We will look at the largest economies in the world and then take a look at the top 10 examples of capitalism around the world. It has always been open to trade and a large exporter. Innovative Business Models and Varieties of Capitalism: Financialization of the U.S. See all 3 images. Switzerland’s economy values entrepreneurship and innovation. For example, the Scandinavian countries can serve here as an example; they are usually indicated in the literature as a variant of coordinated capitalism, although they created patterns of innovation and information technologies comparable to the Anglo-American model [Amable, 2003; Castells and Himanem, 2009]. Hong Kong benefits from being open to international businesses from both the West and Asia. Capitalism’s global victory has been achieved through two different types of capitalist systems: the liberal meritocratic capitalism that has developed incrementally in the West, and the state-led authoritarian capitalism that is exemplified by China. Varieties of Capitalism illuminate in a profound way how both scholars and policy makers will benefit when they link macro- and micro-level analyses across the many different sectors that define contemporary capitalism in its many forms. Ireland has made itself a friendly place for multinational corporations to do business. Insofern wird in vielen empirischen Arbeiten die Erosion des „deutschen Modells“ nachgezeichnet und mit der von Hall und Soskice postulierten Stabilität dieses Modells kontrastiert.[5]. 1. We argue that the current search for new bases for accu-mulation is leading to reforms designed to weaken the position of labour. The UK led the Industrial Revolution and developed a huge manufacturing sector. The majority of oil goes to the US. It has low taxes and freedom for businesses to operate and trade internationally. Exports and imports make up a little over half of the country’s GDP. Demnach können Marktbeziehungen, Hierarchien, hybride Formen, aber auch Kooperation und Deliberation unterschieden werden. Learn more. Technically, it is a Special Administrative Region of China. However, that area of their economy has slowed in recent years. Capitalism can be a very successful economic model. Hall (Editor), David Soskice (Editor) 5.0 out of 5 stars 3 ratings. Thomas Cusack, Torben Iversen, David Soskice: Wissenschaftszentrum Berlin für Sozialforschung, Max-Planck-Institut für Gesellschaftsforschung, Literaturliste auf der Wiwi-Werkbank erstellt durch die ZBW – Deutsche Zentralbibliothek für Wirtschaftswissenschaften Leibniz-Informationszentrum Wirtschaft, https://de.wikipedia.org/w/index.php?title=Varieties_of_Capitalism&oldid=198727276, „Creative Commons Attribution/Share Alike“. There are different ways to look at them and rank them. Learn more. And no message shouts “FREEDOM” louder than their success. The largest importers are China, Hong Kong, the US, Japan, and Singapore. The following are examples of capitalism. They are open to international trade and friendly towards large, international corporations. 75 percent of Canada’s exports are sent to the US. This research is based on a sample of countries operating in coordinated market economies and liberal market economies. Singapore is a small country with big economic power. Singapore’s economy is very developed. Among the most researched economies, at least two more institu-tional models have been recognised, namely Mediterra- neanMarketEconomies(MMEs)andEasternEuropean Market Economies (EMEs). Because China’s economy is more restrictive, many people and businesses go to Hong Kong to trade and invest. Since then it has quickly risen to become a top five oil exporter in the world. 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