King seeks to understand how the transition from state-socialism
to capitalism was accomplished in Eastern Europe. The purpose of
studying the process of transition is uo understand the end-point
of the transition; that is, the structure of the postcommunist
economy results from the different ways that private property was
made by enterprise level actors. King identifies strategies of
transition employed by postcommunist economic elites to transform
property and acquire various property rights discusses, the
conditions under which different strategies are likely to be
selected, lists and, the resources used by actors to implement
these strategies.
As King illustrates through his case studies, when aggregated,
these strategies are primarily responsible for the structuring of
the postcommunist capitalist systems. This is done through the
creation of different types of property (such as multinationals or
management buy-outs) and integrating mechanisms (such as markets or
state redistribution). The resulting property forms and integrative
mechanisms that emerge from this process are assessed for their
possible effect on economic performance and long-term development.
Differences that exist among the various postcommunist economies
are explained by the institutional legacies from the reform period
of communism. This book is of particular interest to scholars,
students, and researchers involved with East European studies,
political and economic sociology, and international political
economy.
General
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