Capitalist diversity on Europe's periphery
Author(s)
Bibliographic Information
Capitalist diversity on Europe's periphery
(Cornell studies in political economy / edited by Peter J. Katzenstein)(Cornell paperbacks)
Cornell University Press, c2012
- : pbk
Available at 7 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references and index
Description and Table of Contents
Description
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.
Table of Contents
Introduction: The Success, Fragility, and Diversity of Postsocialist Capitalism1. Capitalist Diversity after Socialism
Comparing East European Capitalisms
Polanyian Varieties
Postsocialist Regime Concepts
Matrixes of Institutions and Performances
Puzzles of the Small State Pattern2. Paths to Postsocialist Capitalism
Leaving the East
Mobilizing Consent
Returning to the West: Transnationalization and European Integration3. Nation Builders and Neoliberals: The Baltic States
Origins of the National and Nationalizing Projects
Exclusionary and Inclusionary Democracies
The Politics of Early Economic Reforms
Nationalist Social Contracts
Constructing the Estonian Success Story
Internationalization, European Integration, and the Baltic Economic Miracle4. Manufacturing Miracles and Welfare State Problems: The Visegrád Group
Unsuccessful Experiments and Double-Edged Inheritances
Welfarist Social Contracts
Rival Manufacturing Miracles
Contesting the Euro5. Neocorporatism and Weak States: The Southeastern European Countries
Labor's Won Battles and Lost Wars
Postsocialist Capitalism in Strong and Weak States
Neocorporatist Balancing versus Crisis-Driven Path Corrections6. The Return of Hard Times
Recession, Austerity, and No Alternatives: The Baltic States
Semicore Specialization, Polarized Democracy, and Austerity: The Visegrád Model in Peril
The Crisis, Neocorporatism, and Weak States: Southeastern Europe
Responsible Government or the Specter of UngovernabilityConclusion: Postsocialist Capitalism Twenty Years On
Legacies, Initial Choices, and Repressed Alternatives
Market, Welfare, Democracy, and Identity: Compatibilities and Trade-offs
Virtues and Vices of Deep International Integration
Global Convergence versus Capitalist Diversity
New Global TransformationsIndex
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