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Books > Business & Economics > Economics > Economic systems
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Changing Models of Capitalism in Europe and the U.S. (Paperback)
Loot Price: R1,283
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Changing Models of Capitalism in Europe and the U.S. (Paperback)
Series: Journal of European Public Policy Series
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The volume analyzes the long-term trajectories of change in the
capitalist models of the UK, Germany, Sweden, France, Italy,
Hungary, Slovakia, and the United States. The case studies identify
critical junctures and key periods of change in order to show how
institutions are shaped by different sets of socio-political
compromises and public policy. The case studies follow a common
methodology, comparing change and linkages across six core
institutional domains, thus facilitating a comparative
understanding of the patterns and drivers of institutional change,
as well as how liberalisation impacts countries in similar and
dissimilar ways. The historical perspective of the cases highlights
the transformative effects of relatively slow and incremental
changes. These case studies also make an innovative contribution to
examining the linkages between four levels of institutions that
regulate the economy - the international, macro (national), meso,
and micro. The volume reveals both a common trend toward more
liberal forms of capitalism but also variations on this overarching
trajectory. Markets themselves create their own dynamics, which
have varied effects on firms and other economic actors in
historically diverse institutional contexts. This book was
originally published as a special issue of the Journal of European
Public Policy.
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