Varieties of capitalism in light of the euro crisis

  title={Varieties of capitalism in light of the euro crisis},
  author={Peter A. Hall},
  journal={Journal of European Public Policy},
  pages={30 - 7}
  • P. Hall
  • Published 2 January 2018
  • Economics
  • Journal of European Public Policy
ABSTRACT This article examines the implications of the euro crisis for theories of political economy associated with ‘varieties of capitalism’, considering how those theories help explain the origins of the crisis and how developments during it mandate revisions in such theories. Efforts to understand the crisis have extended these theories in four directions. They have inspired an emerging literature on growth models that integrates the demand side of the economy into theories once oriented to… 
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