Varieties of Capitalism

Varieties of Capitalism

Author: Peter A. Hall

Publisher: Oxford University Press

Published: 2001

Total Pages: 557

ISBN-13: 0199247749

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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.


Varieties of Capitalism and New Institutional Deals

Varieties of Capitalism and New Institutional Deals

Author: Wolfram Elsner

Publisher: Edward Elgar Publishing

Published: 2008-11-28

Total Pages: 400

ISBN-13: 9781781956755

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In response to global and technological challenges, this text highlights the continuing diversity of national institutional reconfigurations and policy reforms from an institutional-economics perspective.


Varieties of Capitalism

Varieties of Capitalism

Author: Peter A. Hall

Publisher: OUP Oxford

Published: 2001-08-30

Total Pages: 570

ISBN-13: 0191647705

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What are the most fundamental differences among the political economies of the developed world? How do national institutional differences condition economic performance, public policy, and social well-being? Will they survive the pressures for convergence generated by globalization and technological change? These have long been central questions in comparative political economy. This book provides a new and coherent set of answers to them. Building on the new economics of organization, the authors develop an important new theory about which differences among national political economies are most significant for economic policy and performance. Drawing on a distinction between 'liberal' and 'coordinated' market economies, they argue that there is more than one path to economic success. Nations need not converge to a single Anglo-American model. They develop a new theory of 'comparative institutionaladvantage' that transforms our understanding of international trade, offers new explanations for the response of firms and nations to the challenges of globalization, and provides a new theory of national interest to explain the conduct of nations in international relations. The analysis brings the firm back into the centre of comparative political economy. It provides new perspectives on economic and social policy-making that illuminate the role of business in the development of the welfare state and the dilemmas facing those who make economic policy in the contemporary world. Emphasizing the 'institutional complementarities' that link labour relations, corporate finance, and national legal systems, the authors bring interdisciplinary perspectives to bear on issues of strategic management, economic performance, and institutional change. This pathbreaking work sets new agendas in the study of comparative political economy. As such, it will be of value to academics and graduate students in economics, business, and political science, as well as to many others with interests in international relations, social policy-making, and the law.


The Oxford Handbook of Asian Business Systems

The Oxford Handbook of Asian Business Systems

Author: Michael A. Witt

Publisher: Oxford University Press, USA

Published: 2014

Total Pages: 754

ISBN-13: 0199654921

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The Handbook explores institutional variations across the political economies of different societies within Asia. It includes empirical analysis of 13 major Asian business systems between India and Japan, and examines these in a comparative, historical, and theoretical context.


Varieties of Capitalism in History, Transition and Emergence

Varieties of Capitalism in History, Transition and Emergence

Author: Martha Prevezer

Publisher: Routledge

Published: 2017-03-27

Total Pages: 337

ISBN-13: 1317819225

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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.


The Varieties of Capitalism Paradigm

The Varieties of Capitalism Paradigm

Author: M. Allen

Publisher: Springer

Published: 2006-05-31

Total Pages: 182

ISBN-13: 023050793X

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How do the environments, in which businesses operate, condition their success or failure? Such questions have long been of interest in the fields of business, economics and politics. This book thoroughly examines the main claims of the most important contribution - the Varieties of Capitalism paradigm - to this debate in recent years.


Varieties of Capitalism, Varieties of Approaches

Varieties of Capitalism, Varieties of Approaches

Author: D. Coates

Publisher: Springer

Published: 2005-01-25

Total Pages: 307

ISBN-13: 0230522726

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Though the emerging sub-discipline of comparative political economy is now rich in studies of different advanced capitalisms, it still lacks a systematic consideration of the organizing frameworks and methodologies underpinning those studies. This definitive volume outlines the two great debates currently shaping the analysis of advanced capitalism. It makes the case for a greater awareness of underlying theoretical issues in the design of empirical research, and demonstrates the value of exploring the interconnections between competing intellectual approaches.


Varieties of Capitalism

Varieties of Capitalism

Author: Peter A. Hall

Publisher: Oxford University Press, USA

Published: 2001

Total Pages: 540

ISBN-13: 9780199247752

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What are the most fundamental differences among the political economies of the developed world? How do national institutional differences condition economic performance, public policy, and social well-being? Will they survive the pressures for convergence generated by globalization and technological change? These have long been central questions in comparative political economy. This book provides a new and coherent set of answers to them. Building on the new economics of organization, the authors develop an important new theory about which differences among national political economies are most significant for economic policy and performance. Drawing on a distinction between 'liberal' and 'coordinated' market economies, they argue that there is more than one path to economic success. Nations need not converge to a single Anglo-American model. They develop a new theory of 'comparative institutional advantage' that transforms our understanding of international trade, offersnew explanations for the response of firms and nations to the challenges of globalization, and provides a new theory of national interest to explain the conduct of nations in international relations. The analysis brings the firm back into the centre of comparative political economy. It provides new perspectives on economic and social policy-making that illuminate the role of business in the development of the welfare state and the dilemmas facing those who make economic policy in the contemporary world. Emphasizing the 'institutional complementarities' that link labour relations, corporate finance, and national legal systems, the authors bring interdisciplinary perspectives to bear on issues of strategic management, economic performance, and institutional change. This pathbreaking work sets new agendas in the study of comparative political economy. As such, it will be of value to academics and graduate students in economics, business, and political science, as well as to manyothers with interests in international relations, social policy-making, and the law.


Varieties of Capitalism in History, Transition and Emergence

Varieties of Capitalism in History, Transition and Emergence

Author: Martha Prevezer

Publisher: Taylor & Francis

Published: 2017-03-27

Total Pages: 295

ISBN-13: 1317819233

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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.


The Future of Work in Diverse Economic Systems

The Future of Work in Diverse Economic Systems

Author: Daniel Friel

Publisher: Cambridge University Press

Published: 2024-02-29

Total Pages: 147

ISBN-13: 1009234617

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This Element reviews varieties of capitalism (VoC) developed by Hall and Soskice and subsequent extensions to emerging markets. The author suggests that by reinvigorating existing ideal types and creating new ones through an analysis of its five variables in a variety of countries VoC can be used to evaluate the viability of economic reforms in each country, based on lessons from other countries belonging to their ideal type. It illustrates the utility of VoC in understanding how reforms will differ across countries by examining how the future of work is likely to differ across nations depending on the degree to which the five institutions explored in this approach promote the standardization of tasks. It analyzes how these institutions shape degrees of standardization in the United States, Germany, and Brazil, offering suggestions for reforms in each of them.