The political economy of labour market reforms : Greece, Turkey and the global economic crisis / Özgün Sarımehmet Duman.

Format:

Book

Author/Creator:

Sarımehmet Duman, Özgün, 1979- author.

Series:

International political economy series (Palgrave Macmillan (Firm))

International political economy series

Language:

English

Subjects (All):

Labor market.

Labor policy.

Labor policy--Greece.

Labor policy--Turkey.

Financial crises.

Turkey.

Greece.

Physical Description:

xv, 247 pages ; 23 cm.

Place of Publication:

Houndmills, Basingstoke, Hampshire ; New York, NY : Palgrave Macmillan, 2014.

Summary:

Özgün Sarimehmet Duman analyses the transition from the Keynesian to the monetarist economic policy, and scrutinises the role of labour market reforms in the rise and consolidation of monetarism in Greece and Turkey. She offers an outline of specific forms and legacies of class struggle throughout the 20th century in these two countries, and evaluates the scope and content of labour market reforms - namely deunionisation, suppression of collective bargaining, deregulation, flexibilisation, social security reform and privatisation - under monetarism. The book explores the fundamental reason of the global economic crisis by referring to the financial market and the real economy, and offers an insight into the influence of the crisis on labour markets in Greece and Turkey. Finally, it makes an inquiry into the emergence of the economic crisis, the initial rescue plans and structural labour market reforms during the current global economic crisis in these two countries. Book jacket.

Contents:

Part I Theoretical and Historical Foundations of Labour Market Reforms

1 Theorising Labour Market Reforms 15

The classes and the state 16

Conceptualisation of class 16

The understanding of class struggle 17

An analysis of the labour market 20

The class character of the capitalist state and its management of labour-power 23

The forms of labour organisations: trade unions and political party 25

The role of trade unions in class struggle 26

The role of political party in class struggle 28

The crisis of Keynesianism and the rise of monetarism 29

The rise and fall of the Keynesian economic policy and its specific labour regime 29

The monetarist economic policy and its specific labour regime 33

Labour market reforms as instruments of monetarism 36

Deunionisation 38

Suppression of collective bargaining 39

Deregulation and flexibilisation 39

Social security reform 40

Privatisation 41

2 Specific Forms and the Legacies of Class Struggle 42

Greece 42

Turkey 52

3 The Rise and Fall of Keynesianism: An Outline of the Labour-Capital Relations 63

Greece 63

Turkey 71

4 The Rise and Consolidation of Monetarism: Transformation of the Labour Regime 83

Greece 83

Turkey 91

Part II Labour Market Reforms in the Monetarist Era

5 Deunionisation and Suppression of Collective Bargaining 107

Legal regulations 107

Greece 107

Turkey 111

Collective bargaining processes 119

Greece 119

Turkey 123

6 Deregulation and Flex Utilisation 125

Legal regulations 126

Greece 126

Turkey 140

Reflections on the labour market 146

Labour productivity, wages and weekly working hours 146

Employment and unemployment rates 148

Atypical forms of employment 148

Expansion of the informal sector 150

7 Social Security Reform and Privatisation 154

Social security reform 155

Greece 155

Turkey 160

Privatisation 168

Greece 168

Turkey 174

Part III Crisis of Monetarism?

8 The Current Global Economic Crisis: Transformation of the Labour Market 179

A brief analysis of the current global economic crisis 179

The implementation of labour market reforms for economic recovery in the course of the current economic crisis 182

Reflections of the current global economic crisis in Greece and Turkey 184

The emergence of the economic crisis in Greece 184

The initial rescue plan for Greece 187

The emergence of the economic crisis in Turkey 189

The initial rescue plan for Turkey 190

Structural labour market reforms during the current global economic crisis in Greece and Turkey 192

Deunionisation and suppression of collective bargaining 192

Deregulation and flexibilisation 196

Social security reform and privatisation 201.

Notes:

Includes bibliographical references and index.

ISBN:

9781137382610

1137382619

OCLC:

889941164