Failed market insertion in Romania’s chemical industry: evidence from two former state-owned enterprises

Zoltán Mihály

Review of International Political Economy, 2023, vol. 30, issue 5, 2012-2033

Abstract: This article describes the micro-foundations of failed market insertion in Romania’s chemical sector. During the EU pre-accession period, transnational integration regimes (TIRs) induced FDI-dependence. In turn, mass-privatization policies in conjunction with weak state capacities—evidenced by domestic development policies with limited operational use—caused failed market insertion. Two former state-owned enterprises (SOEs) are analyzed in this manner, and two pathways to failed integration emerge: via domestic mismanagement and multi-national corporations’ (MNCs) rent-seeking practices. The findings extend the diversity of the TIR framework and provide a nuanced account of downturn scenarios during EU integration.

Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/09692290.2022.2154243 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rripxx:v:30:y:2023:i:5:p:2012-2033

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rrip20

DOI: 10.1080/09692290.2022.2154243

Access Statistics for this article

Review of International Political Economy is currently edited by Gregory Chin, Juliet Johnson, Daniel Mügge, Kevin Gallagher, Ilene Grabel and Cornelia Woll

More articles in Review of International Political Economy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().