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Varieties of Capitalism in History, Transition and Emergence

Martha Prevezer
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Author_Martha Prevezer
capitalism
Category=KC
Category=KCL
Category=KCM
Category=KCZ
Category=KJ
Category=KJK
CEIs
Central Government
Civil Code Legal Systems
Civil Society
Comparative Corporate Governance
comparative institutional development models
Constitutionally Limited Government
corporate governance systems
Dispersed Shareholding
economic history analysis
emergence
emerging markets
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eq_nobargain
eq_non-fiction
Fiscal Capacity
Formal Private Property Rights
Founding Family Ownership
Good Contract Enforcement
history of capitalisms
Individual Private Property Rights
institutional development
institutional economics
institutional theory
LAOs
legal frameworks development
Marketing Boards
OAOs
Primary Societies
Private Order Institutions
Private Public Boundary
property rights evolution
Secondary Unions
Shareholder Capitalism
State Fiscal Capacity
Tradable Property Rights
transition
transitional economies research
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Product details

  • ISBN 9780367869106
  • Weight: 453g
  • Dimensions: 156 x 234mm
  • Publication Date: 12 Dec 2019
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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Description

Economics tends to teach that developed countries have good institutions while developing countries do not, and that this is the factor that constrains the latter's growth. However, the picture is far messier than this explanation suggests.

Building on the varieties of capitalism framework, this book brings together the tools of institutional economics with historical analyses of institutional evolution of different kinds of property rights and legal systems, protected by different kinds of state, giving rise to distinct corporate governance structures. It constructs institutional development histories across leading liberal capitalisms in Britain and the United States, compared with continental capitalisms in France and Germany, and contemporary transitional capitalisms in China and Tanzania. This volume is innovative in combining both historical and economic insights, and in combining developed country with developing country institutional emergence, dispelling the prevailing sense of complacency about the inevitability of the path of institutional development for the developed areas of the world and the paths that developing countries are likely to follow.

This volume will be of great importance to those who study international economics, development economics and international business.
About Martha Prevezer
Martha Prevezer is Senior Lecturer at the School of Business and Management, Queen Mary University of London, UK. She has worked in various policy arenas, at the Bank of England, the National Economic Development Office (NEDO) and London Business School.

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