The hardship of nations: exploring the paths of modern capitalism

Benjamin Coriat (), Geneviève Schméder and Pascal Petit ()
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Benjamin Coriat: CEPN - Centre d'Economie de l'Université Paris Nord (ancienne affiliation) - UP13 - Université Paris 13 - CNRS - Centre National de la Recherche Scientifique
Geneviève Schméder: CEPN - Centre d'Economie de l'Université Paris Nord (ancienne affiliation) - UP13 - Université Paris 13 - CNRS - Centre National de la Recherche Scientifique

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Abstract: After more than two decades of widespread hardship for most nations, what are the different paths available for them to resume steady growth and welfare? Will they actually succeed in building new growth models that meet the challenges of the present phase of internationalisation? This book attempts to answer these questions by analysing different perspectives and discussing the conditions for new national growth trajectories to emerge . The book provides conceptual tools for characterising alternative growth regimes by analysing their institutional backgrounds and political context. Unlike standard convergence theories , the authors argue that the diversity of capitalism is likely to persist as national economies adapt in specific ways to the forces of globalisation.

Keywords: growth; institutions; globalisation (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (11)

Published in Edward Elgar, 360pp, 2006

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00122735

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