TY - JOUR
T1 - State capitalism in international context
T2 - varieties and variations
AU - Wright, Mike
AU - Wood, Geoffrey
AU - Musacchio, Aldo
AU - Okhmatovskiy, Ilya
AU - Grosman, Anna
AU - Doh, Jonathan P.
PY - 2021/2
Y1 - 2021/2
N2 - State interventions in markets assume varieties of forms in different economic systems. To capture this variety, we consider state capitalism as a multidimensional concept, first reviewing its historical evolution from both practical and scholarly vantages. We describe several dimensions of state capitalism and demonstrate how cross-national variations can be captured through positioning countries along these dimensions. We use cross-sectional data for a large sample of countries to derive factors that represent key dimensions of state capitalism. We demonstrate how cross-national and historical variation in state capitalism is captured by this Virtual Special Issue and offer suggestions for future research.
AB - State interventions in markets assume varieties of forms in different economic systems. To capture this variety, we consider state capitalism as a multidimensional concept, first reviewing its historical evolution from both practical and scholarly vantages. We describe several dimensions of state capitalism and demonstrate how cross-national variations can be captured through positioning countries along these dimensions. We use cross-sectional data for a large sample of countries to derive factors that represent key dimensions of state capitalism. We demonstrate how cross-national and historical variation in state capitalism is captured by this Virtual Special Issue and offer suggestions for future research.
KW - Government
KW - International business
KW - Internationalization
KW - Political ideology
KW - Political institutions
KW - Sovereign wealth funds
KW - State capitalism
KW - State-owned enterprises
KW - State-owned multinationals
KW - Statism
UR - http://www.scopus.com/inward/record.url?scp=85096663302&partnerID=8YFLogxK
U2 - 10.1016/j.jwb.2020.101160
DO - 10.1016/j.jwb.2020.101160
M3 - Review article
AN - SCOPUS:85096663302
SN - 1090-9516
VL - 56
JO - Journal of World Business
JF - Journal of World Business
IS - 2
M1 - 101160
ER -