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Political Economy of Modern Capitalism: Mapping Convergence and Diversity
TLDR
In this paper, the authors provide a comprehensive overview of the implications for future capitalist diversity and provide a practical and wide-ranging analysis of the public policy choices facing governments and business around the world.Abstract:
Modern capitalism, from neo-liberalism to deregulation, has come to dominate national and international political economy. This major book addresses this convergence and provides a comprehensive overview of the implications for future capitalist diversity. Leading international contributors consider important questions. Is the preference for free markets a well-founded response to intensified global competition? Does this mean that all advanced societies must converge on an imitation of the United States? What are the implications for the institutional diversity of the advanced economies? How do we now evaluate the systems and institutions in East Asia? Political Economy and Modern Capitalism provides a practical and wide-ranging analysis of the public policy choices facing governments and business around the world. It will be invaluable reading for students and researchers of political economy, comparative politics, political science, political sociology, public policy, and administration.read more
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Chains and networks, territories and scales: towards a relational framework for analysing the global economy
TL;DR: In this paper, the authors argue that any understanding of the global economy must be sensitive to four considerations: (a) conceptual categories and labels carry with them the dis- cursive power to shape material processes; (b) multiple scales of analysis must be incorporated in recognition of the contemporary'relativization of scale'; (c) no single institutional or organizational locus of analysis should be privileged; and (d) extrapolations from specific case studies and instances must be treated with caution.
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Varieties of Capitalism and Institutional Complementarities in the Political Economy: An Empirical Analysis
TL;DR: This paper provided a statistical analysis of core contentions of the "varieties of capitalism" perspective on comparative capitalism and constructed indices to assess whether patterns of co-ordination in the OECD economies conform to the predictions of the theory and compared the correspondence of institutions across subspheres of the political economy.
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The Global Diffusion of Regulatory Capitalism
TL;DR: The authors analyzes the rise and diffusion of regulatory capitalism and suggests that change in the governance of capitalist economy is best captured by reference to a new division of labor between state and society (e.g., privatization), an increase in delegation, proliferation of new technologies of regulation, formalization of interinstitutional and intrainstitutional arrangements of regulation and growth in the influence of experts in general, and of international networks of experts.
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‘Governance’ as a bridge between disciplines: Cross-disciplinary inspiration regarding shifts in governance and problems of governability, accountability and legitimacy
TL;DR: In recent decades, a number of changes in the forms and mechanisms of governance by which institutional and orga- nizational societal sectors and spheres are governed, as well as in the location of governance from where command, administration, management and control of societal institutions and spheres were conducted as mentioned in this paper.
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Comparing capitalisms: understanding institutional diversity and its implications for international business
Gregory Jackson,Richard Deeg +1 more
TL;DR: The authors examines the role of institutional analysis within the field of international business (IB) studies and argues that IB research would be usefully advanced by greater attention to comparing the topography of institutional landscapes and understanding their diversity.