Local Coordinated Market Outcomes in a National Liberal Market Economy: the Greenville Model Pubblico

Abstract

In 2013, nearly 80% of the 25,000 students that graduated from Greenville Technical College were employed or continuing their education. The majority of those graduates obtained skills specifically directed at immediate entrance into the workforce. The county, previously known as the textile capitol of the world, has been able attract significant foreign direct investment in advanced manufacturing by promoting its highly skilled workforce. Greenville’s institutional ecology, led by Greenville Technical College and the Greenville Workforce Development Board, provides industry-wide portable skills to under and unemployed workers in Greenville County, uncommon in a liberal market economies like the United States. As such, Greenville represents both a practical and empirical puzzle. It is not only a hybrid between classic liberal market economies and coordinated market economies within the varieties of capitalism literature but it also provides policy makers with an example of interconnected institutions effective in industry-wide skills provision.

Table of Contents

Table of Contents                 

 

Section I: Introduction - 1

 

Section II: Theory and Methods - 6

 

            A: Origins of Varieties of Capitalism - 6

 

            B: Assumptions Made by Varieties of Capitalism - 7

 

            C: Pure Form Varieties of Capitalism - 8

 

            D: Complementary Institutions - 9

 

            E: Hybrid Case - 12

 

            F: CME vs LME Skill Outcomes - 14

 

            G: Methods - 18

 

Section III: Greenville Skill Outcomes - 20

 

            A: Industry-Wide Skill Provision - 20

           

            B: K-12 Public Education - 22

 

            C: Firm Specific Training - 24

 

            D: Apprenticeships - 25

 

Section IV: Classifying Greenville - 29

 

Section V: The Greenville Institutional Ecology - 33

 

            A: Investment Promotion Cluster - 35

 

            B: Workforce Development Cluster - 40

 

            C: Political Oversight Cluster - 47

 

Section VI: Institutional Equivalence and Complementarity - 51

 

            A: County Coherence - 51

 

            B: Advisory Boards - 53

 

            C: Investment Promotion - 55

 

            D: Localized Political Oversight - 58

 

            E: Greenville Works - 59

 

            F: Foreign Firm Leadership - 61

 

Section VII: Origins of the Greenville System - 62

 

Section VIII: Conclusions - 64

 

About this Honors Thesis

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School	Emory College
Department	Political Science
Degree	B.A.
Submission	Honors Thesis
Language	English
Research Field	Political Science, General
Parola chiave	Institutions Coordinated market economy Vocational education Varieties of capitalism Technical education
Committee Chair / Thesis Advisor	Doner, Richard, Emory University
Committee Members	Remington, Thomas, Emory University Rich, Michael, Emory University Rosensweig, Jeffrey, Emory University

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