Social Institutions And Economic Performance by Wolfgang Streeck
Analyzes how variations in social institutions — such as labor relations, corporate governance, welfare systems, and political structures — shape economic performance across capitalist countries; argues that institutional complementarities produce distinct national models that influence productivity, distribution, and stability, generate path-dependent trajectories, and cannot be understood by market-focused analyses alone, using comparative and historical evidence to show how institutional configurations affect policy choices and long-term outcomes.
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