From Employee Governance to Corporate Governance: Transnational Forces and the Polish Corporate Governance Debates Since the 1980s

Whose success? The state–foreign capital nexus and the development of the automotive industry in Slovakia

“…In the absence of sufficient domestic capital and after the failure of national-oriented strategies of the early 1990s (Drahokoupil, 2008), neoliberal strategies of industrial development have prevailed in ECE. Restructuring of the state through the processes of transnationalization (Shields, 2004(Shields, , 2008Vliegenthart, 2009) opened up national economies for penetration by foreign capital. Some of the domestic political elites, variously labeled as 'comprador administration' (Baran, 1957), 'comprador fraction of the bourgeoisie' (Poulantzas, 1973), 'comprador intelligentsia' (Eyal et al, 1997), 'comprador class' (Vliegenthart, 2010) or 'comprador service sector' (Drahokoupil, 2009b), aligned their interests with those of foreign capital and gained political influence, which they used to promote successfull FDI-friendly policies across ECE.…”