A Turn to Export‐Led Growth? Rethinking the Growth Models in Greece and Portugal
Bibliographic Data
| ID | 6278976 |
|---|---|
| Authors | Konstantinos Myrodias (0000-0002-8594-1752, King's College London (KCL) London, corresponding author) |
| Year | 2025 |
| Volume | 63 |
| Issue | 1 |
| Pages | 246-266 |
| Publication date | 2025-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | JCMS Journal of Common Market Studies (JOURNAL) |
| Journal identifiers | ISSN: 0021-9886 • E-ISSN: 1468-5965 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/jcms.13611 |
| OpenAlex | W4394723706 |
| Language | EN |
| Citations received | 1 |
| References cited | 26 |
The global financial crisis in 2007 and, more recently, the Covid‐19 pandemic renewed interest in capitalist divergence and the evolution of growth models in the Eurozone. The varieties of capitalism (VoC) approach and more recently post‐Keynesian research, especially the growth model (GM) perspective, have made important contributions to comparative political economy. However, the focus on either the ‘supply‐side’ or ‘demand‐side’ aspects of modern models of capitalism has offered a limited framework to explain capitalist diversity in the global economy. This article brings insights from both the VoC and GM perspectives and provides a more comprehensive understanding of the evolution of the growth models in Greece and Portugal. The argument is that although both countries implemented internal devaluation and contractionary policies to curtail domestic demand and transform their economies into export‐led ones, they have been stuck in a suppressed demand‐led growth model since the global financial crisis
Biology · Development economics · Economic geography · Economics · International economics · International trade · Political science · Turn (biochemistry · Economic Theory and Policy · Global Financial Crisis and Policies · Social Policy and Reform Studies
Political Parties and Growth Models
Greece’s New Political Economy
Varieties of Capitalism
The Political Economy of Adjustment in Mixed Market Economies
Diminishing Returns
Varieties of Liberalization and the New Politics of Social Solidarity
Radical Left Parties in Government
Neoliberal growth models, monetary union and the Euro crisis. A post-Keynesian perspective
Welfare models and demand-led growth regimes before and after the financial and economic crisis
Economic development as self-discovery
Export or Perish
A Europe of Creditors and Debtors
High Public Debt in the Euro Area
New approaches to political economy
Throwing out the ballast
Power and Distributional Regimes
Rethinking Comparative Political Economy
| Unique citing works | 1 |
|---|---|
| Citations per year | 0,5 |
| Citation span | 2024 - 2024 (1) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 1 |