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Putting Comparative Capitalism Research in its Place: Varieties of Capitalism in Transition Economies

In Matthias Ebenau, Ian Bruff & Christian May (eds.) New Directions in Critical Comparative Capitalisms Research. London: Palgrave Macmillan; 2015.

18 Pages Posted: 3 Mar 2010 Last revised: 24 Mar 2014

Jan Drahokoupil

University of Mannheim - Mannheim Centre for European Social Research (MZES); European Trade Union Institute (ETUI)

Martin Myant

University of the West of Scotland

Date Written: February 14, 2014

Abstract

Drahokoupil and Myant introduce their approach to the capitalist variety in transition economies and make a renewed case for typological theories of economic performance. Their typology aims to account for the different types of international economic integration that characterizes transition economies in Russia, Eastern Europe, and Central Asia. They distinguish four forms of integration through production networks and two forms of integration through finance. The forms of integration and their preconditions can be linked to five types of capitalism that explain the nature of economic integration characterizing a given country: FDI-based market economies, peripheral market economies, order states, oligarchic (clientalistic) capitalism, and remittance/aid-based economies.

Keywords: varieties of capitalism, international integration, Eastern Europe, Russia, Central Asia

JEL Classification: P1, P16, P5

Suggested Citation

Drahokoupil, Jan and Myant, Martin, Putting Comparative Capitalism Research in its Place: Varieties of Capitalism in Transition Economies (February 14, 2014). In Matthias Ebenau, Ian Bruff & Christian May (eds.) New Directions in Critical Comparative Capitalisms Research. London: Palgrave Macmillan; 2015. . Available at SSRN: https://ssrn.com/abstract=1561944 or http://dx.doi.org/10.2139/ssrn.1561944

Jan Drahokoupil (Contact Author)

University of Mannheim - Mannheim Centre for European Social Research (MZES) ( email )

D-68131 Mannheim
Germany

HOME PAGE: http://drahokoupil.blogspot.com

European Trade Union Institute (ETUI) ( email )

B-1210 Brussels
Belgium

Martin Myant

University of the West of Scotland ( email )

Paisley High Street
PA1 2BE
Paisley, Scotland PA1 2BE
United Kingdom

HOME PAGE: http://www.paisley.ac.uk/schoolsdepts/business/cces/researchers/martin-myant.asp

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