32Received 14.05.2025. Revised 09.06.2025. Accepted 25.08.2025.
Acknowledgements. The article has been supported by a grant of the Institute for International Studies (MGIMO University), project no. 2025-04-07.
Abstract. The article provides a comparative analysis of modern institutional approaches to the typology of capitalist economic systems. In the context of globalisation, digitalisation and transnationalisation of the world economy, there is a growing interest in institutional diversity, forms of economic coordination, the structures of corporate governance, the role of the state and the interaction of formal and informal institutions. The author systematises and analyses key approaches to the typology of modern economic systems, including the theories of varieties of capitalism (VoC) and varieties of institutional systems (VIS). Particular attention is paid to analysing their applicability to countries with different levels of socio-economic development, in particular non-Western economies. The author emphasises the need to move away from binary classifications in favour of multilevel, hybrid models that take into account the political and economic particularities of different regions of the world.
Keywords: varieties of capitalism, institutional analysis, globalization, economic systems, typologies, formal and informal institutions, non-Western countries
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