Institutional complementarities, hierarchies and reinforcing factors

François Combarnous and Eric Rougier

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Abstract: This chapter details firstly the historical, geographical and political determinant correlates of the six different models of capitalism, and secondly, various dimensions of economic performance (income level and growth, inequality, trade specialization, and so on.). The authors (Eric Rougier and François Combarnous) examine whether those historical conditions have exerted an influence on the shape of current economic systems. Subsequently, the political economies of the six models are characterized by considering constitutional characteristics, democratic outcomes, and state capacities. Finally, each one of our models is characterized with respect to various economic and social outcomes in order to check if there is a form of institutional socioeconomic or political advantage.

Keywords: Social Protection; Resource Dependent; Institutional System; Legal Origin; Sectoral Governance (search for similar items in EconPapers)
Date: 2017
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Published in The Diversity of Emerging Capitalisms in Developing Countries, Springer International Publishing, pp.329-370, 2017, 9783319499468

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Related works:
Working Paper: Institutional complementarities, hierarchies and reinforcing factors (2017)
Working Paper: Institutional Complementarities, Hierarchies and Reinforcing Factors (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03116455

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