F52 - National Security; Economic NationalismNávrat zpět

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Political Economy of Illiberal Capitalism in Hungary and Poland

Jakub Szabó

Politická ekonomie 2022, 70(5):617-637 | DOI: 10.18267/j.polek.1364

Has the recent illiberal surge altered the neoliberal orthodoxy prevailing in post-1989 Hungary and Poland towards a more developmental modus operandi, or has it just camouflaged embedded neoliberalism with a developmental narrative? This article, trying to contribute to answering the aforementioned question, is structured as follows. First, we provide a general overview of the comparative capitalism approach. We extend the original conceptualizations by the framework of varieties of illiberal capitalism and present two ideal types of illiberal capitalism. Then, we assess five institutional areas of the political economy of contemporary Hungary and Poland. We conclude that although Hungary remains faithful to the neoliberal economic orthodoxy so far with illiberal political forces merely camouflaging its true essence due to political and utilitarian reasons, the post-2015 government in Poland managed to move its economic model closer to a more developmental modus operandi.

Politická ekonomie zahraniční obchodní politiky - instituce, regulace, sociální a politický kontext

Political Economy of Trade Policy - Institutions, Regulation, Social and Political Context

Oldřich Krpec, Vladan Hodulák

Politická ekonomie 2012, 60(1):20-39 | DOI: 10.18267/j.polek.830

This paper aims to contribute to the theoretical discussion of free trade and protectionism in international trade within the context of International political economy. Presented approach broadens the standard political economy view of trade policy and goes beyond the redistribution consequences and the political consideration of policy makers. Our interpretation of trade policy works with broader economic values and preferences of individual actors and understands the nation state and its policies as institutions. Social, cultural and historical context is taken into consideration, when interpreting the trade policy. More complex understanding of these determinants helps to explain contemporary trade policies and also their dynamic change. Paper also discuss the links between the trade policy and other economic (structural and industrial) policies and attract attention to possible misunderstandings in contemporary free trade discourse.