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Networks and Institutions in Europe's Emerging Markets

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Do ties between political parties and businesses harm or benefit the development of market institutions? The post-communist transi... Lire la suite
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Description

Do ties between political parties and businesses harm or benefit the development of market institutions? The post-communist transition offers an unparalleled opportunity to explore when and how networks linking the polity and the economy support the development of functional institutions. A quantitative and qualitative analysis covering eleven post-socialist countries combined with detailed case studies of Bulgaria, Poland and Romania documents how the most successful post-communist countries are those in which dense networks link politicians and businesspeople, as long as politicians are constrained by intense political competition. The comparison of original network data sets shows how this combination allowed Poland to emerge with stable institutions. Bulgaria, marred by weak institutions, corruption and violence, cautions us that in developing economies intense political competition alone is harmful in the absence of dense personal and ownership networks. Indeed, as Romania illustrates, networks are so critical that their weakness is not mitigated even by low political competition.

Informations sur le produit

Titre: Networks and Institutions in Europe's Emerging Markets
Auteur:
Code EAN: 9781139990028
ISBN: 978-1-139-99002-8
Protection contre la copie numérique: Adobe DRM
Format: eBook (pdf)
Editeur: Cambridge University Press
Genre: Économie
Parution: 29.05.2014
Année: 2014
Sous-titre: Englisch