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Varieties of Capitalist Democracy: What Difference Does East-Central Europe Make?

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  • McMENAMIN, IAIN

Abstract

The establishment of capitalist democracies in East-Central Europe raises the question of whether existing accounts of varieties of capitalist democracy need to be revised. This article provides a systematic quantitative comparison of varieties of capitalist democracy in the Czech Republic, Hungary and Poland with 19 other OECD countries. It finds that the East-Central European cases constitute a distinctive cluster; that they have much in common with Greece, Iberia and Ireland and that they are closer to the continental European than the liberal variety of capitalist democracy. These results have important implications for the internal politics of the European Union, prospects of an East-Central European repeat of the relative success of Ireland and the Mediterranean in the European Union, and debates about the influence of neo-liberalism on public policy.

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  • McMENAMIN, IAIN, 2004. "Varieties of Capitalist Democracy: What Difference Does East-Central Europe Make?," Journal of Public Policy, Cambridge University Press, vol. 24(3), pages 259-274, December.
    • Handle: RePEc:cup:jnlpup:v:24:y:2004:i:03:p:259-274_00
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    Cited by:

    1. Markus Ahlborn & Joachim Ahrens & Rainer Schweickert, 2016. "Large-Scale Transition of Economic Systems – Do CEECs Converge Toward Western Prototypes?," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 58(3), pages 430-454, September.
    2. Ahlborn, Markus & Schweickert, Rainer, 2019. "Economic systems in developing countries – A macro cluster approach," Economic Systems, Elsevier, vol. 43(3).
    3. Jasiecki Krzysztof, 2018. "The strength and weaknesses of the varieties of capitalism approach: the case of Central and Eastern Europe," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 54(4), pages 328-342, December.
    4. Eyüp Özveren & Utku Havuç & Emrah Karaoğuz, 2012. "From Stages to Varieties of Capitalism: Lessons, Limits and Prospects," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 59(1), pages 13-36, March.
    5. Thomas Prosser, 2017. "Explaining Implementation through Varieties of Capitalism Theory: The Case of the Telework and Work-related Stress Agreements," Journal of Common Market Studies, Wiley Blackwell, vol. 55(4), pages 889-908, July.
    6. Delis, Manthos D & Pagoulatos, George, 2009. "Bank competition, institutional strength and financial reforms in Central and Eastern Europe and the EU," MPRA Paper 16494, University Library of Munich, Germany.
    7. Nikolova Kristina & Bejan Raluca, 2022. "Welfare States and Covid-19 Responses: Eastern versus Western Democracies," Comparative Southeast European Studies, De Gruyter, vol. 70(4), pages 686-721, December.

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