The Effects of Political Institutions on Varieties of Capitalism by Matthew P. Arsenault
English | 11 Mar. 2017 | ISBN: 3319508911 | 204 Pages | PDF | 3.33 MB
This book identifies and explores the mechanisms linking political institutions and variation in capitalist systems. A strong correlation exists between varieties of political regimes and varieties of capitalism: majoritarian political regimes are correlated with liberal market economies (LMEs) and consensus political regimes are correlated with coordinated market economies (CMEs).