This work represents the French Regulation School approach to the
study of economics. Regulationists focus on the long-term evolution
of capitalist economies with a strong emphasis on cross-country
comparisons. Their theory centers on the notion of "accumulation
regimes", a concept that analyzes long-wave growth patterns and how
those patterns were shaped by five key regulatory mechanisms: 1)
forms of competition; 2) the socio-technical system covering all
aspects of the capital-labor relation; 3) money; 4) forms of state
intervention; and 5) arrangements regulating international economic
relations. Methodologically, their approach is very flexible and
innovative, ranging from econometric models to interdisciplinary
studies.
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