Networks and Institutions in Europe's Emerging Markets

Roger Schoenman

doi:10.1017/CBO9781139381628

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Roger Schoenman, University of California, Santa Cruz

Publisher:: Cambridge University Press
Online publication date:: June 2014
Print publication year:: 2014
Online ISBN:: 9781139381628
DOI:: https://doi.org/10.1017/CBO9781139381628
Creative Commons:: This content is Open Access and distributed under the terms of the Creative Commons Attribution licence CC-BY-NC 4.0 https://creativecommons.org/creativelicenses

Subjects:: Area Studies, European Studies, Political Sociology, Politics and International Relations, European Government, Politics and Policy, Comparative Politics, Sociology
Series:: Cambridge Studies in Comparative Politics

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Do 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 economies intense political competition alone is harmful in the absence of dense personal and ownership networks. Indeed, as Romania illustrates, networks are so critical that their weakness is not mitigated even by low political competition. This title is available as Open Access on Cambridge Books Online and via Knowledge Unlatched.

‘Roger Schoenman’s book transforms the well-known adage of the police investigator to 'follow the money' to 'follow the links' from one associate to the next. The irony of the so-called market reforms is that they provided the opportunity for entrepreneurs who realized the value of connections of old networks to create a new political and economic elite class. This reality was not, and is not, always pretty. Schoenman's analysis explains why some countries succeeded and others failed. It is a rich and analytical study that breaks away from the emphasis on macro-institutions to explain how countries are built bottom up.’

Bruce Kogut - Sanford C. Bernstein Professor, Columbia University, New York

‘Roger Schoenman’s remarkable new book dives deeply into the fascinating (and often sordid) world of business and party linkages in emerging Europe. He explains why and when the mutual self-dealing of the oligarchs and the party elites can have broadly beneficial results, and he explains the dire consequences when one side or the other gets the upper hand for good.’

Wade Jacoby - Mary Lou Fulton Professor of Political Science, Brigham Young University

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Networks and Institutions in Europe's Emerging Markets

This Book has been cited by the following publications. This list is generated based on data provided by Crossref.

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Contents

Networks and Institutions in Europe’s Emerging Markets - Half title page
pp i-ii

Series page
pp iii-iv

Networks and Institutions in Europe’s Emerging Markets - Title page
pp v-v

Copyright page
pp vi-vi

Dedication
pp vii-viii

Contents
pp ix-ix

Figures
pp x-x

Tables
pp xi-xi

Acknowledgements
pp xii-xiv

Introduction
pp 1-26

Part I - Foundations
pp 27-52

1 - Approaches to institution building
pp 29-52

Part II - The Role of Networks
pp 53-128

2 - When broad networks increase cooperation
pp 55-83

3 - Tracing ownership networks
pp 84-128

Part III - The Role of Uncertainty
pp 129-164

4 - When uncertainty increases cooperation
pp 131-144

5 - Tracing elite career networks
pp 145-164

Part IV - Bringing It Together
pp 165-195

6 - Institutional development in new democracies
pp 167-184

7 - Conclusion: political varieties of capitalism in emerging markets
pp 185-195

List of interviews
pp 196-199

References
pp 200-215

Index
pp 216-226

Miscellaneous Endmatter
pp 227-231

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Networks and Institutions in Europe's Emerging Markets

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