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Debating Varieties Of Capitalism

Author : Bob Hancké
ISBN : 9780199569670
Genre : Business & Economics
File Size : 84. 96 MB
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Hall and Soskice's Varieties of Capitalism (VoC) has become a seminal text across the social sciences in the debate about political-economic models. Here, Bob Hancké presents the key readings on VoC, including the original Hall and Soskice introduction, showing how these ideas have changed the way we look at comparative political economy.

Capitalism Institutions And Economic Development

Author : Michael G. Heller
ISBN : 9781135214999
Genre : Business & Economics
File Size : 71. 76 MB
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Based on a timely reassessment of the classic arguments of Weber, Schumpeter, Hayek, Popper, and Parsons, this book reconceptualizes actually-existing capitalism. It proposes capitalism as an impersonal procedural solution to the problems of spontaneously coordinating public institutions that enable durable market-based wealth generation and social order. Few countries have achieved this. A novel contribution of the book is that it identifies a practical sequence of economic and institutional shortcuts to real capitalism. The book challenges current orthodoxies about varieties of capitalism and relativist recipes for economic growth, and it criticizes culturalist and incrementalist viewpoints in institutional economics. It calls on the social sciences to help in constructing dynamic and prosperous open societies of the twenty-first century by reclaiming older ideas of ‘social economics’. Better and faster solutions will emphasize crisis-induced change, rational leadership, ideological persuasion, institutional engineering, rules-based market freedom, and the universalistic formal-procedural impersonality of optimal regulatory systems.

Institutions And The Evolution Of Capitalism

Author : European Association for Evolutionary Political Economy
ISBN : UOM:39015047494110
Genre : Business & Economics
File Size : 79. 61 MB
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This work asks, What is the role of the entrepreneur in capitalist societies?, and, How effective are technological policies in changing institutions?, along with, Are the economic systems of the USA, Europe and Asia converging'. The theoretical foundations of capitalism are examined.

Business Systems And Organizational Capabilities

Author : Richard Whitley
ISBN : 9780199205172
Genre : Business & Economics
File Size : 22. 38 MB
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Whitley is one of the leading exponents of the 'business systems' approach which analyses the different character and organisation of firms in different national settings. Here he summarises his approach and links it to the capabilities and strategies of firms.

The Economic Intstitutions Of Capitalism

Author : Oliver E. Williamson
ISBN : 9780684863740
Genre : Business & Economics
File Size : 50. 34 MB
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This long-awaited sequel to the modem classic "Markets and Hierarchies" develops and extends Williamson's innovative use of transaction cost economics as an approach to studying economic organization by applying it to work and labor as well as the corporation itself. In addition, Williamson explores its growing implications for public policy, including its potential influence on antitrust and merger guidelines, labor policy, and SEC and public utility regulations.

Institutional Economics

Author : Wolfgang Kasper
ISBN : STANFORD:36105024323359
Genre : Business & Economics
File Size : 68. 11 MB
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A dense textbook for students and others with a basic understanding of economics. Introduces the idea of institutions as rules that constrain possibly opportunistic human behavior, protect individual spheres of freedom, help avoid or mitigate conflicts, and enhance the division of labor and knowledge, thereby promoting prosperity, which Wolfgang and Streit value over comfort. Under foundations they discuss human behavior, fundamental human values, and individual rules. Their applications include the institutional foundations of capitalism, the dynamics of competition, economic organizations, public policy as collective action, the international dimension, the evolution of institutions, alternative economic systems, and reforming the mixed economies. Annotation copyrighted by Book News, Inc., Portland, OR

The Diversity Of Modern Capitalism

Author : Bruno Amable
ISBN : 9780199261130
Genre : Business & Economics
File Size : 27. 25 MB
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Based on a theory of institutions and comparative capitalism, this text looks at the diversity of modern economies and identifies five different models: the Anglo-Saxon model; Asian capitalism; the Continental European model; the social democratic economies; and the Mediterranean model.

Diversity Of Patchwork Capitalism In Central And Eastern Europe

Author : Ryszard Rapacki
ISBN : 9780429614989
Genre : Political Science
File Size : 55. 32 MB
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This book is a comparative study which sheds a new empirical and theoretical light on the nature of post-communist capitalism in 11 EU new member countries of Central and Eastern Europe, or CEE11. Extending and modifying a well-established conceptual framework for comparative capitalism rooted in new institutional economics and economic sociology, it offers a better explanation for transition-specific and path-dependent factors inherent to systemic transformation. Based on a vast dataset, the book therefore illuminates the (dis)similarities among the institutional architectures in the EU countries. Thus, the book argues that the evolving capitalism in Central and Eastern Europe exhibits strong symptoms of institutional ambiguity or a "patchwork" nature which makes it a distinct category from any of the co-existing models of Western European capitalism. This book will be of key interest to scholars and students of comparative political economy, Eastern European politics, post-communist studies and more broadly to researchers in the fields of economics, European politics and the wider social sciences. It will also be of significance to journalists, policymakers, members of international organizations and consultancies with an interest in Central and Eastern Europe and in European integration.

Worlds Of Capitalism

Author : Max Miller
ISBN : 9781134274017
Genre : Business & Economics
File Size : 84. 88 MB
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Efforts to combine the outstanding economic performance in the decades following the Second World War with social security appear to be endangered half way through the first decade of the 21st century. This book draws together an international team of contributors, including Douglass North, Harold Demsetz and Michael Piore to assess the current world order.

Institutions And Economic Change

Author : European Association for Evolutionary Political Economy
ISBN : STANFORD:36105023201564
Genre : Business & Economics
File Size : 40. 87 MB
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Let them eat data! could be the cry of economic's new glasses, which show not the allocation of scarce resources, but the creation, distribution, and use of information and other newly created products. A dozen papers from an October 1994 conference in Copenhagen present theories of the relationships between institutions and economic change, with applications in such fields as innovation, the firm, technical change, markets, and economic systems. They focus on the roles of learning, knowledge, trust, and norms. Addressed to academic economists. The CiP data shows Johnson as the first editor. Annotation copyrighted by Book News, Inc., Portland, OR

Divergent Capitalisms

Author : Richard Whitley
ISBN : 9780191567223
Genre : Business & Economics
File Size : 84. 22 MB
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The late twentieth century has witnessed the establishment of new forms of capitalism in East Asia as well as new market economies in Eastern Europe. Despite the growth of international investment and capital flows, these distinctive business systems remain different from each other and from those already developed in Europe and the Americas. This continued diversity of capitalism results from, and is reproduced by, significant differences in societal institutions and agencies such as the state, capital and labour markets, and dominant beliefs about trust, loyalty, and authority. This book presents the comparative business systems framework for describing and explaining the major differences in economic organization between market economies in the late twentieth century. This framework identifies the critical variations in coordination and control systems across forms of industrial capitalism, and shows how these are connected to major differences in their institutional contexts. Six major types of business system are identified and linked to different institutional arrangements. Significant differences in post-war East Asian business systems and the ways in which these are changing in the 1990s are analysed within this framework, which is also extended to compare the path-dependent nature of the new capitalisms emerging in Eastern Europe.

Structural Crisis And Institutional Change In Modern Capitalism

Author : Bruno Amable
ISBN : 9780198787815
Genre : Business & Economics
File Size : 62. 52 MB
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This book analyses the evolution of the French model of capitalism in relation to the instability of socio-political compromises. In the 2010s, France was in a situation of systemic crisis, namely, the impossibility for political leadership to find a strategy of institutional change, or more generally a model of capitalism, that could gather sufficient social and political support. This book analyses the various attempts at reforming the French model since the 1980s, when the left tried briefly to orient the French political economy in a social-democratic/socialist direction before changing course and opting for a more orthodox macroeconomic and structural policy direction. The attempts of governments of the right to implement a radically neo-liberal structural policy also failed in the face of a significant social opposition. The enduring French systemic crisis is the expression of contradictions between the economic policies implemented by the successive left and right governments, and the existence of a dominant, social bloc, that is, a coalition of social groups that would politically support the dominant political strategy. Since 1978, both the right and the left have failed to find a solution to the contradictions between the policies they implemented and the expectations of their respective social bases, which are themselves inhabited by tensions and contradictions that evolve with the structural reforms that gradually transformed French capitalism.

Re Forming Capitalism

Author : Wolfgang Streeck
ISBN : 9780191565229
Genre : Business & Economics
File Size : 32. 60 MB
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Wolfgang Streeck has written extensively on comparative political economy and institutional theory. In this book he addresses some of the key issues in this field: the role of history in institutional analysis, the dynamics of slow institutional change, the limitations of rational design and economic-functionalist explanations of institutional stability, and the recurrent difficulties of restraining the effects of capitalism on social order. In the classification of the 'Varieties of Capitalism' school, Germany has always been taken as the chief exemplar of a 'European', coordinated market economy. Streeck explores to what extent Germany actually conforms to this description. His argument is supported by original empirical research on wage-setting and wage structure, the organization of business and labor in business associations and trade unions, social policy, public finance, and corporate governance. From this evidence, Bringing Capitalism Back In traces the current liberalization of the postwar economy of democratic capitalism by means of an historically-grounded approach to institutional change. This is an important book in comparative political economy and key reading across the social sciences for academics, researchers, and advanced students of Political Economy, Sociology, comparative business systems.

Comparative Political Economy

Author : Ben Clift
ISBN : 9781350311770
Genre : Political Science
File Size : 69. 29 MB
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This is a book about how 21st-century capitalism really works. Modern economics strips away social, historical, and political context from analysis of 'the economic', but the economy is far too important to leave exclusively to the economists. Comparative Political Economy (CPE) is a much broader, richer intellectual undertaking which 're-embeds' the analysis of the economic within the social and political realm. This is at the heart of how to think like a political economist. This text maps the terrain and evolution of CPE, providing the analytical tools to explore the many variants of capitalism, unearthing their roots in competing visions of the desirable distribution of the fruits of growth. Connecting CPE systematically to the subfield of International Political Economy (IPE), the book explains how these visions generate ongoing political struggles over how to regulate and manage capitalism. This is the perfect introduction to the field for all students of CPE and IPE. New to this Edition: - Fully revised and updated throughout to take into account the latest empirical and theoretical developments in this fast-moving field - A brand New chapter on the political economy of inequality, populism, Trump & Brexit - New expanded 'how to use this book' aimed at student readers - More coverage of the types of economies covered, to move from an exclusively Western focus to cover developing and emerging global economies

The Political Economy Of The European Union

Author : Dermot McCann
ISBN : 9780745638904
Genre : Business & Economics
File Size : 46. 99 MB
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The core business of the European Union is the creation of an integrated European market. The scale of this project is enormous, covering a wide variety of national ‘models' of capitalism, many of which are marked by a heavy reliance on non-market institutions to govern and co-ordinate economic activity. This book introduces students to the fundamentals of European Union policy towards these national political economic governance institutions and the challenges arising from this evolving relationship. Chapter One examines the role of institutions in governing capitalist systems. Chapter Two explores the evolution of the EU's liberal ambition over the last five decades. Subsequent chapters then analyse the development of EU policy in relation to the governance of product, financial and labour markets. What sort of restructuring has it sought to achieve? How great a challenge do EU policies present to national practices? How effective have been its strategies of Europeanisation? In short, to what extent has it effected a liberal transformation in the institutional governance of European capitalism? At issue are fundamental questions concerning the power and status of nation-states in the context of the most ambitious experiment in co-operative regional integration yet witnessed.

Constructing Capitalisms

Author : Roderick Martin
ISBN : 9780199657667
Genre : Business & Economics
File Size : 58. 11 MB
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This book provides an analysis of the changes in business systems of four Central and Eastern European countries - Poland, Hungary, the Czech Republic, and Romania - since the fall of Communism in 1989, drawing on the Varieties of Capitalism debate.

Capitalism From Below

Author : Victor Nee
ISBN : 9780674070196
Genre : Business & Economics
File Size : 57. 15 MB
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Over 630 million Chinese escaped poverty since the 1980s, the largest decrease in poverty in history. Studying 700 manufacturing firms in the Yangzi region, the authors argue that the engine of China’s economic miracle—private enterprise—did not originate at the top but bubbled up from below, overcoming initial obstacles set up by the government.

The End Of Diversity?

Author : Kozo Yamamura
ISBN : 9781501711442
Genre : Political Science
File Size : 39. 56 MB
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After the devastation of World War II, Germany and Japan built national capitalist institutions that were remarkably successful in terms of national reconstruction and international competitiveness. Yet both "miracles" have since faltered, allowing U.S. capital and its institutional forms to establish global dominance. National varieties of capitalism are now under intense pressure to converge to the U.S. model. Kozo Yamamura and Wolfgang Streeck have gathered an international group of authors to examine the likelihood of convergence—to determine whether the global forces of Anglo-American capitalism will give rise to a single, homogeneous capitalist system. The chapters in this volume approach this question from five directions: international integration, technological innovation, labor relations and production systems, financial regimes and corporate governance, and domestic politics. In their introduction, Yamamura and Streeck summarize the crises of performance and confidence that have beset German and Japanese capitalism and revived the question of competitive convergence. The editors ask whether the two countries, confronted with the political and economic exigencies of technological revolution and economic internationalization, must abandon their distinctive institutions and the competitive advantages these have yielded in the past, or whether they can adapt and retain such institutions, thereby preserving the social cohesion and economic competitiveness of their societies.

National Capitalisms Global Competition And Economic Performance

Author : Sigrid Quack
ISBN : 9789027299819
Genre : Business & Economics
File Size : 35. 81 MB
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Why are some firms successful on global markets whilst others are not? In this collection of papers, a group of distinguished international researchers examine the inter-relationship between national context, firm performance and global competitiveness. In a series of empirical studies covering major industries (such as banking, telecommunications, construction, automobiles, and airlines) in a number of European countries (Great Britain, France, Germany, Holland, Finland, Slovenia), the studies show how distinctive patterns of firm competences and capabilities arise from national contexts. These influence the way in which firms perform in response to changing technologies and competitive pressures. Thus the impact of the globalisation of economic activity may be to reinforce existing national differences in firm performance rather than producing a homogenisation and standardisation. This book will be of interest to researchers in business and management, sociology, economics and political science for its comparative organizational approach to problems of economic performance.

State Capitalism Institutional Adaptation And The Chinese Miracle

Author : Barry Naughton
ISBN : 9781107081062
Genre : Business & Economics
File Size : 22. 94 MB
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This volume explores how Chinese institutions have adapted to the new challenges of 'state capitalism'.

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