Comparative Capitalism: A Global Perspective

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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.

Reviews

This book is essential course material for students in comparative politics and comparative political economy. It covers a global perspective on the varieties of national economic models, their institutional foundations and the key challenges they face. * Anke Hassel, Hertie School, Germany *
This is an excellent and timely survey of a field at last moving beyond advanced industrial economies to systematically compare the ways post-Communist and emerging markets function. It offers a clear and concise overview of the key debates and theoretical positions, introducing them without jargon and as needed through the case study chapters. * Alistair Q. Howard, Temple University, USA *
Feldmans book is a masterful attempt to extend Hall and Soskices Varieties of Capitalism to political economies around the globe. It is highly recommended to all comparative political economy scholars. * John D Stephens, University of North Carolina, USA *

Author Bio

Magnus Feldmann is Associate Professor in Politics, School of Sociology, Politics and International Studies, University of Bristol, UK.