- List of Figures
- List of Tables
- List of Contributors
- Institutional Perspectives—Working towards Coherence or Irreconcilable Diversity?
- Beyond Comparative Statics: Historical Institutional Approaches to Stability and Change In the Political Economy of Labor
- Actors and Institutions
- Institutional Reproduction and Change
- Qualitative Comparative Analysis of Social Science Data
- The State in the Economy: Neoliberal or Neoactivist?
- Money and Markets
- Transnational Institutions and International Regimes
- Law as a Governing Institution
- Institutional Change in Financial Systems
- The Comparative Institutional Analysis of Innovation: From Industrial Policy to the Knowledge Economy
- Changing Competition Models in Market Economies: The Effects of Inter‐nationalization, Technological Innovations, and Academic Expansion on the Conditions Supporting Dominant Economic Logics
- Institutions, Wealth, and Inequality
- Corporate Governance
- The Institutional Construction of Firms
- Institutionalizing the Employment Relationship
- Inter‐Firm Relations in Global Manufacturing: Disintegrated Production and Its Globalization
- Institutional Transformation in European Post‐Communist Regimes
- State Failure
- Financial Capitalism Resurgent: Comparative Institutionalism and the Challenges of Financialization
- Institutional Competitiveness: How Nations came to Compete
- Epilogue: Institutions in History: Bringing Capitalism Back In
Abstract and Keywords
This article considers the challenges confronting students of political economy in the contemporary period, which can be characterized as the task of moving from the analysis of comparative statics to a more genuinely dynamic model of institutional evolution and change. It considers the strengths and weaknesses of the varieties of capitalism (VoC) and ‘pragmatic constructivist’ (PC) approaches to the study of labour market institutions and political–economic change. The article also makes the case for an alternative historical–institutionalist framework for analysing institutions and institutional change that weaves together key insights from the VoC and PC literatures, but combines these in a way that avoids both the determinism of the former and the indeterminacy of the latter. It concludes by suggesting an agenda for research.
Kathleen Thelen is Ford Professor of Political Science, Massachusetts Institute of Technology, Cambridge, MA, USA.
Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.
If you have purchased a print title that contains an access token, please see the token for information about how to register your code.