Evolving Diversity and Interdependence of Capitalisms

Evolving Diversity and Interdependence of Capitalisms PDF Author: Robert Boyer
Publisher: Springer
ISBN: 4431550011
Category : Business & Economics
Languages : en
Pages : 493

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Book Description
This book integrates three levels of political–economic analysis: first a comparative institutional analysis of the varieties of capitalism in both Europe and Asia, second a macroeconomic analysis of industrial structural change and economic dynamics of the national economies in Europe and Asia, and then an encompassing analysis of international production linkages and international financial instability which determine the long-term patterns of regional integration in Europe and Asia. The comparison of the European Union and ASEAN delivers some key conditions for a viable long-term regional economic integration to cope with contrasted capitalisms and growth regimes: either pragmatism in the choice of an exchange rate regime, or a form of fiscal federalism. The reader will also find a genuine analysis of the dynamism of the Chinese economy, a study on institutional changes and de-industrialization in Japan, and the increasing international production linkages among China, Japan, Korea, and ASEAN. It is shown how the enlargement of the European Union and the Euro triggered the diverging competitiveness and macroeconomic performances that led to the crisis of a six decades long economic and political process. This book is the result of long lasting Asian–European collaborative research. It is a milestone in the historical and comparative analysis along the régulation theory that aims at understanding the long-run transformations, renewed diversity and interdependence of capitalisms.

Evolving Diversity and Interdependence of Capitalisms

Evolving Diversity and Interdependence of Capitalisms PDF Author: Robert Boyer
Publisher: Springer
ISBN: 4431550011
Category : Business & Economics
Languages : en
Pages : 493

Get Book Here

Book Description
This book integrates three levels of political–economic analysis: first a comparative institutional analysis of the varieties of capitalism in both Europe and Asia, second a macroeconomic analysis of industrial structural change and economic dynamics of the national economies in Europe and Asia, and then an encompassing analysis of international production linkages and international financial instability which determine the long-term patterns of regional integration in Europe and Asia. The comparison of the European Union and ASEAN delivers some key conditions for a viable long-term regional economic integration to cope with contrasted capitalisms and growth regimes: either pragmatism in the choice of an exchange rate regime, or a form of fiscal federalism. The reader will also find a genuine analysis of the dynamism of the Chinese economy, a study on institutional changes and de-industrialization in Japan, and the increasing international production linkages among China, Japan, Korea, and ASEAN. It is shown how the enlargement of the European Union and the Euro triggered the diverging competitiveness and macroeconomic performances that led to the crisis of a six decades long economic and political process. This book is the result of long lasting Asian–European collaborative research. It is a milestone in the historical and comparative analysis along the régulation theory that aims at understanding the long-run transformations, renewed diversity and interdependence of capitalisms.

Evolving Diversity and Interdependence of Capitalisms

Evolving Diversity and Interdependence of Capitalisms PDF Author: Robert Boyer
Publisher: Springer
ISBN: 9784431550006
Category : Business & Economics
Languages : en
Pages : 300

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Book Description
​This book is the result of Asian–European collaborative research on the diversity of capitalisms and regional economic interdependence in Europe and Asia. In particular, the recent transformations of both regions are analyzed: the growing Chinese economy; institutional changes and de-industrialization in Japan; increasing international production linkages among China, Japan, Korea, and ASEAN; the enlargement of the European Union; the Euro crisis; and the diverging competitiveness between Southern Europe and Northern Europe. Under these circumstances, we witness the great transformation of capitalisms in both regions—Asia and Europe—from the point of view of the régulation theory, which focuses on changes in institutional coordinating mechanisms and the growth regime. This study integrates three levels of political–economic analysis: 1) The comparative institutional analysis of the varieties of capitalism in both Europe and Asia; 2) The macroeconomic analysis of industrial structural change and economic dynamics of the national economies in Europe and Asia; 3) The encompassing analysis of international production linkages and international financial instability which will determine the long-term patterns of regional integration in Europe and Asia. The regional integration process shows very different patterns, influenced by diverse economic, political, and historical factors in Europe and Asia, but Asian integration can learn much from the on-going European experience.

Diversity and Transformations of Asian Capitalisms

Diversity and Transformations of Asian Capitalisms PDF Author: Robert Boyer
Publisher: Routledge
ISBN: 1136651144
Category : Business & Economics
Languages : en
Pages : 417

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Book Description
Among a vast literature on the Asian economies, the book proposes a distinctive approach, inspired by Régulation Theory, in order to understand the current transformations of the Asian economies. The book follows their transformations after the 1997 Asian crisis until the subprime crisis. During this period, the viability of their growth regime was to coherence of five basic institutional forms: the degree of competition and insertion into the world economy, the nature of labour market organization, the monetary and exchange rate regimes and finally the style for State intervention via legislation, public spending and tax. The book provides new findings. The degree of financial liberalization and opening to the world economy largely determines the severity of the 2008-2009 recession and the political-economic reactions of each Asian countries to the subprime crisis. Asian capitalisms are distinct from American and European ones, but they are quite diverse among themselves, and this differentiation has been widening during the last decade. This book will help to shed light on a de facto regional economic integration is taking place in Asia, but unsolved past political conflicts do hinder the institutionalisation of these interdependencies.

Rethinking Asian Capitalism

Rethinking Asian Capitalism PDF Author: Thi Anh-Dao Tran
Publisher: Springer Nature
ISBN: 3030981045
Category : Business & Economics
Languages : en
Pages : 408

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Book Description
This book attempts to reflect on the changes that Vietnam has experienced over the past 30 years, during and after DoiMoi. Through multi-dimensional empirical investigations, it aims to offer theoretical and empirical accounts for how a variety of socioeconomic regimes emerged after the end of the Cold War. Being methodologically pluralist (including both theoretical and empirical studies), it aims to give a higher profile to heterodox thinking in comparative political economy. Particular attention is given to post-socialist governance, economic transformation, land rights, trade-led growth, civil society participation, climate change, and the post-COVID 19 recovery. This book comes at a time when great changes are about to take place in Southeast Asia, where heterodox economic development strategy is rather understudied. With Asia playing an increasingly important role in the world economy, readers wish not only to hear about the economic transformation but also to see certain hidden aspects or original evidence in order that they can perceive the other dimensions put in place in a market-oriented economy. It will be relevant to students and researchers interested in transitional economics, development economics and the political economy.

Developments in West European Politics

Developments in West European Politics PDF Author: Martin Rhodes
Publisher:
ISBN: 9780333651285
Category : Europe
Languages : en
Pages : 363

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Book Description
Developments in West European Politics brings together specially commissioned chapters by leading authorities to provide a tightly integrated assessment of politics, government and policy set in a broad economic and social context. It focuses throughout on the impact of globalisation, West European integration and intra-European relations and the extent to which a new system of multi-level governance is emerging. Like other Developments titles it will be essential reading for students and specialists alike. Contributors include: Colin Crouch, Renaud Dehousse, Piero Ignazi, Herbert Kitschelt, Joni Lovenduski, Yves Meny, Loukas Tsoukalis

Evolving Diversity and Interdependence of Capitalisms

Evolving Diversity and Interdependence of Capitalisms PDF Author: Robert Boyer
Publisher: Springer
ISBN: 9784431550020
Category : Business & Economics
Languages : en
Pages : 300

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Book Description
​This book is the result of Asian–European collaborative research on the diversity of capitalisms and regional economic interdependence in Europe and Asia. In particular, the recent transformations of both regions are analyzed: the growing Chinese economy; institutional changes and de-industrialization in Japan; increasing international production linkages among China, Japan, Korea, and ASEAN; the enlargement of the European Union; the Euro crisis; and the diverging competitiveness between Southern Europe and Northern Europe. Under these circumstances, we witness the great transformation of capitalisms in both regions—Asia and Europe—from the point of view of the régulation theory, which focuses on changes in institutional coordinating mechanisms and the growth regime. This study integrates three levels of political–economic analysis: 1) The comparative institutional analysis of the varieties of capitalism in both Europe and Asia; 2) The macroeconomic analysis of industrial structural change and economic dynamics of the national economies in Europe and Asia; 3) The encompassing analysis of international production linkages and international financial instability which will determine the long-term patterns of regional integration in Europe and Asia. The regional integration process shows very different patterns, influenced by diverse economic, political, and historical factors in Europe and Asia, but Asian integration can learn much from the on-going European experience.

Political Economy of Modern Capitalism

Political Economy of Modern Capitalism PDF Author: Colin Crouch
Publisher: SAGE
ISBN: 0857026259
Category : Social Science
Languages : en
Pages : 223

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Book Description
Neoliberalism and deregulation have come to dominate national and international political economy. This major book addresses this convergence and analyzes the implications for the future of capitalist diversity. It considers important questions such as: Is the preference for free markets a well-founded response to intensified global competition? Does this mean that all advanced societies must all converge on an imitation of the United States? What are the implications for the institutional diversity of the advanced economies? Political Economy of Modern Capitalism provides a practical and informed analysis of the public policy choices facing governments and business around the world.

Political Economy of Capitalisms

Political Economy of Capitalisms PDF Author: Robert Boyer
Publisher: Springer Nature
ISBN: 981193536X
Category : Political Science
Languages : en
Pages : 435

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Book Description
This book is the English language translation of the French publication Économie Politique des Capitalismes. Research in this book presents institutional and historical macroeconomics, through an analysis of wage-labour nexus, innovation systems, monetary and financial systems, integration into the world economy, formation of economic policy configurations, and the history of economic theories. In doing so, the book addresses how and why economic regularities change in long run, and why do macroeconomic adjustments differ across countries within the same historical period. It shows how institutional changes that have occurred since the 1970s and the research on the transformation of the American and French capitalism, have led to the emergence of a research agenda, known as Régulation Theory. Readers would understand the permanent transformations of capitalism and its crises, given the book’s inclusion of long-term historical studies, systematic international comparisons for the contemporary period, and the exploration of the institutional and social foundations of microeconomics which has led to the evolution of various brands of capitalism. This translated work includes a Foreword by Associate Professor Elsa Lafaye de Micheaux and Professor Thomas Lamarche.

The Oxford Handbook of State Capitalism and the Firm

The Oxford Handbook of State Capitalism and the Firm PDF Author: Late Professor of Entrepreneurship Mike Wright
Publisher: Oxford University Press
ISBN: 0198837364
Category : Capitalism
Languages : en
Pages : 913

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Book Description
There has been a major revival of interest in State Capitalism: What it is, where it is found, and why it is seemingly becoming more ubiquitous. As a concept, it has evolved from radical critiques of the Soviet Union, to being deployed by neo-liberals to describe market reforms deemed imperfect, to settle into a middle ground, as a pragmatic way to describe the state assuming a role as an active economic agent, in addition to its regulatory, social, and security functions. The latter is the central focus of this book, although due attention is accorded to the origins of state capitalism and how it has changed over the years, as well as contemporary ways in which state capitalism may be theorized. This economic agency may assume direct forms, for example, via state owned enterprises. However, it may also be indirect, for example, actively serving private interests through promoting insider firms, who may occupy monopolistic market positions and perform outsourced state functions. In turn, this leads to raise salient governance questions. The latter may encompass agency tensions between public ownership, and political or even private interest control; it may also include issues of transparency and monitoring. Although state capitalism has often been depicted as the preserve of states in the global south, be they developmental or predatory, many forms of state capitalism are visible in mature economies, be they liberal or coordinated, and this is not always associated with superior governance arrangements; indeed, this is an area where clear and easy divisions between the developing or emerging world and the developed or mature world may increasingly be breaking down. This volume brings together the accounts of leading experts from around the world; it is explicitly multi-disciplinary, and both consolidates the exiting knowledge base, and provides new, novel, and counter-intuitive insights.

The Fictions of American Capitalism

The Fictions of American Capitalism PDF Author: Jacques-Henri Coste
Publisher: Springer Nature
ISBN: 3030365646
Category : Literary Criticism
Languages : en
Pages : 409

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Book Description
The Fictions of American Capitalism: Working Fictions and the Economic Novel introduces a new way of thinking about fiction in connection with capitalism, especially American capitalism. These essays demonstrate how fiction fulfills a major function of the American capitalist engine, presenting various formulations of American capitalism from the perspective of economists, social scientists, and literary critics. Focusing on three narratives—fictitious capital, working fictions, and the economic novel—the volume questions whether these three types of fiction can be linked under the sign of capitalism. This collection seeks to illustrate the American economy’s dependence on fictitiousness, America’s ideological fictions, and the nation’s creative literary fiction. In relation to what the credit and banking crisis of 2007–2008 exposed about the “unreal” base of the economy, the volume concludes with a call to recognize the economic humanities, arguing that American fiction and American literary studies can provide a useful mirror for economists.