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Regulation Theory Analysis×Growth Regime Analysis×
AlanPolitical EconomyPolitical Economy
AileProcess / pipelineProcess / pipeline
Köken yılı19792016
KökenMichel Aglietta & Robert Boyer (French Regulation School)Lucio Baccaro & Jonas Pontusson; Eckhard Hein (post-Keynesian foundations)
TürInstitutional-macroeconomic frameworkMacro-comparative analytical framework
Seminal kaynakAglietta, M. (1979). A Theory of Capitalist Regulation: The US Experience. New Left Books / Verso. ISBN: 9781859842225Baccaro, L., & Pontusson, J. (2016). Rethinking Comparative Political Economy: The Growth Model Perspective. Politics & Society, 44(2), 175-207. DOI ↗
Diğer adlarRegulation School Analysis, Theory of Regulation, Accumulation Regime Analysis, Parisian Regulation ApproachGrowth Model Perspective, Demand Regime Analysis, Growth Models Analysis
İlişkili43
ÖzetRegulation theory analysis is an institutional-macroeconomic framework developed by the French Regulation School — above all by Michel Aglietta in A Theory of Capitalist Regulation (1979) and Robert Boyer in The Regulation School (1990) — to explain how capitalism, despite its inherent crisis tendencies, manages to reproduce itself and sustain growth for extended periods. Its central distinction is between a regime of accumulation (a stable macroeconomic pattern linking production, investment, and consumption) and a mode of regulation (the ensemble of institutional forms, norms, and habits that make that pattern cohere). When a regime of accumulation and a compatible mode of regulation lock together — as in postwar Fordism, where mass production was matched by mass consumption through a productivity-indexed wage — capitalism enjoys a long phase of stability. When the institutional forms can no longer contain the contradictions of the accumulation pattern, the framework diagnoses a structural crisis and a search for a new model, as in the crisis of Fordism and the transition toward post-Fordism.Growth regime analysis — also called the growth-model perspective — explains national macroeconomic trajectories by the composition of aggregate demand and its link to the distribution of income between wages and profits. Drawing on post-Keynesian theory, codified in Eckhard Hein's 2014 Distribution and Growth after Keynes, the approach asks whether an economy's demand is wage-led or profit-led, and whether its growth is driven by exports, by household consumption (often debt-financed), or by other components. Lucio Baccaro and Jonas Pontusson's influential 2016 article recast comparative political economy around this lens, offering the growth-model perspective as a demand-side alternative to the supply-side, firm-centered varieties-of-capitalism tradition. The method reads growth not as the automatic outcome of good institutions but as the result of a particular, politically constructed configuration of demand and distribution.
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