Bo Rothstein
- Published in print:
- 1998
- Published Online:
- November 2003
- ISBN:
- 9780198294719
- eISBN:
- 9780191599361
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0198294719.003.0004
- Subject:
- Political Science, Reference
Provides an overview of institutional analysis, which comprises all questions in political science. Discusses issues in political theory and the normative role of institutions, and traces the decline ...
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Provides an overview of institutional analysis, which comprises all questions in political science. Discusses issues in political theory and the normative role of institutions, and traces the decline and re‐emergence of institutions in political science. Reviews methodological and theoretical issues in institutional analysis, such as the ontology of institutions, agency and causation, their stability, and change. The future of institutional political science is in the combination of knowledge and whether it can be applied to normative institutional goals.Less
Provides an overview of institutional analysis, which comprises all questions in political science. Discusses issues in political theory and the normative role of institutions, and traces the decline and re‐emergence of institutions in political science. Reviews methodological and theoretical issues in institutional analysis, such as the ontology of institutions, agency and causation, their stability, and change. The future of institutional political science is in the combination of knowledge and whether it can be applied to normative institutional goals.
Patricia J. Arnold
- Published in print:
- 2009
- Published Online:
- February 2010
- ISBN:
- 9780199546350
- eISBN:
- 9780191720048
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199546350.003.0003
- Subject:
- Business and Management, Organization Studies, Finance, Accounting, and Banking
This chapter summarizes the contributions that institutional theory has made to our understanding of the forces driving the internationalization of financial accounting which is characterized by the ...
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This chapter summarizes the contributions that institutional theory has made to our understanding of the forces driving the internationalization of financial accounting which is characterized by the harmonization of accounting standards and the creation of integrated global markets for accounting services and accounting labour. Institutionalism is defined broadly to include a broad spectrum of multidisciplinary scholarship at the micro, mezzo, and macro level of analysis. The chapter argues that institutional analysis, broadly defined, is capable of interrogating not only the social and cultural underpinning of accounting practice, but also the political and economic forces that underlie the internationalization of financial accounting. Directions for future international accounting research aimed at understanding developments within the accounting field within the context of the financialization of the world political economy over the past quarter century are discussed.Less
This chapter summarizes the contributions that institutional theory has made to our understanding of the forces driving the internationalization of financial accounting which is characterized by the harmonization of accounting standards and the creation of integrated global markets for accounting services and accounting labour. Institutionalism is defined broadly to include a broad spectrum of multidisciplinary scholarship at the micro, mezzo, and macro level of analysis. The chapter argues that institutional analysis, broadly defined, is capable of interrogating not only the social and cultural underpinning of accounting practice, but also the political and economic forces that underlie the internationalization of financial accounting. Directions for future international accounting research aimed at understanding developments within the accounting field within the context of the financialization of the world political economy over the past quarter century are discussed.
Michel Goyer
- Published in print:
- 2007
- Published Online:
- September 2008
- ISBN:
- 9780199206483
- eISBN:
- 9780191709715
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199206483.003.0007
- Subject:
- Business and Management, Political Economy
The research question of this chapter on corporate governance in France and Germany is two-pronged: to account for their different patterns of evolution, and to assess the implications for their ...
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The research question of this chapter on corporate governance in France and Germany is two-pronged: to account for their different patterns of evolution, and to assess the implications for their respective models of capitalism. The focus indicator of this chapter is the rise of hedge and mutual funds — two categories of short-term, impatient investors — in large French and German companies. The presence of these two types of institutional investors with their focus on shareholder value and the short-term trading strategies constitutes a novel and potentially radical developments in European corporate governance. The empirical data on the investment patterns of these two groups of investors reveals the greater attractiveness of French firms over their German counterparts. The argument presented in this chapter highlights the importance of firm-level institutional arrangements of workplace organization in accounting for this divergence in investment patterns. The high degree of power concentration of French firms provides for a better fit with the short-term horizons of hedge and mutual funds. Patterns of adjustment in French companies are unilaterally orchestrated, in sharp contrast to the negotiated nature of restructuring strategies in German firms. Key notions of the Varieties of Capitalism perspective — institutional interaction, institutional latency, and the distinction between institutional framework and the mode of coordination that follows from these institutions — illustrate the central role performed by firm-level institutional arrangements of workplace organization, and provide important theoretical insights to account for the divergence in the investment patterns of hedge and mutual funds.Less
The research question of this chapter on corporate governance in France and Germany is two-pronged: to account for their different patterns of evolution, and to assess the implications for their respective models of capitalism. The focus indicator of this chapter is the rise of hedge and mutual funds — two categories of short-term, impatient investors — in large French and German companies. The presence of these two types of institutional investors with their focus on shareholder value and the short-term trading strategies constitutes a novel and potentially radical developments in European corporate governance. The empirical data on the investment patterns of these two groups of investors reveals the greater attractiveness of French firms over their German counterparts. The argument presented in this chapter highlights the importance of firm-level institutional arrangements of workplace organization in accounting for this divergence in investment patterns. The high degree of power concentration of French firms provides for a better fit with the short-term horizons of hedge and mutual funds. Patterns of adjustment in French companies are unilaterally orchestrated, in sharp contrast to the negotiated nature of restructuring strategies in German firms. Key notions of the Varieties of Capitalism perspective — institutional interaction, institutional latency, and the distinction between institutional framework and the mode of coordination that follows from these institutions — illustrate the central role performed by firm-level institutional arrangements of workplace organization, and provide important theoretical insights to account for the divergence in the investment patterns of hedge and mutual funds.
Masahiko Aoki
- Published in print:
- 2004
- Published Online:
- September 2007
- ISBN:
- 9780199269761
- eISBN:
- 9780191710087
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199269761.003.0002
- Subject:
- Business and Management, Corporate Governance and Accountability
This chapter applies a ‘comparative institutional analysis’ approach to CG. It criticizes the property right approach for being a special case, and develops a more general model of governance with ...
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This chapter applies a ‘comparative institutional analysis’ approach to CG. It criticizes the property right approach for being a special case, and develops a more general model of governance with shifting allocations of property rights to different internal and external actors, contingent to the overall economic performance of the firm. This contingent relational governance solution is deemed to be complementary with an uncontingently horizontal organization, at least in innovative activities. The Silicon Valley model is discussed as supportive evidence of this mode of CG.Less
This chapter applies a ‘comparative institutional analysis’ approach to CG. It criticizes the property right approach for being a special case, and develops a more general model of governance with shifting allocations of property rights to different internal and external actors, contingent to the overall economic performance of the firm. This contingent relational governance solution is deemed to be complementary with an uncontingently horizontal organization, at least in innovative activities. The Silicon Valley model is discussed as supportive evidence of this mode of CG.
Masahiko Aoki, Gregory Jackson, and Hideaki Miyajima (eds)
- Published in print:
- 2007
- Published Online:
- September 2007
- ISBN:
- 9780199284511
- eISBN:
- 9780191713705
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199284511.001.0001
- Subject:
- Economics and Finance, South and East Asia
This book uses comparative institutional analysis to explain differences in national economic performance. Countries have their own rules for corporate governance and they have different market ...
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This book uses comparative institutional analysis to explain differences in national economic performance. Countries have their own rules for corporate governance and they have different market arrangements; and these differences in rules and organization affect the way firms behave. Countries also tend to develop conventions of organizational architecture whether their hierarchies are functional, horizontal, or decentralized. This affects the way in which they process information, and information management is increasingly seen as being of crucial importance to a firm's performance. This book accords more importance to these factors than to the factors conventionally used in applying a neoclassical model of economic efficiency. It applies game theory, contract theory, and information theory. By describing the rules and norms in Japan, the USA, and the transitional economies, the book shows how firms can achieve competitive advantage in international markets if these conventions and rules are well suited to the industrial sector in which the firms operate. The book is particularly concerned with how Japan, with its main bank and lifelong employment systems, as well as information-sharing firm organizational structure, might reform its institutions to maintain competitive advantage in the world economy.Less
This book uses comparative institutional analysis to explain differences in national economic performance. Countries have their own rules for corporate governance and they have different market arrangements; and these differences in rules and organization affect the way firms behave. Countries also tend to develop conventions of organizational architecture whether their hierarchies are functional, horizontal, or decentralized. This affects the way in which they process information, and information management is increasingly seen as being of crucial importance to a firm's performance. This book accords more importance to these factors than to the factors conventionally used in applying a neoclassical model of economic efficiency. It applies game theory, contract theory, and information theory. By describing the rules and norms in Japan, the USA, and the transitional economies, the book shows how firms can achieve competitive advantage in international markets if these conventions and rules are well suited to the industrial sector in which the firms operate. The book is particularly concerned with how Japan, with its main bank and lifelong employment systems, as well as information-sharing firm organizational structure, might reform its institutions to maintain competitive advantage in the world economy.
Colin Crouch
- Published in print:
- 2005
- Published Online:
- September 2007
- ISBN:
- 9780199286652
- eISBN:
- 9780191713354
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199286652.003.0007
- Subject:
- Business and Management, Political Economy
This concluding chapter resumes the argument and discusses the role of power imbalances. It then presents a research programme for the next stage of neo-institutional analysis. Elements of the ...
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This concluding chapter resumes the argument and discusses the role of power imbalances. It then presents a research programme for the next stage of neo-institutional analysis. Elements of the programme include defining the context, specifying capacities, specifying the available governance range, ranking the modes, mapping the fields, and observing the actors.Less
This concluding chapter resumes the argument and discusses the role of power imbalances. It then presents a research programme for the next stage of neo-institutional analysis. Elements of the programme include defining the context, specifying capacities, specifying the available governance range, ranking the modes, mapping the fields, and observing the actors.
Michel Goyer
- Published in print:
- 2011
- Published Online:
- January 2012
- ISBN:
- 9780199578085
- eISBN:
- 9780191731051
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199578085.003.0001
- Subject:
- Business and Management, Corporate Governance and Accountability
What accounts for the observed differences across national systems of corporate governance? This chapter analyzes the importance of diversity in regard to institutional arrangements of corporate ...
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What accounts for the observed differences across national systems of corporate governance? This chapter analyzes the importance of diversity in regard to institutional arrangements of corporate governance. Institutional analyses of comparative corporate governance raise many issues also found in other areas of the social sciences: the interaction between different institutional features of an economy; and the importance of complex causation resulting from the presence of many institutional variables. The analysis of these issues in this chapter is structured around the three two most prominent theoretical perspectives: law and economics, and politics. Additional materials drawing from economic sociology are also presented. The chapter concludes by highlighting two important tasks: accounting for divergence across national systems of corporate governance in a context of change; assessing the relative weight of causal factors in processes of complex causation.Less
What accounts for the observed differences across national systems of corporate governance? This chapter analyzes the importance of diversity in regard to institutional arrangements of corporate governance. Institutional analyses of comparative corporate governance raise many issues also found in other areas of the social sciences: the interaction between different institutional features of an economy; and the importance of complex causation resulting from the presence of many institutional variables. The analysis of these issues in this chapter is structured around the three two most prominent theoretical perspectives: law and economics, and politics. Additional materials drawing from economic sociology are also presented. The chapter concludes by highlighting two important tasks: accounting for divergence across national systems of corporate governance in a context of change; assessing the relative weight of causal factors in processes of complex causation.
Clark C. Gibson, Krister Andersson, Elinor Ostrom, and Sujai Shivakumar
- Published in print:
- 2005
- Published Online:
- October 2005
- ISBN:
- 9780199278855
- eISBN:
- 9780191602863
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199278857.001.0001
- Subject:
- Economics and Finance, Development, Growth, and Environmental
What’s wrong with development aid? It is argued that much of aid’s failure is related to the institutions that structure its delivery. These institutions govern the complex relationships between the ...
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What’s wrong with development aid? It is argued that much of aid’s failure is related to the institutions that structure its delivery. These institutions govern the complex relationships between the main actors in the aid delivery system, and often generate a series of perverse incentives that promote inefficient and unsustainable outcomes. The theoretical insights of the new institutional economics are applied to several settings. First, the institutions of Sida, the Swedish aid agency, is investigated to analyze how that aid agency’s institutions can produce incentives inimical to desired outcomes, contrary to the desires of its own staff. Second, cases from India, a country with low aid dependence, and Zambia, a country with high aid dependence, are used to explore how institutions on the ground in recipient countries might also mediate the effectiveness of aid. Suggestions are offered on how to improve aid’s effectiveness. These include how to structure evaluations in order to improve outcomes, how to employ agency staff to gain from their on-the-ground experience, and how to engage stakeholders as “owners” in the design, resource mobilization, learning, and evaluation process of development assistance programs.Less
What’s wrong with development aid? It is argued that much of aid’s failure is related to the institutions that structure its delivery. These institutions govern the complex relationships between the main actors in the aid delivery system, and often generate a series of perverse incentives that promote inefficient and unsustainable outcomes. The theoretical insights of the new institutional economics are applied to several settings. First, the institutions of Sida, the Swedish aid agency, is investigated to analyze how that aid agency’s institutions can produce incentives inimical to desired outcomes, contrary to the desires of its own staff. Second, cases from India, a country with low aid dependence, and Zambia, a country with high aid dependence, are used to explore how institutions on the ground in recipient countries might also mediate the effectiveness of aid. Suggestions are offered on how to improve aid’s effectiveness. These include how to structure evaluations in order to improve outcomes, how to employ agency staff to gain from their on-the-ground experience, and how to engage stakeholders as “owners” in the design, resource mobilization, learning, and evaluation process of development assistance programs.
Wolfgang Streeck
- Published in print:
- 2010
- Published Online:
- October 2011
- ISBN:
- 9780199573981
- eISBN:
- 9780191702136
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199573981.003.0008
- Subject:
- Business and Management, Political Economy, International Business
First, this chapter summarizes the five narratives concerning collective bargaining and wage setting, intermediary organization, social policy, public finance, and corporate governance and then ...
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First, this chapter summarizes the five narratives concerning collective bargaining and wage setting, intermediary organization, social policy, public finance, and corporate governance and then points out how these independent yet interrelated institutional settings have intersected in a number of points. The differences between the conditions in all five situations, both before and after the period, may be seen as less fundamental since collective bargaining in Germany is still more organized than in other countries, social welfare is still high in Germany, and there still are certain governing institutions that control most German companies. This chapter then explains why there is a need to understand systemic change and how shifting from a sectoral to a systemic perspective gives a new light to institutional analysis.Less
First, this chapter summarizes the five narratives concerning collective bargaining and wage setting, intermediary organization, social policy, public finance, and corporate governance and then points out how these independent yet interrelated institutional settings have intersected in a number of points. The differences between the conditions in all five situations, both before and after the period, may be seen as less fundamental since collective bargaining in Germany is still more organized than in other countries, social welfare is still high in Germany, and there still are certain governing institutions that control most German companies. This chapter then explains why there is a need to understand systemic change and how shifting from a sectoral to a systemic perspective gives a new light to institutional analysis.
Wolfgang Streeck
- Published in print:
- 2010
- Published Online:
- October 2011
- ISBN:
- 9780199573981
- eISBN:
- 9780191702136
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199573981.001.0001
- Subject:
- Business and Management, Political Economy, International Business
This book addresses some of the key issues in the field of comparative political economy and institutional theory: the role of history in institutional analysis, the dynamics of slow institutional ...
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This book addresses some of the key issues in the field of comparative political economy and institutional theory: the role of history in institutional analysis, the dynamics of slow institutional change, the limitations of rational design and economic-functionalist explanations of institutional stability, and the recurrent difficulties of restraining the effects of capitalism on social order. In the classification of the ‘Varieties of Capitalism’ school, Germany has always been taken as the chief exemplar of a ‘European’, coordinated market economy. The book explores to what extent Germany actually conforms to this description. Its argument is supported by original empirical research on wage-setting and wage structure, the organization of business and labor in business associations and trade unions, social policy, public finance, and corporate governance. From this evidence, this book traces the current liberalization of the post-war economy of democratic capitalism by means of a historical approach to institutional change.Less
This book addresses some of the key issues in the field of comparative political economy and institutional theory: the role of history in institutional analysis, the dynamics of slow institutional change, the limitations of rational design and economic-functionalist explanations of institutional stability, and the recurrent difficulties of restraining the effects of capitalism on social order. In the classification of the ‘Varieties of Capitalism’ school, Germany has always been taken as the chief exemplar of a ‘European’, coordinated market economy. The book explores to what extent Germany actually conforms to this description. Its argument is supported by original empirical research on wage-setting and wage structure, the organization of business and labor in business associations and trade unions, social policy, public finance, and corporate governance. From this evidence, this book traces the current liberalization of the post-war economy of democratic capitalism by means of a historical approach to institutional change.
Clark C. Gibson
- Published in print:
- 2005
- Published Online:
- October 2005
- ISBN:
- 9780199278855
- eISBN:
- 9780191602863
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199278857.003.0009
- Subject:
- Economics and Finance, Development, Growth, and Environmental
This chapter examines two development assistance projects undertaken by Sida in India. These case studies demonstrate the use of institutional analysis as a diagnostic tool, and illustrate how ...
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This chapter examines two development assistance projects undertaken by Sida in India. These case studies demonstrate the use of institutional analysis as a diagnostic tool, and illustrate how problems of motivation and asymmetric information arise within the complex mix of actors involved in a project, presenting distinct challenges for sustainable development.Less
This chapter examines two development assistance projects undertaken by Sida in India. These case studies demonstrate the use of institutional analysis as a diagnostic tool, and illustrate how problems of motivation and asymmetric information arise within the complex mix of actors involved in a project, presenting distinct challenges for sustainable development.
Tim Hallett
- Published in print:
- 2019
- Published Online:
- August 2019
- ISBN:
- 9780198843818
- eISBN:
- 9780191879517
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780198843818.003.0004
- Subject:
- Business and Management, Organization Studies
Can we do institutional analysis without institutional theory? Should we? These provocative questions prompt a reflection on institutional thought, but they also serve as an invitation for scholars ...
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Can we do institutional analysis without institutional theory? Should we? These provocative questions prompt a reflection on institutional thought, but they also serve as an invitation for scholars in adjacent fields—process scholars among them—to reconsider the boundaries between fields and the benefits of crossing them. Such benefits are evident in the work of the founders of institutional theory, none of who were self-consciously “institutional” as they embarked on their careers. Reviewing their work reveals four keys for doing institutional analysis without institutional theory, and the importance of doing so. It also reveals some of the limits of contemporary institutional theory: The dominance of institutional theory in organizational studies is problematic in the sense that many of the most important insights and developments in institutional theory emerged through cross-fertilization across multiple fields, rather than the narrow cultivation of one.Less
Can we do institutional analysis without institutional theory? Should we? These provocative questions prompt a reflection on institutional thought, but they also serve as an invitation for scholars in adjacent fields—process scholars among them—to reconsider the boundaries between fields and the benefits of crossing them. Such benefits are evident in the work of the founders of institutional theory, none of who were self-consciously “institutional” as they embarked on their careers. Reviewing their work reveals four keys for doing institutional analysis without institutional theory, and the importance of doing so. It also reveals some of the limits of contemporary institutional theory: The dominance of institutional theory in organizational studies is problematic in the sense that many of the most important insights and developments in institutional theory emerged through cross-fertilization across multiple fields, rather than the narrow cultivation of one.
Steven Casper
- Published in print:
- 2012
- Published Online:
- September 2012
- ISBN:
- 9780199694761
- eISBN:
- 9780191741289
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199694761.003.0011
- Subject:
- Business and Management, Organization Studies
In recent decades governments have initiated a range of policies to encourage universities to commercialize research results. This chapter focuses on academic scientists as the key drivers behind the ...
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In recent decades governments have initiated a range of policies to encourage universities to commercialize research results. This chapter focuses on academic scientists as the key drivers behind the commercialization of research, and argues that commercialization activities are primarily conditioned by organizational incentives and constrained structured by national research systems. The chapter explores how involvement in commercialization activities can be used to improve the competitiveness of scientific laboratories to varying degrees within different national research systems, and thus to contribute to our understanding of the continuing contrasts in patterns of research commercialization between differently organized public science systems. The analysis pays particular attention to labour market dynamics within different research systems, exploring at a micro-level how national research system institutions affect patterns of competition at the laboratory level within the United States and Germany. To provide empirical support for key claims, the chapter also presents short empirical case studies of the organization of labour markets within the cell biology field in the United States, and labour market ties between academic labs and spin-offs in Germany.Less
In recent decades governments have initiated a range of policies to encourage universities to commercialize research results. This chapter focuses on academic scientists as the key drivers behind the commercialization of research, and argues that commercialization activities are primarily conditioned by organizational incentives and constrained structured by national research systems. The chapter explores how involvement in commercialization activities can be used to improve the competitiveness of scientific laboratories to varying degrees within different national research systems, and thus to contribute to our understanding of the continuing contrasts in patterns of research commercialization between differently organized public science systems. The analysis pays particular attention to labour market dynamics within different research systems, exploring at a micro-level how national research system institutions affect patterns of competition at the laboratory level within the United States and Germany. To provide empirical support for key claims, the chapter also presents short empirical case studies of the organization of labour markets within the cell biology field in the United States, and labour market ties between academic labs and spin-offs in Germany.
Jim Rossi
- Published in print:
- 2010
- Published Online:
- January 2011
- ISBN:
- 9780195368321
- eISBN:
- 9780199867509
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195368321.003.0008
- Subject:
- Law, Constitutional and Administrative Law
This chapter demonstrates the conceptual payoff in the context of the interplay between state and national legislative and executive power by focusing on two recurring problems of cooperative ...
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This chapter demonstrates the conceptual payoff in the context of the interplay between state and national legislative and executive power by focusing on two recurring problems of cooperative federalism: state implementation of federal programmatic directives, and state administrative borrowing of federal regulatory standards. In both of these situations, the state constitution may constrain the ability of state agencies to administer programs in the way they desire, most commonly through a strict nondelegation doctrine purportedly rooted in the state constitutional separation of powers. The chapter rejects the approaches to these problems worked out by both federal and state courts in favor of an approach based on comparative institutional analysis, informed by the dual enforcement model. On this view, state constitutions should not be construed to bar state administrative compliance with or adoption of federal legal norms because state constitutional nondelegation doctrines are better understood as responses to governance failures peculiar to state-level democracy; failures that have no relevance when a state legislature indirectly delegates power to the national government rather than to an organ of state government. This helps to shed light on the nature of executive power at the state level, particularly where national goals are at issue.Less
This chapter demonstrates the conceptual payoff in the context of the interplay between state and national legislative and executive power by focusing on two recurring problems of cooperative federalism: state implementation of federal programmatic directives, and state administrative borrowing of federal regulatory standards. In both of these situations, the state constitution may constrain the ability of state agencies to administer programs in the way they desire, most commonly through a strict nondelegation doctrine purportedly rooted in the state constitutional separation of powers. The chapter rejects the approaches to these problems worked out by both federal and state courts in favor of an approach based on comparative institutional analysis, informed by the dual enforcement model. On this view, state constitutions should not be construed to bar state administrative compliance with or adoption of federal legal norms because state constitutional nondelegation doctrines are better understood as responses to governance failures peculiar to state-level democracy; failures that have no relevance when a state legislature indirectly delegates power to the national government rather than to an organ of state government. This helps to shed light on the nature of executive power at the state level, particularly where national goals are at issue.
John Knight and Sai Ding
- Published in print:
- 2012
- Published Online:
- May 2012
- ISBN:
- 9780199698691
- eISBN:
- 9780191739118
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199698691.001.0001
- Subject:
- Economics and Finance, South and East Asia, Financial Economics
How has the Chinese economy managed to grow at such a remarkable rate — no less than ten per cent per annum — for over three decades? This book combines economic theory, empirical estimation, and ...
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How has the Chinese economy managed to grow at such a remarkable rate — no less than ten per cent per annum — for over three decades? This book combines economic theory, empirical estimation, and institutional analysis to address one of the most important questions facing contemporary economists. A common thread that runs throughout the book is the underlying political economy: why China became a ‘developmental state’, and how it has maintained itself as a ‘developmental state’. The book examines the causal processes at work in the evolution of China's institutions and policies. It estimates cross-country and cross-province growth equations to shed light on the proximate, and some of the underlying, determinants of the growth rate. It explores important consequences of China's growth, posing a series of key questions, such as: Is the economy running out of unskilled labour? Why and how has inequality risen; has economic growth raised happiness? What are the social costs of the overriding priority accorded to growth objectives? Can China continue to grow rapidly, or will the maturing economy, or the macroeconomic imbalances, or financial crisis, or social instability, bring it to an end?Less
How has the Chinese economy managed to grow at such a remarkable rate — no less than ten per cent per annum — for over three decades? This book combines economic theory, empirical estimation, and institutional analysis to address one of the most important questions facing contemporary economists. A common thread that runs throughout the book is the underlying political economy: why China became a ‘developmental state’, and how it has maintained itself as a ‘developmental state’. The book examines the causal processes at work in the evolution of China's institutions and policies. It estimates cross-country and cross-province growth equations to shed light on the proximate, and some of the underlying, determinants of the growth rate. It explores important consequences of China's growth, posing a series of key questions, such as: Is the economy running out of unskilled labour? Why and how has inequality risen; has economic growth raised happiness? What are the social costs of the overriding priority accorded to growth objectives? Can China continue to grow rapidly, or will the maturing economy, or the macroeconomic imbalances, or financial crisis, or social instability, bring it to an end?
Klaus Stolz
- Published in print:
- 2010
- Published Online:
- July 2012
- ISBN:
- 9780719079795
- eISBN:
- 9781781703120
- Item type:
- chapter
- Publisher:
- Manchester University Press
- DOI:
- 10.7228/manchester/9780719079795.003.0004
- Subject:
- Political Science, Democratization
This chapter analyses the processes of institutionalisation and institutional reform in Catalonia and Scotland in order to identify and explain the capacity of regional politicians to act ...
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This chapter analyses the processes of institutionalisation and institutional reform in Catalonia and Scotland in order to identify and explain the capacity of regional politicians to act collectively in pursuit of their collective self-interest. It examines whether politicians have attempted to reform their institutions according to their own professional self-interest and how successful they have been in these attempts. The institutional analysis reveals that the collective action of regional politicians as a class for itself is related back to the institutional structure enabling and restricting their behaviour and to the established career patterns and to the internal structure of the political class in itself that are conditioning its territorial and functional cohesion.Less
This chapter analyses the processes of institutionalisation and institutional reform in Catalonia and Scotland in order to identify and explain the capacity of regional politicians to act collectively in pursuit of their collective self-interest. It examines whether politicians have attempted to reform their institutions according to their own professional self-interest and how successful they have been in these attempts. The institutional analysis reveals that the collective action of regional politicians as a class for itself is related back to the institutional structure enabling and restricting their behaviour and to the established career patterns and to the internal structure of the political class in itself that are conditioning its territorial and functional cohesion.
Paul Dragos Aligica
- Published in print:
- 2013
- Published Online:
- January 2014
- ISBN:
- 9780199843909
- eISBN:
- 9780199379026
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199843909.003.0003
- Subject:
- Economics and Finance, Macro- and Monetary Economics
This chapter looks at how the Ostroms and their collaborators have tried to respond to the methodological and epistemological challenge of heterogeneity and institutional diversity via the ...
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This chapter looks at how the Ostroms and their collaborators have tried to respond to the methodological and epistemological challenge of heterogeneity and institutional diversity via the construction of a knowledge-systematization, heuristic and analytical instrument: the Institutional Analysis and Development (IAD) framework. The chapter presents this original conceptual device central to the Bloomington School and advances its case by articulating a fresh and more refined theoretical sense of its significance, nature and functionsLess
This chapter looks at how the Ostroms and their collaborators have tried to respond to the methodological and epistemological challenge of heterogeneity and institutional diversity via the construction of a knowledge-systematization, heuristic and analytical instrument: the Institutional Analysis and Development (IAD) framework. The chapter presents this original conceptual device central to the Bloomington School and advances its case by articulating a fresh and more refined theoretical sense of its significance, nature and functions
Patricia H. Thornton, William Ocasio, and Michael Lounsbury
- Published in print:
- 2012
- Published Online:
- May 2013
- ISBN:
- 9780199601936
- eISBN:
- 9780191767036
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199601936.003.0003
- Subject:
- Business and Management, Organization Studies
This chapter elaborates a model of society as an inter-institutional system by developing a new institutional logic — the community logic. This elaboration extends Thornton's (2004) proliferation of ...
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This chapter elaborates a model of society as an inter-institutional system by developing a new institutional logic — the community logic. This elaboration extends Thornton's (2004) proliferation of Friedland and Alford's (1991) initial formulation of the inter-institutional system. The inter-institutional system is one of the central innovations of the institutional logics perspective. Developed as a model of ideal types, the chapter discusses the inter-institutional system's usefulness as a theoretical and methodological tool for developing institutional logics research. In particular, it discusses how it can be used to identify solutions to theoretical problems in institutional analysis, such as the partial autonomy of social structure and action, the definition of an institutional field, and the relationship between the concepts of power and agency.Less
This chapter elaborates a model of society as an inter-institutional system by developing a new institutional logic — the community logic. This elaboration extends Thornton's (2004) proliferation of Friedland and Alford's (1991) initial formulation of the inter-institutional system. The inter-institutional system is one of the central innovations of the institutional logics perspective. Developed as a model of ideal types, the chapter discusses the inter-institutional system's usefulness as a theoretical and methodological tool for developing institutional logics research. In particular, it discusses how it can be used to identify solutions to theoretical problems in institutional analysis, such as the partial autonomy of social structure and action, the definition of an institutional field, and the relationship between the concepts of power and agency.
Patricia H. Thornton, William Ocasio, and Michael Lounsbury
- Published in print:
- 2012
- Published Online:
- May 2013
- ISBN:
- 9780199601936
- eISBN:
- 9780191767036
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199601936.003.0004
- Subject:
- Business and Management, Organization Studies
This chapter explores the microfoundations of institutional logics and their role in the continuing reproduction and alteration of institutions and organizations. It considers Meyer and Rowan’s ...
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This chapter explores the microfoundations of institutional logics and their role in the continuing reproduction and alteration of institutions and organizations. It considers Meyer and Rowan’s (1977) and DiMaggio and Powell’s (1983) neoinstitutional theory which was developed as a theory of structural effects on organizations with a limited capacity for agency. It then considers more recent approaches which highlight the importance of social actors in various institutional practices. The chapter argues that social actors are in fact key to understanding institutional persistence and change. The chapter further elaborates on the model of microfoundations began in Chapter 3. This model, the chapter explains, is based on an understanding of actors as situated, embedded, and boundedly intentional actors. The model allows both for automatic taken-for-granted behavior, and agency and reflexivity. The chapter ends with a summary of what this model encompasses, how it differs to past theories and its future relevance.Less
This chapter explores the microfoundations of institutional logics and their role in the continuing reproduction and alteration of institutions and organizations. It considers Meyer and Rowan’s (1977) and DiMaggio and Powell’s (1983) neoinstitutional theory which was developed as a theory of structural effects on organizations with a limited capacity for agency. It then considers more recent approaches which highlight the importance of social actors in various institutional practices. The chapter argues that social actors are in fact key to understanding institutional persistence and change. The chapter further elaborates on the model of microfoundations began in Chapter 3. This model, the chapter explains, is based on an understanding of actors as situated, embedded, and boundedly intentional actors. The model allows both for automatic taken-for-granted behavior, and agency and reflexivity. The chapter ends with a summary of what this model encompasses, how it differs to past theories and its future relevance.
Patricia H. Thornton, William Ocasio, and Michael Lounsbury
- Published in print:
- 2012
- Published Online:
- May 2013
- ISBN:
- 9780199601936
- eISBN:
- 9780191767036
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199601936.001.0001
- Subject:
- Business and Management, Organization Studies
How do institutions influence and shape cognition and action in individuals and organizations, and how are they in turn shaped by them? Various social science disciplines have offered a range of ...
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How do institutions influence and shape cognition and action in individuals and organizations, and how are they in turn shaped by them? Various social science disciplines have offered a range of theories and perspectives to provide answers to this question. Within organization studies in recent years, several scholars have developed the institutional logics perspective. An institutional logic is the set of material practices and symbolic systems including assumptions, values, and beliefs by which individuals and organizations provide meaning to their daily activity, organize time and space, and reproduce their lives and experiences. In tracing the development of the institutional logics perspective from earlier institutional theory, the book analyzes seminal research, illustrating how and why influential works on institutional theory motivated a distinct new approach to scholarship on institutional logics. The book shows how the institutional logics perspective transforms institutional theory. It presents novel theory, further elaborates the institutional logics perspective, and forges new linkages to key literatures on practice, identity, and social and cognitive psychology. It develops the micro-foundations of institutional logics and institutional entrepreneurship, proposing a set of mechanisms that go beyond meta-theory, integrating this work with macro theory on institutional logics into a cross-levels model of cultural heterogeneity.Less
How do institutions influence and shape cognition and action in individuals and organizations, and how are they in turn shaped by them? Various social science disciplines have offered a range of theories and perspectives to provide answers to this question. Within organization studies in recent years, several scholars have developed the institutional logics perspective. An institutional logic is the set of material practices and symbolic systems including assumptions, values, and beliefs by which individuals and organizations provide meaning to their daily activity, organize time and space, and reproduce their lives and experiences. In tracing the development of the institutional logics perspective from earlier institutional theory, the book analyzes seminal research, illustrating how and why influential works on institutional theory motivated a distinct new approach to scholarship on institutional logics. The book shows how the institutional logics perspective transforms institutional theory. It presents novel theory, further elaborates the institutional logics perspective, and forges new linkages to key literatures on practice, identity, and social and cognitive psychology. It develops the micro-foundations of institutional logics and institutional entrepreneurship, proposing a set of mechanisms that go beyond meta-theory, integrating this work with macro theory on institutional logics into a cross-levels model of cultural heterogeneity.
