Masanobu Ido - Varieties of Capitalism, Types of Democracy and Globalization

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Varieties of Capitalism, Types of Democracy and Globalization

This book combines two strands of international political economy; examining how capitalism and democracy shape and are shaped by each other. Although until now considered separately, this path-breaking book proposes an innovative view of a political-economic system that inextricably links the model of capitalism to the type of democracy, where continuation is mutually reinforced.

Advanced countries have achieved postwar affluence by adopting one of two contrasting models of capitalism; liberal market economies or coordinated market economies, and two opposing types of democracies: consensus or majoritarian democracies. Expert contributors in the field consider the question of whether and how globalization is transforming the postwar political-economic systems of advanced countries such as Britain, France, Germany, Italy and Japan, as well as the question of how it is shaping democracy and capitalism combinations in former socialist countries in Eastern Europe and the new capitalist China. The book examines various topics, including party system change, a political dilemma of the established party, and corporate governance reforms, to posit an original and innovative theory of international political economy.

Variety of Capitalism, Types of Democracy and Globalization will be of interest to students and scholars of comparative politics, political economy and globalization.

Masanobu Ido is Professor of Political Science at Waseda University, Tokyo, Japan.

Routledge advances in international political economy

1 The Future of the Nation-State

Essays on cultural pluralism and political integration

Edited by Sverker Gustavsson and Leif Lewin

Co-publication

with Nerenius and Santrus Publisher AB, Sweden

2 Classical Liberalism and International Economic Order

Studies in theory and intellectual history

Razeen Sally

3 Coping with Globalization

Jeffrey Hart and Aseem Prakash

4 Responding to Globalization

Jeffrey Hart and Aseem Prakash

5 Japanese Capitalism in Crisis

A regulationist interpretation

Edited by Robert Boyer and Toshio Yamada

6 Globalization and Social Change

Edited by Johannes Dragsbaek Schmidt and Jacques Hersh

7 Multilateralism and the World Trade Organisation

The architecture and extension of international trade recognition

Rorden Wilkinson

8 Foreign Direct Investment, Democracy and Development

Assessing contours, correlates and concomitants of globalization

Indra de Soysa

9 Rethinking International Organization

Deregulation and global governance

Barbara Emadi-Coffin

10 Technology, Governance and Political Conflict in International

Industries

Tony Porter

11 Americas Trade Policy towards Japan

Demanding results

John Kunkel

12 Chinese Capitalism in a Global Era

Towards hybrid capitalism

Henry Wai-chung

Yeung

13 The World Bank and Africa

The construction of governance states

Graham Harrison

14 Welfare, Right and the State

A framework for thinking

David P. Levine

15 Regional Trade Integration and Conflict Resolution

Shaheen Rafi Khan

16 Contested Capitalism

The political origins of financial institutions

Richard W. Carney

17 Economic Growth, the Environment and International Relations

The growth paradigm

Stephen James Purdey

18 Varieties of Capitalism, Types of Democracy and Globalization

Edited by Masanobu Ido

Varieties of Capitalism, Types
of Democracy and
Globalization

Edited by Masanobu Ido

First published 2012

by Routledge

2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN

Simultaneously published in the USA and Canada

by Routledge

711 Third Avenue, New York, NY 10017

Routledge is an imprint of the Taylor & Francis Group, an informa business

2012 Masanobu Ido for selection and editorial matter; individual contributors their contribution.

The right of Masanobu Ido to be identified as the author of the editorial material, and the author for his individual chapters, has been asserted in accordance with sections 77 and 78 of the Copyright, Designs and Patents Act 1988.

All rights reserved. No part of this book may be reprinted or reproduced or utilized in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers.

Trademark notice: Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe.

British Library Cataloguing in Publication Data

A catalogue record for this book is available from the British Library

Library of Congress Cataloging in Publication Data

Varieties of capitalism, types of democracy and globalization/edited by Masanobu Ido.
p. cm. (Routledge advances in international political economy)
Includes bibliographical references and index.
1. Capitalism. 2. Democracy. 3. Globalization. I. Ido, Masanobu, 1957
HB501.V3555 2012
330.122dc23

2011038920

ISBN: 978-0-415-67150-7 (hbk)

ISBN: 978-0-203-12398-0 (ebk)

Contents

PART I Theory and measurement

HELEN CALLAGHAN AND MASANOBU IDO

PHILIPPE C. SCHMITTER AND ARPAD TODOR

PART II Changing ToDVoC combinations in advanced democracies

MASANOBU IDO

HELEN CALLAGHAN

LUIGI BURRONI AND CARLO TRIGILIA

T. J. PEMPEL

HIDEKO MAGARA

PART III Emergence of new VoC in new and non-democracies

CHRISTOPHER A. MCNALLY

LASZLO BRUSZT

Figures

1.1
2.1
2.2
2.3
2.4
3.1
3.2
3.3
3.4
6.1
6.2
6.3
9.1
9.2
9.3
9.4
9.5
9.6
9.7
9.8
9.9

Tables

2.1
2.2
2.3
2.4
2.5
2.6
2.7
2.8
2.9
2.10
2.11
2.12
2.13
2.14
2.15
3.1
3.2
3.3
3.4
4.1
4.2
4.3
4.4
4.5
4.6
5.1
7.1

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