Open AccessJournal Article
Varieties of capitalism: the institutional foundations of comparative advantage
Peter A. Hall,David Soskice +1 more
TLDR
In this paper, the authors highlight the role of business in national economies and show that there is more than one path to economic success, and explain national differences in social and economic policy.Abstract:
What are the most important differences among national economies? Is globalization forcing nations to converge on an Anglo-American model? What explains national differences in social and economic policy? This pathbreaking work outlines a new approach to these questions. It highlights the role of business in national economies and shows that there is more than one path to economic success.read more
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Reciprocity and R&D search: Applying the behavioral theory of the firm to a communitarian context
Jonathan O'Brien,Parthiban David +1 more
TL;DR: In this article, the behavioral theory of the firm perspective on R&D search requires modification when applied to "communitarian" cultures such as Japan because reciprocity and embeddedness can influence the search decision.
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Changing of the guard: trends in corporatist arrangements in 42 highly industrialized societies from 1960 to 2010
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Financialisation varied: A comparative analysis of advanced economies
Costas Lapavitsas,Jeff Powell +1 more
TL;DR: In this paper, the authors deploy a Marxist framework to establish that financialisation represents a structural transformation of advanced capitalist economies with three characteristic tendencies: non-financial enterprises have acquired capacity to engage in financial activities independently; banks have turned to mediating transactions in open markets as well as lending to households; and households have been drawn into the formal financial system.
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Institutions and the prevalence of nonstandard employment
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Rising powers, global capitalism and liberal global governance: A historical materialist account of the BRICs challenge
TL;DR: In this article, the authors analyze the phenomenon of rising powers from a historical materialist perspective and argue that the rise of new powers is leading to a hybrid governance order that is both transnationally integrated and less liberal.
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