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Large-Scale Transformation of Socio-Economic Institutions – Comparative Case Studies on CEECs. Background Paper 3: Varieties of Capitalism and CEECs. WWWforEurope Working Paper No. 19

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  • Miklós Szanyi

    (Institute of World Economics of the Research Centre for Economic and Regional Studies of the Hungarian Academy of Sciences)

Abstract

The Varieties-of-Capitalism literature on generating indicators on the economic systems actually implemented mostly concentrates on the enterprise (or micro) level in traditional OECD countries, categorising countries between the extremes: liberal market economies and controlled market economies. It largely neglects the role of the government spending, the transition of former socialist countries and developing countries, and the political process behind the choice of an economic system. We broaden the perspective by combining the Varieties-of-Capitalism with the Worlds-of-Welfare-States literature in order to provide a comprehensive view on government activities in transition.

Suggested Citation

  • Miklós Szanyi, 2013. "Large-Scale Transformation of Socio-Economic Institutions – Comparative Case Studies on CEECs. Background Paper 3: Varieties of Capitalism and CEECs. WWWforEurope Working Paper No. 19," WIFO Studies, WIFO, number 46874.
    • Handle: RePEc:wfo:wstudy:46874
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    References listed on IDEAS

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    3. Kornai, Janos, 1992. "The Postsocialist Transition and the State: Reflections in the Light of Hungarian Fiscal Problems," American Economic Review, American Economic Association, vol. 82(2), pages 1-21, May.
    4. Miklos Szanyi, 2003. "An FDI-based development model for Hungary - new challenges?," IWE Working Papers 141, Institute for World Economics - Centre for Economic and Regional Studies.
    5. Andrei Yakovlev, 2006. "The evolution of business – state interaction in Russia: From state capture to business capture?," Europe-Asia Studies, Taylor & Francis Journals, vol. 58(7), pages 1033-1056.
    6. Mr. Stanley Fischer & Ms. Ratna Sahay, 2000. "The Transition Economies After Ten Years," IMF Working Papers 2000/030, International Monetary Fund.
    7. Undp, 2011. "HDR 2011 - Sustainability and Equity: A Better Future for All," Human Development Report (1990 to present), Human Development Report Office (HDRO), United Nations Development Programme (UNDP), number hdr2011, September.
    8. Pekka Sutela, 1998. "Privatization in the Countries of Eastern and Central Europe and of the Former Soviet Union," WIDER Working Paper Series wp-1998-146, World Institute for Development Economic Research (UNU-WIDER).
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    Cited by:

    1. Karl Aiginger, 2016. "New Dynamics for Europe: Reaping the Benefits of Socio-ecological Transition – Part I: Synthesis. WWWforEurope Deliverable No. 11," WIFO Studies, WIFO, number 58791, August.
    2. Karl Aiginger & Kurt Kratena & Margit Schratzenstaller-Altzinger & Teresa Weiss, 2014. "Moving Towards a New Growth Model. WWWforEurope Deliverable No. 3," WIFO Studies, WIFO, number 47247, August.

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