Varieties Of Capitalism Types Of Democracy And Globalization Download Ebook PDF Epub Online

Author : Masanobu Ido
Publisher : Routledge
Release : 2012-03-29
Page : 248
Category : Political Science
ISBN 13 : 1136342702
Description :


This book combines two strands of international political economy; examining how capitalism and democracy shape and are shaped by each other. Although until now considered separately, this path-breaking book proposes an innovative view of a political-economic system that inextricably links the model of capitalism to the type of democracy, where continuation is mutually reinforced. Advanced countries have achieved post-war affluence by adopting one of two contrasting models of capitalism; liberal market economies or coordinated market economies, and two opposing types of democracies: consensus or majoritarian democracies. Expert contributors in the field consider the question of whether and how globalization is transforming the post-war political–economic systems of advanced countries such as Britain, France, Germany, Italy and Japan, as well as the question of how it is shaping democracy and capitalism combinations in former socialist countries in Eastern Europe and the new "capitalist" China. The book examines various topics, including party system change, a political dilemma of the established party, and corporate governance reforms, to posit an original an innovative theory of international political economy. Variety of Capitalism, Types of Democracy and Globalization will be of interest to students and scholars of comparative politics, political economy and globalization.


Author : Peter A. Hall
Publisher : Oxford University Press
Release : 2001
Page : 540
Category : Business & Economics
ISBN 13 : 0199247749
Description :


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, offersnew 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 tomany others with interests in international relations, social policy-making, and the law.


Author : Peter A. Hall
David W. Soskice
Publisher : Oxford University Press, USA
Release : 2001
Page : 540
Category : Business & Economics
ISBN 13 : 9780199247752
Description :


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, offersnew 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 manyothers with interests in international relations, social policy-making, and the law.


Author : Hideko Magara
Stefano Sacchi
Publisher : Edward Elgar Publishing
Release : 2013-10-31
Page : 240
Category : Business & Economics
ISBN 13 : 0857932934
Description :


This innovative volume will be an excellent resource for political scientists specialized in political economy and industrial relations, labour economists and sociologists as well as policy practitioners and corporate governance specialists. Moreover,


Author : Oliver Schlenkrich
Publisher : Springer Nature
Release : 2021-08-03
Page : 363
Category : Political Science
ISBN 13 : 3658348801
Description :


This study has two central research questions: Do democracy profiles affect policy performance? And what causes democracy profiles? Oliver Schlenkrich conceptualizes and measures different democracy profiles (e.g., libertarian-majoritarian or egalitarian-majoritarian democracies) based on trade-offs between the central democracy dimensions of political freedom, political equality, and political and legal control. In addition, the study conceptually and empirically develops a typology of political performance. Regarding the first research question, the empirical analyses of about 80 democracies from 1974 to 2017 indicate that there is not an overall better performing democracy profile. Thereby, the democracy profiles do not have an immediate effect, instead their effects require a longer period of time to manifest. With respect to the second research question, the empirical findings show that several structural and cultural factors are relevant (e.g., British heritage or a competitive culture). This work is mainly based on Bayesian statistics to cope with the complexity of the data and models. About the authorOliver Schlenkrich works currently on the DFG research project ‘Causes of Transformation and Democracy Profiles: Empirical Findings of the Democracy Matrix’ located at the Institute of Political Science and Sociology, University of Wuerzburg, Germany. His research interests concern democracy, political culture, political participation, quality of statehood, and quantitative methods.


Author : Daniel Woodley
Publisher : Routledge
Release : 2017-11-27
Page : 274
Category : Political Science
ISBN 13 : 1317755723
Description :


Globalization and Capitalist Geopolitics is concerned with the nature of corporate power against the backdrop of the decline of the West and the struggle by non-western states to challenge and overcome domination of the rest of the world by the West. This book argues that although the US continues to preside over a quasi-imperial system of power based on global military preponderance and financial statecraft, and remains reluctant to recognize the realities global economic convergence, the age of imperial state hegemony is giving way to a new international order characterized by capitalist sovereignty and competition between regional and transnational concentrations of economic power. This title seeks to interrogate the structure of world order by examining leading approaches to globalization and political economy in international relations and international political economy. Breaking with the classical school, Woodley argues that geopolitics should be understood as a transnational strategic practice employed by powerful state actors, which mirrors predatory corporate rivalry for control over global resources and markets, reproducing the structural conditions for corporate power through the transnational state form of capital. In a period of increasing geopolitical insecurity and economic instability this title provides an authoritative yet accessible commentary on debates on capitalism and globalization in the wake of the financial crisis. It is valuable resource for students and scholars seeking to develop a deeper understanding of the historical determinants of the changing dynamics of neoliberal capitalism and their implications for world order.


Author : Helen Callaghan
Publisher : Oxford University Press
Release : 2018
Page : 169
Category : Business & Economics
ISBN 13 : 0198815026
Description :


This book highlights the role of "profiteers" in political efforts to expand market-based competition. Political struggles surrounding the gradual marketization of corporate control in Britain, Germany and France from the 1860s provide empirical illustration.


Author : Boyka M. Stefanova
Publisher : Lexington Books
Release : 2014-11-14
Page : 350
Category : Political Science
ISBN 13 : 1498503489
Description :


This book provides a post-crisis perspective on European politics by studying interactions within and among related domestic and EU political spheres. The contributors focus on political dynamics associated with the policy decisions and outcomes of crisis response in all three domains: EU institutions, public policy, and democratic politics.


Author : Stephen Orvis
Carol Ann Drogus
Publisher : CQ Press
Release : 2020-01-28
Page : 424
Category : Political Science
ISBN 13 : 154437903X
Description :


Introducing Comparative Politics: The Essentials is organized thematically around the essential questions in comparative politics—Who rules? What explains political behavior? Where and why? Adapted from the authors’ Introducing Comparative Politics, Fifth Edition, The Essentials version offers the same framework for understanding comparative politics in a briefer format. Stephen Orvis and Carol Ann Drogus introduce key comparative questions while providing equal strengths and weaknesses of commonly debated theories, structures, and beliefs that push students and generates in-class debate over key concepts used in the science of comparative politics. While detailed case studies can go in-depth on specific countries and political systems, Introducing Comparative Politics: The Essentials distills its country material into the narrative, increasing global awareness, current-event literacy, and critical-thinking skills. The book's organization allows you to teach the course the way you want to teach it.


Author : Uwe Becker
Publisher : Routledge
Release : 2013-10-23
Page : 226
Category : Political Science
ISBN 13 : 1134647034
Description :


In the past ten to twenty years the global political economy picture has dramatically changed with the emergence of the economies of Brazil, Russia, India and, notably, China (BRICs) as big players and competitors of the advanced economies in the West and Eastern Asia. The book comparatively analyses institutional change in the BRICs. This book examines the BRICs by analysing their institutional development, their main continuities and changes, and their differences. It provides a comparative analysis of the political economies of the BRICs, but also considers South Africa and Turkey. The contributors provide a systematic comparison of the state-economy and the capital-labour relationships and explore whether they liberalized or followed a specific trajectory. The book also addresses debates on the varieties of capitalism and explores whether the emerging economies fit into the dichotomous construction of liberal and coordinated capitalism or whether they require a more differentiated typological approach. Moving away from rigid conceptions and the static classification of political economies as either liberal or coordinated and presenting a more open approach, The BRICs and Emerging Economies in Comparative Perspective will be vital reading for students and scholars of comparative political economy, international relations, capitalism, the BRICs, emerging markets and the role of the state in the economy.


Author : Christoph Vogel
Publisher : GRIN Verlag
Release : 2011-11-04
Page : 27
Category : Political Science
ISBN 13 : 3656047014
Description :


Seminar paper from the year 2009 in the subject Politics - International Politics - Region: Africa, grade: 1,7, University of Cologne (Forschungsinstitut für Politische Wissenschaft und Europäische 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 Liberal Market Economy, whereas DRC’s colonial power, Belgium, will be assigned the Coordinated Market Economies2 type. In order to avoid analytical shortcomings, this paper also tries to take into consideration the discrepancy between those models and the colonial reality as well as postcolonial developments, which have evolved due to domestic characteristics or as a consequence of a globalizing political economy.


Author : Hideko Magara
Bruno Amable
Publisher : Routledge
Release : 2017-07-14
Page : 254
Category : Political Science
ISBN 13 : 1315408406
Description :


Since the global financial crisis of 2008, advanced economies have been making various efforts to overcome the economic impasse. While the contrast between the countries that have escaped from the crisis relatively quickly and those still suffering from serious problems is becoming clearer, a new economic crisis stemming from newly emerging economies has again impacted advanced economies. In retrospect, both leftist and rightist governments in advanced economies pursued expansive macroeconomic and welfare policies from the post-WWII period to the oil shocks of the 1970s. While we recognise that the particular policy regime in this ‘Golden Decades’ during which the left and the right implemented similar policies cross-nationally, were characterised by outstanding economic growth in each country, the specific growth patterns varied across countries. Different social coalitions underpinned different growth models. This book is premised on tentative conclusions that Magara and her research collaborators have reached as a result of three years of study related to our previous project on economic crises and policy regimes. Recognising the need to analyse fluid and unstable situations, we have set up a new research design in which we emphasise political variables—whether political leaders and citizens can overcome the various weaknesses inherent in democracy and escape from an economic crisis by establishing an effective social coalition. A new policy regime can be stable only if it is supported by a sufficiently large coalition of social groups whose most important policy demands are satisfied within the new policy regime.


Author : Randall G. Holcombe
Publisher : Cambridge University Press
Release : 2018-07-19
Page : 290
Category : Business & Economics
ISBN 13 : 1108471773
Description :


Explains why government policies favor elites over the masses, building on well-established theories from the social sciences.


Author : Hideko Magara
Publisher : Edward Elgar Publishing
Release : 2014-03-28
Page : 448
Category : Business & Economics
ISBN 13 : 1782549927
Description :


In this innovative book, Hideko Magara brings together an expert team to explore both the possibilities and difficulties of transitioning from a neoliberal policy regime to an alternative regime through drastic policy innovations. The authors argue tha


Author : Lawrence M. Salinger
Publisher : SAGE Publications
Release : 2013-06-14
Page : 1224
Category : Business & Economics
ISBN 13 : 1452276161
Description :


Since the first edition of the Encyclopedia of White Collar and Corporate Crime was produced in 2004, the number and severity of these crimes have risen to the level of calamity, so much so that many experts attribute the near-Depression of 2008 to white-collar malfeasance, namely crimes of greed and excess by bankers and financial institutions. Whether the perpetrators were prosecuted or not, white-collar and corporate crime came near to collapsing the U.S. economy. In the 7 years since the first edition was produced we have also seen the largest Ponzi scheme in history (Maddoff), an ecological disaster caused by British Petroleum and its subcontractors (Gulf Oil Spill), and U.S. Defense Department contractors operating like vigilantes in Iraq (Blackwater). White-collar criminals have been busy, and the Second Edition of this encyclopedia captures what has been going on in the news and behind the scenes with new articles and updates to past articles.


Author : Randall G. Holcombe
Publisher : Springer Nature
Release : 2020-07-23
Page : 328
Category : Political Science
ISBN 13 : 3030486672
Description :


There are two ways people coordinate their actions: through cooperation, exercised by economic power, and through control, exercised by political power. When economic and political power are held by the same people, the result is stagnation; when those who hold economic power are not the same people who hold political power, the result is progress. This book presents the ways in which economic power and political power can be separated, and how they can remain so, by analyzing the nature of power and the differences between economic and political power. The book then discusses the history of economic and political power, including hunter-gatherer societies, agrarian societies, and modern commercial and industrial societies. This background lends insight into why political and economic power were typically held by the same people, and why recently those without political power have been able to acquire economic power. Incentives play a key role in understanding how those two types of power can become separated, and why there is always a tendency for them to recombine. But ideas also play a crucial role, including the influence of the Enlightenment, on the progress that has occurred in the last several hundred years.


Author : Gemma Scalise
Publisher : Springer Nature
Release :
Page :
Category :
ISBN 13 : 3030557502
Description :



Author : Adam Przeworski
Publisher : Cambridge University Press
Release : 2010-06-07
Page :
Category : Political Science
ISBN 13 : 113948897X
Description :


The political institutions under which we live today evolved from a revolutionary idea that shook the world in the second part of the eighteenth century: that a people should govern itself. Yet if we judge contemporary democracies by the ideals of self-government, equality and liberty, we find that democracy is not what it was dreamt to be. This book addresses central issues in democratic theory by analyzing the sources of widespread dissatisfaction with democracies around the world. With attention throughout to historical and cross-national variations, the focus is on the generic limits of democracy in promoting equality, effective participation, control of governments by citizens, and liberty. The conclusion is that although some of this dissatisfaction has good reasons, some is based on an erroneous understanding of how democracy functions. Hence, although the analysis identifies the limits of democracy, it also points to directions for feasible reforms.


Author : James Stent
Publisher : Oxford University Press
Release : 2016-12-01
Page : 304
Category :
ISBN 13 : 0190497033
Description :


In this timely and provocative book, James Stent, a banker with decades of experience in Asian banking and fluency in Chinese language, explains how Chinese banks work, analyzes their strengths and weaknesses, and sets forth the challenges they face in a slowing economy. Without minimizing the real issues Chinese banks face, China's Banking Transformation challenges negative media accounts and reports of "China bears". Based on his 13 years of service on the boards of China Minsheng Bank, a privately owned listed bank, and China Everbright Bank, a state-controlled listed bank, the author brings the informed view of an insider to the reality of Chinese banking. China's Banking Transformation demonstrates that Chinese banks have transformed into modern, well-run commercial banks, playing a vital role supporting China's extraordinary economic growth. Acknowledging that China's banks are different from Western banks, the author explains that they are hybrid banks, borrowing extensively from Western models, but at the same time operating within a traditional Chinese cultural framework and in line with China's governance model. From his personal experience working at board level, Stent describes the governance and management of China's banks, including the role of the Communist Party. He sees China's banks as embedded in ancient concepts of how government and society work in China, and also as actors within a market socialist political economy. The Chinese banking system today bears similarities with banking in Northeast Asian "developmental states" of recent past, and also pre-1949 Chinese banking. As the first account of Chinese banking by a Westerner who has worked in China's banks, China's Banking Transformation should be read by anyone interested in the political economy of contemporary China, in Asian development issues, and in banking issues generally. The book dispels misconceptions and provides insight into the financial aspects of China's economic growth story.


Author : Theo van de Klundert
Publisher : Edward Elgar Publishing
Release : 2013
Page : 240
Category : Business & Economics
ISBN 13 : 1781956162
Description :


ÔThis is a well-structured book on a complex question that has been relevant for centuries leading up to the actual crisis in the EU and the international financial markets. The book offers a rich picture of empirics, and discusses, explains and criticizes a number of classical theories in the field (Marx, Schumpeter, Polanyi), as well as modern theories (Greif, North et al., Acemoglu, Perez and others). The familiar topics of property rights, technological development and long waves are presented in an illuminating way, whereas a number of new topics including open and limited access societies, hyper globalization, and the European Union are viewed in a broad perspective of Òpolitical economyÓ and Òinstitutional economicsÓ. The limitations of neoclassical economics are well presented as are the benefits (and costs) of political economy.Õ Ð John Groenewegen, Delft University of Technology, the Netherlands ÔThis book is a very coherent and up-to-date work. It presents a clear and sophisticated view on the role of economic institutions and aspects of political economy in the process of modern economic growth. The author demonstrates significant originality in combining insights from different sub-fields to successfully understand economic growth and the distribution of income in the economy. It will be a rich source of ideas for anyone interested in how the modern world, and various countries and regions in particular, attained high levels of economic welfare.Õ Ð Sjak Smulders, Tilburg University, the Netherlands Capitalism is driven by technological revolutions, leading to alternating periods of regulation and deregulation in leading economies. Technologically backward countries face a different situation as they have to catch up with the leaders. Against this backdrop, Theo van de Klundert examines the relationship between capitalism and democracy, combining economic theory and historical description to analyse long-run economic development. Emphasis is placed on the interrelation between economic and political power, and a robust state-of-the-art overview of todayÕs political economy is presented. The author addresses two fundamental questions raised in the analysis of the relationship between capitalism and democracy. Firstly, he explores why capitalism in leading economies is characterized by alternating periods of regulation and deregulation, and secondly, whether developing countries can opt for different types of capitalism once the potential for catching up with developed countries has expired. The consequences of a shift in the balance of power in the global economy are also considered in detail. Broad in scope and employing various methodological approaches, this book will prove a fascinating read for academics, students and researchers in the fields of economics and heterodox economics.