Bandelj From Communists to Foreign Capitalists

The Social Foundations of Foreign Direct Investment in Postsocialist Europe
Course Book
ISBN: 978-1-4008-4125-7
Verlag: De Gruyter
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 312 Seiten

No detailed description available for "From Communists to Foreign Capitalists".

Autoren/Hrsg.

Bandelj, Nina

Fachgebiete

• Sozialwissenschaften Politikwissenschaft Politische Ideologien Marxismus, Kommunismus
• Geisteswissenschaften Geschichtswissenschaft Weltgeschichte & Geschichte einzelner Länder und Gebietsräume Europäische Geschichte
• Sozialwissenschaften Soziologie | Soziale Arbeit Soziologie Allgemein Demographie, Demoskopie

Inhaltsverzeichnis

List of Tables ix

List of Figures xi

Acknowledgments xiii

Prologue xvii

CHAPTER 1: Social Foundations of the Economy 1

The Argument 2

A Social-Constructivist Perspective on Economic Organization

and Action 8

The Empirical Case: Foreign Direct Investment in

Postsocialist Europe 16

CHAPTER 2: From Socialism to Postsocialism 29

Socialism 30

Challenges of the Transformation: Shock Therapy versus

Gradualism 43

The Context of Transformation 46

Conclusion 64

CHAPTER 3: Institutionalization of FDI in Postsocialism 65

FDI as Instituted Process 66

Legitimization of FDI Practice 70

FDI Trends since 1989 88

Explaining FDI Inflows across Countries

over Time 91

How Postsocialist States Create Markets 99

Conclusion 101

CHAPTER 4: Cross-Country Patterns in FDI Flows 103

From Country Characteristics to Relations between Countries 104

Social Relations as Determinants of FDI Flows 111

Embeddedness and Globalization 126

Conclusion 130

CHAPTER 5: Embeddedness of Organizational FDI Attempts 131

Invested Transactions: The Intricacies of FDI Attempts 131

What Determines FDI Transactions? 143

Network Embeddedness 145

Cultural Embeddedness 149

Political Embeddedness 155

Macro-Institutional Embeddedness 159

Embeddedness: Structures-Power-Culture Configurations 162

Conclusion 166

CHAPTER 6: Uncertainty and the Practice of FDI Transactions 168

Rethinking Instrumental Rational Action 169

Uncertainty 174

Practical Action Model 177

Substantive Varieties of Rationality 179

Procedural Varieties of Action 181

Logic of Decision-Making Practice: Routines, Emotions,

Creativity 189

Conclusion 194

CHAPTER 7: Embedded Economies 196

Creation of Markets: From One Kind of Embeddedness

to Another 196

Operation of Markets: Structures-Power-Culture Configurations 200

Varieties of Postsocialist Capitalism 206

Conclusion 218

Epilogue 221

Appendix on Method and Data Sources 223

Notes 243

References 255

Index 291

Über Autor(innen)

Nina Bandelj is assistant professor of sociology and faculty associate at the Center for the Study of Democracy at the University of California, Irvine.