ABSTRACT

This book analyzed the different growth patterns and accumulation processes in the world's leading industrial nations over the last century. A great variety of trajectories have been identified on the basis of some "stylized" facts. Yet, beyond the diversity, many similar trends are visible that point to a co-evolutionary pattern in the long-term growth dynamic of advanced capitalist nations. In this context we have applied the major hypotheses of the so-called "French School of Regulation," a heterodox approach to economic theory that emphasizes the succession or confrontation of different accumulation regimes and modes of regulation as the principal form of economic evolution.