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The competitiveness and diverse performance of national economies

Author

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  • Pascal Petit

    (CNRS-CEPREMAP-CEPN (Centre d'économie de Paris Nord))

Abstract

Currently, developed economies, with their different institutional settings and capabilities, are having to adjust to a similar set of structural changes. This article examines these major structural changes affecting developed economies and analyses how they are altering forms of competition for the various types of capitalism. It refutes the thesis according to which these changes will lead to a full convergence of countries' institutional settings. Consequently, countries have to draw on their own specific characteristics to adapt to the challenges of internationalisation and the new competitive state of affairs.

Suggested Citation

  • Pascal Petit, 2006. "The competitiveness and diverse performance of national economies," Transfer: European Review of Labour and Research, , vol. 12(4), pages 593-607, November.
    • Handle: RePEc:sae:treure:v:12:y:2006:i:4:p:593-607
    DOI: 10.1177/102425890601200409
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    References listed on IDEAS

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    1. Giuseppe Nicoletti & Stefano Scarpetta & Olivier Boylaud, 2000. "Summary Indicators of Product Market Regulation with an Extension to Employment Protection Legislation," OECD Economics Department Working Papers 226, OECD Publishing.
    2. Amable, Bruno, 2003. "The Diversity of Modern Capitalism," OUP Catalogue, Oxford University Press, number 9780199261147.
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