Introduction to the course: main issues, stylized facts and conceptual framework.
Diversity of modern capitalism - the institutional economics perspective.
Varying models of socialism and capitalism in retrospect.
Varieties of Capitalism approach (VoC) - conceptual framework.
Micro- and macroeconomic dimensions of the Liberal Market Economy (LME).
Micro- and macroeconomic dimensions of the Coordinated Market Economy (CME).
Beyond the VoC dichotomy - diversity of capitalism in the EU.
The Mediterranean model of capitalism: micro- and macroeconomic dimensions.
The Nordic model of capitalism: micro- and macroeconomic dimensions.
Diversity of capitalism in the EU - comparative economic performance.
Applicability of standard institutional frameworks for transition countries.
The emerging diversity of capitalism in new EU (CEE10) member countries.
Real convergence in new EU (CEE10) members - institutions as determinants of economic development.
European Union - acquis communautaire vs. diversity of capitalism.
Greece, Portugal and Spain vs. CEE10 - EU enlargement experiences, a comparative analysis of institutional quality.
|