title: Varieties of capitalist relations in foreign emerging market countries: The problems of typology and research methodology
metadata.name: dc.contributor.author
metadata.value: Lobanov, Mikhail M.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Glinkina, Svetlana P.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2020-04-28T13:26:31Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2020-04-28T13:26:31Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2020-03
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Lobanov M. M., Glinkina S. P. (2020) Varieties of capitalist relations in foreign emerging market countries: The problems of typology and research methodology. St Petersburg University Journal of Economic Studies, vol. 36, iss. 1, pp. 7–26.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu05.2020.101
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/17417
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: Until the end of the 20th century, studies on causes and consequences of the emergence of
  cross-country differences in the organization of capitalist society mainly relied on experiences
  of developed countries. The current trend in the evolution of theories of comparative capitalism
  is a shift in the research focus to states with emerging markets as characterized by a variety
  of types of institutional complementarity. One key issue is the validity of adapting the “varieties of capitalism” binary theory designed for developed countries (liberal and coordinated
  market economies in this framework) to analyze capitalist relations in states of the periphery
  and semi-periphery of world economy. This paper examines methodological problems
  of explaining processes of cross-country institutional divergence, with a focus on emerging
  market countries. The authors pay special attention to types of capitalism in post-socialist
  countries, distinguishing four directions of comparative analysis based on assumptions about
  the universality of the dichotomy of the VoC approach or on its “metamorphism,” “hybridization”
  of traditional capitalist models, and inconsistency with realities of development in
  former socialist states. Within each of the selected approaches to the typology of capitalist
  relations in European and Asian post-socialist countries, the characteristics of their respective
  basic models are compared (for example, “dependent” and “patrimonial capitalism,” “embedded
  neoliberalism,, “neocorporatism,” “neoliberal capitalism,” etc.). In addition, the authors
  conduct a comparative analysis of types of capitalism that are differentiated for developing
  countries of Asia, Africa, and Latin America (in particular, “hierarchical market economies”).
  It is noteworthy that the accumulation of theoretical and practical knowledge in comparative
  capitalism is increasingly dependent on the expansion of its geographical coverage on
  account of Asian countries. In this paper we distinguish several approaches to the formation
  of Asian capitalist societies: the spread of “state capitalism,” the emergence of an Asian “hybrid
  capitalism” (a combination of local and incorporated Western institutional norms), and
  the development of divergent forms of capitalism bounded by national borders. A promising
  research direction (which we call a multi-scale approach in comparative capitalism) is the differentiation
  of subnational models of capitalist relations, especially in countries characterized
  by significant spatial heterogeneity.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: St Petersburg University Journal of Economic Studies;Volume 36; Issue 1
metadata.lang: -
metadata.name: dc.subject
metadata.value: comparative capitalism
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: varieties of capitalism
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: institutional complementarity
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: liberal
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: coordinated and mixed market economies
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: dependent market economies
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: embedded neoliberalism
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: neocorporatism
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: patrimonial capitalism
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: hybrid capitalism
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: state capitalism
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Varieties of capitalist relations in foreign emerging market countries: The problems of typology and research methodology
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 7-26.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/17417/1/7-26.pdf
resources.format: Adobe PDF
resources.size: 696,51 kB