IDEAS home Printed from https://ideas.repec.org/a/taf/rbalxx/v44y2013i1p83-103.html
   My bibliography  Save this article

Neo-Liberal Small States and Economic Crisis: Lessons for Democratic Corporatism

Author

Listed:
  • Baldur Thorhallsson
  • Rainer Kattel

Abstract

This paper argues that the 2008 economic crisis was particularly deep in Estonia and Iceland because non-corporatist neo-liberal political features were essential endogenous factors deepening it. A lack of corporatist features also formed the basis for responses to the crisis and the political aftermath in both cases. Furthermore, the paper argues that adding new institutionalist aspects to the corporatist model – in particular the juxtaposition of compound and simple polities – helps deepen our understanding of political dynamics in societies that lack clear-cut corporatist features. It makes a big difference whether or not a country enters the neo-liberal era with an already corporatist set of structures.

Suggested Citation

  • Baldur Thorhallsson & Rainer Kattel, 2013. "Neo-Liberal Small States and Economic Crisis: Lessons for Democratic Corporatism," Journal of Baltic Studies, Taylor & Francis Journals, vol. 44(1), pages 83-103.
    • Handle: RePEc:taf:rbalxx:v:44:y:2013:i:1:p:83-103
    DOI: 10.1080/01629778.2012.719306
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/01629778.2012.719306
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/01629778.2012.719306?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Eckhard Hein & Walter Paternesi Meloni & Pasquale Tridico, 2021. "Welfare models and demand-led growth regimes before and after the financial and economic crisis," Review of International Political Economy, Taylor & Francis Journals, vol. 28(5), pages 1196-1223, October.
    2. Tea Kasradze & Ekaterine Gulua, 2023. "Challenges and Opportunities for Teaching Practical Skills at Higher Education Institutions under the conditions of COVID-19 Pandemic," European Journal of Social Sciences Education and Research Articles, Revistia Research and Publishing, vol. 10, ejser_v10.
    3. Stefan Mann, 2014. "A Comparative Study of Institutionalizing Public Plant Breeding," Public Organization Review, Springer, vol. 14(3), pages 373-383, September.
    4. DUKE Ben, 2014. "‘Small is Beautiful’, Analysing the Democratising Effect of Localism, Greater Regional Autonomy, Decentralisation and Constitutional Reform," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 02, June.
    5. Jaanus Müür, 2022. "Intermediating Smart Specialisation and Entrepreneurial Discovery: The Cases of Estonia and Helsinki-Uusimaa," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(1), pages 541-573, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rbalxx:v:44:y:2013:i:1:p:83-103. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rbal .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.