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The Czech Republic: From ‘Czech’ Capitalism to ‘European’ Capitalism

In: Varieties of Capitalism in Post-Communist Countries

Author

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  • Martin Myant

Abstract

This contribution aims to set the development of Czech capitalism against the frameworks developed by Hall and Soskice and Amable. The conclusion is that, although the general approach of looking for different kinds of capitalism is extremely fruitful, it is neither possible nor helpful to try to classify the Czech experience within an established model. The nature and significance of the relationships between business, labour relations and social and welfare policies are not the same as in the advanced and mature market economies studied by the above authors. There are three central areas in which their established frameworks need to be modified.

Suggested Citation

  • Martin Myant, 2007. "The Czech Republic: From ‘Czech’ Capitalism to ‘European’ Capitalism," Studies in Economic Transition, in: David Lane & Martin Myant (ed.), Varieties of Capitalism in Post-Communist Countries, chapter 5, pages 105-123, Palgrave Macmillan.
    • Handle: RePEc:pal:stuchp:978-0-230-62757-4_6
    DOI: 10.1057/9780230627574_6
    as

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