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- Publisher
- Springer Journals
- Copyright
- 1997 Japanese Economic Association
- ISSN
- 1352-4739
- eISSN
- 1468-5876
- DOI
- 10.1111/1468-5876.00032
- Publisher site
- See Article on Publisher Site
Abstract
Abstract There are various institutional differences between developed countries. This paper examines two of them—corporate governance and welfare systems—in the context of historical development. It has been usual in comparing developed countries to categorise their institutions as being either Anglo-American or European Continental. However, this paper shows that this typology may not be applicable to welfare systems, particularly in the American case. In regard to banking institutions, regulation has sometimes played a major role in determining historical development.
Journal
The Japanese Economic Review – Springer Journals
Published: Mar 1, 1997
Keywords: economics, general; microeconomics; macroeconomics/monetary economics//financial economics; econometrics; development economics; economic history