Konzelmann, Suzanne J. and Fovargue-Davies, M. and Schnyder, G. (2010) Varieties of liberalism: Anglo-Saxon capitalism in crisis? Working Paper. Centre for Business Research, Cambridge, UK.
|
Text
CBR_403.pdf - Published Version of Record Download (407kB) | Preview |
Abstract
‘Global financial crisis’ is an inaccurate description of the current upheaval in the world’s financial markets. The initial banking crisis did not affect all countries to the same degree. Notably, while the US and UK banking systems were badly hit, those of the other two major Anglo-Saxon economies, Canada and Australia, remain largely unscathed and have even gained in terms of global market share. The national business systems and comparative corporate governance literatures underscore the similarities among these four ‘liberal market economies’ (LMEs) and would predict similar trajectories. This paper investigates the reasons behind the differing performance of the Anglo-Saxon banking systems, which defy a verdict of failure of the LME variety of capitalism as such.
Metadata
| Item Type: | Monograph (Working Paper) |
|---|---|
| Keyword(s) / Subject(s): | corporate governance, regulation, financial market instability, varieties of capitalism |
| School: | Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School |
| Research Centres and Institutes: | Responsible Business Centre |
| Depositing User: | Sue Konzelmann |
| Date Deposited: | 18 Jan 2013 14:34 |
| Last Modified: | 24 May 2025 04:36 |
| URI: | https://eprints.bbk.ac.uk/id/eprint/5865 |
Statistics
Additional statistics are available via IRStats2.
Archive Staff Only (login required)
