Capitalism without Compromise: Strong Business and Weak Labor in Eastern Europe's New Transnational Industries
In: Studies in comparative international development, Band 41, Heft 1, S. 3-25
ISSN: 0039-3606
This paper contributes to the debate on the social impact of globalization. It focuses on the mediating role of the sectoral pattern of transnational production relocation to the postcommunist economies of Eastern Europe. We argue that the collapse of the socialist heavy industries & the eastward relocation of traditional light industries initially forced the social conditions of the East European countries to converge at the bottom & deepened the gap between the West & the East. Later, the eastward migration of high-skilled labor & capital-intensive industries & jobs led to decreasing social disparity between the West & some of the former socialist countries. However, convergence appears uncertain, costly, & uneven, & coincides with increasing social disparity within the group of East European new members & candidates of the European Union. Adapted from the source document.