Post-socialist societal trajectories: democratic and market transition or state capture?

Andrey Nonchev ()
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Andrey Nonchev: University of National and World Economy, Sofia, Bulgaria

Nauchni trudove, 2018, issue 1, 43-53

Abstract: The article discusses alternative trajectories of post-socialist societal transformations, with an emphasis on a specific state of society designated as "state capture". It presents a theoretical model that interprets the state capture not as an anonymous actorless process, but as a rational pursuit of specific strategies for acquisition, concentration and preservation of political and economic power and extraction of economic benefits/rents. The implementation of these strategies involves the formation and operation of the politico-economic power networks that seek to control key public legislative, executive and judiciary institutions. These processes have a systematic nature and significant political, economic and social consequences.

Keywords: state capture; public institutions; power networks; politico-economic power networks; corruption; clientelism (search for similar items in EconPapers)
JEL-codes: A1 B4 H11 P3 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:nwe:natrud:y:2018:i:1:p:43-53

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