AIAS Lunch Seminar 5 april - Aidan Regan - AIAS

Labour Market Response to the Crisis in the EMU

Day: Thursday 5 April
Time: 12.15 – 13.15 hrs.
Location: AIAS, 3rd floor, M building, Plantage Muidergracht 12, Amsterdam
Registration: Please send an email, preferably before Wednesday 4 April, 15.00 hrs. to register.
A sandwich will then be provided.


Using a comparative political economy framework this presentation will discuss the labour market response in Germany, Netherlands, Spain and Ireland to the Eurozone crisis. The institutional architecture of the Eurozone prohibits adjustment to shocks by means of devaluations or exchange rate adjustments, and has exposed a variety of coordination problems in the EMU. Given this constraint we will examine the effect of the crisis on national welfare states. We will examine to what extent domestic policy responses follow a neoliberal logic of liberalization, supply-side measures, austerity and differentiation/inequality, or an egalitarian logic of coordination, demand-side measures, social protection and equality. We are particularly interested in trying to understand why certain responses have been prioritised over others at national level and to what extent they are being induced by domestic interests and/or European constraints. We illustrate that the national labour market reform strategy in our case studies are shaped by domestic political interests. The outcome is a form of coordinated labour market dualisation in Germany, coordinated liberalized flexibility in the Netherlands, liberalized de-regulation in Ireland and liberalized labour market segmentation in Spain.
The presentation will be delivered by Aidan Regan and based on a working paper by Prof Maarten Keune and Aidan Regan.

Click here for an overview of all lunch seminars from January – July 2012

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