Varieties of Capitalism in History, Transition and Emergence: New Perspectives on Institutional Development...

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Martha Prevezer

Varieties of Capitalism in History, Transition and Emergence

New Perspectives on Institutional Development

Martha Prevezer

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English

Routledge
12 December 2019

International economics; Development economics; Economic history; International business

Series: Routledge Studies in the Modern World Economy

Economics tends to teach that developed countries have good institutions while developing countries do not, and that this is the factor that constrains the latter's growth. However, the picture is far messier than this explanation suggests.

Building on the varieties of capitalism framework, this book brings together the tools of institutional economics with historical analyses of institutional evolution of different kinds of property rights and legal systems, protected by different kinds of state, giving rise to distinct corporate governance structures. It constructs institutional development histories across leading liberal capitalisms in Britain and the United States, compared with continental capitalisms in France and Germany, and contemporary transitional capitalisms in China and Tanzania. This volume is innovative in combining both historical and economic insights, and in combining developed country with developing country institutional emergence, dispelling the prevailing sense of complacency about the inevitability of the path of institutional development for the developed areas of the world and the paths that developing countries are likely to follow.

This volume will be of great importance to those who study international economics, development economics and international business.

By: Martha Prevezer
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 453g
ISBN: 9780367869106
ISBN 10: 0367869101
Series: Routledge Studies in the Modern World Economy
Pages: 282
Publication Date: 12 December 2019
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

Martha Prevezer is Senior Lecturer at the School of Business and Management, Queen Mary University of London, UK. She has worked in various policy arenas, at the Bank of England, the National Economic Development Office (NEDO) and London Business School.