The Diversity Of Modern Capitalism

  title={The Diversity Of Modern Capitalism},
  author={Bruno Amable},
This book considers why institutional forms of modern capitalist economies differ internationally, and proposes a typology of capitalism based on the theory of institutional complementarity. Different economic models are not simply characterized by different institutional forms, but also by particular patterns of interaction between complementary institutions which are the core characteristics of these models. Institutions are not just simply devices which would be chosen by 'social engineers… 

Varieties of Capitalism

Scholarship on varieties of capitalism (VofC) explores the ways in which the institutions structuring the political economy affect patterns of economic performance or policy making and the

How Many Varieties of Capitalism? Comparing the Comparative Institutional Analyses of Capitalist Diversity

This essay reviews the development of approaches within the comparative capitalisms (CC) literature and points to three theoretical innovations which, taken together, define and distinguish these

Enlarging the Varieties of Capitalism: The Emergence of Dependent Market Economies in East Central Europe

This article enlarges the existing literature on the varieties of capitalism by identifying a third basic variety that does not resemble the liberal market economy or coordinated market economy

Institutional change in varieties of capitalism

Contemporary approaches to varieties to capitalism are often criticized for neglecting issues of institutional change. This paper develops an approach to institutional change more extended than the

A variety of capitalism … with Chinese characteristics?

The ‘varieties of capitalism’ framework represents an influential methodological innovation in the field of comparative political economy. It seeks to account for enduring spatial variations in

Models of capitalism

Shonfield’s work, 2 which examined the role of various institutions surrounding the economy – various branches of the state, banks, stock exchanges – in a number of Western European countries, the

Varieties and Commonalities of Capitalism

This chapter critically examines the analytical foundations and some of the empirical claims of the Varieties-of-Capitalism (VoC) School of comparative political economy. Virtually, the entire field

Varieties and Commonalities of Capitalism

The paper reviews the origins of the comparative study of capitalism and of the diverse approaches applied to it in contemporary political economy. It distinguishes four models accounting for

Varieties of Change in German Capitalism: Transforming the Rules of Corporate Control

Whether distinct national ‘varieties of capitalism’ will survive in an increasingly globalising economy has become one of the most hotly debated issues in comparative political economy since the

China's Capitalism

Th e paper combines a broad theoretical framework of comparable capitalism with the insights from new economic sociology and new institutional economics to understand and assess mechanisms of China’s



Varieties of Capitalism

Scholarship on varieties of capitalism (VofC) explores the ways in which the institutions structuring the political economy affect patterns of economic performance or policy making and the

Institutional complementarity and diversity of social systems of innovation and production

This article proposes an institutional analysis of modern capitalist economies. It argues that the institutional dimension is crucial if one wants to account for the coexistence of different types of

The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting

This study is based on the belief that economic organization is shaped by transaction cost economizing decisions. It sets out the basic principles of transaction cost economics, applies the basic

From managed to market capitalism? German finance in transition

Deregulation, technological change, and the integration of markets increase the competitive pressures on forms of national and sectoral governance. The heart of the issue is whether the continental,

Institutions, Institutional Change and Economic Performance

Examines the role that institutions, defined as the humanly devised constraints that shape human interaction, play in economic performance and how those institutions change and how a model of dynamic

The Making of a Polity: The Struggle Over European Integration

The reorganization of European political economy since the mid 1980s has had to come to terms with two of the most fundamental issues of political life: the structuration of political authority and

Political Science and the Three New Institutionalisms

The ‘new institutionalism’ is a term that now appears with growing frequency in political science. However, there is considerable confusion about just what the ‘new institutionalism’ is, how it

The origins and development of the Northeast Asian political economy: industrial sectors, product cycles, and political consequences

Theories of the product cycle, hegemony, and the world system are used to analyze the creation and development of the Northeast Asian political economy in this century. Japan, South Korea, and Taiwan

The Futures of European Capitalism

  • C. Crouch
  • Economics, History
    Government and Opposition
  • 2004
opment, which includes social capital as one of its explanatory factors. In the absence of this analysis, we do not know if social capital is really driving political development or some other

Patterns of democracy : government forms and performance in thirty-six countries

In this updated and expanded edition of his classic text, Arend Lijphart offers a broader and deeper analysis of worldwide democratic institutions than ever before. Examining thirty-six democracies