This paper reviews several macro-level concepts describing institutional change in advanced capitalism: financialization, dualization and transnationalization. The review shows that these perspectives may complement one another, but also suffer from a common limitation — namely, the failure to...

How do national-level institutions relate to national comparative advantages? We seek to shed light on this question by exploring two different sets of hypotheses based on the Varieties of Capitalism and other branches of comparative capitalisms literature. Applying fuzzy-set qualitative...

In this paper we analyze the comparative capitalisms literature, which encompasses several analytical frameworks, but shares common concerns in understanding the institutional foundations of diverse national 'varieties' of capitalism. One widespread weakness within this literature has been its...