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| Tekijä: | Schneider, B.R. Soskice, D. |
| Otsikko: | Inequality in developed countries and Latin America: coordinated, liberal and hierarchical systems |
| Lehti: | Economy and Society
2009 : FEB, VOL. 38:1, p. 1752 |
| Asiasana: | inequality latin america multinational companies skills |
| Vapaa asiasana: | electoral system varieties of capitalism diversified business groups |
| Kieli: | eng |
| Tiivistelmä: | This article explains the enduring differences in inequality and welfare states across advanced economies in terms of capitalism (henceforth as: cap.) and political systems. In countries where cap. is coordinated, the political systems are consensus-based with proportional representation (PR). In those countries where cap. is liberal, political systems are competitive with majoritarian voting. A model of hierarchical cap. is developed to show how this reinforces and is reinforced by a Latin American political system with majoritarian presidents and PR legislatures to generate high and persistent inequality and reduce development options. |
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