Paradox of capitalist game rules : coexistence of ownership concentration and employment volatility

63 p.

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Bibliographic Details
Main Author:	Pan, Rongfang
Other Authors:	Richard Wayne Carney
Format:	Theses and Dissertations
Published:	2011
Subjects:	DRNTU::Social sciences
Online Access:	http://hdl.handle.net/10356/47407
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Institution:	Nanyang Technological University

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spelling	sg-ntu-dr.10356-474072020-11-01T08:31:50Z Paradox of capitalist game rules : coexistence of ownership concentration and employment volatility Pan, Rongfang Richard Wayne Carney S. Rajaratnam School of International Studies DRNTU::Social sciences 63 p. Despite the significance of institutional complementarity in understanding business strategies and activities among most industrialized countries, some Asian economies have nevertheless exhibited pronounced conflicting arrangements particularly between concentrated corporate ownership structure and volatile labour markets. This paper argues that non-democratic regimes offer a better justification for this non-complementary game rules than other political institutions such as electoral system and partisanship; and heavy reliance on foreign direct investment acts as a catalyst to the mechanism. Statistical analysis testing individual and combined effects of the two factors, as well as qualitative assessments of three "Asian Tigers" provide robust and consistent evidence to the argument. Empirically, the Asian model may be suggestive to the ongoing debate about the future of capitalism triggered by the global financial crisis. Master of Science (International Political Economy) 2011-12-27T07:28:30Z 2011-12-27T07:28:30Z 2011 Thesis http://hdl.handle.net/10356/47407 Nanyang Technological University application/pdf
institution	Nanyang Technological University
building	NTU Library
continent	Asia
country	Singapore Singapore
content_provider	NTU Library
collection	DR-NTU
topic	DRNTU::Social sciences
spellingShingle	DRNTU::Social sciences Pan, Rongfang Paradox of capitalist game rules : coexistence of ownership concentration and employment volatility
description	63 p.
author2	Richard Wayne Carney
author_facet	Richard Wayne Carney Pan, Rongfang
format	Theses and Dissertations
author	Pan, Rongfang
author_sort	Pan, Rongfang
title	Paradox of capitalist game rules : coexistence of ownership concentration and employment volatility
title_short	Paradox of capitalist game rules : coexistence of ownership concentration and employment volatility
title_full	Paradox of capitalist game rules : coexistence of ownership concentration and employment volatility
title_fullStr	Paradox of capitalist game rules : coexistence of ownership concentration and employment volatility
title_full_unstemmed	Paradox of capitalist game rules : coexistence of ownership concentration and employment volatility
title_sort	paradox of capitalist game rules : coexistence of ownership concentration and employment volatility
publishDate	2011
url	http://hdl.handle.net/10356/47407
_version_	1683494244024582144

Paradox of capitalist game rules : coexistence of ownership concentration and employment volatility

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