Comparative Capitalism

What institutions and mechanisms of governance impact economic outcomes? Which models of capitalism can be studied from a global perspective? How does a Varieties of Capitalism framework apply outside of a Western context?The debate surrounding Varieties of Capitalism has been limited by its excessive focus on Western Europe and North America. Comparative Capitalism takes a global view to understanding capitalist diversity, considering not only Western-centric liberal and coordinated market economies but also networked, hierarchical and new market models. The book accounts for the significance of state structures, natural resources, and global integration; it includes a range of case studies from across the post-communist states, East Asia, Latin America, and the Middle East. How is capitalist diversity related to political and social factors like inequality, representation, and political systems? Offering tables, figures, and overviews of key features of each economy, this book is essential reading for students of international and comparative political economy and international development.