Mediterranean Capitalism Revisited: One Model, Different Trajectories

Mediterranean Capitalism Revisited is a book that examines and compares the primary socioeconomic and institutional features of Greece, Italy, Spain, and Portugal, identifying the main reasons behind their poor performance and slow recovery from the Great Recession. It also sheds light on the process of diversification among the four countries and addresses whether a uniquely Mediterranean model of capitalism makes sense.

Format: Hardback
Length: 294 pages
Publication date: 15 January 2022
Publisher: Cornell University Press

Mediterranean Capitalism Revisited is a comprehensive and insightful exploration of the political economies of southern Europe, specifically focusing on Greece, Italy, Spain, and Portugal. This esteemed volume brings together a distinguished group of experts who delve into the intricate details of Mediterranean capitalism, shedding light on its primary socioeconomic and institutional characteristics within the broader European context.

These economies exhibit several commonalities, notably their challenges in responding effectively to the globalizing forces. By examining and comparing various components such as welfare, education, innovation policies, cultural dimensions, and labor market regulation, Mediterranean Capitalism Revisited provides a comprehensive analysis of both the similarities and divergences between these four countries. This study aims to identify the primary factors contributing to the poor performance of these economies and their slow recovery from the devastating effects of the Great Recession of 2007–2008.

Furthermore, this volume explores the process of diversification among these countries and examines whether it is appropriate to speak of a distinctively Mediterranean model of capitalism. The contributors to this volume are highly esteemed experts from prestigious institutions, including Leiden University, Max Planck Institute for the Study of Societies, NOVA University of Lisbon, Max Planck Institute for the Study of Societies, University of Bologna, University of Milan, University of Florence, Polytechnic University of Milan, Autonomous University of Barcelona, Scuola Normale Superiore, Boston University, University of Bergamo, and Max Planck Institute for the Study of Societies.

Their diverse perspectives and expertise contribute to a rich and comprehensive understanding of Mediterranean capitalism, offering valuable insights into the complex dynamics shaping these economies. Mediterranean Capitalism Revisited is a must-read for scholars, policymakers, and anyone interested in understanding the economic and social challenges facing southern Europe and the broader global landscape.

Weight: 57g
Dimension: 229 x 152 (mm)
ISBN-13: 9781501761072