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Boyer / Uemura / Yamada / Song

Evolving Diversity and Interdependence of Capitalisms

Transformations of Regional Integration in EU and Asia
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1st ed. 2019. Buch. VI, 300 S.: 50 s/w-Abbildungen. Hardcover
Springer ISBN 9784431550006
Format (B x L): 15,5 x 23,5 cm
In englischer Sprache
Das Werk ist Teil der Reihe:
This book integrates three levels of political–economic analysis: first a comparative institutional analysis of the varieties of capitalism in both Europe and Asia, second a macroeconomic analysis of industrial structural change and economic dynamics of the national economies in Europe and Asia, and then an encompassing analysis of international production linkages and international financial instability which determine the long-term patterns of regional integration in Europe and Asia. The comparison of the European Union and ASEAN delivers some key conditions for a viable long-term regional economic integration to cope with contrasted capitalisms and growth regimes: either pragmatism in the choice of an exchange rate regime, or a form of fiscal federalism. The reader will also find a genuine analysis of the dynamism of the Chinese economy, a study on institutional changes and de-industrialization in Japan, and the increasing international production linkages among China, Japan, Korea, and ASEAN. It is shown how the enlargement of the European Union and the Euro triggered the diverging competitiveness and macroeconomic performances that led to the crisis of a six decades long economic and political process. This book is the result of long lasting Asian–European collaborative research. It is a milestone in the historical and comparative analysis along the régulation theory that aims at understanding the long-run transformations, renewed diversity and interdependence of capitalisms.

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Research

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Presents an EU–Asian comparative institutional analysis from the point of view of the régulation theory Provides a macroeconomic analysis of industrial structural change and economic dynamics of national economies in Europe and Asia Focuses on international production linkages and international financial instability which shape the long-term patterns of regional integration in Europe and Asia Proposes a better integration between polity and economy in understanding both capitalism dynamics and supranational institutions building