Why did Neoliberalism Triumph and Endure in the Post-Communist World?

Appel, Hilary; Orenstein, Mitchell A.

doi:10.5129/001041516818254419

Cited by 48 publications

(27 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Thus, the post-communist countries have prioritised policies that support these objectives. Even in the latter stage of the economic transformation (during the 2000s), these countries often pursued more radical market-oriented reforms than other EU countries, such as implementing a flat tax, reducing corporate taxes, and privatising the pension systems [Appel and Orenstein 2016]. The implementation of market reforms, however, did not entail simply transmitting the principles of market fundamentalism, but rather involved adopting them into the context of the transition to a market economy.…”

Section: Introductionmentioning

confidence: 99%

Support for Market Economy Principles in European Post-communist Countries during 1999-2008

Sirovátka¹,

Guzi²,

Saxonberg³

2019

Czech Sociological Review

View full text Add to dashboard Cite

Section: Introductionmentioning

confidence: 99%

Support for Market Economy Principles in European Post-communist Countries during 1999-2008

Sirovátka¹,

Guzi²,

Saxonberg³

2019

Czech Sociological Review

View full text Add to dashboard Cite

“…The Slovak elite suddenly had an opportunity to “colonize” their own state (Gould , Grzymala‐Busse , O'Dwyer , cf. Appel and Orenstein and Appel .) This resulted in two de facto parallel political systems, each with its own strategy of state capture.…”

Section: Explaining the Breakdown In Bargainingmentioning

confidence: 97%

Concession and Secession: Constitutional Bargaining Failure in Post‐Communist Czechoslovakia

Basta

Buštíková

2016

Swiss Political Sci Review

View full text Add to dashboard Cite

This article explains the dissolution of Czechoslovak federation. It shows that the breakdown in bargaining between Slovakia and the federal center in Prague resulted from the federal institutional framework, differences in fiscal policy preferences and elite patronage incentives to monopolize the spoils of state property sell-offs. Relatively less developed minority regions often seek greater autonomy in order to redress their economic backwardness through interventionist economic and social policies. Due to its veto powers, Slovakia was able to block central legislation, setting the stage for the divorce. At the same time, the federal government in the center was committed to a laissez-faire strategy of governance, which precluded any significant accommodation of the periphery. (Mostly) Czech politicians understood that yielding to Slovak claims would threaten to undercut their pro-market strategy and diminish Prague's exclusive access to the spoils of market reforms. In terms of the bargaining model, the center was not dependent on the periphery, which possessed a credible exit option. In fact, the periphery was perceived as a hindrance to the center's ability to pursue its fiscal goals and a fast economic transition, and as limiting Prague's exclusive access to a nascent revolving door between the upper echelons in politics and business.

show abstract

“…The political decision to open the economy to trade and capital has exposed domestic labor to intensifying competition from abroad, further eroding its share in total income (Bengtsson 2014, Fichtenbaum 2011, Guscina 2006, Harrison 2002. By giving investors an exit option, capital mobility has propelled governments to cut spending and worker protections in an attempt to attract foreign direct investment (Appel and Orenstein 2016, Mosley 2003, Kristal 2010, Jayadev 2007, Stockhammer 2013, Lindblom 1977, Campello 2014. Financialization, on the other hand, has greatly loosened the link between production and the generation of surplus, excluding production workers from revenue-generating and compensation-setting processes and boosting executive remuneration at the expense of wages, especially in environments characterized by weak labor (Lin and Tomaskovic-Devey 2013, Huber et al Exposed to different pressures, national governments thus face shrinking room for maneuver.…”

Section: Literaturementioning

confidence: 99%

“…2 This fall occurred across diverse sectors in both advanced and emerging 1 Similarly, the top 1% share of pretax income rose from 8% to 11% across Europe between 1980 and 2017 (Blanchet et al, 2019). 2 Karabarbounis and Neiman's work (2014) focuses on 59 advanced and emerging economies. See Stockhammer (2013) and Kristal (2010) for a discussion of the dynamics of the labor share in OECD countries.…”

Section: Introductionmentioning

confidence: 99%

Determinants of Income Composition Inequality

Petrova¹,

Ranaldi²

2021

Preprint

View full text Add to dashboard Cite

This paper examines the political determinants of income composition inequality in 32 advanced and emerging economies between 2006 and 2018. Income composition inequality is defined as the extent to which the income composition in capital and labor income is unevenly distributed across the income distribution. High levels of income composition inequality are associated with class-fragmented societies, whereas low levels are typical of multiple-sources-of-income societies. We find that a higher seat share of left parties in the governing coalition and higher globalization, as measured by trade, capital openness, and FDI inflows, are linked to lower income composition inequality. Higher economic development and a higher capital income share are, instead, related to higher inequality in income composition. We discuss the mechanisms behind these relationships and check the robustness of our findings. To our knowledge, this is one of the first studies looking into the causes of the dynamics of this dimension of economic inequality. (Stone Center on Socio-Economic Inequality Working Paper)

show abstract

Why did Neoliberalism Triumph and Endure in the Post-Communist World?

Cited by 48 publications

References 0 publications

Support for Market Economy Principles in European Post-communist Countries during 1999-2008

Support for Market Economy Principles in European Post-communist Countries during 1999-2008

Concession and Secession: Constitutional Bargaining Failure in Post‐Communist Czechoslovakia

Determinants of Income Composition Inequality

Contact Info

Product

Resources

About