Varieties of Incorporated Capitalism

On the ISA Annual Convention 2013 “The Politics of International Diffusion: Regional and Global Dimensions” 3.-6.April in San Francisco, Daniel Buhr presented a paper we wrote together. It was part of a panel on state capitalism, emerging powers and comparative political economy that was organized by Andreas Noelke  and Tobias ten Brink (Goethe University Frankfurt).

The Paper “Emerging Varieties of Incorporated Capitalism. empirical Evidence and theoretical considerations” adresses the question of how capitalist economies in non-OECD and mostly non-democratic states can be conceptualized and measured. The economic success of state-led forms of capitalism in Russia, China and some other autocracies is one of the most challenging developments for existing typologies of comparative political economy research. For the OECD-World complex theories and models assess the interrelation of polity and economy (e.g. Hall/Soskice), while well-defined approaches only exist for one type of autocracies: those based on Rentier Economies (Luciani). Other systematic approaches are seldom found. But when we look at state-capitalist developments in China, Singapore or Russia, there is strong empirical evidence for a variety of “incorporated capitalism”: bureaucratic market economies and patrimonial market economies. Why are those types of capitalism so successful? In order to answer this question correctly, we have to consider other questions first: 1) Which are the specific patterns of interaction between polity and economy?  2) What are the unique governance mechanisms in those incorporated capitalisms? Using quantitative and qualitative methods we will empirically proof our theoretical findings in order to decode the special complementarities of the bureaucratic and patrimonial market economy in real types.

If you are interested in the paper, please feel free to contact me.

  • Daniel Buhr & Rolf Frankenberger (2013): Emerging Varieties of Incorporated Capitalism. Theoretical Considerations and Empirical Evidence. Paper presented at the International Studies Association (ISA) Annual Convention 2013 “The Politics of International Diffusion: Regional and Global Dimensions”, San Francisco, California, USA, April 3-6, 2013.

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