On Typologies of Capitalist Systems

The article provides a comparative analysis of modern institutional approaches to the typology of capitalist economic systems. In the context of globalisation, digitalisation and transnationalisation of the world economy, there is a growing interest in institutional diversity, forms of economic coordination, the structures of corporate governance, the role of the state and the interaction of formal and informal institutions. The author systematises and analyses key approaches to the typology of modern economic systems, including the theories of varieties of capitalism (VoC) and varieties of institutional systems (VIS). Particular attention is paid to analysing their applicability to countries with different levels of socio-economic development, in particular non-Western economies. The author emphasises the need to move away from binary classifications in favour of multilevel, hybrid models that take into account the political and economic particularities of different regions of the world

Capitalism · Capitalist system · Context (archaeology) · Institutional economics · New institutional economics · Politics · State (computer science) · Typology · Economic Development and Digital Transformation · Economic, Social, and Public Health Issues in Russia and Globally · World Systems and Global Transformations