Diversity Of Capitalism In Central And Eastern Europe


Diversity Of Capitalism In Central And Eastern Europe
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Diversity Of Capitalism In Central And Eastern Europe


Diversity Of Capitalism In Central And Eastern Europe
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Author : Eric Magnin
language : en
Publisher: Springer Nature
Release Date : 2022-07-13

Diversity Of Capitalism In Central And Eastern Europe written by Eric Magnin and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-07-13 with Business & Economics categories.


This book explores the hypothesis of the emergence of a ‘dependent capitalism’ in Central and Eastern Europe. In a first theoretical part, this book presents the main approaches that structure the field of comparative capitalism and then examines this model shaped by the inflow of foreign capital. In an original way, it proposes to integrate the form of the monetary regime into the dependent capitalism analysis and to extend it to Balkan countries. The monetary regime is seen as complementary to the other elements of the institutional configuration of dependent capitalism. In the second part, the authors adopt a historical and empirical perspective. First, they demonstrate how dependent capitalism has emerged in Central and Eastern Europe and the Baltic States over the last 30 years as part of the process of socio-economic transformation that began in 1990. The crisis of 2008 was an indicator of this dependence on Western capital. Secondly, they extend the analysis to the Balkan countries and show that dependence is even stronger for them, particularly in the monetary area, as evidenced by the implementation of currency boards or euroization phenomena. This book is of interest to academics and students, as well as to business and economic policy makers.



Diversity Of Patchwork Capitalism In Central And Eastern Europe


Diversity Of Patchwork Capitalism In Central And Eastern Europe
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Author : Ryszard Rapacki
language : en
Publisher: Routledge
Release Date : 2019-06-10

Diversity Of Patchwork Capitalism In Central And Eastern Europe written by Ryszard Rapacki and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-10 with Political Science categories.


This book is a comparative study which sheds a new empirical and theoretical light on the nature of post-communist capitalism in 11 EU new member countries of Central and Eastern Europe, or CEE11. Extending and modifying a well-established conceptual framework for comparative capitalism rooted in new institutional economics and economic sociology, it offers a better explanation for transition-specific and path-dependent factors inherent to systemic transformation. Based on a vast dataset, the book therefore illuminates the (dis)similarities among the institutional architectures in the EU countries. Thus, the book argues that the evolving capitalism in Central and Eastern Europe exhibits strong symptoms of institutional ambiguity or a "patchwork" nature which makes it a distinct category from any of the co-existing models of Western European capitalism. This book will be of key interest to scholars and students of comparative political economy, Eastern European politics, post-communist studies and more broadly to researchers in the fields of economics, European politics and the wider social sciences. It will also be of significance to journalists, policymakers, members of international organizations and consultancies with an interest in Central and Eastern Europe and in European integration.



Capitalist Diversity On Europe S Periphery


Capitalist Diversity On Europe S Periphery
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Author : Dorothee Bohle
language : en
Publisher: Cornell University Press
Release Date : 2012-08-15

Capitalist Diversity On Europe S Periphery written by Dorothee Bohle and has been published by Cornell University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-08-15 with Political Science categories.


With the collapse of the Council for Mutual Economic Assistance in 1991, the Eastern European nations of the former socialist bloc had to figure out their newly capitalist future. Capitalism, they found, was not a single set of political-economic relations. Rather, they each had to decide what sort of capitalist nation to become. In Capitalist Diversity on Europe's Periphery, Dorothee Bohle and Béla Geskovits trace the form that capitalism took in each country, the assets and liabilities left behind by socialism, the transformational strategies embraced by political and technocratic elites, and the influence of transnational actors and institutions. They also evaluate the impact of three regional shocks: the recession of the early 1990s, the rolling global financial crisis that started in July 1997, and the political shocks that attended EU enlargement in 2004.Bohle and Greskovits show that the postsocialist states have established three basic variants of capitalist political economy: neoliberal, embedded neoliberal, and neocorporatist. The Baltic states followed a neoliberal prescription: low controls on capital, open markets, reduced provisions for social welfare. The larger states of central and eastern Europe (Poland, Hungary, and the Czech and Slovak republics) have used foreign investment to stimulate export industries but retained social welfare regimes and substantial government power to enforce industrial policy. Slovenia has proved to be an outlier, successfully mixing competitive industries and neocorporatist social inclusion. Bohle and Greskovits also describe the political contention over such arrangements in Romania, Bulgaria, and Croatia. A highly original and theoretically sophisticated typology of capitalism in postsocialist Europe, this book is unique in the breadth and depth of its conceptually coherent and empirically rich comparative analysis.



Capitalism And Democracy In Central And Eastern Europe


Capitalism And Democracy In Central And Eastern Europe
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Author : Grzegorz Ekiert
language : en
Publisher: Cambridge University Press
Release Date : 2003-09-15

Capitalism And Democracy In Central And Eastern Europe written by Grzegorz Ekiert and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-09-15 with History categories.


This volume presents a shared effort to apply a general historical-institutionalist approach to the problem of assessing institutional change in the wake of communism's collapse in Europe. It brings together a number of leading senior and junior scholars with outstanding reputations as specialists in postcommunism and comparative politics to address central theoretical and empirical issues involved in the study of postcommunism. The authors address such questions as how historical 'legacies' of the communist regime be defined, how their impact can be measured in methodologically rigorous ways, and how the effects of temporal and spatial context can be taken into account in empirical research on the region. Taken as a whole, the volume makes an important contribution to the growing literature by utilizing the comparative historical method to study key problems of world politics.



Good Governance In Central And Eastern Europe


Good Governance In Central And Eastern Europe
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Author : Herman Willem Hoen
language : en
Publisher: Edward Elgar Publishing
Release Date : 2001-01-01

Good Governance In Central And Eastern Europe written by Herman Willem Hoen and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-01-01 with Political Science categories.


'Undeniably Good Governance in Central and Eastern Europe provides many insights in the political economy of institutional reform and constitutes an important contribution to the growing literature on "second-generation" reforms.' - Carlos Santiso, Democratization The implementation of a democratic order embedded in a market economy environment has proved immensely difficult. Furthermore, this process is subject to tremendous variety within Central and Eastern Europe. Ten years after the collapse of communism it was apparent that only Poland and Slovenia surpassed their 1989 levels of GDP. This book scrutinises the arrangements to enforce good governance in this area both by means of external help and domestic political leadership. From the popular assumption that transformation is a collective good, it follows that the problem of free-riding has to be faced. Consequently there is a danger that transformation may never be completed. This book empirically tests the relationship between economic performance and good governance focusing upon voluntary coercion as a means to prevent free-riding behaviour. The author examines the role of international organisations and discusses elite formation as an important element of good governance - something often ignored in the economic analysis of economic performance.



Democratic And Capitalist Transitions In Eastern Europe


Democratic And Capitalist Transitions In Eastern Europe
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Author : M. Dobry
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Democratic And Capitalist Transitions In Eastern Europe written by M. Dobry and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Science categories.


here ofexchange, and borrowing in debates between these disciplines, all the more so, as we shall see a little further on, as the analysis of the Central and East European transformations has also contributed to introduce into political science and sociology theoretical systematizations first formulated in economics. In addition to this opening up to the objects and theories of economics, the pseudo-"dilemma" ofsimultaneity produced, by a kind of feedback, another series of effects on transitology and the related research domains. Contrary to most expectations and predictions in the wake ofthe 1989 upheavals - affirmations that the "dilemmas", "problems" or "challenges" of the transitions in Central and Eastern Europe ought to have been dealt with and resolved one after the other in sequence, in the manner of the more or less idealized trajectories of Great Britain or Spain (trajectories significantly enough promoted, far beyond the circles of scholars, as a "model" of transition), and above all, contrary to the assumption that superposing a radical economic transformation upon a transition to democracy would make the whole edifice thoroughly unworkable, unstable or dangerous - it must be stated clearly out that the two processes, in their "simultaneity", are not necessarily incompatible. This is one of the main findings stressed upon in several chapters of this book.



Is The European Union Capable Of Integrating Diverse Models Of Capitalism


Is The European Union Capable Of Integrating Diverse Models Of Capitalism
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Author : Alison Johnston
language : en
Publisher: Routledge
Release Date : 2021-03-31

Is The European Union Capable Of Integrating Diverse Models Of Capitalism written by Alison Johnston and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-31 with Political Science categories.


The 2009 European sovereign debt crisis and the EU’s policy response to it have prompted scholars to re-think whether diverse national models of capitalism can thrive within the European Union (EU). Are some national economic systems better suited to adapt to European integration than others, and if so, why? Contributions within this volume provide a qualified yes to these questions raised, concluding that the EU favors export-led growth models while it penalizes and discourages domestic consumption-oriented growth paths, particularly those that are financed by debt-accumulation. The book questions whether the EU is capable of integrating these diverse capitalist regimes. This volume adds a comparative capitalism perspective to EU integration scholarship in order to demonstrate that ever-closer union is not capable of accommodating diversity in national economic institutions. Chapters in this volume provide an innovative framework for understanding what factors related to European integration impede the economic and political integration of diverse European market economies. While recent comparative capitalism literature highlights that European monetary integration has favored export-led growth regimes, contributions in this volume outline that the EU’s prioritization of export-led growth over domestic-demand led growth is present in other facets of integration, including EU accession, financial integration, the free movement of people, fiscal governance and the Europe 2020 growth strategy. The chapters in this book were originally published as a special issue of New Political Economy.



Constructing Capitalisms


Constructing Capitalisms
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Author : Roderick Martin
language : en
Publisher: OUP Oxford
Release Date : 2013-03-28

Constructing Capitalisms written by Roderick Martin and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-28 with Business & Economics categories.


The balance of economic power in Europe is shifting eastwards. Poland, the Czech Republic, Hungary, and Romania have all seen increases in their contributions to international trade and in the rate of GDP growth, whilst other countries have seen declines, and firms in these Central and Eastern European economies are becoming increasingly influential participants in international production systems, centred largely on Germany. This book presents an up-to-date, theoretically informed analysis of how these four countries have developed distinctive business systems since the political revolutions that transformed this region in 1989, combining the structures of liberal market capitalism established in the 1990s with practices established earlier. Influenced by the socialist inheritance of communism and increasingly diverse sources of capital, different forms of capitalism developed, less responsive to shareholder interests, and more responsive to managerial and national strategic interests This book concentrates on changing patterns of ownership and control, means of capital accumulation, the relations among multinationals, regional enterprises, and governments, and the role of the state. Whilst recognizing the role of multinationals in generating export-led growth, the book emphasizes the central role of government at national and international level. The forms of capitalism under construction differ from expectations common in the 1990s, combining elements from both US/UK and continental European models of capitalism.



Eastern European Capitalism In The Making


Eastern European Capitalism In The Making
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Author : Elena A. Iankova
language : en
Publisher: Cambridge University Press
Release Date : 2002-09-09

Eastern European Capitalism In The Making written by Elena A. Iankova and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-09-09 with Business & Economics categories.


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Transition To Capitalism


Transition To Capitalism
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Author : János Mátyás Kovács
language : en
Publisher: Transaction Publishers
Release Date : 1994-01-01

Transition To Capitalism written by János Mátyás Kovács and has been published by Transaction Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994-01-01 with History categories.


This work observes how the political ideologies, social values, and theoretical paradigms of Eastern European scholars and politicians changed throughout the period of transformation following the 1989 political revolutions in Eastern Europe. The authors try to reinterpret the institutions, movements, and ideologies that allegedly contributed to the erosion of the old regimes in Eastern Europe, asking whether these--alternative--legacies of communism support the transition to capitalism.