Reinterpreting Corporatism and Explaining Unemployment: Co-ordinated and Non-co-ordinated Market Economies

  • Soskice D
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Abstract

What is the role of institutions in economic performance? Neo-corporatist economists gave a clear answer to one specification of this question: namely the role of institutions in explaining unemployment in advanced industrial societies. They answered that economies with neo-corporatist institutions, in particular with strong, centralised systems of industrial relations, were more likely than other economies to produce low unemployment.

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Soskice, D. (1990). Reinterpreting Corporatism and Explaining Unemployment: Co-ordinated and Non-co-ordinated Market Economies. In Labour Relations and Economic Performance (pp. 170–211). Palgrave Macmillan UK. https://doi.org/10.1007/978-1-349-11562-4_7

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