May 18th, Iontas Building, Maynooth University
European small open economies have often been seen as offering a path to combining competition in a globalised economy with social cohesion and equality. With increasing attention being paid to inequality and the world trade order under growing pressure, it is timely to examine once more the small open economies of Europe and ask whether they still offer a pathway to economic openness with social protection and cohesion.
This conference draws together leading international scholars to explore the experiences of Denmark and Ireland, two of Europe’s most successful small open economies – albeit with very different definitions of success. Speakers include David Soskice, John Campbell, Darius Ornston, Bent Greve and Mary Murphy, Michelle Norris and Michael Byrne, Joe Ruane.
The conference also presents some key findings of the comparative research of the New Deals in the New Economy project, directed by Seán Ó Riain and funded by an ERC Consolidator Grant, 2012-2017.
Full details below:
Denmark and Ireland both followed austerity in the late 1980s with “employment miracles” in the 1990s, while each became increasingly financialised in the 2000s, with Ireland in particular suffering a severe crisis after 2008. Both countries continue to move towards a post industrial trading economy, but face significant challenges. Nonetheless, each potentially offers a different path to the future, whether understood as coordinated versus market driven, social democratic versus liberal, hybrid or other forms of economy.
The conference explores a number of themes:
– The comparative politics of economic development, housing and welfare in Denmark and Ireland
– The institutional dynamics of the two political economies, particularly since the crisis of 2008
– The politics of production, predistribution and productive equality in each country
– A discussion of how best to understand the experiences and prospects of these small open economies in an uncertain Europe and a turbulent global economy
Iontas Theatre, North Campus, Maynooth University; Thursday May 18th
9.30-11.30 Small Open Economies in European Development
The Return of the National: Implications for Ireland’s Multiple Interface-Periphery Development Model
Joe Ruane, UCC
Financial circuits and the political economy of social housing in Ireland, Denmark and Austria
Mick Byrne and Michelle Norris, UCD
Denmark and Ireland – Assessing a decade of labour market trends and institutional reforms
Bent Greve, Roskilde University, and Mary Murphy, Maynooth University
11.45-1.15 Institutions and Capitalisms
The Paradox of Vulnerability: States, Nationalism and the Financial Crisis
John Campbell, Dartmouth (co-author John A. Hall)
Good Governance Gone Bad: Lessons for Denmark and Ireland
Darius Ornston, Umiversity of Toronto
1.15-2.30 Lunch for all attendees
2.30-3.45 New Deals Research on Comparative Capitalisms
Politics, Work and Industrial Relations in Ireland and Denmark: Rethinking the Worlds of Capitalism
Seán Ó Riain, Felix Behling, John Paul Byrne, Maynooth University
4-5 Discussion: Are Small Open Economies Still the Model?
David Soskice, LSE