Convergence and divergence between American and European capitalisms. A long term perspective Cover Image

Convergence and divergence between American and European capitalisms. A long term perspective
Convergence and divergence between American and European capitalisms. A long term perspective

Author(s): Luciano Segreto
Subject(s): Politics / Political Sciences, Politics, Social Sciences, Economy, Economic policy, Socio-Economic Research
Published by: Wydawnictwo Politechniki Gdańskiej
Keywords: US capitalism; European capitalism;globalization; economic convergence process;interdependence;

Summary/Abstract: The main aim of the article is to present a long-term perspective in comparing American and European capitalism. While for decades, the US economic and business system has been considered a model, in recent times many elements suggest that it is losing most of the factors of its attractiveness. The economic and financial crisis, the end of American «exceptionalism», the increasing interdependency with the globalization process are depicting a world where a convergence process among different models is emerging, but without eliminating national economic and business cultures.

  • Issue Year: 8/2013
  • Issue No: 4
  • Page Range: 19-34
  • Page Count: 16
  • Language: English
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