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International Integration, Varieties of Capitalism and Resilience to Crisis in Transition Economies

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  • Martin Myant
  • Jan Drahokoupil

Abstract

This article offers a comprehensive analysis of the different effects of the economic crisis from 2008, across all transition economies with a testable framework, that relates vulnerability to specific forms of development since 1989. The key to the framework is the identification of forms of integration into the international economy, with distinctions between different export structures and dependence on other sources of foreign-currency earnings. These created channels for transmission of the crisis which differed between countries. The analysis draws on a three-level research design, combining a variable-oriented regression analysis with case-oriented comparisons among similar cases, and within-case analysis of individual countries.

Suggested Citation

  • Martin Myant & Jan Drahokoupil, 2012. "International Integration, Varieties of Capitalism and Resilience to Crisis in Transition Economies," Europe-Asia Studies, Taylor & Francis Journals, vol. 64(1), pages 1-33.
    • Handle: RePEc:taf:ceasxx:v:64:y:2012:i:1:p:1-33
    DOI: 10.1080/09668136.2012.635478
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    Cited by:

    1. Engelbert Stockhammer & Cédric Durand & Ludwig List, 2016. "European growth models and working class restructuring: An International post-Keynesian Political Economy perspective," Environment and Planning A, , vol. 48(9), pages 1804-1828, September.
    2. Viktor Kvĕtoň & Aleš Bĕlohradský & Jiří Blažek, 2020. "The variegated role of proximities in acquisitions by domestic and international companies in different phases of economic cycles," Papers in Regional Science, Wiley Blackwell, vol. 99(3), pages 583-602, June.
    3. Magdalena Bernaciak, 2015. "All roads lead to decentralization? Collective bargaining trends and prospects in Central and Eastern Europe," Transfer: European Review of Labour and Research, , vol. 21(3), pages 373-381, August.
    4. Dawid Piatek, 2016. "Institutions and economic growth in transition countries — new experiences and implications from financial crisis 2007–2010 (Part 1)," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 15(4), pages 515-526, December.
    5. Anna Lašáková & Anna Remišová & Ľubica Bajzíková, 2021. "Differences in Occurrence of Unethical Business Practices in a Post-Transitional Country in the CEE Region: The Case of Slovakia," Sustainability, MDPI, vol. 13(6), pages 1-33, March.
    6. Makhmadshoev, Dilshod & Ibeh, Kevin & Crone, Mike, 2015. "Institutional influences on SME exporters under divergent transition paths: Comparative insights from Tajikistan and Kyrgyzstan," International Business Review, Elsevier, vol. 24(6), pages 1025-1038.
    7. Anna Soulsby & Anna Remišová & Thomas Steger, 2021. "Management and Business Ethics in Central and Eastern Europe: Introduction to Special Issue," Journal of Business Ethics, Springer, vol. 174(4), pages 739-746, December.
    8. Monika Wieczorek-Kosmala & Joanna Błach & Anna Doś, 2021. "COVID-19 Interruptions and SMEs Heterogeneity: Evidence from Poland," Risks, MDPI, vol. 9(9), pages 1-21, September.
    9. Ondřej Sankot & Tereza De Castro & Jana Vlčková & Cristina Procházková Ilinitchi, 2023. "Mapping of Capabilities and Export Opportunities of Czechia," Prague Economic Papers, Prague University of Economics and Business, vol. 2023(2), pages 159-183.
    10. Grodzicki, Maciej J. & Możdżeń, Michał, 2021. "Central and Eastern European economies in a Goldilocks age: A model of labor market institutional choice," Economic Modelling, Elsevier, vol. 104(C).
    11. Anna Shostya, 2019. "The Global Financial Crisis in Transition Economies: The Role of Initial Conditions," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 47(1), pages 37-51, March.
    12. Nina Lopez Uroz, 2020. "Populism Amidst Prosperity: Poland's Growth Model and its Socio-Political Outcomes," LEQS – LSE 'Europe in Question' Discussion Paper Series 159, European Institute, LSE.
    13. Halonen Maija & Vatanen Eero & Kotilainen Juha & Tykkyläinen Markku, 2015. "Industry life cycles of a resource town in Finland – the case of Lieksa," European Countryside, Sciendo, vol. 7(1), pages 16-41, March.
    14. Magdalena Bernaciak, 2013. "Social dialogue revival or ‘PR corporatism’? Negotiating anti-crisis measures in Poland and Bulgaria1," Transfer: European Review of Labour and Research, , vol. 19(2), pages 239-251, May.

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