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The Varieties of Capitalism - Liberal Market Economies - Cardiff Business School
The Case of the USA
The Varieties of Capitalism - The Comparative Advantages of Nations
Differences between different types of capitalism come to the forefrontThe competitive advantage of nations (Michael Porter, 1990)US - European capitalism (Albert 1993)Varieties of Capitalism (Hall and Soskice, 2001)
Questions:
What explains economic performance of a country?
How to understand differences between countries
What does this mean for managers?
Capitalism in the 21st century
What are key issues?
Why is it important for managers to understand the comparative advantages of a nation?
Verified Expert
The report is about different types of the capitalism.The varieties of the capitalism and the structure is the focus of discussion in the current report.The types of the capitalism mainly discussed in the article include LME (liberal market economies and the Coordinated market economies. Other hybrid models that fall in these two categories are discussed as hybrid models as well. References are given as well.The focus and discussion is made on the key characteristics and the differences between these two market economies.
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