Journal ArticleDOI
The evolution of business-state interaction in Russia: From State Capture to Business Capture
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In this article, two basic strategies of Russian companies, isolation from, and close cooperation with the state, are discussed, and several ways in which companies realize these strategies, drawing analogies with the "exit" and "voice" strategies suggested by A. Hirschman.Abstract:
This article discusses two basic strategies of Russian companies—isolation from, and close cooperation with the state. The author analyses several ways in which companies realise these strategies, drawing analogies with the ‘exit’ and ‘voice’ strategies suggested by A. Hirschman. It is shown that under the conditions of a weak state these strategies lead either to an expansion of the shadow economy or to ‘state capture’. Both the privatisation of the state and the lack of its privatisation result in budget crises as well as drastic social and political shocks, leading to calls for a ‘strong hand’ in the business community itself. However, as there is little political competition and the mechanisms of democratic control are weak, state consolidation takes place as a bureaucratic consolidation accompanied by new opportunities for informal ‘business capture’ by the authorities. Nevertheless, the high degree of openness of the economy and the remaining heterogeneity of political actors provide busine...read more
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Book ChapterDOI
Varieties of Capitalism in Post-Communist Countries
TL;DR: The former state socialist countries of Eastern Europe and the former Soviet Union have been transformed into capitalist systems, albeit with substantial differences among them and from advanced capitalist systems elsewhere as mentioned in this paper, and the value of an institutional approach has gained recognition as neoclassical economics proved a poor guide to forms of economic development and performance.
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Without a Map – Political Tactics and Economic Reform in Russia
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Setting Your Own Standards: Internal Corporate Governance Codes as a Response to Institutional Pressure
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MonographDOI
How capitalism was built : the transformation of Central and Eastern Europe, Russia, the Caucasus, and Central Asia
TL;DR: In this article, the authors describe a world transformed from Communism and its demise to a market economy, from hyperinflation to financial stability, from crime toward law, and the importance of the European Union.
References
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Journal ArticleDOI
International trade and industrial upgrading in the apparel commodity chain
TL;DR: In this article, a global commodity chains perspective is used to analyze the social and organizational dimensions of international trade networks, with an emphasis on the apparel industry, and the mechanisms by which organizational learning occurs in trade networks.
Journal ArticleDOI
Winners Take All: The Politics of Partial Reform in Postcommunist Transitions
TL;DR: Based on evidence from the post-communist transitions, the authors suggests that the most serious political obstacles to the process of economic reform have come not from the short-term losers but from groups that gain substantial rents from the early distortions of a partially reformed economy.