The transformation of post-socialist capitalism – from developmental state to clan state?

Dorottya Sallai and Gerhard Schnyder

No 18535, Greenwich Papers in Political Economy from University of Greenwich, Greenwich Political Economy Research Centre

Abstract: Various characterisations exist of the model of post-social capitalism exist. While most typologies underscore the prominent role of the state in post-socialist capitalism compared to Western economies, the literature is less clear about what exactly this role consists of. For the case of East Central Europe, some authors underscore the weakness of the state and its ‘capture’ by business interests, while others attribute to the state a benign role in successful industrial restructuring. We show that both views are of limited use to understand the phase of ‘backsliding’ that these economies are currently experiencing. We draw on anthropological models of post-socialist states that focus on elite dynamics within the state and show that this focus allows us to interpret backsliding in Hungary as a reversal of the developmental state into a clan-state.

Keywords: State capitalism; political ties; corporate strategies; clan-state; post-socialism; autocracy (search for similar items in EconPapers)
JEL-codes: H13 P16 P26 (search for similar items in EconPapers)
Date: 2018-01-12
New Economics Papers: this item is included in nep-hme, nep-pke and nep-tra
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Citations: View citations in EconPapers (4)

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