Large-Scale Transformation of Socio-Economic Institutions – Comparative Case Studies on CEECs. Background Paper 3: Varieties of Capitalism and CEECs. WWWforEurope Working Paper No. 19

The Varieties-of-Capitalism literature on generating indicators on the economic systems actually implemented mostly concentrates on the enterprise (or micro) level in traditional OECD countries, categorising countries between the extremes: liberal market economies and controlled market economies. It largely neglects the role of the government spending, the transition of former socialist countries and developing countries, and the political process behind the choice of an economic system. We broaden the perspective by combining the Varieties-of-Capitalism with the Worlds-of-Welfare-States literature in order to provide a comprehensive view on government activities in transition.