Description
Book SynopsisWhat 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 ex
Trade Review... this volume and its associated literature, will become the paradigm of explanation for the next decade. * West European Politics *
Contains some first-rate analysis. * British Journal of International Relations. *
This volume offers a new approach to understanding the institutional differences and similarities among the developed economies. * Progress in Human Geography *
A milestone in the development of the subdiscipline of comparative political economy ... There is no doubt that Varieties of Capitalism will prove to be a landmark text. It is a very important collection, of value to all students in the field. * American Political Science Review *
In a collection of consistently high-quality pieces, there are particularly valuable comparative chapters on industrial relations, training systems, and corporate governance. * American Political Science Review *
Written for the informed, non-specialist observer ... a useful and wide-ranging book. * Financial Adviser *
This is an academic book in the sense that it draws on recent advances in economic and political theory - non-economists may find some chapters hard going - but it is also firmly based on an analysis of how companies really behave ... an important and carefully argued book. * Sir Geoffrey Owen, Financial Times *
Quoted as one of the six books to change the world. * New Statesman *
It is a useful and wide-ranging book. * John Sloan, Financial Adviser Careers Extra *
This book has been well worth waiting for. It demonstrates the wealth of insights that could be achieved through Soskice's innovative research program that began to change the agenda of Comparative POlitical Economy more than a decade ago. The volume combines a definitive restatement of the varieties of capitalism approach with illuminative applications to the range of research areas covered by it with some fascinating theoretical extensions. Excellent! * Professor F.W. Scharpf, Max Planck Institute for the Study of Societies, Cologne *
Table of ContentsPART I: GENERAL THEMES AND DIVERSE APPLICATIONS; PART II: CASE-STUDIES IN PUBLIC POLICY, CONTINUITY, AND CHANGE; PART III: CORPORATE GOVERNANCE, FIRM STRATEGY, AND THE LAW
