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While recent developments in Western Europe provide numerous examples of the instability and decay of corporatist arrangements in the face of economic crisis, Austrian social partnership still exhibits remarkable stability. The article tries to explain this stability of corporatist politics in Austria. The Austrian case is also used to demonstrate some limitations of the academic literature on the breakdown of corporatism. However, stability in the Austrian case does not mean that nothing has changed. Changes have occurred within the existing institutional framework. Two main factors in the transformation of Austrian social partnership are pointed out, namely socio-cultural and political changes. Finally, some future perspectives of Austrian corporatism are outlined.
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