Diversity of Capitalism in the European Post-socialist Economies: The Balkan States at a Crossroads

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F16%3A43909447" target="_blank" >RIV/62156489:43110/16:43909447 - isvavai.cz</a>

Result on the web

<a href="https://download.upce.cz/fes/scipap/SciPap-D-36.pdf" target="_blank" >https://download.upce.cz/fes/scipap/SciPap-D-36.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Diversity of Capitalism in the European Post-socialist Economies: The Balkan States at a Crossroads

Original language description

The main aim of the paper is to classify the types of capitalism in the Balkan states in the context of the European post9socialist countries and identify the principal strengths and weaknesses of institutional organization in these countries. The paper uses Amable's approach, which is supplemented by the influence of the political environment. The paper identifies two different capitalist clusters in the Balkan area: market economies (Bulgaria, Croatia, Montenegro and Romania) and hybrid economies (Albania, Bosnia and Herzegovina, Macedonia and Serbia). The Balkan countries are compared with the other post9socialist economies, the EU-8 and post-soviet countries. Within the Balkan States, only Croatia and Montenegro are approaching the EU98 economies, while on the other hand, Albania has some characteristic in common with the Caucasian republics. In general, the Balkan States achieve better results than the post9soviet states; however, there are some common weaknesses: low quality of the education system and inefficient financial system, and rigid labour market in Albania, Croatia and Romania and underdeveloped political system in Bosnia and Herzegovina.

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

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Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2016

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Scientific Papers of the University of Pardubice. Series D, Faculty of Economics and Administration

ISSN

1211-555X

e-ISSN

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Volume of the periodical

23

Issue of the periodical within the volume

36

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

12

Pages from-to

152-163

UT code for WoS article

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EID of the result in the Scopus database

2-s2.0-85013435766