Endogenous Institutional Change and Dynamic Capitalism

Endogenous Institutional Change and Capitalism in China

توسعه بومی، تغییری ضروری و بنیادین

Assorted ways and means may lead to development, depending on the various intellectual and philosophical principles of the concerned economic schools regarding definition of development concepts, goals and criteria. This article tries to express the meaning of economic development and endogenous development. In the mean time, it explains the essential and fundamental role of endogenous developm...

Comparative Capitalism without Capitalism, and Production without Workers: The Limits and Possibilities of Contemporary Institutional Analysis

The aim of this paper is to consider the extent to which the comparative capitalism literature fully reflects the available empirical evidence in its attempts to model different versions of capitalism, and in particular whether it adequately captures the roles of diverse stakeholders within the capitalist system. In doing so, particular attention is accorded to the varieties of capitalism liter...

Transitional Institutions, Institutional Complementarities and Economic Performance in China A ‘Varieties of Capitalism’ Approach

The paper focuses on institutional change and institution building as integral parts of economic transition in China. China’s success, particularly compared with other advanced transition economies, implies a puzzling observation: China did not apply theoretically-derived policy recommendations. Instead, authorities followed a gradual, pragmatic approach to reform, decentralize, and transform t...

Varieties of Capitalism

Scholarship on varieties of capitalism (VofC) explores the ways in which the institutions structuring the political economy affect patterns of economic performance or policy making and the distribution of well-being. Contesting the claim that there is one best route to superior economic performance, a number of schemas have been proposed to explain why countries have often been able to secure s...