The “New Comparative Economics”: A Critical Review

Bruno Dallago () and Sara Casagrande ()
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Bruno Dallago: University of Trento
Sara Casagrande: University of Trento

Chapter 5 in The Palgrave Handbook of Comparative Economics, 2021, pp 91-117 from Springer

Abstract: Abstract The chapter assesses the new comparative economics’ (NCE) contribution to the analysis and comparison of economic systems and economies. It highlights the NCEs aims and research program and compares these to the traditional field of comparative economic systems (CES). The comparison shows that both approaches are useful for a better understanding of the working of economies and the management of change. Being different in both their theoretical stance and the method they use, they heuristically compete, but normatively they provide useful contributions in different ways and cases. They should thus continue to compete for improving our knowledge and analysis of different institutional constructions. The chapter also considers the development of the field and looks at the number and topic of scientific publications since 1991.

Keywords: Comparative economics; Comparative economic systems; NCE; Varieties of capitalism (search for similar items in EconPapers)
JEL-codes: P00 P10 P50 P51 (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/978-3-030-50888-3_5

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