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The Capitalist Development Pathway of Eastern Europe: A Comparative Study between Eastern Europe,Southeast Asia and Latin America

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  • Cristina Gabriela Susanu

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    (PhD candidate in the Department of Economics at Alexandru Ioan Cuza University of Iasi, Romania)

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    Abstract

    The study examines the delimitation of the economic development models, dependent versus nationalist capitalism, in the emerging countries of Eastern Europe, Latin America and Southeast Asia. We took into account a series of analyses on how the adopted development policy influenced the economic growth in those regions, in order to explain one of the reasons for the existing differences in their economic performance. Throughout the article, based on empirical data, we conclude that the capitalist development model chosen by Eastern Europe was the dependent one, being thus more vulnerable to external shocks like in the recent context of global recession.

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    File URL: http://www.rejournal.eu/sites/rejournal.versatech.ro/files/articole/2011-03-01/2106/susanu-je39.pdf
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    Bibliographic Info

    Article provided by Department of International Business and Economics from the Academy of Economic Studies Bucharest in its journal Romanian Economic Journal.

    Volume (Year): 14 (2011)
    Issue (Month): 39 (March)
    Pages: 175-200

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    Handle: RePEc:rej:journl:v:14:y:2011:i:39:p:175-200

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    Related research

    Keywords: dependent capitalism; nationalist capitalism; globalization; growth; market liberalization.;

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    1. Javier Reyes & Stefano Schiavo & Giorgio Fagiolo, 2008. "Assessing The Evolution Of International Economic Integration Using Random Walk Betweenness Centrality: The Cases Of East Asia And Latin America," Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., vol. 11(05), pages 685-702.
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