Arbeitspapier
From managed to market capitalism? German finance in transition
Deregulation, technological change, and the integration of markets increase the competitive pressures on forms of national and sectoral governance. The heart of the issue is whether the Continental, consensus-oriented model of capitalism is gravitating toward the Anglo-Saxon, market-oriented model. This essay examines the heuristic value of this convergence thesis, using the German financial sector and its relations to industry and government as a case in point. It will be argued that while institutional restructuring is taking place within Germany that reflects characteristics of Anglo-Saxon capitalism, institutional hurdles, such as federal structures and the veto power of certain societal lobbies, have thus far prevented such a convergence throughout the entire system.
- Sprache
-
Englisch
- Erschienen in
-
Series: MPIfG Discussion Paper ; No. 00/2
- Klassifikation
-
Sozialwissenschaften, Soziologie, Anthropologie
- Thema
-
Kapitalismus
Institutioneller Wandel
Finanzsektor
Bankensystem
Corporate Governance
Marktwirtschaft
Deutschland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Lütz, Susanne
- Ereignis
-
Veröffentlichung
- (wer)
-
Max-Planck-Institut für Gesellschaftsforschung
- (wo)
-
Köln
- (wann)
-
2000
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Lütz, Susanne
- Max-Planck-Institut für Gesellschaftsforschung
Entstanden
- 2000
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