Varieties of Capitalism: The Institutional Foundations of Comparative Advantage
- Hall, Peter A.(Frank G. Thomson Professor of Government and Director of the Minda de Gunzburg Center for European Studies, Harvard University)Soskice, David(Director, Research Group on Employment and Economic Change, Wissenschaftszentrum fur Sozialforschung, Berlin)
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 institutional advantage' 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. Contributors to this volume - Steven Casper, Judge Institute of Management Studies, Cambridge Pepper Culpepper, Harvard University Margarita Estevez, University of Minnesota Orfeo Fioretos, University of Wisconsin, Madison Robert J. Franzese, Jr., University of Michigan Peter A. Hall, Harvard University Bob Hancke, London School of Economics Torben Iversen, Harvard University Mark Lehrer, University of Rhode Island Isabela Mares, Stanford University David Soskice, Wissenschaftszentrum, Berlin Jay Tate, University of California, Berkeley Gunther Teubner, London School of Economics Kathleen Thelen, Northwestern University Sigurt Vitols, Wissenschaftszentrum, Berlin Stewart Wood, Magdalen College, Oxford
To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
This book is provided by Oxford University Press in its series OUP Catalogue with number 9780199247752 and published in 2001. ISBN: 9780199247752 Order: http://ukcatalogue.oup.com/product/9780199247752.do Handle: RePEc:oxp:obooks:9780199247752 Contact details of provider: Web page: http://www.oup.com/
Order Information: Web: http://www.oup.com/
When requesting a correction, please mention this item's handle: RePEc:oxp:obooks:9780199247752. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Economics Book Marketing)
If references are entirely missing, you can add them using this form.
Follow series, journals, authors & more
New papers by email
Subscribe to new additions to RePEc
Public profiles for Economics researchers
Various rankings of research in Economics & related fields
Who was a student of whom, using RePEc
Curated articles & papers various economics topics
Upload your paper to be listed on RePEc and IDEAS
Blog aggregator for economics research
Cases of plagiarism in Economics
Job Market Papers
RePEc working paper series dedicated to the job market
Pretend you are at the helm of an economics department
Services from the StL Fed
Data, research, apps & more from the St. Louis Fed