TY  - BOOK
AU  - Axel Wölk
PY  - 2021
CY  - Berlin, Germany
PB  - Peter Lang Verlag
SN  - 2190-099X
SN  - 9783631853085
TI  - A taxonomy of state capitalism
T2  - The developmental phases of Russia, Kazakhstan, South Korea and Singapore - a comparative institutional analysis
DO  - 10.3726/b18336
UR  - https://www.peterlang.com/document/1059507
N2  - 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.
LA  - English
ER  -