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    The transformation of employment regulation in Greece: towards a dysfunctional liberal market economy?

    Kornelakis, A. and Voskeritsian, Horen (2014) The transformation of employment regulation in Greece: towards a dysfunctional liberal market economy? Relations Industrielles/Industrial Relations 69 (2), pp. 344-365. ISSN 0034-379X.

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    Abstract

    Since the eruption of the European sovereign debt crisis, the bailout conditions imposed to Greece have gradually shifted their emphasis from ‘tidying up’ public finances towards ‘improving the competitiveness’ of the economy. The employment relations system has been targeted as one of the priority areas for reform, which resulted in its gradual dismantling. The article analyses this transformation in employment regulation, using insights from the varieties of capitalism literature. It is argued that the on-going injection of liberal market elements is likely to transform Greece into a dysfunctional Liberal Market Economy. The changes ignore the specificities and idiosyncrasies of the Greek production model and are likely to leave the country with the ‘worse of both worlds’: suboptimal economic performance and diluted social cohesion.

    Metadata

    Item Type: Article
    Keyword(s) / Subject(s): Collective Bargaining, Crisis, Unions, Varieties of Capitalism
    School: Birkbeck Schools and Departments > School of Business, Economics & Informatics > Management
    Depositing User: Horen Voskeritsian
    Date Deposited: 28 Sep 2018 14:54
    Last Modified: 29 Jul 2019 20:23
    URI: http://eprints.bbk.ac.uk/id/eprint/24048

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