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Mediterranean Capitalism Revisited

One Model, Different Trajectories

Marino Regini editor Emmanuele Pavolini editor Luigi Burroni editor

Format:Hardback

Publisher:Cornell University Press

Published:15th Jan '22

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Mediterranean Capitalism Revisited cover

Mediterranean Capitalism Revisited brings together leading experts on the political economies of southern Europe—specifically Greece, Italy, Spain, and Portugal—to closely analyze and explain the primary socioeconomic and institutional features that define "Mediterranean capitalism" within the wider European context. These economies share a number of features, most notably their difficulties to provide viable answers to the challenge of globalization.

By examining and comparing such components as welfare, education and innovation policies, cultural dimensions, and labor market regulation, Mediterranean Capitalism Revisited attends to both commonalities and divergences between the four countries, identifying the main reasons behind the poor performance of their economies and slow recovery from the Great Recession of 2007–2008. This volume also sheds light on the process of diversification among the four countries and addresses whether it did and still does make sense to speak of a uniquely Mediterranean model of capitalism.

Contributors: Alexandre Afonso, Leiden University; Lucio Baccaro, Max Planck Institute for the Study of Societies; Rui Branco, NOVA University of Lisbon; Fabio Bulfone, Max Planck Institute for the Study of Societies; Giliberto Capano, University of Bologna; Sabrina Colombo, University of Milan; Lisa Dorigatti, University of Milan; Ana M. Guillén, University of Oviedo; Matteo Jessoula, University of Milan; Andrea Lippi, University of Florence; Manos Matsaganis, Polytechnic University of Milan; Oscar Molina, Autonomous University of Barcelona; Manuela Moschella, Scuola Normale Superiore; Sofia A. Pérez, Boston University; Gemma Scalise, University of Bergamo; Arianna Tassinari, Max Planck Institute for the Study of Societies.

There is much to like about this fascinating book, revisiting the Mediterranean model of capitalism. The editors put together a stellar cast of scholars to provide an extensive and compelling account of political-economic continuity and change in Greece, Italy, Portugal and Spain.


Mediterranean Capitalism Revisited is an intellectually sophisticated and skilfully researched book: a must-read for all comparative political economy scholars.

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ISBN: 9781501761072

Dimensions: 229mm x 152mm x 27mm

Weight: 907g

294 pages