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61 World Pol. 670 (2009)
Enlarging the Varieties of Capitalism: The Emergence of Dependent Market Economies in East Central Europe

handle is hein.journals/wpot61 and id is 724 raw text is: 




       ENLARGING THE VARIETIES

                    OF CAPITALISM

     The Emergence of Dependent Market

        Economies in East Central Europe

        By  ANDREAS NOLKE and ARJAN VLIEGENTHART*


                            INTRODUCTION


D URING the last few years, comparative typologies of capitalisms
     (comparative  capitalism)' have become  canonical among   students
of the political economy  of Western  societies.2 This research field has
been  pioneered  by scholars such as Andrew   Shonfield3  and popular-
ized by Michael  Albert,4 and  the landmark  volume  compiled  by Peter
Hall  and David  Soskice'  has both built upon  and  inspired many  re-
lated studies. The idea that the basic institutions of capitalism differ
from  one country  to another  and that these differences are not acci-
dental but  linked to strong institutional complementarities, has led to
a very sophisticated, holistic, and easily understandable picture of the
institutional complexity of advanced  capitalism. Many  empirical stud-
ies depart from  the juxtaposition of liberal market economies  (LMES),
typically represented by the U.S., and  coordinated  market  economies
(CMEs), typically represented by Germany.

  * We thank seminar and conference participants at the San Diego International Studies Association
Convention, the Darmstadt meeting of the German Political Science Association; Goethe University
Frankfurt; Max Planck Institute for the Study of Societies, Cologne; and Vrije Universiteit, Amster-
dam, for comments. Reviews by Jan Drahokoupil, Bela Greskovits, Henk Overbeek, Bastiaan van
Apeldoorn,James Perry, Laura Horn, and Angela Wigger have been most beneficial. We are also very
grateful for the detailed commentary of three anonymous reviewers. Helpful research assistance has
been provided by Brigitte Holden, Christian Maller, and Max Breuer. The contribution of Andreas
Nalke was supported by a research stay at the Max Planck Institute for the Study of Societies. Empiri-
cal research has been made possible by a grant by the Dutch funding agency, Nwo.
   'Jackson and Deeg 2006.
   2 Blyth 2003, 215.
   3 Shonfield 1965.
   4 Albert 1991.
   ' Hall and Soskice 2001a.

World Politics 61, no. 4 (October 2009), 670-702
Copyright ( 2009 Trustees of Princeton University
10.1017/S0043887109990098

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