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Based on joint work with Chiara Benassi, this lecture analyzes the trajectory of the Germany political economy, with a focus on the industrial relations system. It argues that the German growth model is shifting from a balanced growth model, in which exports and household consumption contribute more or less equally to growth, to a solely export-led one. In addition, exports have become more price-sensitive, and this has put pressure on export-oriented firms to cut costs. These pressures contribute to the ongoing shrinking of industry-level collective bargaining and to the widening gap between core and peripheral workers.
Lucio Baccaro, is a Professor of Comparative Macrosociology at the University of Geneva. He was trained at MIT (Massachusetts Institute of Technology) and has worked at MIT and the International Labour Organization. His research focuses on two main themes: the comparative political economy of labor markets and industrial relations, and the empirical study of participatory and deliberative institutions. His work has appeared in numerous journals in industrial relations, political science, and sociology.
