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Neo-institutionalism: the role of institutions in political-economic performance

Research output: Chapter in Book/Report/Conference proceeding › Chapter (Book) › Research › peer-review

Abstract

This chapter reviews the development of neo-institutional theory in comparative political economy. It begins with early institutional explanations of variation in national economic performance. This is followed by a discussion of the historical institutionalist and economic governance approaches and then the varieties of capitalism school and its challengers, including those emphasizing the important role of norms, values and ideas as central to economic decision-making and action.

Original languageEnglish
Title of host publicationHandbook of Comparative Political Economy
EditorsMarino Regini
Place of PublicationCheltenham UK
PublisherEdward Elgar Publishing
Chapter1
Pages30-47
Number of pages18
Edition1st
ISBN (Electronic)9781035327782
ISBN (Print)9781035327775
DOIs
Publication statusPublished - 2025
Externally publishedYes

Keywords

  • Economic performance
  • Globalization
  • Neo-institutionalism
  • Neoliberalism
  • Political economy

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