A comparative political economy of diversified business groups, or how states organize big business
Diversified business groups are present in nearly all economies and dominate the private sector in most developing countries. This article seeks to add to existing theories, primarily economic and sociological, by analyzing the policies and state actions that promote and sustain business groups, and...
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| Format: | Article |
| Language: | en_US |
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Routledge
2011
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| Online Access: | http://hdl.handle.net/1721.1/63179 https://orcid.org/0000-0001-9227-7805 |
| _version_ | 1826200780179243008 |
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| author | Schneider, Ben Ross |
| author2 | Massachusetts Institute of Technology. Department of Political Science |
| author_facet | Massachusetts Institute of Technology. Department of Political Science Schneider, Ben Ross |
| author_sort | Schneider, Ben Ross |
| collection | MIT |
| description | Diversified business groups are present in nearly all economies and dominate the private sector in most developing countries. This article seeks to add to existing theories, primarily economic and sociological, by analyzing the policies and state actions that promote and sustain business groups, and contribute to significant cross-national variations among them along dimensions of size, range of diversification, and reactions to globalization. The political economy explanation presented here emphasizes the role of politics and policy - especially regulatory policies and overall development strategies - in setting the external parameters of variation among groups, and also incorporates additional internal economic logics (economies of scope and risk reduction). This political economic approach helps distinguish the core logics of three main kinds of business groups - organic, portfolio, and policy-induced - that have reacted differently to recent trends in market reform and globalization. |
| first_indexed | 2024-09-23T11:41:38Z |
| format | Article |
| id | mit-1721.1/63179 |
| institution | Massachusetts Institute of Technology |
| language | en_US |
| last_indexed | 2024-09-23T11:41:38Z |
| publishDate | 2011 |
| publisher | Routledge |
| record_format | dspace |
| spelling | mit-1721.1/631792022-10-01T05:19:18Z A comparative political economy of diversified business groups, or how states organize big business Schneider, Ben Ross Massachusetts Institute of Technology. Department of Political Science Schneider, Ben Ross Schneider, Ben Ross Diversified business groups are present in nearly all economies and dominate the private sector in most developing countries. This article seeks to add to existing theories, primarily economic and sociological, by analyzing the policies and state actions that promote and sustain business groups, and contribute to significant cross-national variations among them along dimensions of size, range of diversification, and reactions to globalization. The political economy explanation presented here emphasizes the role of politics and policy - especially regulatory policies and overall development strategies - in setting the external parameters of variation among groups, and also incorporates additional internal economic logics (economies of scope and risk reduction). This political economic approach helps distinguish the core logics of three main kinds of business groups - organic, portfolio, and policy-induced - that have reacted differently to recent trends in market reform and globalization. Tinker Foundation 2011-06-03T19:21:18Z 2011-06-03T19:21:18Z 2009-05 Article http://purl.org/eprint/type/JournalArticle 0969-2290 1466-4526 http://hdl.handle.net/1721.1/63179 Schneider, Ben Ross(2009) 'A comparative political economy of diversified business groups, or how states organize big business', Review of International Political Economy, 16: 2, 178 — 201 https://orcid.org/0000-0001-9227-7805 en_US http://dx.doi.org/10.1080/09692290802453713 Review of International Political Economy Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use. application/pdf Routledge Prof. Schneider via Bob Kehner |
| spellingShingle | Schneider, Ben Ross A comparative political economy of diversified business groups, or how states organize big business |
| title | A comparative political economy of diversified business groups, or how states organize big business |
| title_full | A comparative political economy of diversified business groups, or how states organize big business |
| title_fullStr | A comparative political economy of diversified business groups, or how states organize big business |
| title_full_unstemmed | A comparative political economy of diversified business groups, or how states organize big business |
| title_short | A comparative political economy of diversified business groups, or how states organize big business |
| title_sort | comparative political economy of diversified business groups or how states organize big business |
| url | http://hdl.handle.net/1721.1/63179 https://orcid.org/0000-0001-9227-7805 |
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