ABSTRACT
This chapter begins with a brief discussion on comparative capitalism. It describes the Varieties of Capitalism (VoC) approach, which serves as the framework of this study. The chapter explores the related critiques and debates in the literature, which includes the classification of capitalist types, and focuses on industrialized states and the effect of differing types of capitalism on important outcomes such as growth, innovation or the provision of common goods. It also focuses on the recent application of this body of literature as a possible driver of environmental outcomes, especially those that apply to international emissions markets and emerging economies. The chapter presents the various critiques of the VoC approach, and the comparative capitalism framework remains a useful starting point for understanding these issues within the emerging market economies (EMEs). It explains an innovative research method called Qualitative Comparative Analysis (QCA) to help address the issue of non-linearity.
