Varieties of Capitalism: The Institutional Foundations of Comparative Advantage
Philip K. Porter, Peter A. Hall, David Soskice
Abstract
Philip K. Porter, Peter A. Hall, David Soskice
Abstract
What are the most important differences among national economies? Is globalization forcing nations to converge on an Anglo-American model? What explains national differences in social and economic policy? This pathbreaking work outlines a new approach to these questions. It highlights the role of business in national economies and shows that there is more than one path to economic success.
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What are the most important differences among national economies? Is globalization forcing nations to converge on an Anglo-American model? What explains national differences in social and economic policy? This pathbreaking work outlines a new approach to these questions. It highlights the role of business in national economies and shows that there is more than one path to economic success.
Key concepts: Capitalism, Forcing (mathematics), Globalization, Work (physics), Economics, Economic system, Economic globalization, Neoclassical economics