This article challenges the notion that the reform of accounting principles in accordance with fair value would provide better information, and that more transparency would reinforce the resilience of the economy. Actually, fair value gives at each instant a seemingly relevant liquidation value,...

Martin Houml;pner`s paper was written to structure discussions at a workshop of the `Complementarity Project`, which was held in Paris, 26-27 September 2003. The project was organized by Bruno Amable and Robert Boyer (CEPREMAP, Paris), Colin Crouch (EUI, Florence), Martin Houml;pner and Wolfgang...

This book integrates three levels of political-economic analysis: first a comparative institutional analysis of the varieties of capitalism in both Europe and Asia, second a macroeconomic analysis of industrial structural change and economic dynamics of the national economies in Europe and Asia,...