market Economies in East Central Europe

Classes 10: Adaptation and Change in National Models

Schnyder (2012) Like a phoenix from the ashes? Reassessing the transformation of the Swedish political economy since the 1970s, Journal of European Public Policy, 19:8

Jackson & Arndt Sorge (2012) The trajectory of institutional change in Germany, 1979–2009, Journal of European Public Policy, 19:8

Class 11: The EU’s effect on convergence and variety

Hassel, Knudsen and Wagner (2016) Winning the battle or losing the war: the impact of European integration on labour market institutions in Germany and Denmark

Prosser, T. (2017) Explaining Implementation through Varieties of Capitalism Theory: The Case of the Telework and Work-related Stress Agreements

Class 12: Moving forward with or beyond VoC theory?

Hancké, B., Rhodes, M., & Thatcher, M. (2008). Introduction: Beyond varieties of capitalism in Hancké, B., Rhodes, M., & Thatcher, M. (eds) Beyond varieties of capitalism: Conflict, contradictions, and complementarities in the European economy. Oxford University Press.

Hall, P. (2017) Varieties of capitalism in light of the euro crisis