Richard W Carney
Biographic Data
| ID | 1453077 |
|---|---|
| NAME | Richard W Carney |
| GIVEN NAMES | Richard W |
| FAMILY NAME | Carney |
| SIGNATURE | CARNEY R W |
| AFFILIATIONS | Australian National University |
| ORCID | 0000-0002-6953-8293 |
| VERIFIED | Yes |
| TOTAL WORKS | 16 |
| TOTAL CITATIONS | 31 |
| AUTHOR COUNT | 16 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2006 |
| LATEST PUBLICATION YEAR | 2023 |
| H-INDEX | 3 |
China's Chance to Lead: Acquiring Global Influence via Infrastructure Development and Digitalization
How is China acquiring global influence? Rather than focusing exclusively on China's interests, this book considers a vital but overlooked feature – the interests of recipient countries. Richard W. Carney argues that countries in which political leaders rely more heavily on clientelism coupled with greater control over the corporate sector have a higher demand for Chinese infrastructure spending. Through a combination of statistical analyses and …
China's Chance to Lead: Acquiring Global Influence Via Infrastructure Development and Digitalization
State Capitalism in East Asia
The chapter examines the relationship between political regimes and state capitalism in East Asia, with accompanying cases to illustrate the dynamics. A four-regime typology is used to characterize national political systems, including narrow authoritarian regimes (Brunei), single party authoritarian regime (China), dominant party authoritarian regime (Singapore), and democracy (Taiwan). With regard to the manifestation of state capitalism, we fo…
Political corporate social responsibility: The role of deliberative capacity
China's State Enterprises: Changing Role in a Rapidly Transforming Economy
China’s State Enterprises offers a nuanced and historically grounded analysis of China’s state-owned enterprises. The term “state enterprise” is specifically chosen to distinguish the state’s abili
Varieties of hierarchical capitalism: Family and state market economies in East Asia
Through an examination of East Asian economies, this paper proposes two new capitalist ideal types: family market economies and state market economies. In contrast to coordinated and liberal market economy types, the new capitalist ideal types proposed here display alternative forms of hierarchical coordination. These ideal types are also genuinely novel models of capitalism because they exhibit distinct and stable institutional structures and co…
What Do Changes in Corporate Ownership in Indonesia Tell Us
This article documents the pattern of corporate ownership in Indonesia before and after the 1997–98 Asian financial crisis. We draw on an original dataset that identifies ultimate owners of the country’s 200 largest publicly listed corporations in 1996 and 2008, and supplement these data with additional information about unlisted firms. Corporate ownership and business–government relations in this period exhibited continuities as well as notable …
Singapore
This article provides an overview of the institutional structure of the business system of Singapore. It explores the role of the state, the financial system, ownership, and corporate governance, the internal structure of the firm (management), employment relations, education and skills formation, inter-company relations (networks), and social capital. Because Singapore has a high gross domestic product per capita, its future growth increasingly …
The Role of the State in Asian Business Systems
This article examines how states influence the structure of national business systems in Asia. It begins with an overview of literature on the state’s role with regard to the institutional arrangements of capitalist systems in non-Asian as well as in Asia-specific contexts. It then turns to an examination of how well existing social science and business systems theories of the role of the state map onto contemporary Asian empirical realities. The…
The stabilizing state: State capitalism as a response to financial globalization in one-party regimes
One of the most important developments in the modern global economy is financial globalization. This has raised threats to the stability of political regimes in two ways: (1) by enhancing the possibility of a financial crisis that could cause political turmoil; and (2) by easing access to foreign sources of financing for opposition political groups. I argue that state capitalism – defined as state-owned publicly listed corporations – is greater a…
Corporate governance and political impediments to regional harmonization: Cases from East Asia
Is the harmonization of financial regulatory regimes possible in East Asia? Focusing on corporate governance, which many see as a critical part of the 1997 Asian financial crisis, and which is also seen as unresponsive to calls for change, this
Partisan Politics and Institutional (Re)Creation: Locating and Explaining the Origins of Modern Finance Capitalism
Why do some countries rely more heavily on equities markets, while others depend more on commercial banking? Analyses of the origins of contemporary capitalist institutions usually look back to the late nineteenth and early twentieth century. However, this paper demonstrates that financial institutions - regarded as central to the way capitalist systems are organised - changed radically in the mid-twentieth century in many countries. This paper a…
Contested Capitalism: The Political Origins of Financial Institutions
This book examines the political origins of financial institutions across fifteen developed democracies, with focused case studies on the US, France, Japan, Austria, and Germany. The institutional arrangements of financial systems are widely seen as a central distinguishing feature of ‘varieties of capitalism’. Through a wide-range of case studies, this book contends that political battles between landed interests, labor, and owners of capital ha…
Institutional (Dis)Incentives to Innovate: An Explanation for Singapore's Innovation Gap
Despite having the fifth highest per capita GDP in the world (according to IMF PPP statistics for 2007), and despite numerous government efforts to spur innovation, Singapore has faced difficulties in establishing a durable base of entrepreneurial activity. Many ascribe this failure to the city-state's policies, which are often portrayed as generating a culture of risk aversion and a lack of creativity. In contrast to this conventional view, this…
Chinese Capitalism in the OECD Mirror
Varieties of Capitalism in France: Interests, Institutions, and Finance
The stabilizing state: State capitalism as a response to financial globalization in one-party regimes
One of the most important developments in the modern global economy is financial globalization. This has raised threats to the stability of political regimes in two ways: (1) by enhancing the possibility of a financial crisis that could cause political turmoil; and (2) by easing access to foreign sources of financing for opposition political groups. I argue that state capitalism – defined as state-owned publicly listed corporations – is greater a…
Varieties of hierarchical capitalism: Family and state market economies in East Asia
Through an examination of East Asian economies, this paper proposes two new capitalist ideal types: family market economies and state market economies. In contrast to coordinated and liberal market economy types, the new capitalist ideal types proposed here display alternative forms of hierarchical coordination. These ideal types are also genuinely novel models of capitalism because they exhibit distinct and stable institutional structures and co…
What Do Changes in Corporate Ownership in Indonesia Tell Us
This article documents the pattern of corporate ownership in Indonesia before and after the 1997–98 Asian financial crisis. We draw on an original dataset that identifies ultimate owners of the country’s 200 largest publicly listed corporations in 1996 and 2008, and supplement these data with additional information about unlisted firms. Corporate ownership and business–government relations in this period exhibited continuities as well as notable …
Partisan Politics and Institutional (Re)Creation: Locating and Explaining the Origins of Modern Finance Capitalism
Why do some countries rely more heavily on equities markets, while others depend more on commercial banking? Analyses of the origins of contemporary capitalist institutions usually look back to the late nineteenth and early twentieth century. However, this paper demonstrates that financial institutions - regarded as central to the way capitalist systems are organised - changed radically in the mid-twentieth century in many countries. This paper a…
Corporate governance and political impediments to regional harmonization: Cases from East Asia
Is the harmonization of financial regulatory regimes possible in East Asia? Focusing on corporate governance, which many see as a critical part of the 1997 Asian financial crisis, and which is also seen as unresponsive to calls for change, this
Chinese Capitalism in the OECD Mirror
China's State Enterprises: Changing Role in a Rapidly Transforming Economy
China’s State Enterprises offers a nuanced and historically grounded analysis of China’s state-owned enterprises. The term “state enterprise” is specifically chosen to distinguish the state’s abili
Institutional (Dis)Incentives to Innovate: An Explanation for Singapore's Innovation Gap
Despite having the fifth highest per capita GDP in the world (according to IMF PPP statistics for 2007), and despite numerous government efforts to spur innovation, Singapore has faced difficulties in establishing a durable base of entrepreneurial activity. Many ascribe this failure to the city-state's policies, which are often portrayed as generating a culture of risk aversion and a lack of creativity. In contrast to this conventional view, this…
Varieties of Capitalism in France: Interests, Institutions, and Finance
Varieties of Capitalism in France: Interests, Institutions, and Finance
Contested Capitalism: The Political Origins of Financial Institutions
This book examines the political origins of financial institutions across fifteen developed democracies, with focused case studies on the US, France, Japan, Austria, and Germany. The institutional arrangements of financial systems are widely seen as a central distinguishing feature of ‘varieties of capitalism’. Through a wide-range of case studies, this book contends that political battles between landed interests, labor, and owners of capital ha…
Institutional (Dis)Incentives to Innovate: An Explanation for Singapore's Innovation Gap
Despite having the fifth highest per capita GDP in the world (according to IMF PPP statistics for 2007), and despite numerous government efforts to spur innovation, Singapore has faced difficulties in establishing a durable base of entrepreneurial activity. Many ascribe this failure to the city-state's policies, which are often portrayed as generating a culture of risk aversion and a lack of creativity. In contrast to this conventional view, this…
Chinese Capitalism in the OECD Mirror
Partisan Politics and Institutional (Re)Creation: Locating and Explaining the Origins of Modern Finance Capitalism
Why do some countries rely more heavily on equities markets, while others depend more on commercial banking? Analyses of the origins of contemporary capitalist institutions usually look back to the late nineteenth and early twentieth century. However, this paper demonstrates that financial institutions - regarded as central to the way capitalist systems are organised - changed radically in the mid-twentieth century in many countries. This paper a…
Singapore
This article provides an overview of the institutional structure of the business system of Singapore. It explores the role of the state, the financial system, ownership, and corporate governance, the internal structure of the firm (management), employment relations, education and skills formation, inter-company relations (networks), and social capital. Because Singapore has a high gross domestic product per capita, its future growth increasingly …
The Role of the State in Asian Business Systems
This article examines how states influence the structure of national business systems in Asia. It begins with an overview of literature on the state’s role with regard to the institutional arrangements of capitalist systems in non-Asian as well as in Asia-specific contexts. It then turns to an examination of how well existing social science and business systems theories of the role of the state map onto contemporary Asian empirical realities. The…
The stabilizing state: State capitalism as a response to financial globalization in one-party regimes
One of the most important developments in the modern global economy is financial globalization. This has raised threats to the stability of political regimes in two ways: (1) by enhancing the possibility of a financial crisis that could cause political turmoil; and (2) by easing access to foreign sources of financing for opposition political groups. I argue that state capitalism – defined as state-owned publicly listed corporations – is greater a…
Corporate governance and political impediments to regional harmonization: Cases from East Asia
Is the harmonization of financial regulatory regimes possible in East Asia? Focusing on corporate governance, which many see as a critical part of the 1997 Asian financial crisis, and which is also seen as unresponsive to calls for change, this
Varieties of hierarchical capitalism: Family and state market economies in East Asia
Through an examination of East Asian economies, this paper proposes two new capitalist ideal types: family market economies and state market economies. In contrast to coordinated and liberal market economy types, the new capitalist ideal types proposed here display alternative forms of hierarchical coordination. These ideal types are also genuinely novel models of capitalism because they exhibit distinct and stable institutional structures and co…
What Do Changes in Corporate Ownership in Indonesia Tell Us
This article documents the pattern of corporate ownership in Indonesia before and after the 1997–98 Asian financial crisis. We draw on an original dataset that identifies ultimate owners of the country’s 200 largest publicly listed corporations in 1996 and 2008, and supplement these data with additional information about unlisted firms. Corporate ownership and business–government relations in this period exhibited continuities as well as notable …
China's State Enterprises: Changing Role in a Rapidly Transforming Economy
China’s State Enterprises offers a nuanced and historically grounded analysis of China’s state-owned enterprises. The term “state enterprise” is specifically chosen to distinguish the state’s abili
State Capitalism in East Asia
The chapter examines the relationship between political regimes and state capitalism in East Asia, with accompanying cases to illustrate the dynamics. A four-regime typology is used to characterize national political systems, including narrow authoritarian regimes (Brunei), single party authoritarian regime (China), dominant party authoritarian regime (Singapore), and democracy (Taiwan). With regard to the manifestation of state capitalism, we fo…
Political corporate social responsibility: The role of deliberative capacity
China's Chance to Lead: Acquiring Global Influence via Infrastructure Development and Digitalization
How is China acquiring global influence? Rather than focusing exclusively on China's interests, this book considers a vital but overlooked feature – the interests of recipient countries. Richard W. Carney argues that countries in which political leaders rely more heavily on clientelism coupled with greater control over the corporate sector have a higher demand for Chinese infrastructure spending. Through a combination of statistical analyses and …
China's Chance to Lead: Acquiring Global Influence Via Infrastructure Development and Digitalization
Political science (15 works) · Economics (14 works) · Politics (10 works) · Capitalism (9 works) · Economic system (9 works) · Law (9 works) · Market economy (8 works) · Political economy (7 works) · Sociology (6 works) · Business (5 works)