From triumph to crisis : neoliberal economic reform in postcommunist countries / Hilary Appel, Mitchell A. Orenstein.
| Author/creator | Appel, Hilary author. |
| Other author | Orenstein, Mitchell A. (Mitchell Alexander), author. |
| Format | Book |
| Publication | Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2018. |
| Copyright Date | ©2018 |
| Description | xi, 243 pages ; 23 cm |
| Subjects |
| Contents | Triumph and crisis of neoliberalism -- First phase : the Washington consensus -- Second phase : Europeanization -- Third phase : avant-garde neoliberalism -- Competitive signaling and foreign direct investment -- The crisis of neoliberalism -- Revising transition theory. |
| Abstract | "Competing for Capital How Neoliberalism Prevailed in Post-Communist Countries The post-Communist countries were amongst the most fervent and committed adopters of neoliberal economic reforms. Not only did they manage to overcome the anticipated domestic opposition to 'shock therapy' and Washington Consensus reforms, but many fulfilled the membership requirements of the European Union and even adopted avant-garde neoliberal reforms like the flat tax and pension privatisation. Neoliberalism in the post-Communist countries went farther and lasted longer than expected, but why? Unlike pre-existing theories based on domestic political- economic struggles, this book focuses on the imperatives of re- insertion into the international economy. Appel and Orenstein show how countries engaged in "competitive signalling," enacting reforms in order to attract foreign investment. This signalling process explains the endurance and intensification of neoliberal reform in these countries for almost two decades, from 1989-2008, and its decline thereafter, when inflows of capital into the region suddenly dried up. This book will interest students of political economy and Eastern European and Eurasian politics"-- Provided by publisher. |
| Bibliography note | Includes bibliographical references and index. |
| LCCN | 2017053696 |
| ISBN | 9781108435055 |
| ISBN | 9781108422291 hardcover alkaline paper |
| ISBN | 1108422292 hardcover alkaline paper |
| ISBN | 110843505X paperback |