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TRANSITION AND POLITICAL MARKETS: POST‐WAR GERMAN VERSUS POST‐SOCIALIST SLOVENIAN RECONSTRUCTION
Author(s) -
Mrkaić Mićo,
Pezdir Rado
Publication year - 2007
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.2007.00782.x
Subject(s) - politics , pace , transition (genetics) , german , liberalization , communism , post communist , economic system , political science , economics , world war ii , political economy , market economy , geography , law , chemistry , archaeology , gene , biochemistry , geodesy
In this paper we try to explain why the economic and political transition in Germany after World War II was successful, and why the transition in post‐communist Slovenia was not. We analyse interactions between political markets and economies in both countries. The differences between the two transitions can be explained by different institutional transformations and different roles of interest groups. In Slovenia, the slow pace of political reform inhibited economic liberalisation.