“…For instance, a number of works have put the evolution of varieties of capitalism in historical perspective and identified drivers leading to the present diversity among advanced industrialized economies (Streeck and Yamamura, 2001;Thelen, 2004;Hancké et al, 2007;Cusack et al, 2010). In terms of evolution over time, research has explored the question of convergence (Djelic, 1998;Whitley, 1999;Deakin et al, 2016), but also an apparent trend towards liberalization (Thelen, 2014;Van der Zwan, 2014) and institutional adaptability more generally (Streeck and Thelen, 2005;Vogel, 2006;Witt, 2006;Hall and Thelen, 2009;Jackson and Deeg, 2012).…”