Networks and Institutions in Europe's Emerging Markets by Rog... - 9781107031340

Networks and Institutions in Europe's Emerging Markets by Rog... - 9781107031340

Networks and Institutions in Europe's Emerging MarketsAuthor(s): Roger Schoenman\nFormat: Hardback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9781107031340, 978-1107031340\nSynopsis\nDo ties between political parties and businesses harm or benefit the development of market institutions? The post-communist transition offers an unparalleled opportunity to explore when and how networks linking the polity and the economy support the development of functional institutions. A quantitative and qualitative analysis covering eleven post-socialist countries combined with detailed case studies of Bulgaria, Poland and Romania documents how the most successful post-communist countries are those in which dense networks link politicians and businesspeople, as long as politicians are constrained by intense political competition. This combination allowed Poland to emerge with stable institutions while Bulgaria demonstrates that in developing .

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