790-357 3-3-08 - Comp poli econ Models of Change 2 models A...

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Comp poli econ 3-3-08 Models of Change – 2 models - A lot of pressures from globalization on advanced capitalist world ( the questions is what are these changes? - 1 - Convergence towards liberal model pressures of globalizations are going to cause CMES to undertake policy changes that will undermine the features of CME’s o High coordination – Natl have more coordination than sectoral but over time the national and sectoral cme’s begin to look more like liberal maret economies with less coordination - 2 - Neo-institutionalist - change along separate tracks in ways o Neo-institutionalist – evolution which would national market economies would converge adapt and change but would look more like sectoral o The authors argue that change would be more likely with this model than liberal models Factors impeding convergence ( why neo-institutionalist model of change is more likey) - Choices about opening economies o Integration into international markets involves decisions on policy and
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