The diversity of modern capitalism / / Bruno Amable

• Record Nr.: UNINA9910808331803321
• Autore: Amable Bruno
• Pubbl/distr/stampa: Oxford ; ; New York, : Oxford University Press, 2003
• ISBN: 0-19-926114-8; 9786611925260; 1-281-92526-8; 0-19-153205-3
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (328 p.)
• Disciplina: 330.12/2
• Soggetti: Capitalism
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references (p. [290]-302) and index.
• Nota di contenuto: Contents; List of Figures; List of Tables; List of Abbreviations; 1 Introduction; 1.1 The Institutional Diversity of Capitalism; 1.2 Institutional Complementarity; 1.3 Institutions and Politics; 1.4 Five Different Models of Capitalism; 1.5 An Empirical Investigation of the Diversity of Capitalism; 1.6 Institutional Change and Political Strategies in Europe; 2 Institutions, Complementarity, and Hierarchy; 2.1 Institutions and Economics; 2.1.1 Why Institutions Matter; 2.1.2 Elementsof a Theory of Institutions; 2.1.3 Institutions and Conflict of Interest; 2.1.4 Institutions as a Political-Economy Equilibrium 2.2 Institutional Complementarity; 2.2.1 Interaction; 2.2.2 Complementarity; 2.3 Institutional Hierarchy; 3 A Comparative Analysis of Capitalism; 3.1 Historical and International Differentiation of Capitalism; 3.2 Methodological Questions; 3.3 Social Systems of Innovation and Production; 3.4 Diversity of Capitalism; 3.4.1 Elements of Differentiation Among Models; Possible Institutional Complementaries; 3.4.2 Five Types of Capitalism; 4 Institutional Diversity: An Analysis of Five Domains; 4.1 Product Markets; 4.2 The Wage-Labour Nexus; 4.2.1 Employment Protection 4.2.2 Industrial Relations; 4.2.3 Employment Policy; 4.3 Financial Systems; 4.4 Social Protection; 4.5 Education; 4.6 Conclusion; 5 The Diversity of Economic Models; 5.1 The ; Five Models of Capitalism; 5.2 Diversity of Capitalism and Political Equilibria; 5.2.1 Partisan Politics; 5.2.2 Political Systems; 5.3 Comparative Institutional Advantage?; 5.3.1 An Analysis of Science/Technology/Industry Specialization; 5.3.2 The New Economy; 5.4 Economic Performance; 6 Whither Continental European Capitalism?; 6.1 The European Context; 6.2 The Third Way and the Continental European Model 6.2.1 A Crash Course on the Third Way; 6.2.2 The Economics and Economic Policy of the Third Way; 6.2.3 A Battle of Systems?; 6.3 The Continental European Welfare-Labour Nexus; 6.3.1 A Limited Welfare State Retrenchment; 6.3.2 New Bargaining Patterns; 6.3.3 No European Level Wage Bargaining; 6.4 The Financial Sector; 6.5 Conclusion; Appendix: The Methodology behind the Statistical Analysis in Chapter 4; References; Index
• Sommario/riassunto: This book proposes a comparative analysis of modern capitalism. It identifies five different types of modern economies: the market-based economies, Asian capitalism, the Continental European model, the social democratic economies, and the Mediterranean model. It presents their main institutional characteristics and relates the different models their political and economic dynamics. The book also assesses the likely future of the Continental European model, making a significant contribution to the 'varieties of capitalism' debate.