Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE (www.oxfordhandbooks.com). © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 27 June 2019

Abstract and Keywords

Comparative institutionalist analysis aims to investigate different patterns of markets: how they emerged, are reproduced, managed, and changed. This article begins by providing an initial framework for identifying market processes. It describes the conditions of existence of such processes and the embeddedness of these processes in social relations and social institutions. This requires a historical perspective in order to distinguish the emergence of local market relations within non-market societies from the development of market societies per se. Market societies imply the existence of relatively stable institutional orders that facilitate the formation and operation of markets in a wide range of domains. This article considers the debate on the diffusion of the neo-liberal market model and examines the ways in which particular models of markets are becoming embedded in international and global processes.

Keywords: comparative institutionalist analysis, social relations, social institutions, market societies, neo-liberal market

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.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.