A taxonomy of state capitalism
The developmental phases of Russia, Kazakhstan, South Korea and Singapore - a comparative institutional analysis
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Beschreibung
What is the economic order of state capitalism? Furthermore,how can its significant performance differences be explained? The firstquestion is tackled with the help of New Institutional Economics by developinga model of state capitalism.
What is the economic order of state capitalism? Furthermore,how can its significant performance differences be explained? The firstquestion is tackled with the help of New Institutional Economics by developinga model of state capitalism. This topic is furthermore dealt with in Chapter 3 wherea taxonomy of state capitalism is presented. This chapter already explains someof the performance differences. In the last chapter with the help ofsemi-structured interviews and literature surveys – in four case studies –propositions are forwarded as to why state capitalist orders vary so widely intheir performances. Two points stick out: the quality of the bureaucracy aswell as a varying degree of commitment of the political leadership to adevelopmental course.
Autor*in
Axel Wölk
Themen in »A taxonomy of state capitalism«
analysis capitalism comparative developmental institutional Kazakhstan Korea phases Russia Singapore South state taxonomy Wölk