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Author: Eric Rougier
Publisher: Springer
ISBN: 3319499475
Category : Business & Economics
Languages : en
Pages : 467
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Book Description
This book presents the results of a collective and original empirical investigation of the institutional systems underlying the capitalisms that are coming to the fore in developing nations. While varieties of industrialized countries’ capitalisms are extensively scrutinized, those of developing countries’ capitalisms are far less documented. By implementing a unified and original comparative approach based on the institutional complementarity theory, the different contributors of the book find evidence for the originality and heterogeneity of the forms of capitalism to be observed in developing countries. This text analyses capitalist systems as clusters of sectoral institutions and regulations, identifying differences between these clusters in a large sample of emerging and developing countries. Rougier and Combarnous bring together contributions answering the following questions: What are these clusters of institutions underlying emerging capitalisms? Are there common or specific patterns of institutional clustering across countries and what are the main characteristics of the varieties of capitalism they shape? What are their main long-term determinants? Are there specific patterns of economic outcome associated with these clusters? Can different forms of institutional complementarity be observed? How can we analyse institutional reform from this perspective?
Author: Eric Rougier
Publisher: Springer
ISBN: 3319499475
Category : Business & Economics
Languages : en
Pages : 467
Get Book Here
Book Description
This book presents the results of a collective and original empirical investigation of the institutional systems underlying the capitalisms that are coming to the fore in developing nations. While varieties of industrialized countries’ capitalisms are extensively scrutinized, those of developing countries’ capitalisms are far less documented. By implementing a unified and original comparative approach based on the institutional complementarity theory, the different contributors of the book find evidence for the originality and heterogeneity of the forms of capitalism to be observed in developing countries. This text analyses capitalist systems as clusters of sectoral institutions and regulations, identifying differences between these clusters in a large sample of emerging and developing countries. Rougier and Combarnous bring together contributions answering the following questions: What are these clusters of institutions underlying emerging capitalisms? Are there common or specific patterns of institutional clustering across countries and what are the main characteristics of the varieties of capitalism they shape? What are their main long-term determinants? Are there specific patterns of economic outcome associated with these clusters? Can different forms of institutional complementarity be observed? How can we analyse institutional reform from this perspective?
Author: Peter A. Hall
Publisher: Oxford University Press
ISBN: 0199247749
Category : Business & Economics
Languages : en
Pages : 557
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Book Description
Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.
Author: Dorothee Bohle
Publisher: Cornell University Press
ISBN: 0801465222
Category : Political Science
Languages : en
Pages : 305
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Book Description
With the collapse of the Council for Mutual Economic Assistance in 1991, the Eastern European nations of the former socialist bloc had to figure out their newly capitalist future. Capitalism, they found, was not a single set of political-economic relations. Rather, they each had to decide what sort of capitalist nation to become. In Capitalist Diversity on Europe's Periphery, Dorothee Bohle and Béla Geskovits trace the form that capitalism took in each country, the assets and liabilities left behind by socialism, the transformational strategies embraced by political and technocratic elites, and the influence of transnational actors and institutions. They also evaluate the impact of three regional shocks: the recession of the early 1990s, the rolling global financial crisis that started in July 1997, and the political shocks that attended EU enlargement in 2004.Bohle and Greskovits show that the postsocialist states have established three basic variants of capitalist political economy: neoliberal, embedded neoliberal, and neocorporatist. The Baltic states followed a neoliberal prescription: low controls on capital, open markets, reduced provisions for social welfare. The larger states of central and eastern Europe (Poland, Hungary, and the Czech and Slovak republics) have used foreign investment to stimulate export industries but retained social welfare regimes and substantial government power to enforce industrial policy. Slovenia has proved to be an outlier, successfully mixing competitive industries and neocorporatist social inclusion. Bohle and Greskovits also describe the political contention over such arrangements in Romania, Bulgaria, and Croatia. A highly original and theoretically sophisticated typology of capitalism in postsocialist Europe, this book is unique in the breadth and depth of its conceptually coherent and empirically rich comparative analysis.
Author: Andreas Nölke
Publisher: Routledge
ISBN: 0429536739
Category : Philosophy
Languages : en
Pages : 272
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Book Description
This book systematically analyzes the economic dynamics of large emerging economies from an extended Comparative Capitalisms perspective. Coining the phrase ‘state-permeated capitalism’, the authors shift the focus of research from economic policy alone, towards the real world of corporate and state behaviour. On the basis of four empirical case studies (Brazil, India, China, South Africa), the main drivers for robust economic growth in these countries from the 2000s until the 2010s are revealed. These are found, in particular, in mutual institutional compatibilities of ‘state-permeated capitalism’, in their large domestic markets, and beneficial global economic constellations. Differences in their institutional arrangements are explored to explain why China and India have been more economically successful than Brazil and South Africa. The authors highlight substantial challenges for the stability of state-permeated capitalism and assess the potential future growth, sustainability and likely pitfalls for these large emerging economies. Opening further avenues for empirical and theoretical research, this book raises questions for the future of the global economic order and should appeal to academics, graduate students and advanced undergraduates in politics, economics, economic sociology and development studies. It should also prove a worthwhile and provocative read for development practitioners and policy-makers.
Author: Niall G. Mackenzie
Publisher: Taylor & Francis
ISBN: 1000802264
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
This book looks at how varieties of capitalism emerge over time and across different geographies, and is comprised of submissions from scholars around the globe. Covering a wide range of territories including Europe, the Americas, Africa, and Asia across both the nineteenth and twentieth centuries, this edited volume considers the roles that the state and business working together play in the emergence of different economic systems. Whilst most analyses focus on identifying different types of capitalism, the chapters in this volume instead focus on how these different types develop, the drivers of their emergence, and the people and organisations behind the developments. The geographical spread of analyses allows the reader to delve into how different countries have managed and even created their economic systems providing comparative insights into our understanding of how different national economic models develop over time. This book was originally published as a special issue of Business History.
Author: M. Ebenau
Publisher: Springer
ISBN: 1137444614
Category : Political Science
Languages : en
Pages : 303
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Book Description
Now that the 'Varieties of Capitalism' hype has passed, students of capitalist diversity are searching for new directions. This book presents the first sustained dialogue between institutionalist 'post-VoC' and more critical, global approaches, thus contributing to the development of a new generation of Comparative Capitalisms scholarship.
Author: Joel David Moore
Publisher: Springer
ISBN: 3319537008
Category : Political Science
Languages : en
Pages : 183
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Book Description
This book explains the political origins and evolution of capitalist institutions in developing countries by looking at distinct patterns in the electronics industry in three Southeast Asian countries: Thailand, Malaysia, and Singapore. An analysis of the political determinants of these patterns has a number of theoretical and practical implications. It includes a new explanation for family business behavior, a unified framework for explaining capitalist varieties, a guide for institutional reform, and a comparative examination of three dynamic Asian economies that provides important insights to students, scholars, and people in business.
Author: Michael G. Heller
Publisher: Routledge
ISBN: 1135214999
Category : Business & Economics
Languages : en
Pages : 333
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Book Description
In this forthright challenge to relativist economic recipes for growth and culturalist-incrementalist views in institutional economics, Heller draws on Weber, Schumpeter, and Hayek to present a new universalistic vision of capitalism's depersonalized institutions as well as the ideological policies needed during constructed capitalist transitions.
Author: Sven Beckert
Publisher: Columbia University Press
ISBN: 0231546068
Category : Business & Economics
Languages : en
Pages : 473
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Book Description
The United States has long epitomized capitalism. From its enterprising shopkeepers, wildcat banks, violent slave plantations, huge industrial working class, and raucous commodities trade to its world-spanning multinationals, its massive factories, and the centripetal power of New York in the world of finance, America has come to symbolize capitalism for two centuries and more. But an understanding of the history of American capitalism is as elusive as it is urgent. What does it mean to make capitalism a subject of historical inquiry? What is its potential across multiple disciplines, alongside different methodologies, and in a range of geographic and chronological settings? And how does a focus on capitalism change our understanding of American history? American Capitalism presents a sampling of cutting-edge research from prominent scholars. These broad-minded and rigorous essays venture new angles on finance, debt, and credit; women’s rights; slavery and political economy; the racialization of capitalism; labor beyond industrial wage workers; and the production of knowledge, including the idea of the economy, among other topics. Together, the essays suggest emerging themes in the field: a fascination with capitalism as it is made by political authority, how it is claimed and contested by participants, how it spreads across the globe, and how it can be reconceptualized without being universalized. A major statement for a wide-open field, this book demonstrates the breadth and scope of the work that the history of capitalism can provoke.
Author: Martha Prevezer
Publisher: Routledge
ISBN: 1317819225
Category : Business & Economics
Languages : en
Pages : 337
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Book Description
Economics tends to teach that developed countries have good institutions while developing countries do not, and that this is the factor that constrains the latter's growth. However, the picture is far messier than this explanation suggests. Building on the varieties of capitalism framework, this book brings together the tools of institutional economics with historical analyses of institutional evolution of different kinds of property rights and legal systems, protected by different kinds of state, giving rise to distinct corporate governance structures. It constructs institutional development histories across leading liberal capitalisms in Britain and the United States, compared with continental capitalisms in France and Germany, and contemporary transitional capitalisms in China and Tanzania. This volume is innovative in combining both historical and economic insights, and in combining developed country with developing country institutional emergence, dispelling the prevailing sense of complacency about the inevitability of the path of institutional development for the developed areas of the world and the paths that developing countries are likely to follow. This volume will be of great importance to those who study international economics, development economics and international business.
