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International Integration, Varieties of Capitalism, and Resilience to Crisis in Transition Economies

Europe-Asia Studies, Vol. 64, No. 1, pp. 1-33, 2012

77 Pages Posted: 23 Jan 2011 Last revised: 14 Nov 2013

Martin Myant

University of the West of Scotland

Jan Drahokoupil

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

Date Written: May 23, 2011

Abstract

This article offers a comprehensive analysis of the different effects of the economic crisis from 2008 across all transition economies with a testable framework that relates vulnerability to specific forms of development since 1989. The key to the framework is the identification of forms of integration into the international economy with distinctions between different export structures and dependence on other sources of foreign-currency earnings. These created channels for transmission of the crisis which differed between countries. The analysis draws on a three-level research design, combining the variable-oriented regression analysis with case-oriented comparisons among similar cases, and within-case analysis of individual countries.

Keywords: transition economies, economic crisis, varieties of capitalism, Eastern Europe, Russia, Central Asia

JEL Classification: P51

Suggested Citation

Myant, Martin and Drahokoupil, Jan, International Integration, Varieties of Capitalism, and Resilience to Crisis in Transition Economies (May 23, 2011). Europe-Asia Studies, Vol. 64, No. 1, pp. 1-33, 2012. Available at SSRN: https://ssrn.com/abstract=1744726

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

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

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