Today’s middle-income countries tend to be locked in a middle-income trap, unable to transition to higher income levels due to rising costs and declining competitiveness. While there is a broad consensus that upgrading these economies towards innovation-led growth is imperative, countless institutional and political economy obstacles remain. This book brings together analytical perspectives from comparative political economy, innovation studies, and development economics for the study of t...

This Element seeks to develop an empirical research agenda that explores the applicability of the growth model perspective in comparative political economy to emerging capitalist economies (ECEs). Such an approach emphasizes the variety of possible growth models and their implications for development, providing an alternative to universalizing economic models as prevalent in mainstream development discourse. Using national accounts data for several large ECEs in the period from 2001 to 202...

This textbook offers a comprehensive introduction to Political Economy. It combines comparative, international and historical perspectives into a holistic framework of analysis. Drawing on the work of Karl Polanyi, the book shows how capitalist economies differ around the globe and how they are embedded in the international economic order. Through a critical-institutionalist lens, it helps to account for the evolution of contemporary capitalism and addresses current topics at the intersect...

Dieses Lehrbuch liefert eine Einführung in das Feld der Politischen Ökonomie. Es verbindet die Perspektiven der Vergleichenden Politischen Ökonomie, der Internationalen Politischen Ökonomie und der Historischen Politischen Ökonomie zu einer umfassenden Darstellung. Auf Karl Polanyi aufbauend beleuchtet es, wie der Kapitalismus unterschiedliche Spielarten annimmt, wie seine Organisationsprobleme national wie auch international bearbeitet werden und wie er sich in einer Wellenbewegung forten...