Varieties of Capitalism: The Institutional Foundations of Comparative Advantage

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Peter A. Hall, David W. Soskice
Oxford University Press, 2001 - Business & Economics - 540 pages
'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, CologneWhat are the most important differences among national economies? Is globalization forcing nations to converge on an Anglo-American model? What explains national differences in social and economic policy? This pathbreaking work outlines a new approach to these questions. It highlights the role of business in national economies and shows that there is more than one path to economic success. The book sets a new intellectual agenda for everyone interested in relations between politics, economics, and business.
 

Contents

1 An Introduction to Varieties of Capitalism
1
General Themes and Diverse Applications
69
Case Studies in Public Policy Continuity and Change
245
Corporate Governance Firm Strategy and the Law
335

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