Abstract
This contribution aims to set the development of Czech capitalism against the frameworks developed by Hall and Soskice and Amable. The conclusion is that, although the general approach of looking for different kinds of capitalism is extremely fruitful, it is neither possible nor helpful to try to classify the Czech experience within an established model. The nature and significance of the relationships between business, labour relations and social and welfare policies are not the same as in the advanced and mature market economies studied by the above authors. There are three central areas in which their established frameworks need to be modified.
Part of the research for this chapter was supported by a three-week visit to Prague in September 2004 through the British Academy’s academic exchange programme.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Amable, B. (2003) The Diversity of Modern Capitalism (Oxford: Oxford University Press).
Coffee, J. C. Jr (1996) ‘Institutional Investors in Transitional Economies: Lessons from the Czech Experience’, in R. Frydman, C. Gray and A. Rapaczynski (eds), Corporate Governance in Central Europe and Russia, vol. 1 (Budapest, London and New York: Central European University Press), 111–86.
ČSÚ (Czech Statistical Office) (1998) Statistická ročenka České republiky 1998 (Prague: Scientia).
ČSÚ (Czech Statistical Office) (2004) Vývoj mezd v letech 1993–2003 <http://www.czso.cz >(accessed 26 May 2005).
Federální ministerstvo fínancí (1991) Kupónová privatizace Informační příručka (Prague).
Hall, P. and D. Soskice (2001) (eds) Varieties of Capitalism: The Institutional Foundations of Comparative Advantage (Oxford: Oxford University Press).
McDermott, G. (2002) Embedded Politics: Industrial Networks and Institutional Change in Postcommunism (Ann Arbor, MI: Michigan University Press).
Mertlík, P. (1995) ‘Czech Privatization: from Public Ownership to Public Ownership in Five Years?’ Prague Economic Papers, 4, 321–36.
Mlčoch, L. (1999) ‘Jaký model pro český kapitalismus?’, in M. Potůček (ed.), Česká společnost na konci tisíciletí (Prague: Karolinum).
Myant, M. (1993) Transforming Socialist Economies: The Case of Poland and Czechoslovakia (Aldershot: Edward Elgar).
Myant, M. (2000) ‘Employers’ Interest Representation in the Czech Republic’, Journal of Communist Studies and Transition Politics, 16, 1–20.
Myant, M. (2003a) ‘Czech Banking in Comparative Perspective’, Prague Economic Papers, 12, 131–44.
Myant, M. (2003b) The Rise and Fall of Czech Capitalism: Economic Development in the Czech Republic since 1989 (Cheltenham, UK and Northampton, MA: Edward Elgar).
Myant, M. and S. Smith (1999) ‘Czech Trade Unions in Comparative Perspective’, European Journal of Industrial Relations, 5, 265–85.
Myant, M., B. Slocock and S. Smith (2000) ‘Tripartism in the Czech and Slovak Republics’, Europe-Asia Studies, 52, 723–39.
Orenstein, M. (2001) Out of the Red: Building Capitalism and Democracy in Postcommunist Europe (Ann Arbor, MI: University of Michigan Press).
Poliert, A. (1999) Transformation at Work in the New Market Economies of Central Eastern Europe (London: Sage Publications).
Ringold, D. (1999) ‘Social Policy in Postcommunist Europe’, in L. Cook, M. Orenstein and M. Rueschemeyer (eds), Left Parties and Social Policy in Postcommunist Europe (Boulder, CO: Westview Press), 11–46.
Rueschemeyer, M. and S. Wolchik (1999) ‘The Return of Left-Oriented Parties in Eastern Germany and the Czech Republic and their Social Policies’, in L. Cook, M. Orenstein and M. Rueschemeyer (eds), Left Parties and Social Policy in Postcommunist Europe (Boulder, CO: Westview Press), 109–43.
Schumpeter, J. (1943) Capitalism, Socialism and Democracy (London: George Allen & Unwin).
Schütte, C. (2000) Privatization and Corporate Control in the Czech Republic (Cheltenham, UK and Northampton, MA: Edward Elgar).
Soulsby, A. and E. Clark (1996) ‘The Emergence of Post-Communist Management in the Czech Republic’, Organization Studies, 17, 227–48.
Soulsby, A. and E. Clark (1998) ‘Controlling Personnel: Management and Motive in the Transformation of the Czech Enterprise’, International Journal of Human Resource Management, 9, 79–98.
Takla, L. (1999) ‘Privatization: A Comparative Experiment — Poland, the Czech Republic and Hungary’, in C. Helmenstein (ed.), Capital Markets in Central and Eastern Europe (Cheltenham, UK and Northampton, MA: Edward Elgar), 318–70.
Vepřek, J., P. Vepřek and J. Janda (2002) Zpráva o léčení českého zdravotnictví anebo Zdravotnická reforma včera, dnes a zítra (Prague: Grada Publishing).
Žák, V. (1999) ‘Rozhovor s Janem Vŕbou’, Listy, No.6.
Wiesenthal, H. (1996) ‘Organized Interests in Contemporary East Central Europe: Theoretical Perspectives and Tentative Hypotheses’ in A. Ágh and G. Ilonszki (eds), Parliaments and Organized Interests: The Second Steps (Budapest: Hungarian Center for Democracy Studies Foundation), 40–58.
Editor information
Editors and Affiliations
Copyright information
© 2007 Martin Myant
About this chapter
Cite this chapter
Myant, M. (2007). The Czech Republic: From ‘Czech’ Capitalism to ‘European’ Capitalism. In: Lane, D., Myant, M. (eds) Varieties of Capitalism in Post-Communist Countries. Studies in Economic Transition. Palgrave Macmillan, London. https://doi.org/10.1057/9780230627574_6
Download citation
DOI: https://doi.org/10.1057/9780230627574_6
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-54542-1
Online ISBN: 978-0-230-62757-4
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)