What is the economic order of state capitalism? Furthermore,how can
its significant performance differences be explained? The
firstquestion is tackled with the help of New Institutional
Economics by developinga model of state capitalism. This topic is
furthermore dealt with in Chapter 3 wherea taxonomy of state
capitalism is presented. This chapter already explains someof the
performance differences. In the last chapter with the help
ofsemi-structured interviews and literature surveys - in four case
studies -propositions are forwarded as to why state capitalist
orders vary so widely intheir performances. Two points stick out:
the quality of the bureaucracy aswell as a varying degree of
commitment of the political leadership to adevelopmental course.
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