ABSTRACT

The world is now experiencing the economic tail of the sub-prime financial crisis burst in 2007. The idiosyncrasy of this crisis (e.g. Shiller 2008; Reinhart and Rogoff 2008, 2009) and the different resilience exhibited by countries (e.g. Horta et al. 2008; Frenkel and Rapetti 2009) have already been investigated. On the contrary, to the best of our knowledge, the resilience of the different models of production organization to the crisis has received no attention.