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Shared Mental Models, Catch-up Development and Economic Policy-Making: The Case of Germany after World War II and its Significance for Contemporary Russia

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  • Joachim Zweynert

    (Hamburg Institute of International Economics)

Abstract

The paper deals with the connection between politically induced catch-up development, cultural and intellectual traditions and economic order in Germany and Russia. It is argued that in the history of both countries we encounter significant structural parallels, including the totalitarian experience. After World War II the German political élite managed to implement capitalism in a country, the population of which was still hostile towards capitalism. The key to success was that the German political rulers, in contrast to the Russian ‘young reformers’ of the early 1990s, from the beginning on took into account the shared mental models prevailing in Germany. Therefore some lessons may be drawn from the German historical experience in regard to today’s Russia.

Suggested Citation

  • Joachim Zweynert, 2006. "Shared Mental Models, Catch-up Development and Economic Policy-Making: The Case of Germany after World War II and its Significance for Contemporary Russia," Eastern Economic Journal, Eastern Economic Association, vol. 32(3), pages 457-478, Summer.
    • Handle: RePEc:eej:eeconj:v:32:y:2006:i:3:p:457-478
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    References listed on IDEAS

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    4. Steve Pejovich, 2003. "Understanding the transaction costs of transition: it's the culture, stupid," ICER Working Papers 24-2003, ICER - International Centre for Economic Research.
    5. Svetozar Pejovich, 2003. "Understanding the Transaction Costs of Transition: it's the Culture, Stupid," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 16(4), pages 347-361, December.
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    Cited by:

    1. Ichiro Iwasaki & Taku Suzuki, 2016. "Radicalism Versus Gradualism: An Analytical Survey Of The Transition Strategy Debate," Journal of Economic Surveys, Wiley Blackwell, vol. 30(4), pages 807-834, September.
    2. Joachim Zweynert, 2013. "How German is German neo-liberalism?," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 26(2), pages 109-125, June.
    3. Alexander Lenger, 2018. "Shared Mental Models and Habitus Towards a Mentality-Driven Economics," Journal of Contextual Economics (JCE) – Schmollers Jahrbuch, Duncker & Humblot, Berlin, vol. 138(1), pages 31-51.
    4. Zweynert, Joachim, 2007. "How can the History of Economic thought Contribute to an Understanding of Institutional Change?," Journal of the History of Economic Thought, Cambridge University Press, vol. 29(2), pages 189-211, June.
    5. Zweynert, Joachim, 2007. "Die Entstehung ordnungsökonomischer Paradigmen: Theoriegeschichtliche Betrachtungen," HWWI Research Papers 5-2, Hamburg Institute of International Economics (HWWI).
    6. Joachim Zweynert, 2015. "The concept of Ordnungspolitik through the lens of the theory of limited and open access orders," Constitutional Political Economy, Springer, vol. 26(1), pages 4-18, March.

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