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Comparative Political Economy in Europe
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Comparative Political Economy in Europe

A special issue of Social Sciences (ISSN 2076-0760). This special issue belongs to the section "International Relations".

Deadline for manuscript submissions: 31 December 2024 | Viewed by 8287

Special Issue Editor

Dr. Georgios Maris

E-Mail Website
Guest Editor
Department of Mediterranean Studies, University of the Aegean, Mytilene, Greece
Interests: political economy; political science; international relations; European Union; European and international political economy; economic crisis; energy security
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

The global financial crisis that started in the United States of America (USA) in 2007 spread quickly to the European Union (EU). It started as a debt crisis and later took the form of a systemic crisis that put the foundations of the Eurozone at risk. The economic crises in Greece, Cyprus, Portugal, Spain, and Ireland influenced the prosperity and cohesion of the Member States to a great extent and, at the same time, the stability of the EU. Today, a decade later, we are asked to redefine our studies and draw safe conclusions about the stability of the institutional structure of both the EU and the member states.

In this regard, the main purpose of this Special Issue, which is entitled “Comparative Political Economy in Europe”, is to highlight the main political, economic, and institutional challenges of the new decade both for the member states and the EU. In this regard, this Special Issue provides an opportunity for international scholars (economists and political scientists) to review their theoretical and analytical models using the comparative political economy approach to provide broader and richer intellectual answers for future challenges.

The research contributions of this Special Issue may include either evaluation or case studies related to the comparative political economy in Europe. Original research papers, reviews, successful case studies, and applications as well as opinion papers of a high quality and with novel ideas on “Comparative Political Economy in Europe” are more than welcome.

Dr. Georgios Maris
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a double-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Social Sciences is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • capitalism
  • comparative political economy
  • economic crisis
  • economic growth
  • Euro
  • European Union
  • eurozone
  • fiscal integration
  • governance
  • member states
  • institutions
  • institutional change
  • monetary integration
  • political economy
  • political stability
  • politics
  • varieties of capitalism

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Published Papers (4 papers)

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27 pages, 2193 KiB  
Article
Crises, Opportunities, and the Evolution of Greece’s Growth Model in the EMU
by Dimitris Katsikas
Soc. Sci. 2024, 13(7), 327; https://doi.org/10.3390/socsci13070327 - 21 Jun 2024
Viewed by 914
Abstract
Greece’s entry into the Eurozone was regarded as a unique opportunity to reform the country’s inefficient growth model. These hopes were dashed as the decade-long crisis of the 2010s wiped out a substantial part of the wealth accumulated during the previous decades and [...] Read more.
Greece’s entry into the Eurozone was regarded as a unique opportunity to reform the country’s inefficient growth model. These hopes were dashed as the decade-long crisis of the 2010s wiped out a substantial part of the wealth accumulated during the previous decades and threatened the stability of Greece’s political system. The crisis highlighted the weaknesses of the Economic and Monetary Union (EMU); the economic governance agreed upon at Maastricht was inadequate to support a monetary union comprising many, widely diverse economies. On the other hand, given the EMU’s economic and institutional architecture, Greece was ill-prepared and unwilling to undertake the necessary adjustments to survive in the Eurozone. Understanding the economic and political aspects of this dual and mutually reinforcing failure is crucial for analyzing the challenges facing the Greek economy. In this article, we take a long-term view of the evolution of Greece’s political economy, adopting a framework inspired by the recent literature on comparative political economy. The aim is to determine whether Greece’s EMU membership affected its growth model and, if so, in what ways. The analysis shows that EMU membership has been crucial for the performance of the Greek economy during different periods but less so for the transformation of its demand-led growth model, which exhibits remarkable stability. This is because neither the ex ante nor the ex post conditionality imposed on Greece in the run-up to EMU entry and during the 2010s crisis, respectively, focused on the structural features of the Greek growth model. Full article
(This article belongs to the Special Issue Comparative Political Economy in Europe)
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10 pages, 660 KiB  
Article
Energy and Environmental Challenges in the European Union and Green Bonds
by Georgios Maris and Marios Psychalis
Soc. Sci. 2024, 13(1), 50; https://doi.org/10.3390/socsci13010050 - 12 Jan 2024
Cited by 3 | Viewed by 2323
Abstract
Could the European Union mitigate the negative effects of economic, pandemic and environmental crises using only one tool? The answer is positive, by implementing “green” fiscal expansion financed by “green” common debt, such as issuing green bonds. In this paper, we connect the [...] Read more.
Could the European Union mitigate the negative effects of economic, pandemic and environmental crises using only one tool? The answer is positive, by implementing “green” fiscal expansion financed by “green” common debt, such as issuing green bonds. In this paper, we connect the independent responses to different crises into a single response that could end them. The European Union’s theoretical background is based on new-classical models, but current research findings doubt new-classical orthodoxy, underling the importance of economic federalism for sustainable economic and green growth. We argue that the Economic and Monetary Union has to speed up fiscal federalism by establishing a powerful European Union common budget using green Eurobonds and implementing fiscal transfers as a mechanism to address the consequences of the triple crisis. Full article
(This article belongs to the Special Issue Comparative Political Economy in Europe)
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15 pages, 1175 KiB  
Article
From Schoolyards to Government: A Comparative Analysis of the Positive Effect of Teenager Participation in Local Governance
by Ines Nelly Saltiel and Pantelis Sklias
Soc. Sci. 2023, 12(11), 597; https://doi.org/10.3390/socsci12110597 - 26 Oct 2023
Viewed by 2370
Abstract
Amid growing academic discourse on teenagers’ political rights, this paper argues that the inclusion of teenagers in the decision-making process at the municipal level has positive effects. Based on qualitative and quantitative research on three municipalities in Greece and Sweden, this paper concludes [...] Read more.
Amid growing academic discourse on teenagers’ political rights, this paper argues that the inclusion of teenagers in the decision-making process at the municipal level has positive effects. Based on qualitative and quantitative research on three municipalities in Greece and Sweden, this paper concludes that a level of awareness of the critical issue of climate change leads to a greater propensity for action from municipal councils aimed at restoring the environment. The findings demonstrate that including teenagers in the decision-making process at the local and regional level could lead to a greater focus on forward-thinking policies, particularly in areas concerning young people, such as environmental preservation efforts and democratic rights. Full article
(This article belongs to the Special Issue Comparative Political Economy in Europe)
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13 pages, 248 KiB  
Essay
European Works Councils: Their Impact on the Europeanization of Industrial Relations in an Era of Market Globalism
by Theodore Koutroukis
Soc. Sci. 2024, 13(3), 171; https://doi.org/10.3390/socsci13030171 - 18 Mar 2024
Viewed by 1552
Abstract
The European Works Council (EWC) Directive provides the establishment of a social partnership forum within Multinational Companies (MNCs). The directive gives employees the right to information and consultation with the supra-national group management. The aim of this concept paper is to contribute to [...] Read more.
The European Works Council (EWC) Directive provides the establishment of a social partnership forum within Multinational Companies (MNCs). The directive gives employees the right to information and consultation with the supra-national group management. The aim of this concept paper is to contribute to the debate on the Europeanization of Industrial Relations (IR) in the European Union. Specifically, it assesses the influence that EWCs, a novel institution within certain Euro-companies, have on the convergence of industrial relations among the member states. This critical topic can be evaluated from the standpoint of the current theory and its practical implications in order to draw the perspectives for a European system of IR both within MNCs and the rest of the companies. Our conclusions indicate that EWCs contribute to Europeanization in several aspects of employee relations, although this contribution has been limited to those issues that are wished for by the MNCs. Full article
(This article belongs to the Special Issue Comparative Political Economy in Europe)
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