New Varieties of State Capitalism: Strategic and Governance Implications. Aldo Musacchio, December 4, 2014, Paper. “We analyze the new varieties of state capitalism in the twenty first century and explore their implications in terms of both strategic and governance outcomes. We begin by discussing how the current theoretical perspectives conceptualize state owned enterprises (SOE) strategic behavior. Then, we present a stylized distinction between four broad, new varieties of state capitalism…” May require purchase or user account. Link