New Book

What is the relationship between internal development and integration into the global economy in developing countries? How and why do state–market relations differ? And do these differences matter in the post-cold war era of global conflict and cooperation? Departing from the conventional wisdom of developmental versus neoliberal state and national versus subnational variation in globalization trajectories, Micro-institutional Foundations of Capitalism: Sectoral Pathways to Globalization in China, India, and Russia introduces a new model of globalization: “national configurations of sectoral models.”

Adopting a historical and comparative approach and examining sectors from textiles to telecommunications in China, India, and Russia, the book’s Strategic Value Framework illuminates the intersubjective and value-bounded rationality of state elites as they respond to internal and external pressures and the impacts of sectoral structures and organization of institutions. Bridging materialist arguments with constructivism and historical institutionalism, the book assesses the role of regime type and open economy politics in today’s globalization backlash.

The book’s multilevel comparative case research design draws from immersive fieldwork, leverages attention to context specificity and a variety of qualitative and quantitative data, and builds on Roselyn Hsueh’s comparative work on the politics of market reform and China’s regulatory state. Completed during the global pandemic, this important new book sheds light on the national sector-specific character of capitalistic development for the future of global conflict and cooperation.

To pre-order (paperback or hardcover), visit the Cambridge University Press website. 20% off with MIFC22 code at checkout. You can also find the book on Amazon.

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