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Transition And Political Markets: Post‐War German Versus Post‐Socialist Slovenian Reconstruction

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  • Mićo Mrkaić
  • Rado Pezdir

Abstract

In this paper we try to explain why the economic and political transition in Germany after World War II was successful, and why the transition in post‐communist Slovenia was not. We analyse interactions between political markets and economies in both countries. The differences between the two transitions can be explained by different institutional transformations and different roles of interest groups. In Slovenia, the slow pace of political reform inhibited economic liberalisation.

Suggested Citation

  • Mićo Mrkaić & Rado Pezdir, 2007. "Transition And Political Markets: Post‐War German Versus Post‐Socialist Slovenian Reconstruction," Economic Affairs, Wiley Blackwell, vol. 27(4), pages 58-64, December.
    • Handle: RePEc:bla:ecaffa:v:27:y:2007:i:4:p:58-64
    DOI: 10.1111/j.1468-0270.2007.00782.x
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    References listed on IDEAS

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    1. Simon Gilchrist & John C. Williams, 2001. "Transition dynamics in vintage capital models: explaining the postwar catch-up of Germany and Japan," Finance and Economics Discussion Series 2001-07, Board of Governors of the Federal Reserve System (U.S.).
    2. Peter Temin, 1991. "Soviet and Nazi economic planning in the 1930s," Economic History Review, Economic History Society, vol. 44(4), pages 573-593, November.
    3. Philippe Aghion & Wendy Carlin & Mark Schaffer, 2002. "Competition, Innovation and Growth in Transition: Exploring the Interactions between Policies," William Davidson Institute Working Papers Series 501, William Davidson Institute at the University of Michigan.
    4. Michael Landesmann & Robert Stehrer, 2002. "The CEECs in the Enlarged Europe: Convergence Patterns, Specialization and Labour Market Implications," wiiw Research Reports 286, The Vienna Institute for International Economic Studies, wiiw.
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