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The “New Comparative Economics”: A Critical Review

In: The Palgrave Handbook of Comparative Economics

Author

Listed:
  • Bruno Dallago

    (University of Trento)

  • Sara Casagrande

    (University of Trento)

Abstract

The chapter assesses the new comparative economics’ (NCE) contribution to the analysis and comparison of economic systems and economies. It highlights the NCEs aims and research program and compares these to the traditional field of comparative economic systems (CES). The comparison shows that both approaches are useful for a better understanding of the working of economies and the management of change. Being different in both their theoretical stance and the method they use, they heuristically compete, but normatively they provide useful contributions in different ways and cases. They should thus continue to compete for improving our knowledge and analysis of different institutional constructions. The chapter also considers the development of the field and looks at the number and topic of scientific publications since 1991.

Suggested Citation

  • Bruno Dallago & Sara Casagrande, 2021. "The “New Comparative Economics”: A Critical Review," Springer Books, in: Elodie Douarin & Oleh Havrylyshyn (ed.), The Palgrave Handbook of Comparative Economics, edition 1, chapter 5, pages 91-117, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-50888-3_5
    DOI: 10.1007/978-3-030-50888-3_5
    as

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    More about this item

    Keywords

    Comparative economics; Comparative economic systems; NCE; Varieties of capitalism;
    All these keywords.

    JEL classification:

    • P00 - Political Economy and Comparative Economic Systems - - General - - - General
    • P10 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - General
    • P50 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - General
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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