Présentation au séminaire « Las relaciones con Francia y Europa ante los desafios del desarrollo sostenible con igualdad en América Latina y el Caribe », Maison des Amériques, Jueves 6 de diciembre de 2018
Discussion Paper Series 2018 #09: PAR · PUBLIÉ · MIS À JOUR
Distinctive political compromises prevailed and explained various brands of capitalism observed from WWII to the early 1990s. Is this key finding by régulation research been still valid given the wide diffusion of common structural changes since the 2000s: slow productivity in the industrialized world, overwhelming impact of finance, rise of inequalities within many Nation-States in response to deregulation, social and political polarization, open conflict between capitalism and democracy, the trading place between mature and emerging economies? These stylized facts challenge most economic theories but they can be explained by an institutionalist and historical approach that also helps in redesigning a relevant macroeconomic approach. Each capitalism brand displays specific complementarities among institutional forms and their growing interactions imply more their complementarity than their frontal competition. Consequently, all capitalisms have been transformed but they do not converge towards a canonical configuration. The rise of nationalist movements may challenge the present international relations but they should not underestimate the economic and social costs of their protectionist strategy.
Entrevue du 1er Mars 2017, Institut des Amériques, Paris.
Seminario de la CEPAL, Crecimiento, empleo y equidad, el nuevo papel del Estad , 3 octobre 2013