The Diversity of Emerging Capitalisms in Developing Countries

This book presents the results of a collective and original empirical investigation of the institutional systems underlying the capitalisms that are coming to the fore in developing nations. While varieties of industrialized countries' capitalisms are extensively scrutinized, those of developing countries' capitalisms are far less documented. By implementing a unified and original comparative approach based on the institutional complementarity theory, the different contributors of the book find evidence for the originality and heterogeneity of the forms of capitalism to be observed in developing countries. This text analyses capitalist systems as clusters of sectoral institutions and regulations, identifying differences between these clusters in a large sample of emerging and developing countries. Rougier and Combarnous bring together contributions answering the following questions: What are these clusters of institutions underlying emerging capitalisms? Are there common or specific patterns of institutional clustering across countries and what are the main characteristics of the varieties of capitalism they shape? What are their main long-term determinants? Are there specific patterns of economic outcome associated with these clusters? Can different forms of institutional complementarity be observed? How can we analyse institutional reform from this perspective?

Addresses the nature of developing countries' institutional systems Identifies a set of idiosyncratic forms of institutional governance at sector level Proposes institutional modernization paths to escape the poverty trap Analyses labour, competition, finance, social protection, education and training, agriculture and environment across developing countries Improves understanding of institutional diversity by comparing clusters of institutions for a very broad spectrum of countries

Autorentext
Eric Rougier is Associate Professor in Economics at the University of Bordeaux, and a researcher at the GREThA, CNRS Research Unit, France. He works in the field of development economics with special focus on institutions, economic reforms and globalization. He has published various papers and chapters dealing with institutions, economic growth and distributional issues in middle-income emerging countries in general, and in Middle-East and North African economies in particular.
**François Combarnous** is Associate Professor in Development Economics at the University of Bordeaux, and a researcher at the GREThA, CNRS Research Unit, France. His research focuses on labour markets, entrepreneurship and social networks issues. He has published several papers and book chapters dealing with such issues as African economies or Brazil. He has also worked with Eric Rougier on structural reforms in developing countries, developing a methodology to measure the extent of reform implementation.

Inhalt
Chapter 1. Analysing the capitalisms of developing countries: What's the point?; Eric Rougier.- Chapter 2. Existing typologies of developing countries' institutional systems; Eric Rougier.- Chapter 3. Systems, institutional complementarities and politics: Various methodological considerations; François Combarnous and Eric Rougier.- Chapter 4. Labour and Production Relations; Ela Callorda Fossati.- Chapter 5. Education and training; Coralie Reslinger.- Chapter 6. Product market and competition; Eric Rougier.- Chapter 7. Social protection; Matthieu Clément.- Chapter 8. Finance and credit market; Dalila Nicet-Chenaf.- Chapter 9. Agriculture; Céline Bonnefond et Claire Gondard-Delcroix.- Chapter 10. Environmental regulation models; André Meunié.- Chapter 11. The 2 + 4 varieties of capitalist systems; Eric Rougier and François Combarnous.- Chapter 12. Institutional complementarities, hierarchies and reinforcing factors; François Combarnous and Eric Rougier.- Chapter 13. Institutional trajectories: Three comparative case-studies; François Combarnous and Eric Rougier.- Chapter 14. Emerging capitalisms and institutional reforms in developing countries; François Combarnous and Eric Rougier.