Micro-Institutional Foundations of Capitalism Sectoral Pathways to Globalization in China, India, and Russia

What is the relationship between internal development and integration into the global economy in developing countries? How and why do state-market relations differ? And do these differences matter in the post-cold war era of global conflict and cooperation? Drawing on research in China, India, and Russia and examining sectors from textiles to telecommunications, Micro-institutional Foundations of Capitalism introduces a new theory of sectoral pathways to globalization and development. Adopting a historical approach, the book's Strategic Value Framework shows how state elites perceive the strategic value of sectors in response to internal and external pressures. Sectoral structures and organization of institutions further determine the role of the state in market coordination and property rights arrangements. The resultant dominant patterns of market governance vary by country and sector within country. These national configurations of sectoral models are the micro-institutional foundations of capitalism, which mediate globalization and development.

ISBN:	9781108459037
Publisher:	Cambridge University Press
Imprint:	Cambridge University Press
Published date:	30 Jun 2022
DEWEY:	338.90091724
DEWEY edition:	23
Language:	English
Number of pages:	200
Weight:	638g
Height:	151mm
Width:	228mm
Spine width:	30mm

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