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Structural Forms and Growth Regimes of the Post-Fordist Era

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  • Pascal Petit

Abstract

A theoretical anlysis of contemporary institutional changes in the developed economies is attempted in order to characterize what a post fordist growth regime could be. One starts to recall some stylized facts about the present growth regime, i.e. about the contemporary dynamics of productivity on one side and of demand formation on the other side. We then discuss the main theoretical tools provided by the Regulation theory to analyse the institutional nexus which frames the growth regimes. The analytical framework of institutional change that we derive insist on the predominance at each period of one of the five structural forms that are distinguished by the Regulation School. As did the dynamics of institutional changes with the wage labor relationships in the previous period, today's evolutions of the forms of competition (broadly taken) condition all institutional changes. This gives us a general grid to define the features of a post Fordist regime. Still differences in history and structures leave room for sizeable differentiation in the national trajectories of the developed economies, all the more so that competition between nation States much prevent them to launch the structural policies that would be relevant with the new regime.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Review of Social Economy.

Volume (Year): 57 (1999)
Issue (Month): 2 ()
Pages: 220-243

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Handle: RePEc:taf:rsocec:v:57:y:1999:i:2:p:220-243

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Keywords: Institutional change; economic growth; regulation theory; growth regimes; post Fordism;

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Cited by:
  1. Engelbert Stockhammer, 2009. "The finance-dominated growth regime, distribution, and the present crisis," Department of Economics Working Papers wuwp127, Vienna University of Economics, Department of Economics.
  2. Engelbert Stockhammer, 2007. "Some Stylized Facts on the Finance-Dominated Accumulation Regime," Working Papers wp142, Political Economy Research Institute, University of Massachusetts at Amherst.
  3. Amable, Bruno & Petit, Pascal, 2001. "The diversity of social systems of innovation and production during the 1990s," CEPREMAP Working Papers (Couverture Orange) 0115, CEPREMAP.

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