From Communists to foreign capitalists the social foundations of foreign direct investment in postsocialist Europe

"From Communists to Foreign Capitalists explores the intersections of two momentous changes in the late twentieth century: the fall of Communism and the rise of globalization [...] The book explores how eleven post-socialist countries address the very idea of FDI as an integral part of their ma...

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Bibliographische Detailangaben
1. Verfasser: Bandelj, Nina (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: Princeton, N.J. u.a. Princeton Univ. Press 2008
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Beschreibung
Zusammenfassung:"From Communists to Foreign Capitalists explores the intersections of two momentous changes in the late twentieth century: the fall of Communism and the rise of globalization [...] The book explores how eleven post-socialist countries address the very idea of FDI as an integral part of their market transition. The inflows of foreign capital after the collapse of Communism resulted not from the withdrawal of states from the economy, as is commonly expected, but rather from the active involvement of post-socialist states in institutionalizing and legitimizing FDI. Using a wide array of data sources, and combining a macro-level account of national variation in the liberalization to foreign capital with a micro-level account of FDI transactions in the decade following the collapse of Communism in 1989, the book reveals how social forces not only constrain economic transformations but also make them possible." -- Book jacket.
Beschreibung:Includes bibliographical references (p. [255]-289) and index
Social foundations of the economy -- The argument -- A social-constructivist perspective on economic organization and action -- The empirical case: foreign direct investment in postsocialist Europe -- From socialism to postsocialism -- Socialism -- Challenges of the transformation: shock therapy versus gradualism -- The context of transformation -- Conclusion -- Institutionalization of FDI in postsocialism -- FDI as instituted process -- Legitimization of FDI practice -- FDI trends since 1989 -- Explaining FDI inflows across countries over time -- How postsocialist states create markets -- Conclusion -- Cross-country patterns in FDI flows -- From country characteristics to relations between countries -- Social relations as determinants of FDI flows -- Embeddedness and globalization -- Conclusion -- Embeddedness of organizational FDI attempts -- Invested transactions: the intricacies of FDI attempts -- What determines FDI transactions? -- Network embeddedness -- Cultural embeddedness -- Political embeddedness -- Macro-institutional embeddedness -- Embeddedness: structures-power-culture configurations -- Conclusion -- Uncertainty and the practice of FDI transactions -- Rethinking instrumental rational action -- Uncertainty -- Practical action model -- Substantive varieties of rationality -- Procedural varieties of action -- Logic of decision-making practice : routines, emotions, creativity -- Conclusion -- Embedded economies -- Creation of markets: from one kind of embeddedness to another -- Operation of markets : structures-power-culture configurations -- Varieties of postsocialist capitalism -- Conclusion
Beschreibung:XVIII, 303 S.
Ill., Kt.
24 cm
ISBN:9780691129129 (cloth : alk. paper)
978-0-691-12912-9 (cloth : alk. paper)
0691129126 (cloth : alk. paper)
0-691-12912-6 (cloth : alk. paper)