How do capitalist institutions vary across countries and regions? How is capitalist diversity related to political and social factors like inequality, representation, and political systems? How do capitalist institutions shape economic outcomes?
Comparative Capitalism takes a global approach to capitalist diversity. It considers not only liberal and coordinated market economies in the Global North, but also other varieties, such as networked, hierarchical, dependent and statist market economies in other parts of the world. It examines new models, such as growth regimes and growth models, and key trends such as the growing significance of finance and the rise of populism in the 21st century. Case studies are drawn from both the Global North and South, including East Central Europe, East Asia, Latin America, and the BRICS economies to highlight both domestic institutions and the role of economic integration on a global scale.
Including tables and overviews of key features of each model, Comparative Capitalism is essential reading for students of international and comparative political economy, international development, and business–government relations.