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A taxonomy of state capitalism

The developmental phases of Russia, Kazakhstan, South Korea and Singapore - a comparative institutional analysis

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Pages
336 pages
Reading time
12 hours

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The book explores the concept of state capitalism through the lens of New Institutional Economics, developing a model to understand its economic order. It presents a taxonomy of state capitalism that highlights performance differences, particularly focusing on the quality of bureaucracy and the political leadership's commitment to development. Through semi-structured interviews and literature surveys in four case studies, the author investigates the factors contributing to the varying performances of state capitalist systems, offering insightful propositions on this complex topic.

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A taxonomy of state capitalism, Axel Wölk

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Released
2021
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