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Full Description
German Ordoliberalism and French Regulation theory, two institutionalist theories born in different national contexts, show striking convergences and complementarities. Based on an original comparison, Institutional Economics in France and Germany analyses the basic concepts, the development and the present relevance of both schools, the way they deal with the crucial methodological issue of complexity and with transformation in post-socialist Europe. It underlines the specificity and fruitfulness of these European approaches to institutional economics, often unfortunately ignored in the English-language literature. Written by leading scholars, this book is a clear presentation of both theories, with numerous illustrations and in-depth analysis of recent research developments. This theoretical, methodological and thematic comparison raises central issues in the growing field of socioeconomic and institutionalist theory.
Contents
A The German Ordoliberalism and the French Regulation School in their National Contexts.- 1 Birth and Growth of the Regulation School in the French Intellectual Context (1970-1986).- 2 The Regulation Approach as a Theory of Capitalism: A New Derivation.- 3 German Contemporary Analyses of the Economic Order: Standard Ordnungstheorie, Ordoliberalism and Ordnungsökonomik in Perspective.- 4 A Systemic Perception of Eucken's Foundations of Economics.- B Evolution and Present Relevance of Ordoliberalism.- 5 The Evolution of Ordoliberalism in the Light of the Ordo Yearbook: A Bibliometric Analysis.- 6 Hayek and Eucken on the State and Market Economy.- 7 The Present Relevance of Ordnungstheorie for the Politics and the Economics of the Social Order.- C The Methodological Foundations Compared: The Issue of Complexity.- 8 Ordnungstheorie and Theory of Regulation Compared from the Standpoint of Complexity.- 9 How to Research Complex Systems: A Methodological Comparison of Ordoliberalism and Regulation Theory.- D Approaches to Transformation.- 10 Regulation Theory and Post-Socialist Transformation.- 11 The Contribution of Neoliberal Ordnungstheorie to Transformation Policy.- 12 Ordnungstheorie and Theory of Regulation: How Productive Are They? A Virtual Panel Discussion.- List of Authors.- List of Illustrations.- Index of Names.- Index of Subjects.
