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Economies in Transition and the Variety of Capitalisms Features, changes, convergence

Economies in Transition and the Variety of Capitalisms

This volume is a much broader selection of papers presented at the Sixt Binnual Convention of the European Association for Comparative Economic Studies than the ones published on similar occasions. It is due to its peculiarity, with its focus on the experience of less well researched and less known countriesí experiences, particularly of Southeast Europe and of East Asia.

The volume consists of four parts. Part One contains the keynote of Jorge Braga de Macedo, former minister of finance of Portugal on Converging European transitions, as well as the second keynote of the incoming president of EACES, L.Csaba on the commonalities and differences of EU and NATO eastward enlargement.

Part Two contains the lecture of the award winning Ph.D dissertation of EACES, presented by Dr.Klaus Meyer of the Copenhagen Business School on the impacts of inward FDI on corporate behaviour and strategies in CEE.

Part Three contains papers devoted to the stability, growth and integration as supported or constrained by various economic systems. Approaches are theoretical/functional and country specific alike.

Part Four is devoted to issues of privatization and corporate governance, with the specificity being the widening of the angle to the global arena. The major recurring finding was that the contemporary fashion of benchmarking and copying best practices do not help much, either at the theoretical or at the empirical level, in explaining successes by the country and the sector. The key to success is always contextual and dependent on local incultuyration, as the experiences of quickly growing Chinese and Vietnamese firms indicated.

The book is a watershed in documenting how Comparative economics, as a discipline, transcended the dichotomies of the 2oth century and opened up to the plethora of non-traditional and non-conventional experiences of the globalization period. Meanwhile categorization and analyses always aim at integrating the new in the established analytical framework of standrd economics. Papers allowed insights and in and integration of experiences of less known countries in the interntional comparative literature. Thereby it is a contribution to the rebirth of new institutional economics as an overarching approach integrating comparative approaches.

Publisher: Gorex Press

Year: 1999

Number of pages: 527

ISBN: 954 616 042 3

Reviews

Bert Van SelmEurope-Asia Studies, vol. 52, no. 2, pp380-381, 2000Details

Language: English

Michael WyzanEconomics of Transition, vol. 8, no. 2, pp538-539, 2000Details

United KingdomLanguage: English

István BenczesKözgazdasági Szemle, vol. 47, nos. 7-8, pp636-640, 2000Details

Language: Hungarian

István Benczes: Professor of International Political Economy, Corvinus University of Budapest

Economies in Transition and the Variety of Capitalisms