From comparing capitalisms to the politics of institutional change

Review of International Political Economy

Volumn 15, Issue 4, 2008, Pages 680-709

  Jackson, Gregory ^a   Deeg, Richard ^b  

^a UNIVERSITY OF BATH   (United Kingdom)

^b TEMPLE UNIVERSITY   (United States)

Author keywords

Business and society; Comparative advantage; Comparative capitalism; Institutional change; Path dependence; Policy coalitions

Indexed keywords

EID: 54949150666     PISSN: 09692290     EISSN: 14664526     Source Type: Journal    
DOI: 10.1080/09692290802260704     Document Type: Review

References (111)

1. Abdelal, R. (2007) Capital Rules: The Construction of Global Finance, Cambridge, MA: Harvard University Press.
2. Aguilera, R. V. and Jackson, G. (2003) 'The Cross-national Diversity of Corporate Governance: Dimensions and Determinants', Academy of Management Review, 28: 447-65.
3. Albert, M. (1993) Capitalism vs. Capitalism: How America's Obsession with Individual Achievement and Short-Term Profit has Led it to the Brink of Collapse, New York: Four Walls Eight Windows.
4. Allen, M. (2004) 'The Varieties of Capitalism Paradigm: Not Enough Variety?', Socio-Economic Review, 2: 87-108.
5. Amable, B. (2003) The Diversity of Modern Capitalism, Oxford: Oxford University Press.
6. Aoki, M. (2001) Toward a Comparative Institutional Analysis, Cambridge, MA: MIT Press.
7. Aoki, M. and Jackson, G. (2008) 'Understanding an Emergent Diversity of Corporate Governance and Organizational Architecture: An Essentiality-Based Analysis', Industrial and Corporate Change, 17: 1-27.
8. Barney, J. (2001) 'Is the Resource-Based View, a Useful Perspective for Strategic Management Research? Yes', Academy of Management Review, 26: 41-56.
9. Biggart, N. W. (1991) 'Explaining Asian Economic Organization. Toward a Weberian Institutional Perspective', Theory and Society, 20: 199-232.
10. Blyth, M. (2003) 'Same as it Never Was: Temporality and Typology in the Varieties of Capitalism', Comparative European Politics, 1: 215-25.
11. Boyer, R. (ed.) (1988) The Search for Labour Market Flexibility. The European Economies in Transition, Oxford: Clarendon Press.
12. Boyer, R. (2004) 'New Growth Regimes, but Still Institutional Diversity', Socio-Economic Review, 2: 1-32.
13. Callaghan, H. and Höpner, M. (2005) 'European Integration and the Clash of Capitalisms. Political Cleavages over Takeover Liberalization', Comparative European Politics, 3: 307-32.
14. Campbell, J. L. (2004) Institutional Change and Globalization, Princeton: Princeton University Press.
15. Campbell, J. L. and Pedersen, O. K. (2007) 'The Varieties of Capitalism and Hybrid Success: Denmark in the Global Economy', Comparative Political Studies, 40: 307-32.
16. Chandler, A. D. (1990) Scale and Scope. The Dynamics of Industrial Capitalism, Cambridge, MA: Harvard University Press.
17. Cioffi, J. W. and Höpner, M. (2006) 'The Political Paradox of Finance Capitalism: Interests, Preferences, and Center-Left Party Politics in Corporate Governance Reform', Politics and Society, 34: 463-502.
18. Crouch, C. (1993) Industrial Relations and European State Traditions, Oxford: Clarendon Press.
19. Crouch, C. (2005) Capitalist Diversity and Change. Recombinant Governance and Institutional Entrepreneurs, Oxford: Oxford University Press.
20. Crouch, C. and Streeck, W. (1997) Political Economy of Modern Capitalism: Mapping Convergence and Diversity, London and Thousand Oaks, CA: Sage.
21. Crouch, C., Streeck, W., Boyer, R., Amable, B., Hall, P. A. and Jackson, G. (2005) 'Dialogue on "Institutional Complementarity and Political Economy"', Socio-Economic Review, 2: 359-82.
22. Culpepper, P. (2007) 'Eppure, non si muovo: Legal Change, Institutional Stability and Italian Corporate Governance', West European Politics, 30: 784-802.
23. David, P. (1985) 'Clio and the Economics of QWERTY', American Economic Review, 75: 332-7.
24. Deeg, R. (2005) 'The Comeback of Modell Deutschland? The New German Political Economy in the EU', German Politics, 14: 332-53.
25. Deeg, R. (2007) 'Institutional Complementarity and Change in Capitalist Systems', Journal of European Public Policy, 14: 612-23.
26. Deeg, R. and Jackson, G. (2007) 'Towards a More Dynamic Theory of Capitalist Variety', Socio-Economic Review, 5: 149-80.
27. Djelic, M.-L. (1998) The Post-War Transformation of European Business, Oxford: Oxford University Press.
28. Djelic, M.-L. and Sahlin-Andersson, K. (eds) (2006) Transnational Governance: Institutional Dynamics of Regulation, Cambridge: Cambridge University Press.
29. Dore, R. (1973) British Factory, Japanese Factory. The Origins of National Diversity in Industrial Relations, Berkeley, CA: University of California Press.
30. Dore, R. (2000) Stock Market Capitalism: Welfare Capitalism: Japan and Germany versus the Anglo-Saxons, Oxford and New York: Oxford University Press.
31. Ebbinghaus, B. and Manow, P. (eds) (2001) Comparing Welfare Capitalism.Social Policy and Political Economy in Europe,Japan and the USA, London: Routledge.
32. Evans, P. B. (1995) Embedded Autonomy: States and Industrial Transformation, Princeton: Princeton University Press.
33. Ferner, A., Almond, P. and Colling, T. (2004) 'Institutional Theory and the Cross-national Transfer of Employment Policy: The Case of "Workforce Diversity", in US Multinationals', Journal of International Business Studies, 36: 304-21.
34. Gilson, R. J. (2000) 'The Globalization of Corporate Governance: Convergence of Form or Function', Columbia Law School, Center for Law and Economic Studies, Working Papers, No 192.
35. Gourevitch, P. A. and Shinn, J. (2005) Political Power and Corporate Control: The New Global Politics of Corporate Governance, Princeton: Princeton University Press.
36. Granovetter, M. (1985) 'Economic Action and Social Structure: The Problem of Embeddedness', American Journal of Sociology, 91: 481.
37. Hall, P. A. (ed.) (1989) The Political Power of Economic Ideas: Keynesianism across Nations, Princeton: Princeton University Press.
38. Hall, P. A. (2007) 'The Evolution of Varieties of Capitalism in Europe', in B. Hancké, M. Rhodes and M. Thatcher (eds) Beyond Varieties of Capitalism: Contradictions,Complementarities & Change, Oxford: Oxford University Press.
39. Hall, P. A. and Gingerich, D. W. (2004) 'Varieties of Capitalism and Institutional Complementarities in the Macroeconomy: An Empirical Analysis', Max-Planck-Institut für Gesellschaftsforschung, Discussion Paper.
40. Hall, P. A. and Soskice, D. (2001) 'An Introduction to Varieties of Capitalism', in P. A. Hall and D. Soskice (eds) Varieties of Capitalism: The Institutional Foundations of Comparative Advantage, Oxford: Oxford University Press.
41. Hancké, B. (2002) Large Firms and Institutional Change: Industrial Renewal and Economic Restructuring in France, Oxford: Oxford University Press.
42. Hancké, B., Rhodes, M. and Thatcher, M. (eds) (2007) Beyond Varieties of Capitalism: Contradictions,Complementarities & Change, Oxford: Oxford University Press.
43. Heemskerk, E. M. and Schnyder, G. (2008) 'Small States, International Pressures, and Interlocking Directorates: The Cases of Switzerland and the Netherlands', European Management Review, 5: 41-54.
44. Herrigel, G. (1996) Industrial Constructions: The Sources of German Industrial Power, Cambridge: Cambridge University Press.
45. Hilferding, R. (1910) Das Finanzkapital: eine Studie über die jüngste Entwicklung des Kapitalismus, Vienna: I. Brand.
46. Hollingsworth, J. R. and Boyer, R. (1997) Contemporary Capitalism: The Embeddedness of Institutions, Cambridge and New York: Cambridge University Press.
47. Hollingsworth, J. R. and Streeck, W. (1994) 'Countries and Sectors. Concluding Remarks on Performance, Convergence, and Competitiveness', in J. R. Hollingsworth, P. C. Schmitter and W. Streeck (eds) Governing Capitalist Economies.Performance and Control of Economic Sectors, Oxford: Oxford University Press.
48. Hollingsworth, J. R., Schmitter, P. C. and Streeck, W. (1994) Governing Capitalist Economies, Oxford: Oxford University Press.
49. Höpner, M. (2003) Wer beherrscht die Unternehmen? Shareholder Value, Managerherrschaft und Mitbestimmung in großen deutschen Unternehmen, Frankfurt am Main: Campus.
50. Höpner, M. and Schäfer, A. (2007) 'A New Phase of European Integration: Organized Capitalisms in Post-Ricardian Europe', MPIfG Discussion Paper No 07/4.
51. Howell, C. (2003) 'Varieties of Capitalism: And Then There Was One?', Comparative Politics, 36: 103-24.
52. Howell, C. (2007) 'The British Variety of Capitalism: Institutional Change, Industrial Relations and British Politics', British Politics, 2: 239-63.
53. Iversen, T. (2005) Capitalism,Democracy,and Welfare, Cambridge: Cambridge University Press.
54. Iversen, T. and Soskice, D. (2006) 'Electoral Institutions and the Politics of Coalitions: Why Some Democracies Redistribute More than Others', American Political Science Review, 100: 165-81.
55. Jabko, N. (2006) Playing the Market: A Political Strategy for Uniting Europe,1985-2005, Ithaca: Cornell University Press.
56. Jackson, G. (2005a) 'Contested Boundaries: Ambiguity and Creativity in the Evolution of German Codetermination', in W. Streeck and K. Thelen (eds) Beyond Continuity: Explorations in the Dynamics of Advanced Political Economies, Oxford: Oxford University Press.
57. Jackson, G. (2005b) 'Stakeholders under Pressure: Corporate Governance and Labour Management in Germany and Japan', Corporate Governance: An International Review, 13: 419-28.
58. Jackson, G. and Deeg, R. (2008) 'Comparing Capitalisms: Understanding Institutional Diversity and Its Implications for International Business', Journal of International Business Studies, 39: 540-61.
59. Jacoby, S. M. (2004) The Embedded Corporation: Corporate Governance and Employment Relations in Japan and the United States, Princeton: Princeton University Press.
60. Johnson, C. (1982) MITI and the Japanese Miracle: The Growth of Industrial Policy,1925-1975, Stanford, CA: Stanford University Press.
61. Kenworthy, L. (2006) 'Institutional Coherence and Macroeconomic Performance', Socio-Economic Review, 4: 69-91.
62. Khanna, T., Palepu, K. and Sinha, J. (2005) 'Strategies that Fit Emerging Markets', Harvard Business Review, 83: 63-76.
63. Kitschelt, H. (1991) 'Industrial Governance Structures, Innovation Strategies, and the Case of Japan: Sectoral or Cross-National Comparative Analysis?', International Organization, 45: 453-93.
64. Knoke, D., Pappi, F. U., Broadbent, J. and Tsujinaka, Y. (1996) Comparing Policy Networks: Labor Policies in the U.S., Germany,and Japan, Cambridge: Cambridge University Press.
65. Kogut, B. and Ragin, C. C. (2006) 'Exploring Complexity when Diversity is Limited: Institutional Complementarity in Theories of Rule of Law and National Systems Revisited', European Management Review, 3: 44-59.
66. La Porta, R., Lopez-De-Silanes, F. and Shleifer, A. (1999) 'Corporate Ownership around the World', Journal of Finance, 54: 471-517.
67. Lane, C. (2003) 'Changes in Corporate Governance of German Corporations: Convergence to the Anglo-American Model?', Competition and Change, 7: 79-100.
68. Lane, D. (2005) 'Emerging Varieties of Capitalism in Former State Socialist Societies', Competition and Change, 9: 227-47.
69. Lehmbruch, G. (2001) 'The Institutional Embedding of Market Economics: The German "Model" and its Impact on Japan', in W. Streeck and K. Yamamura (eds) The Origins of Nonliberal Capitalism: Germany and Japan in Comparison, Ithaca: Cornell University Press.
70. Mares, I. (2003) The Politics of Social Risk: Business and Welfare State Development, Cambridge: Cambridge University Press.
71. Martin, C. J. and Thelen, K. (2007) 'Varieties of Coordination and Trajectories of Change: Social Policy and Economic Adjustment in Coordinated Market Economies', Paper presented at the Annual Meeting of the American Political Science Association, Chicago.
72. Maurice, M., Sellier, F. and Silvestre, J.-J. (1986) The Social Foundations of Industrial Power: A Comparison of France and Germany, Cambridge, MA: MIT Press.
73. Milgrom, P. R. and Roberts, J. (1994) 'Complementarities and Systems: Understanding Japanese Economic Organization', Estudios Economicos, 9: 3-42.
74. Molina, O. and Rhodes, M. (2007) 'Conflict, Complementarities and Institutional Change in Mixed Market Economies', in B. Hancké, M. Rhodes and M. Thatcher (eds) Beyond Varieties of Capitalism: Contradictions, Complementarities & Change, Oxford: Oxford University Press.
75. Nelson, R. R. (1987) Understanding Technical Change as an Evolutionary Process, Amsterdam: North-Holland.
76. O'Sullivan, M. (2000) Contests for Corporate Control: Corporate Governance and Economic Performance in the United States and Germany, Oxford: Oxford University Press.
77. O'Sullivan, M. and Lazonick, W. (2000) 'Maximising Shareholder Value: A New Ideology for Corporate Governance', Economy and Society, 29: 13-35.
78. Oi, J. C. and Walder, A. (eds) (1999) Property Rights and Economic Reform in China, Stanford, CA: Stanford University Press.
79. Orru, M., Biggart, N. W. and Hamilton, G. G. (1997) The Economic Organization of East Asian Capitalism, Thousand Oaks, CA: Sage.
80. Pierson, P. (2004) Politics in Time: History, Institutions,and Political Analysis, Princeton: Princeton University Press.
81. Porter, M. E. (1990) The Competitive Advantage of Nations, New York: The Free Press.
82. Posner, E. (2005) 'Sources of Institutional Change: The Supranational Origin's of Europe's New Stock Markets', World Politics, 58: 1-40.
83. Rueda, D. and Pontusson, J. (2000) 'Wage Inequality and Varieties of Capitalism', World Politics, 52: 350-83.
84. Sako, M. (2005) 'Does Embeddedness Imply Limits to within Country Diversity?', British Journal of Industrial Relations, 43: 585-92.
85. Schmidt, V. A. (2002) The Futures of European Capitalism, Oxford: Oxford University Press.
86. Schmitter, P. C. and Lehmbruch, G. (eds) (1979) Trends toward Corporatist Intermediation, Beverly Hills, CA: Sage.
87. Seabrooke, L. (2007) 'Varieties of Economic Constructivism in Political Economy: Uncertain Times Call for Disparate Measures', Review of International Political Economy, 14: 371-85.
88. Shonfield, A. (1965) Modern Capitalism. The Changing Balance of Public and Private Power, Oxford: Oxford University Press.
89. Soederberg, S., Menz, G. and Cerny, P. G. (eds) (2005) Internalizing Globalization: The Rise of Neoliberalism and the Decline of National Varieties of Capitalism, Basingstoke: Palgrave Macmillan.
90. Sorge, A. (1991) 'Strategic Fit and the Societal Effect: Interpreting Cross-national Comparisons of Technology, Organization and Human Resources', Organization Studies, 12: 161-90.
91. Sorge, A. (2005) The Global and the Local: Understanding the Dialectics of Business Systems, Oxford: Oxford University Press.
92. Sorge, A. and Streeck, W. (1988) 'Industrial Relations and Technical Change: The Case for an Extended Perspective', in R. Hyman and W. Streeck (eds) New Technology and Industrial Relations, Oxford: Blackwell.
93. Sorge, A. and Warner, M. (1986) Comparative Factory Organization: An Anglo-German Comparison of Manufacturing,Management and Manpower, Aldershot: Gower.
94. Soskice, D. (2007) 'Macroeconomics and Varieties of Capitalism', in B. Hancke, M. Rhodes and M. Thatcher (eds) Beyond Varieties of Capitalism: Conflict, Contradictions, and Complementarities in the European Economy, Cambridge: Cambridge University Press.
95. Streeck, W. (1992) 'Productive Constraints: On the Institutional Conditions of Diversified Quality Production', in W. Streeck (ed.) Social Institutions and Economic Performance, London: Sage.
96. Streeck, W. (1996) 'Lean Production in the German Automobile Industry: A Test Case for Convergence Theory', in S. Berger and R. Dore (eds) National Diversity and Global Capitalism, Ithaca: Cornell University Press.
97. Streeck, W. and Thelen, K. (eds) (2005) Beyond Continuity: Explorations in the Dynamics of Advanced Political Economies, Oxford: Oxford University Press.
98. Streeck, W. and Yamamura, K. (eds) (2001) The Origins of Nonliberal Capitalism: Germany and Japan in Comparison, Ithaca: Cornell University Press.
99. Thelen, K. (2004) How Institutions Evolve: The Political Economy of Skills in Germany, Britain, the United States and Japan, Cambridge: Cambridge University Press.
100. Vitols, S. (2004) 'Negotiated Shareholder Value: The German Version of an Anglo-American Practice', Competition and Change, 8: 1-18.
101. Vogel, S. K. (2006) Japan Remodeled: How Government and Industry are Reforming Japanese Capitalism, Ithaca: Cornell University Press.
102. Wade, R. (1990) Governing the Market, Princeton: Princeton University Press.
103. Wallerstein, I. (1979) The Capitalist World-Economy, Cambridge: Cambridge University Press.
104. Weiss, L. (1998) The Myth of the Powerless State, Ithaca: Cornell University Press.
105. Whitley, R. (1992) Business Systems in East Asia: Firms, Markets and Societies, London: Sage.
106. Whitley, R. (1999) Divergent Capitalisms: The Social Structuring and Change of Business Systems, Oxford: Oxford University Press.
107. Whitley, R. (2005) 'How National are Business Systems? The Role of States and Complementary Institutions in Standardizing Systems of Economic Coordination and Control at the National Level', in G. Morgan, R. Whitley and E. Moen (eds) Changing Capitalisms? Internationalization, Institutional Change, and Systems of Economic Organization, Oxford: Oxford University Press.
108. Whitley, R. (2007) Business Systems and Organizational Capabilities: The Institutional Structuring of Competitive Competences, Oxford: Oxford University Press.
109. Williamson, O. E. (1991) 'Comparative Economic Organization: Analysis of Discrete Structural Alternatives', Administrative Science Quarterly, 36: 269-96.
110. Yamamura, K. and Streeck, W. (eds) (2003) The End of Diversity? Prospects of German and Japanese Capitalism, Ithaca: Cornell University Press.
111. Zysman, J. (1983) Governments, Markets, and Growth: Financial Systems and the Politics of Industrial Change, Ithaca: Cornell University Press.