Heft36 1 - SFB 580 - Friedrich-Schiller-Universität Jena
Heft36 1 - SFB 580 - Friedrich-Schiller-Universität Jena
Heft36 1 - SFB 580 - Friedrich-Schiller-Universität Jena
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
MARTIN SEMENOVA MENDELSKI<br />
(socialist legacy) and current factors (EU<br />
membership, policy choices, wars). Because<br />
many different variables are chosen to explain<br />
variety, sometimes one and the same country is<br />
put in different clusters of countries. Therefore,<br />
classification of countries depends strongly on<br />
the level of analysis (micro/macro level), the<br />
research design, the length of the study period<br />
and the sectors chosen (Deeg 2007; Deeg/<br />
Jackson 2007).<br />
b. No consistent relationship between economic<br />
performance and complementary institutions. The<br />
institutional trajectories of post-communist<br />
countries do not confirm a correlation of<br />
economic success and institutional system<br />
purity. On the one hand, countries with<br />
complementary institutions are economic<br />
frontrunners (Slovenia and Estonia) while<br />
countries with non-complementary institutions<br />
(most countries from SEE and the former<br />
Soviet Union) are economically less successful.<br />
On the other hand, there are mixed political<br />
economies with non-coherent institutions that<br />
are also economically successful (e.g. Poland,<br />
Czech Republic, Hungary).<br />
c. Unfinished transition process to capitalism. In<br />
most post-socialist countries, the transition<br />
towards a certain type of market economy is still<br />
unfinished and unsettled. Especially in South-<br />
Eastern Europe and former Soviet Republics,<br />
capitalist structures are underdeveloped and<br />
institutional enforcement is low. Therefore, it is<br />
difficult to classify these economies and predict<br />
which type of capitalism will emerge.<br />
does not capture the development of postcommunist<br />
transition countries because of the<br />
peculiarities of the former socialist societies<br />
(path dependent informal institutions, diverse<br />
communist legacies). As a result, scholars<br />
propose an extention of the CME and<br />
LME typologies and, with that, introduce<br />
additionally some “mixed type” or “hybrids<br />
of capitalism” (e.g. Bartlett 2007; Charman<br />
2007; Cernat 2006; Lane 2007a; King 2007).<br />
Moreover, Hall/Soskice’s VoC approach<br />
is extended by bringing in other actors<br />
(state, international organizations, political<br />
entrepreneurs, networks between economic<br />
actors) that bargain over institutional reforms<br />
under different political systems (authoritarian<br />
or repressive state) and are constrained by<br />
informal institutions and history. In summary,<br />
VoC literature on post-communist Europe<br />
claims that capitalist diversity cannot be<br />
explained solely by internal complementarities<br />
between institutional sub-systems and firms as<br />
the main actors. Instead, explaining capitalist<br />
diversity and institutional change must<br />
include diverse historical and future variables,<br />
which can be internal (national state, national<br />
interest groups, structural legacy) or external<br />
(EU, international organizations).<br />
Seite Page page 15<br />
d. Extension of VoC proposed. Most authors,<br />
especially those in the volume edited by Lane/<br />
Myant 2007, conclude that the VoC approach