48 documents found, page 1 of 5
Financialisation and the (de-)unionisation of workers in Portugal
Barradas, RicardoOver the last five decades, the degree of unionisation of workers has been decreasing and, therefore, by inadvertently accepting the deterioration of labour relations, the loss of labour rights, and the increase in the exploitation of labour all over the world, workers have not genuinely contested the neoliberal agenda and the deregulation and flexibilisation of the labour market. Our argument to explain this p...
Financialisation, indebted workers and labour discipline: Empirical evidence on...
Barradas, RicardoWorkers are being denoted by higher resignation and conformism and lesser claimant behaviour due to their lesser engagement in strikes, which indeliberately agrees with the proliferation of neoliberal policies and a corresponding deregulation and flexibilisation of labour relations that has led to a strong deterioration of labour conditions, a loss of labour rights and an increase in labour exploitation all ove...
Financialisation of workers and the erosion of trade union density in the Europ...
Barradas, RicardoThe erosion of trade union density has been a stylised fact for the last five decades all over the world, which has been contributing to a strong deterioration of labour conditions, a dizzying loss of labour rights, a proliferation of exploitative labour practices and a persistence of high levels of income inequality. Our argument to explain this puzzling paradox of worsening labour conditions yet strong de-uni...
Determinants of the portuguese external imbalances : the lens of post-keynesian...
Barradas, Ricardo; Alcobia, JoãoPortugal has historically displayed strong external imbalances, which have already resulted in three requests for international financial assistance from the International Monetary Fund, the European Commission and the European Central Bank. Stemming from the framework of mainstream economics literature, these institutions imposed demanding austerity measures based on internal devaluation, huge wage restraint p...
Why does the nexus between finance and inequality break in times of financializ...
Barradas, RicardoThe majority of policy makers in developed countries have, since the 1970s and 1980s, put in place a strong process for the liberalization, deregulation and privatization of the financial system, particularly persuaded by the mainstream assumption that this represents the best strategy to sustain the growth of finance, enhance economic growth and lessen inequality. Nonetheless, economic growth has been quite an...
Functional income distribution and secular stagnation in Europe : an analysis o...
Alcobia, João; Barradas, RicardoThe majority of policymakers in the more developed countries have engaged in Reaganomics and Thatcherism in the last four decades by privileging the adoption of wage restraint policies to sustain economic growth. During that time, the wage share has registered a sustained fall, and economic growth has been rather dismal, which seems to support the theoretical claims of post-Keynesian economics that wage restrai...
Falling labour share and the anaemic growth in Portugal : a post-keynesian econ...
Alcobia, João; Barradas, RicardoIn recent decades, the labour share has experienced a downward trend in Portugal that has occurred at the same time as a weaker and anaemic growth pattern. This seems to suggest that the fall in the labour share represents an important constraint on Portuguese economic growth, which does not support the orthodox claims around wage restraint policies as a necessary condition to improve macroeconomic performance ...
The finance–inequality nexus in the era of financialisation: Evidence for Portugal
Barradas, Ricardo; Lakhani, RishiSince the 1980s, Portuguese policy makers have engaged in a strong process of liberalisation, deregulation and privatisation of the financial system to adhere to the rules imposed by the European Economic Community and to promote financial growth, boost economic growth and reduce inequality. However, the Portuguese economic growth has exhibited a weaker performance and inequality has continued to widen in the l...
Why has labour productivity slowed down in the era of financialisation? Insight...
Barradas, RicardoThis paper employs a panel data econometric approach in order to empirically ascertain the role of the phenomenon of financialisation in the deceleration of labour productivity in the European Union (EU) countries from 1980 to 2019. During that time, the EU countries suffered a huge structural transformation based on Reaganomics and Thatcherism and their financial systems have experienced strong liberalisation ...
Modelos de organização e desafios dos sistemas de pensões em Portugal numa pers...
Lagoa, Sérgio; Barradas, RicardoO objetivo principal deste trabalho é analisar e comparar os modelos de organização dos sistemas de pensões mais comuns na Europa, bem como as reformas que têm sofrido, e daí retirar conclusões para Portugal. Nos países europeus têm-se verificado alterações demográficas e económicas que comprometem a sustentabilidade dos sistemas de pensões e, em resposta, têm sido encetadas reformas diversificadas. Usualmente,...