The Routledge Handbook of Comparative Economic Systems examines the institutional bases of economies, and the different ways in which economic activity can function, be organized and governed. It examines the complexity of this academic and research field, assessing the place of comparative economic studies within economics, paying due attention to future perspectives, and presenting critically important questions, analytical methods and relative approaches. This complements the recent revival of the systemic view of economic governance, which was accelerated by the COVID-19 pandemic and likely even more the renewed East-West clash epitomized by the Russian invasion of Ukraine and the West’s reaction to it.

The Handbook is divided into five parts. Each part deals with an issue of relevance for the discipline. The first and second parts look at the subject, content and approach of the discipline and its comparative method. The third part looks at the idiosyncratic nature of different economic systems and their constituent elements. The fourth part considers the outcomes that different economic systems generate and how these outcomes change following the evolution and transformation of economic systems. The last part takes stock and looks ahead at the challenges, from a theoretical and applied perspective, and the exogenous and endogenous factors promoting the advancement of the discipline, including the interaction between and competition among varied approaches and opposing paradigms.

The Handbook brings together leading international contributors to reflect on the relevant debates and case or country studies, provides a balanced overview of the results achieved and current knowledge, as well as evolving issues and new fields of research. The book provides researchers, students and analysts with a complete, critical and forward-looking presentation and analysis of the content, development, challenges and perspectives of comparative economic studies.

Chapters 4 and 22 of this book are available for free in PDF format as Open Access from the individual product page at www.routledge.com. Chapter 4 has been made available under a Creative Commons Attribution 4.0 license and Chapter 22 has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

chapter |24 pages


The Distinct Role and Mission of Comparative Economic Systems

part I|140 pages

Comparative economic studies and the economic system: Theoretical and analytical approaches

chapter 3|12 pages

Economic Systems

Nature, Performance, Prospects

chapter 4|22 pages

Elements of an Evolutionary Approach to Comparative Economic Studies

Complexity, Systemism, and Path-Dependent Development

chapter 6|21 pages

Comparative Economic Systems and the Issue of Resilience

Overview of the Classical Literature and Basic Problems of Conceptualization

part II|138 pages

The comparative method: Comparative economics and comparisons of economic systems and economies

chapter 9|12 pages

Comparing Alternative Economic Systems

Old and New Approaches

chapter 14|23 pages

Comparative Economic Studies of Transition

Four Lessons from Analytical Reviews of the Literature

part III|130 pages

Actors, values and interactions in economic systems

chapter 30415|25 pages

Transversal Skills in Higher Education Curricula

Empirical Evidence from Austria, Ireland and Portugal

chapter 17|14 pages

What is the Potential Cost of Gender Inequality in Lost Earnings?

Global Estimates Based on the Changing Wealth of Nations

chapter 18|18 pages

Entrepreneurship in the Platform Economy

Power Asymmetries and Risk

chapter 19|14 pages

Is it Possible to Improve Simultaneously Firm Performance and Workplace Well-Being?1

Small and Medium-Sized Enterprises in European Comparison

chapter 21|22 pages

Parallel Processes and Divergent Outcomes

The Transformation of the Economies of Former Socialist Countries

part IV|128 pages

Markets, governance, performance and change of economic systems

chapter 43422|13 pages

Systemic Governance1

chapter 24|10 pages

Governance Issues in Development

A China–India Comparative Study

chapter 26|19 pages

Varieties of Capitalism in Central and Eastern Europe

A Ferry Boat Region

chapter 28|23 pages

International Tax Evasion

Sources, Paths, and Destinations

part V|173 pages

Looking back and forging ahead: Where are comparative economic studies heading?

chapter 31|13 pages

Global Health Care System after Coronavirus

Who Has Responsibility to Protect

chapter 36|21 pages

China's Belt and Road Initiative

New Research Agenda of Global Infrastructure Initiatives1

chapter 37|13 pages

From Economic Competition to the “Alliance of Values”

Reconstructing a “New World Order” or a “New Cold War”?