Making Sense of Internationalization
Making Sense of Internationalization
This last chapter sums up the basic message and draws some conclusions. Rather than opposing convergence and divergence, how supranational convergence breeds new local divergence should be explained. The impact of international developments is always mediated by local institutions and culture, and the latter may become more distinctive through the former. Previous processes of internationalization set the scene for the local fashioning of more recent processes. Recombination is the rule, and any national ‘model’ of any time is the result of earlier recombinations of opposed tendencies. The institutions associated with the South Germanic bedrock and coordinated market economies, specifically, are viable by recombination, as institutions invariably are. They should not be blamed for the handling of German unification — a unique phenomenon in the world — handled with a mixture of heroism and blunders, the latter mainly with respect to the distribution of the social security and employment policy financial burden.
Keywords: coordinated market economies, capitalism, business systems, meta-tradition, theoretical eclecticism, recombination
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