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Capitalist Diversity on Europe's Periphery

Capitalist Diversity on Europe's Periphery PDF Author: Dorothee Bohle
Publisher: Cornell University Press
ISBN: 0801465222
Category : Political Science
Languages : en
Pages : 305

Book 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.

Capitalist Diversity on Europe's Periphery

Capitalist Diversity on Europe's Periphery PDF Author: Dorothee Bohle
Publisher: Cornell University Press
ISBN: 0801465222
Category : Political Science
Languages : en
Pages : 305

Book 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.

The European Periphery and the Eurozone Crisis

The European Periphery and the Eurozone Crisis PDF Author: Neil Dooley
Publisher: Routledge
ISBN: 1351691988
Category : Political Science
Languages : en
Pages : 154

Book Description
This book provides a new understanding of the eurozone crisis across three of the worst hit cases: Greece, Portugal, and Ireland. In contrast to accounts which stress the ‘immaturity’ of the European ‘periphery’, as well as more critical narratives that understand these countries as victims of German and core ‘economic domination’, this book recognises that individual peripheral countries have followed dramatically different paths to crisis, making it difficult to speak of the eurozone crisis as a single phenomenon. Bringing literature from Comparative Political Economy into dialogue with scholarship on Europeanisation, this book contributes the concept of ‘divergence via Europeanisation’. It explores the much-overlooked ways in which the negotiation of a ‘one size fits all’ project of European financial integration has been generative of precarious patterns of economic growth across Greece, Portugal, and Ireland. The book shows that far from their failure or inability to do so, it has been the European periphery’s attempt to ‘follow the rules’ of European integration that explains their current difficulties. This novel understanding of the eurozone crisis should appeal to students and scholars in International Political Economy, European and European Union Studies, Comparative Political Economy, Irish Politics, Greek Politics, and Portuguese Politics.

Social Change in a Peripheral Society

Social Change in a Peripheral Society PDF Author: Daniel Chirot
Publisher: Elsevier
ISBN: 1483271412
Category : Social Science
Languages : en
Pages : 200

Book Description
Social Change in a Peripheral Society: The Creation of a Balkan Colony focuses on the nature of social change in peripheral societies, societies on the margins of the capitalist European world that have been absorbed by the dynamic industrial economies and turned into “colonial or “neocolonial societies. This book emphasizes the theory of an interdependent world-system dominated by core societies that subject, by direct or indirect means, peripheral societies. Studies on several peripheral societies, primarily those in the contemporary “third world , that are in the former colonies of Europe in Latin America, Asia, and Africa are also described. This text likewise explains the tremendous vitality of European capitalism by deliberating the difference between Ottoman and capitalist exploitation of Romania. This publication is beneficial to historians, economists, and anthropologists interested in the social change in peripheral society.

Growth and Welfare in Advanced Capitalist Economies

Growth and Welfare in Advanced Capitalist Economies PDF Author: Anke Hassel
Publisher: Oxford University Press, USA
ISBN: 0198866178
Category : Political Science
Languages : en
Pages : 481

Book Description
This book takes stock of the major economic challenges that advanced industrial democracies have faced since the early 1990s and the responses by governments to them.

Central and Eastern Europe, 1944-1993

Central and Eastern Europe, 1944-1993 PDF Author: Tibor Iván Berend
Publisher: Cambridge University Press
ISBN: 9780521663526
Category : Business & Economics
Languages : en
Pages : 436

Book Description
An ambitious, comparative analysis of 'Eastern Bloc' economies during a period of revolutionary change.

Fiscal Governance in Europe

Fiscal Governance in Europe PDF Author: Mark Hallerberg
Publisher: Cambridge University Press
ISBN: 0521857465
Category : Business & Economics
Languages : en
Pages : 247

Book Description
Based on data from European Union countries, this book presents a theoretical framework to discuss how governments coordinate budgeting decisions.

Crisis in the Eurozone Periphery

Crisis in the Eurozone Periphery PDF Author: Owen Parker
Publisher: Springer
ISBN: 3319697218
Category : Political Science
Languages : en
Pages : 219

Book Description
This book investigates the causes and consequences of crisis in four countries of the Eurozone periphery – Greece, Spain, Portugal and Ireland. The contributions to this volume are provided from country-specific experts, and are organised into two themed subsections: the first analyses the economic dynamics at play in relation to each state, whilst the second considers their respective political situations. The work debates what made these states particularly susceptible to crisis, the response to the crisis and its resultant effects, as well as the manifestation of resistance to austerity. In doing so, Parker and Tsarouhas consider the implications of continued fragilities in the Eurozone both for these countries and for European integration more generally.

Global Capitalism, Global War, Global Crisis

Global Capitalism, Global War, Global Crisis PDF Author: Andreas Bieler
Publisher: Cambridge University Press
ISBN: 1108479103
Category : Political Science
Languages : en
Pages : 339

Book Description
Addresses the internal relations of global capitalism, global war, global crisis, connecting uneven and combined development, social reproduction, and world-ecology to appeal to scholars and students alike.

Peripheral Europe

Peripheral Europe PDF Author: Ksenija Vidmar Horvat
Publisher: Cambridge Scholars Publishing
ISBN: 1527560120
Category : History
Languages : en
Pages : 216

Book Description
This book looks at the financial (2007-2008) and the refugee (2015-present) crises and post-crisis development in the EU. The key argument here is that the (mis)management of these crises has been in part conditioned by the specific course of the Europeanisation which occurred during the integration of the post-socialist East. The enlargement processes ran on the premises of a shared European identity, in effect turning the social contract of the new Europe into a cultural contract. This has resulted in betraying the commitment to core values of democratic development, both East and West. The book specifically studies the impact of the “cultural turn” through the discourse of the transition in the Balkan periphery of the ex-Yugoslavian region. Based on rich theoretical and regionally specific empirical research, it will be of interest to scholars in the fields of EU integration, Eastern European studies, cultural studies, studies of post-socialism, and border studies.

Is the European Union Capable of Integrating Diverse Models of Capitalism?

Is the European Union Capable of Integrating Diverse Models of Capitalism? PDF Author: Alison Johnston
Publisher: Routledge
ISBN: 1000373819
Category : Political Science
Languages : en
Pages : 164

Book Description
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.