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Capitalist Diversity on Europe’s Periphery

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With the collapse of the Council for Mutual Economic Assistance in 1991, the Eastern European nations of the former socialist bloc had to figure out their newly capitalist future. Capitalism, they found, was not a single set of political-economic relations. Rather, they each had to decide what sort of capitalist nation to become. In Capitalist Diversity on Europe's Periphery, Dorothee Bohle and Béla Geskovits trace the form that capitalism took in each country, the assets and liabilities left behind by socialism, the transformational strategies embraced by political and technocratic elites, and the influence of transnational actors and institutions. They also evaluate the impact of three regional shocks: the recession of the early 1990s, the rolling global financial crisis that started in July 1997, and the political shocks that attended EU enlargement in 2004.
Introduction: The Success, Fragility, and Diversity of Postsocialist Capitalism1. Capitalist Diversity after SocialismComparing East European CapitalismsPolanyian VarietiesPostsocialist Regime ConceptsMatrixes of Institutions and PerformancesPuzzles of the Small State Pattern2. Paths to Postsocialist CapitalismLeaving the EastMobilizing ConsentReturning to the West: Transnationalization and European Integration3. Nation Builders and Neoliberals: The Baltic StatesOrigins of the National and Nationalizing ProjectsExclusionary and Inclusionary DemocraciesThe Politics of Early Economic ReformsNationalist Social ContractsConstructing the Estonian Success StoryInternationalization, European Integration, and the Baltic Economic Miracle4. Manufacturing Miracles and Welfare State Problems: The Visegrád GroupUnsuccessful Experiments and Double-Edged InheritancesWelfarist Social ContractsRival Manufacturing MiraclesContesting the Euro5. Neocorporatism and Weak States: The Southeastern European CountriesLabor's Won Battles and Lost WarsPostsocialist Capitalism in Strong and Weak StatesNeocorporatist Balancing versus Crisis-Driven Path Corrections6. The Return of Hard TimesRecession, Austerity, and No Alternatives: The Baltic StatesSemicore Specialization, Polarized Democracy, and Austerity: The Visegrád Model in PerilThe Crisis, Neocorporatism, and Weak States: Southeastern EuropeResponsible Government or the Specter of UngovernabilityConclusion: Postsocialist Capitalism Twenty Years OnLegacies, Initial Choices, and Repressed AlternativesMarket, Welfare, Democracy, and Identity: Compatibilities and Trade-offsVirtues and Vices of Deep International IntegrationGlobal Convergence versus Capitalist DiversityNew Global TransformationsIndex

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