La compétitivité et l'égalitarisme allemands et japonais à l'épreuve : Diversité du capitalisme mondialisé

Germany and Japan both have markets strongly embedded in non-economic social relations and coordinated economies. How have their economies inserted themselves into globalization processes? Germany and Japan models have neither converged upon an Anglo-American model nor retained their past strengths. Rather, they are currently hybridizing: elements of liberal institutions are being selectively inserted into non-liberal contexts. Viewed in this way, liberalization works against the past advantages of cooperation among insiders , but also threatens distributional compromises embedded within such long-term relationships. The ultimate choice for non-liberal capitalism goes beyond simply equality versus efficiency. Rapid convergence to a liberal model would not only damage equality, but may undermine long-term competitive advantages in terms of aggregate performance