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Diverging Pathways in Central and Eastern Europe

In: Varieties of Capitalism in Post-Communist Countries

Author

Listed:
  • Mark Knell
  • Martin Srholec

Abstract

In this chapter we analyse the patterns of production regimes in a large sample of countries using the Varieties of Capitalism (VoC) approach. The main focus is on the post-socialist countries from Central and Eastern Europe and the former Soviet Union, but we also include advanced market economies from Western Europe, North America and Asia for comparative purposes. We begin in the first section by making several constructive comments that place the approach in the broader context of institutional economics. We then analyse some of the relevant patterns in the context of different modes of coordination, following the work of Hall and Gingerich (2004). This analysis shows that the post-socialist countries are spread across the spectrum, reflecting both historical backgrounds and their individual development strategies. The following section elaborates on the industrial relations systems in more detail. A final section contains some further comments and reflections on the VoC approach.

Suggested Citation

  • Mark Knell & Martin Srholec, 2007. "Diverging Pathways in Central and Eastern Europe," Studies in Economic Transition, in: David Lane & Martin Myant (ed.), Varieties of Capitalism in Post-Communist Countries, chapter 2, pages 40-62, Palgrave Macmillan.
    • Handle: RePEc:pal:stuchp:978-0-230-62757-4_3
    DOI: 10.1057/9780230627574_3
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    Cited by:

    1. Eva CIHELKOVA, 2016. "Formation of the theoretical framework for the comparative analysis of post-socialist countries," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 62(9), pages 407-420.
    2. Mariusz Prochniak & Magdalena Suska, 2021. "Diversity of Capitalism in Central-Eastern and Western European Countries: Robustness of Results Based on Different Coefficients of Similarity," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 584-595.

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