This book explores the role of entrepreneurship in economic and social integration of post-Soviet immigrants in the European Union, and the ways in which national institutions influence these processes. The book traces the development of economic models and immigration policies in Austria, Spain, and Hungary and their influence on post-Soviet immigration and entrepreneurship in these countries. As such, the book provides an interdisciplinary approach in the study of institutions relevant to students, researchers and practitioners interested in the economics of migration, labor economics, and the political economy.

The 2009 European sovereign debt crisis and the EU’s policy response to it have prompted scholars to re-think whether diverse national models of capitalism can thrive within the European Union (EU). Are some national economic systems better suited to adapt to European integration than others, and if so, why? Contributions within this volume provide a qualified yes to these questions raised, concluding that the EU favors export-led growth models while it penalizes and discourages domestic consumption-oriented growth paths, particularly those that are financed by debt-accumulation. The book questions whether the EU is capable of integrating these diverse capitalist regimes. This volume adds a comparative capitalism perspective to EU integration scholarship in order to demonstrate that ever-closer union is not capable of accommodating diversity in national economic institutions. Chapters in this volume provide an innovative framework for understanding what factors related to European integration impede the economic and political integration of diverse European market economies. While recent comparative capitalism literature highlights that European monetary integration has favored export-led growth regimes, contributions in this volume outline that the EU’s prioritization of export-led growth over domestic-demand led growth is present in other facets of integration, including EU accession, financial integration, the free movement of people, fiscal governance and the Europe 2020 growth strategy. The chapters in this book were originally published as a special issue of New Political Economy.

The financial crisis of 2008 brought new urgency to the question how best to organise national economies. This volume gives a business history perspective on the Varieties of Capitalism debate and considers the respective merits of the liberal and coordinated market economies. It looks at individual firms and business people as well as institutions and takes a long-term perspective by covering the whole 20th century. The authors examine both continuity and change with a particular focus on the Netherlands, a nation with an open economy, situated between two countries that oppose each other in the way they organize their economies: Germany and Great Britain. The Netherlands also provides an important case study with Dutch business maintaining strong links to the United States, widely considered to be the ‘typical’ liberal market economy. Contributors address the main topics of the capitalism debate, including labour relations, corporate governance, the firm and its leaders, coordination between firms, innovation, multinationals as agents of change, and economic performance. They show that the Netherlands moved from a mostly liberal market economy before 1914 towards a coordinated market economy from the 1930s onwards, and – up to a certain extent – back again to a more liberal market economy. Under both varieties of capitalism the country experienced economic growth and stagnation, but a more equal division of wealth occurred in the coordinated market economy only. Wars and international economic crises offered moments for revaluation and changes of tack. This book raises questions for every country around the globe: How is change being brought about? Can one see different results from a liberal or a more coordinated market economy? And most critically: which system is more effective in bringing prosperity and enabling enough people to share in the wealth?

People from West Africa are risking their lives and surrendering their citizenship rights to enter exploitative labour markets in Europe. This book offers an explanation for this phenomenon that is based on close analysis of the contradictory economic and political agendas that create and constrain labour migration. It shows how global capitalism regulates different stages of the process within an interconnected system of economic dispossession, the construction of an illegal status, border control, labour exploitation and processes of underdevelopment. This is summarised as a regime of ‘unfree labour mobility’. Combined with structural and historical approaches, this book is based on ethnographic research. It incorporates those who are left behind, those who decide to stay, migrants who fail and those who are on the move, alongside clustered migrant communities in Senegal, Mauritania and Spain. The book’s panoramic approach shows how West African ‘step-wise’ journeys to Europe by land and sea sees competing territorial and economic policies regulating an unstable and unpredictable trajectory, creating ‘illegal’ labour through dual logics of border security and selective labour mobility. This book demonstrates that the diverse channels through which people migrate in the modern era are mediated by European states and labour markets, which utilise border regimes to control labour and be globally competitive. The themes and patterns that emerge, in their context of inter-generational change, present a challenge to the accepted wisdom about the individual and household dynamics of labour migration. This book is of interest to students and scholars of migration, transnationalism, politics, security, development, economics, and sociology.

This book considers why institutional forms of modern capitalist economies differ internationally, and proposes a typology of capitalism based on the theory of institutional complementarity. Different economic models are not simply characterized by different institutional forms, but also by particular patterns of interaction between complementary institutions which are the core characteristics of these models. Institutions are not just simply devices which would be chosen by 'social engineers' in order to perform a function as efficiently as possible; they are the outcome of a political economy process. Therefore, institutional change should be envisaged not as a move towards a hypothetical 'one best way', but as a result of socio-political compromises. Based on a theory of institutions and comparative capitalism, the book proposes an analysis of the diversity of modern economies - from America to Korea - and identifies five different models: the market-based Anglo-Saxon model; Asian capitalism; the Continental European model; the social democratic economies; and the Mediterranean model. Each of these types of capitalism is characterized by specific institutional complementarities. The question of the stability of the Continental European model of capitalism has been open since the beginning of the 1990s: inferior macroeconomic performance compared to Anglo-Saxon economies, alleged unsustainability of its welfare systems, too rigid markets, etc. The book examines the institutional transformations that have taken place within Continental European economies and analyses the political project behind the attempts at transforming the Continental model. It argues that Continental European economies will most likely stay very different from the market-based economies, and caat political strategies promoting institutional change aiming at convergence with the Anglo-Saxon model are bound to meet considerable opposition.

Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.

The 2009 European sovereign debt crisis and the EU’s policy response to it have prompted scholars to re-think whether diverse national models of capitalism can thrive within the European Union (EU). Are some national economic systems better suited to adapt to European integration than others, and if so, why? Contributions within this volume provide a qualified yes to these questions raised, concluding that the EU favors export-led growth models while it penalizes and discourages domestic consumption-oriented growth paths, particularly those that are financed by debt-accumulation. The book questions whether the EU is capable of integrating these diverse capitalist regimes. This volume adds a comparative capitalism perspective to EU integration scholarship in order to demonstrate that ever-closer union is not capable of accommodating diversity in national economic institutions. Chapters in this volume provide an innovative framework for understanding what factors related to European integration impede the economic and political integration of diverse European market economies. While recent comparative capitalism literature highlights that European monetary integration has favored export-led growth regimes, contributions in this volume outline that the EU’s prioritization of export-led growth over domestic-demand led growth is present in other facets of integration, including EU accession, financial integration, the free movement of people, fiscal governance and the Europe 2020 growth strategy. The chapters in this book were originally published as a special issue of New Political Economy.

Developments in European Politics considers what Europe is, where it came from, and what European citizens can make of it. It brings together specially commissioned chapters by leading authorities to give an up-to-date and systematic analysis of European political developments – in institutions, processes and policy – at national, regional and international levels. It provides wide-ranging and clear analysis of the factors influencing European politics, from populism and extremism in national politics to the broader forces of globalization, immigration, climate change and international terrorism. Bringing together a brand new contributor team, this new edition offers: - More coverage of Europe's role in the world - Increased focus on the attitudes of European citizens as the motor of European politics - End of chapter reading suggestions and key questions, enabling readers to engage with the important issues at stake - An overarching framework that hones in on four contemporary themes: the rise of authoritarian politics, the mismanagement of globalization, the perception of collective insecurity, and the disintegration of Europe. This is an ideal text for students undertaking courses on European Politics, as well as anyone interested in understanding the political challenges facing Europe today.

Harshly exploited migrant labour plays a fundamental role in the political economy of contemporary capitalism. The abstract and utopian theorising of many liberals and leftists on the migration question often ignores or downplays patterns of displacement and brutal class dynamics, which divide and weaken working people while empowering the ruling class. In this important new book, Hannah Cross provides a sober analysis of the class antagonisms of migration in the context of the nation, social democracy, and the racialized ordering of the world. Bringing Marxist methodology and strategy to a careful analysis of existing emancipatory movements, she sets out the programmes and approaches that are needed to promote global worker solidarity and create a future in which cheap labour is no longer a mainstay of wealthy economies. This focus on the labouring classes allows her to identify some important new directions for migration in a world beyond capitalism, exploitation and injustice. This book will be essential reading for students, scholars and general readers interested in the politics and political economy of migration in a world unhelpfully caught between racist authoritarian capitalism and the wishful-thinking of contemporary left-liberalism.

This book breaks new ground, taking business history where it has only reluctantly gone in the past. The introduction reviews the small, but growing, literature, based on fresh archival materials, which investigates the history of business organisation in the Global East, or the Second World in the Cold War. It argues that there is already a great variety of approaches that go beyond the view of the Soviet-style firm as primarily a production function. Focusing on East Germany and Yugoslavia, seven chapters showcase new directions in the field, and demonstrate that the combination of business history with other historical and disciplinary approaches can help unpack the diversity of historical experiences, explain geographical variances, and offer new avenues for synthesis. The volume’s exploration of different historical eras, including those of postwar reconstruction, through globalisation, to transformation, also shows that the Global East should not be treated as disconnected from the rest of the world, but as part of wider, global trends. As such, the volume makes a plea for the utility of studying the Global East to business history and the utility of business history to the study of the Global East. The chapters in this book were originally published as a special issue of Business History.