
Contents
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Path Dependence Path Dependence
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Functional Adaptation: Market Pressures and Creative Destruction Functional Adaptation: Market Pressures and Creative Destruction
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Elite Economic Strategies Elite Economic Strategies
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Social Conflict Social Conflict
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Critical Regulation Theory: Toward an Integrative Framework Critical Regulation Theory: Toward an Integrative Framework
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Framework of This Book Framework of This Book
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2 Explaining Regulatory Change
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Published:April 2012
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Abstract
This chapter examines national trajectories of labor and social regulation over the past thirty years of Asian development and reform. It also considers the ways in which dominant elites have responded to a variety of labor-related economic and sociopolitical pressures by reconfiguring labor systems through regulatory reform. The chapter begins with a discussion of some of the key influences on institutional change, with particular emphasis on path dependence, functional adaptation, strategic innovation, and social conflict. It then explores critical regulation theory, best exemplified in the social structures of accumulation school and in French regulation theory, in relation to regulatory regimes. It also analyzes the notion of ideational interests that has been emphasized in a number of accounts of the origins of both neoliberalism and of the regulatory innovations accompanying market reform. The chapter concludes by assessing the socioeconomic context of labor systems.
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