Diversity of Capitalism in the European Post-Socialist Economies: The Balkan States at a Crossroads
Journal: Digitalni Knihovna (Univerzita Pardubice)
Year: 2016

The main aim of the paper is to classify the types of capitalism in the Balkan states in the context of the European post-socialist countries and identify the principal strengths and weaknesses of institutional organization in these countries. The paper uses Amable’s approach, which is supplemented by the influence of the political environment. The paper identifies two different capitalist clusters in the Balkan area: market economies (Bulgaria, Croatia, Montenegro and Romania) and hybrid econom