Abstract
| Original language | English |
|---|---|
| Journal | West European Politics |
| Volume | 42 |
| Issue number | 5 |
| Pages (from-to) | 1041-1068 |
| Number of pages | 28 |
| ISSN | 0140-2382 |
| DOIs | |
| Publication status | Published - 2019 |
Keywords
- Varieties of capitalism
- Eastern Europe
- Romania
- Dependence
- Industrial policy
- Vocational training
Cite this
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Dependent Development at a Crossroads? Romanian Capitalism and Its Contradictions. / Ban, Cornel.
In: West European Politics, Vol. 42, No. 5, 2019, p. 1041-1068.Research output: Contribution to journal › Journal article › Research › peer-review
TY - JOUR
T1 - Dependent Development at a Crossroads?
T2 - Romanian Capitalism and Its Contradictions
AU - Ban, Cornel
PY - 2019
Y1 - 2019
N2 - How has the Great Recession changed what we know about dependent market economies (DME) in Eastern Europe? To answer that question this paper looks at the case of Romania’s version of the DME and captures both understudied forms of dependence and emerging interdependence dynamics that the existing literature on dependence has hitherto neglected. Specifically, the literature does not analyse the role of transnational banks in forging a politicised public–private form of sovereign debt crisis governance. Second, the inattention of the literature to the supply side of the labour market leads to the neglect of migration as a critical factor shaping state, multinational corporation and corporate strategies. Third, the analysis highlights the centrality of industrial policy in a Janus-faced process in which neoliberal competition state has to cohabit with an incipient, wobbly but nevertheless real neo-developmentalist entrepreneurial state.
AB - How has the Great Recession changed what we know about dependent market economies (DME) in Eastern Europe? To answer that question this paper looks at the case of Romania’s version of the DME and captures both understudied forms of dependence and emerging interdependence dynamics that the existing literature on dependence has hitherto neglected. Specifically, the literature does not analyse the role of transnational banks in forging a politicised public–private form of sovereign debt crisis governance. Second, the inattention of the literature to the supply side of the labour market leads to the neglect of migration as a critical factor shaping state, multinational corporation and corporate strategies. Third, the analysis highlights the centrality of industrial policy in a Janus-faced process in which neoliberal competition state has to cohabit with an incipient, wobbly but nevertheless real neo-developmentalist entrepreneurial state.
KW - Varieties of capitalism
KW - Eastern Europe
KW - Romania
KW - Dependence
KW - Industrial policy
KW - Vocational training
KW - Varieties of capitalism
KW - Eastern Europe
KW - Romania
KW - Dependence
KW - Industrial policy
KW - Vocational training
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U2 - 10.1080/01402382.2018.1537045
DO - 10.1080/01402382.2018.1537045
M3 - Journal article
VL - 42
SP - 1041
EP - 1068
JO - West European Politics
JF - West European Politics
SN - 0140-2382
IS - 5
ER -