The transition from communism or socialism to capitalism has proved to be a rockier road than many in the West (think of Fukuyama as an example) anticipated. The degree and character of challenges that countries faced during the transition depended on the nature of the pathways taken and their local specific institutional context. An economic sociologist Ivan Szelenyi distinguishes three major trajectories countries followed: Central European neo-liberalism; post USSR neo-patrimonial regime and the East Asian (Chinese and Vietnamese) transformation from below.
In this short (open access) paper “Pathways from and Crises after Communism: the Case of Central Eastern Europe“, Szelenyi explores the various institutional trajectories through which neoliberalism took command in Hungary, Poland, Bulgaria, Czech Republic, Romania, Slovakia and Slovenia, from 1989 till 2010. He also presents a comparative perspective, taking into account issues like privatization, deindustrialization, labour, public debt, poverty and more.