Varieties of Capitalism, Varieties of Approaches

Author: D. Coates

Publisher: Springer

ISBN: 0230522726

Category: Political Science

Page: 300

View: 6157

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.
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Integrating Varieties of Capitalism and Welfare State Research

A Unified Typology of Capitalisms

Author: Martin Schröder

Publisher: Springer

ISBN: 1137310308

Category: Political Science

Page: 223

View: 6615

This book combines the two most important typologies of capitalist diversity; Esping-Andersen's welfare regime typology and Hall and Soskice's 'Varieties of Capitalism' typology, into a unified typology of capitalist diversity. The author shows empircally that certain welfare states bundle together with certain production systems.
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Asleep at the Switch

The Political Economy of Federal Research and Development Policy since 1960

Author: Bruce Smardon

Publisher: McGill-Queen's Press - MQUP

ISBN: 0773596542

Category: Political Science

Page: 505

View: 9919

Since 1960, Canadian industry has lagged behind other advanced capitalist economies in its level of commitment to research and development. Asleep at the Switch explains the reasons for this underperformance, despite a series of federal measures to spur technological innovation in Canada. Bruce Smardon argues that the underlying issue in Canada's longstanding failure to innovate is structural, and can be traced to the rapid diffusion of American Fordist practices into the manufacturing sector of the early twentieth century. Under the influence of Fordism, Canadian industry came to depend heavily on outside sources of new technology, particularly from the United States. Though this initially brought in substantial foreign capital and led to rapid economic development, the resulting branch-plant industrial structure led to the prioritization of business interests over transformative and innovative industrial strategies. This situation was exacerbated in the early 1960s by the Glassco framework, which assumed that the best way for the federal state to foster domestic technological capacity was to fund private sector research and collaborative strategies with private capital. Remarkably, and with few results, federal programs and measures continued to emphasize a market-oriented approach. Asleep at the Switch details the ongoing attempts by the federal government to increase the level of innovation in Canadian industry, but shows why these efforts have failed to alter the pattern of technological dependency.
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Varieties of Capitalism

The Institutional Foundations of Comparative Advantage

Author: Peter A. Hall,David Soskice

Publisher: OUP Oxford

ISBN: 9780191530104

Category: Business & Economics

Page: 556

View: 4598

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.
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Varieties of Innovation Systems

The Governance of Knowledge Transfer in Europe

Author: Michael Ortiz

Publisher: Campus Verlag

ISBN: 3593398982

Category: Social Science

Page: 507

View: 7266

Investigates the governance structures and mechanisms of knowledge and technology transfer in the context of innovation and production systems in six regions of Europe. With analyses of strengths and weaknesses, barriers, and shortcomings, this book identifies best practice models and policy recommendations for the investigated regions.
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The Consequences of the Global Financial Crisis

The Rhetoric of Reform and Regulation

Author: Wyn Grant,Graham K. Wilson

Publisher: Oxford University Press

ISBN: 0199641986

Category: Business & Economics

Page: 272

View: 7499

Systematically exploring the consequences of the global financial crisis, this text focuses primarily on the impact on policy and politics. It asks how governments responded to the challenges that the crisis has posed, and the policy and political impact of the combination of both the crisis itself and these responses.
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Are There Varieties of Capitalism in African Political Economies?

Author: Christoph Vogel

Publisher: GRIN Verlag

ISBN: 3656047766

Category:

Page: 64

View: 6699

Seminar paper from the year 2009 in the subject Politics - International Politics - Region: Africa, grade: 1,7, University of Cologne (Forschungsinstitut fur Politische Wissenschaft und Europaische Fragen), course: Comparative Political Economy: Varieties of Capitalism, language: English, abstract: Since the last decade scientific research on capitalism has experienced a noticeably grown attention among scholars as well as politicians. One of the most discussed approaches in this field of comparative analysis of political economy is the 'varieties of capitalism' theory1 developed by Peter Hall and David Soskice. Their approach basically focuses on how different actors may behave in a certain politico-economic state configuration and on how far this configuration can determine a national type or variety of capitalism as well as the economic success of a political economy. This approach, though, has been designed with a view to the so-called 'developed economies', which are to be found in Western and Central Europe as well as in North America. In the era of globalization other economies have come into play, with their performances ranging from real success stories, as in several Asian economies, to considerable failure, as in most marginalized Sub-Saharan African economies. After presenting Hall and Soskice's approach and some of its criticisms in order to give a conceptual framework, this paper will provide a very brief overview of the political economy of colonialism, followed by a case-study analysis of the contemporary political economies of Uganda and the Democratic Republic of Congo (DRC). The main research question is to identify to which extent varieties of capitalism imported from colonial powers have fashioned today's economies in the chosen cases as 'economic models' or how far the empirically established colonial economic systems are responsible for post-colonial developments. The former colonial power in Uganda, Great Britain, will be considered as a Libe
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Varieties of Capitalism and Business History

The Dutch Case

Author: Keetie E. Sluyterman

Publisher: Routledge

ISBN: 1317665325

Category: Business & Economics

Page: 232

View: 2018

The financial crisis of 2008 brought new urgency to the question how best to organise national economies. This volume gives a business history perspective on the Varieties of Capitalism debate and considers the respective merits of the liberal and coordinated market economies. It looks at individual firms and business people as well as institutions and takes a long-term perspective by covering the whole 20th century. The authors examine both continuity and change with a particular focus on the Netherlands, a nation with an open economy, situated between two countries that oppose each other in the way they organize their economies: Germany and Great Britain. The Netherlands also provides an important case study with Dutch business maintaining strong links to the United States, widely considered to be the ‘typical’ liberal market economy. Contributors address the main topics of the capitalism debate, including labour relations, corporate governance, the firm and its leaders, coordination between firms, innovation, multinationals as agents of change, and economic performance. They show that the Netherlands moved from a mostly liberal market economy before 1914 towards a coordinated market economy from the 1930s onwards, and – up to a certain extent – back again to a more liberal market economy. Under both varieties of capitalism the country experienced economic growth and stagnation, but a more equal division of wealth occurred in the coordinated market economy only. Wars and international economic crises offered moments for revaluation and changes of tack. This book raises questions for every country around the globe: How is change being brought about? Can one see different results from a liberal or a more coordinated market economy? And most critically: which system is more effective in bringing prosperity and enabling enough people to share in the wealth?
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Varieties of Capitalism and Europeanization

National Response Strategies to the Single European Market

Author: Georg Menz

Publisher: Oxford University Press on Demand

ISBN: 0199551030

Category: Business & Economics

Page: 280

View: 6262

Europeanization has often been conceived as a top-down process, necessitating implementation and adjustment at the national level. However, Europeanization can also be conditioned by bottom-up national initiatives. While recent endeavors in comparative political economy have emphasized the resilience of coordinated market economies, few detailed empirical studies have examined to date exactly how different European systems of political-economic governance cope with and respond to an European impetus for liberalization. This original study of the impact of the EU-induced liberalization of service provision on member states argues that innovative national re-regulatory strategies may be implemented in response to Europeanization. In permitting any company registered in an EU member state to provide services throughout Europe, new possibilities were created for the transnational posting of workers from low-wage to high-wage countries. However, high-wage countries could re-regulate the wage levels applicable to such employees. The exact nature of such response strategy is colored by the respective institutional power that labor market interest associations like trade unions and employer associations command. Therefore, different institutionalized varieties of capitalism generate distinct re-regulations of the Single European Market. Drawing on detailed case studies of ten European countries, this volume bridges the gap between the rapidly unfolding scholarly debate on Europeanization and varieties of capitalism. It argues that both strongly neocorporatist systems of political-economic governance and statist systems are capable of creating swift, comprehensive and thorough national re-regulations. This applies to Austria and France, but also Sweden, Denmark, Norway, Finland, Belgium, and Luxembourg. By contrast, countries with less strongly embedded neocorporatist structures, in which due to organizational deficiencies trade unions face difficulties blocking employer demands, create liberal response strategies, permitting a stratification of wage levels. Hence, both Germany and the Netherlands implemented liberal business-friendly re-regulations. The volume makes the case for important amendments to existing accounts of Europeanization and varieties of capitalism. Scholars of Europeanization need to incorporate bottom-up re-regulation into their conceptual framework, particularly in response to 'negative integration'. Recent strides in comparative political economy have placed great emphasis on continued divergence, yet this study suggests that even within the presumably unified group of 'non-liberal' coordinated market economies important institutional differences produce very distinct responses in the face of European liberalization.
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Globalization and Employment Relations in the Auto Assembly Industry

A Study of Seven Countries

Author: Roger Blanpain,Russell D. Lansbury

Publisher: Kluwer Law International B.V.

ISBN: 9041126988

Category: Business & Economics

Page: 152

View: 3166

Describes work organization, skill formation, remuneration systems, staffing arrangements and employment security, and enterprise governance and employee-management relations in seven countries: the United States, Australia, Germany, Sweden, Japan, South Korea, and China.
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