The research group has completed their work and terminated at the end of July 2007.

The research program of the Working Group examines some of the ways in which advanced economies are changing, and are likely to change, in response to the current accelerated process of globalization. Of particular interest are the effects of the liberalization of financial markets, the development and diffusion of new technologies, and the increased international propagation of macroeconomic shocks, in part because of European Monetary Union. Of central substantive importance here is an emerging research agenda on the links between varieties of capitalism and the diversity of national political systems