The Political Economy of Dual Transformations

Market Reform and Democratization in Hungary

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
Cover of the book The Political Economy of Dual Transformations by David L. Bartlett, University of Michigan Press
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Author: David L. Bartlett ISBN: 9780472023301
Publisher: University of Michigan Press Publication: May 6, 2010
Imprint: University of Michigan Press Language: English
Author: David L. Bartlett
ISBN: 9780472023301
Publisher: University of Michigan Press
Publication: May 6, 2010
Imprint: University of Michigan Press
Language: English

In the early 1990s, scholars voiced skepticism about the capacity of Eastern Europe's new democracies to manage simultaneous political and economic reform. They argued that the surge of popular participation following democratization would thwart efforts by successor governments to enact market reforms that imposed high costs on major elements of post-Communist society. David Bartlett challenges the conventional wisdom regarding the hazards of "dual transformations": far from hindering marketization, democratization facilitated it. Bartlett argues that the transition to democracy in East Central Europe lowered the political barriers to market reforms by weakening the ability of actors most vulnerable to marketization to manipulate the existing institutional structure to stop or slow down the process.

Although the analysis focuses on Hungary, whose long history of market reforms makes it an ideal vehicle for assessing the impact of institutional change on reform policy, the author shows how his findings call into question the use of "shock therapy" and arguments, based on the experience in East Asia, that economic development and democratization are incompatible.

This book will appeal to economists, political scientists, and others interested in transition problems in formerly communist countries, democratic transitions, and the politics of stabilization and adjustment.

David L. Bartlett is Assistant Professor of Political Science, Vanderbilt University.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

In the early 1990s, scholars voiced skepticism about the capacity of Eastern Europe's new democracies to manage simultaneous political and economic reform. They argued that the surge of popular participation following democratization would thwart efforts by successor governments to enact market reforms that imposed high costs on major elements of post-Communist society. David Bartlett challenges the conventional wisdom regarding the hazards of "dual transformations": far from hindering marketization, democratization facilitated it. Bartlett argues that the transition to democracy in East Central Europe lowered the political barriers to market reforms by weakening the ability of actors most vulnerable to marketization to manipulate the existing institutional structure to stop or slow down the process.

Although the analysis focuses on Hungary, whose long history of market reforms makes it an ideal vehicle for assessing the impact of institutional change on reform policy, the author shows how his findings call into question the use of "shock therapy" and arguments, based on the experience in East Asia, that economic development and democratization are incompatible.

This book will appeal to economists, political scientists, and others interested in transition problems in formerly communist countries, democratic transitions, and the politics of stabilization and adjustment.

David L. Bartlett is Assistant Professor of Political Science, Vanderbilt University.

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