Article 2009

Institutional change in advanced political economies: First annual lecture of the bjir

TK
Thelen, Kathleen
British Journal of Industrial Relations
Journal · Vol. 47 · Issue 3 · pp. 471-498
Abstract

The political-economic institutions that have traditionally reconciled economic efficiency with social solidarity in the advanced industrial countries, and specifically in the so-called 'coordinated market economies', are indisputably under pressure today. However, scholars disagree on the trajectory and significance of the institutional changes we can observe in many of these countries, and they generally lack the conceptual tools that would be necessary to resolve these disagreements. This article attempts to break through this theoretical impasse by providing a framework for determining the direction, identifying the mode, and assessing the meaning of the changes we can observe in levels of both economic coordination and social solidarity. © 2009 Blackwell Publishing Ltd/London School of Economics.

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Author Affiliations
Massachusetts Institute of Technology, Cambridge, MA, United States
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