This book offers important new insights into recent advances and perspectives in the field of political economy of development in Southeastern European countries. In addition, it provides theoretical and empirical contributions to political economy of development in an international context. Written by authors from Greece, Serbia and Turkey, the book covers a broad spectrum of topics – from macroeconomics and economic policy to international political economy and globalization. Presenting new and original ideas, this is a valuable resource for anyone wishing to gain a deeper understanding of political economy of development in Southeastern Europe: academicians, policymakers and business practitioners.
Governments fail to provide the public goods needed for development when its leaders knowingly and deliberately ignore sound technical advice or are unable to follow it, despite the best of intentions, because of political constraints. This report focuses on two forces—citizen engagement and transparency—that hold the key to solving government failures by shaping how political markets function. Citizens are not only queueing at voting booths, but are also taking to the streets and using diverse media to pressure, sanction and select the leaders who wield power within government, including by entering as contenders for leadership. This political engagement can function in highly nuanced ways within the same formal institutional context and across the political spectrum, from autocracies to democracies. Unhealthy political engagement, when leaders are selected and sanctioned on the basis of their provision of private benefits rather than public goods, gives rise to government failures. The solutions to these failures lie in fostering healthy political engagement within any institutional context, and not in circumventing or suppressing it. Transparency, which is citizen access to publicly available information about the actions of those in government, and the consequences of these actions, can play a crucial role by nourishing political engagement.
This book explores the economic and social development of the Western Balkan region, a group of six countries that are potential candidates for EU membership. It focuses on the key economic issues facing these countries, including the challenge of promoting economic growth, limiting public deficits and debt, and fostering international trade relations. Given the severe impact of the recent economic crisis on social welfare in the region, it also investigates the nature and extent of social exclusion, a factor likely to produce future political instabilities if not effectively addressed by a return to sustainable economic growth. The contributions explore these issues in light of the major influence of EU policy instruments and advice, which are currently guiding the economies along an accession trajectory to future EU membership.
Theorizing Transition provides a comprehensive examination of the economic, political, social and cultural transformations in post-Communist countries and an important critique of transition theory and policy. The authors create the basis of a theoretical understanding of transition in terms of a political economy of capitalist development. The diversity of forms and complexities of transition are examined through a wide range of examples from post-Soviet countries and comparative studies from countries such as Vietnam and China. Theorizing Transition challenges many of the comfortable assumptions unleashed by the euphoria of democratisation and the triumphalism of market capitalism in the early 1990s and shows transition to be much more complex than mainstream theory suggests.
This volume examines and evaluates the impact of international statebuilding interventions on the political economy of conflict-affected countries over the past 20 years. It focuses on countries that are emerging, or have recently emerged, from periods of war and protracted conflict. The interventions covered fall into three broad categories: international administrations and transformative occupations (East Timor, Iraq, and Kosovo); complex peace operations (Afghanistan, Burundi, Haiti, and Sudan); governance and statebuilding programmes conducted in the context of economic assistance (Georgia and Macedonia). This book will be of interest to students of statebuilding, humanitarian intervention, post-conflict reconstruction, political economy, international organisations and IR/Security Studies in general.
In post-1991 Macedonia, Barok furniture came to represent affluence and success during a period of transition to a new market economy. This furniture marked the beginning of a larger Baroque style that influenced not only interior decorations in people’s homes but also architecture and public spaces. By tracing the signifier Baroque, the book examines the reconfiguration of hierarchical relations among (ethnic) groups, genders, and countries in a transnational context. Investigating how Baroque has come to signify larger social processes and transformations in the current rebranding of the country, the book reveals the close link between aesthetics and politics, and how ethno-national conflicts are reflected in visually appealing ornamentation.
In Researching Yugoslavia and its Aftermath, a common thread is the authors’ path through the time and space context in which fieldwork has taken place. Accordingly, this collection tackles problems that have always existed but have not been dealt with in a single volume. In particular, it examines a range of methodological questions arising from the contributors’ shared concerns, and thus the obstacles and solutions characterising the relationship between researchers and their objects of study. Being an interdisciplinary project, this book brings together highly regarded historians, sociologists, anthropologists, political scientists, cultural and social theorists, as well as experts in architecture and communication studies. They share a belief that the awareness of the researcher’s own position in fieldwork is a precondition of utmost significance to comprehend the evolution of objects of study, and hence to ensure transparency and ultimate credibility of the findings. Moreover, the contributors come from diverse backgrounds, including authors from the former Yugoslavia and others who have made their way to the region after starting their research careers; some from universities in the area, others from institutions in the Global North. Here, they explore cross-cutting issues such as the repercussions of gender, nationality, institutional affiliation and the consequences of their entry into the field. This is examined in terms of the results of the research and the ethical aspect of the relationship with the object of study, as well as the implications of the chosen time framework in the methodological design and the clash between this decision and the interests of the actors studied.
Dark Finance offers one of the first ethnographic accounts of financial expansion and its political impacts in Eastern Europe. Following workers, managers, and investors in the Macedonian construction sector, Fabio Mattioli shows how financialization can empower authoritarian regimes—not by making money accessible to everyone, but by allowing a small group of oligarchs to monopolize access to international credit and promote a cascade of exploitative domestic debt relations. The landscape of failed deals and unrealizable dreams that is captured in this book portrays finance not as a singular, technical process. Instead, Mattioli argues that finance is a set of political and economic relations that entangles citizens, Eurocrats, and workers in tense paradoxes. Mattioli traces the origins of illiquidity in the reorganization of the European project and the postsocialist perversion of socialist financial practices—a dangerous mix that hid the Macedonian regime's weakness behind a façade of urban renewal and, for a decade, made it seem omnipresent and invincible. Dark Finance chronicles how, one bad deal at a time, Macedonia's authoritarian regime rode a wave of financial expansion that deepened its reach into Macedonian society, only to discover that its domination, like all speculative bubbles, was teetering on the verge of collapse.
