The Diversity of Emerging Capitalisms in Developing Countries: Globalization, Institutional Convergence and Experimentation - Hardcover

Hardcover

ISBN 10: 3319499467 ISBN 13: 9783319499468

Publisher: Palgrave Macmillan, 2017

Synopsis

This book presents the results of a collective and original empirical investigation of the institutional systems underlying the capitalisms that are coming to the fore in developing nations. While varieties of industrialized countries’ capitalisms are extensively scrutinized, those of developing countries’ capitalisms are far less documented. By implementing a unified and original comparative approach based on the institutional complementarity theory, the different contributors of the book find evidence for the originality and heterogeneity of the forms of capitalism to be observed in developing countries. This text analyses capitalist systems as clusters of sectoral institutions and regulations, identifying differences between these clusters in a large sample of emerging and developing countries. Rougier and Combarnous bring together contributions answering the following questions: What are these clusters of institutions underlying emerging capitalisms? Are there common or specific patterns of institutional clustering across countries and what are the main characteristics of the varieties of capitalism they shape? What are their main long-term determinants? Are there specific patterns of economic outcome associated with these clusters? Can different forms of institutional complementarity be observed? How can we analyse institutional reform from this perspective?

About this title

About the Author

Eric Rougier is Associate Professor in Economics at the University of Bordeaux, and a researcher at the GREThA, CNRS Research Unit, France. He works in the field of development economics with special focus on institutions, economic reforms and globalization. He has published various papers and chapters dealing with institutions, economic growth and distributional issues in middle-income emerging countries in general, and in Middle-East and North African economies in particular.

François Combarnous is Associate Professor in Development Economics at the University of Bordeaux, and a researcher at the GREThA, CNRS Research Unit, France. His research focuses on labour markets, entrepreneurship and social networks issues. He has published several papers and book chapters dealing with such issues as African economies or Brazil. He has also worked with Eric Rougier on structural reforms in developing countries, developing a methodology to measure the extent of reform implementation.

From the Back Cover

This book presents the results of a collective and original empirical investigation of the institutional systems underlying the capitalisms that are coming to the fore in developing nations. While varieties of industrialized countries’ capitalisms are extensively scrutinized, those of developing countries’ capitalisms are far less documented. By implementing a unified and original comparative approach based on the institutional complementarity theory, the different contributions of the book find evidence for the originality and extreme heterogeneity of the forms of capitalism to be observed in developing countries.  This text analyses capitalist systems as clusters of sectoral institutions and regulations, identifying differences in emerging and developing countries.

Rougier and Combarnous bring together contributors to answer the following questions: What are these clusters of institutions underlying emerging capitalisms? How can we identify and then study them empirically? Are there common patterns of institutional clustering across countries? If so, what are their main long-term determinants? Are there specific patterns of economic outcome associated with these clusters? Can different forms of institutional complementarity be observed? How can we analyse institutional reform from this perspective?

Edition details

• Publisher: Palgrave Macmillan
• Publication date: 2017
• Language: English
• ISBN 10: 3319499467
• ISBN 13: 9783319499468
• Binding: Hardcover
• Edition number: 1
• Number of pages: 479
• Editor: Rougier Eric, Combarnous François