Liberal Market Economies

GPTKB entity

Statements (31)
Predicate Object
gptkbp:instanceOf Economic System
gptkbp:abbreviation gptkb:LME
gptkbp:characterizedBy flexible labor markets
competitive market arrangements
decentralized wage bargaining
general education and transferable skills
short-term financial relationships
gptkbp:contrastsWith gptkb:Coordinated_Market_Economies
gptkbp:corporateGovernance stock market-based
gptkbp:countryOfOrigin gptkb:Australia
gptkb:Canada
gptkb:Ireland
gptkb:New_Zealand
gptkb:United_Kingdom
gptkb:United_States
gptkbp:describedBy gptkb:Varieties_of_Capitalism
gptkbp:education generalist education
gptkbp:emphasizes market mechanisms
shareholder value
individual firm autonomy
gptkbp:financeType market-based finance
https://www.w3.org/2000/01/rdf-schema#label Liberal Market Economies
gptkbp:innovationType radical innovation
gptkbp:laborRelations weak trade unions
gptkbp:regulationStyle light regulation
gptkbp:socialPolicy means-tested welfare
gptkbp:theorizedBy gptkb:David_Soskice
gptkb:Peter_A._Hall
gptkbp:wageSetting individual or firm-level bargaining
gptkbp:bfsParent gptkb:Varieties_of_Capitalism
gptkbp:bfsLayer 7