Growth models and the comparative political economy of Europe

Abstract

The growth model (GM) programme in comparative and international political economy attempts to do three things. First, it encourages a dialogue between international and comparative political economy research through creating a shared theoretical framework that moves beyond the methodological and ontological nationalism of traditional comparative research. Second, it draws upon post-Keynesian macroeconomics to emphasise the importance of domestic demand, credit debt, and macro-financial regimes in shaping the politics of advanced capitalism. Third, it draws attention to the dynamics of political conflict, coalition building and social agency in shaping country-specific GMs. Each paper in this special issue either directly or indirectly touches on these different aspects of the nascent GM research programme. But they do so with a particular focus on the comparative political economy of Europe.