How do the environments in which businesses operate condition their success or failure? Such questions have long been of interest in the fields of business, economics and politics. They have gained in importance as a result of heightened competitive pressures associated with "globalization". While some see certain institutions as burdens, others see them as a blessing. This book thoroughly examines the main claims of the most important contribution--the Varieties of Capitalism paradigm--to this debate in recent years.

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